Technical Analysis

The Canadian dollar continues to attempt to rise after it succeeded in maintaining the trading level above 1.2500 for several consecutive hours. Technically, we tend to the positivity, but with caution, relying on stability above the 1.2500 psychological barrier support floor, accompanied by the RSI’s attempts to obtain bullish momentum. …

Oil, Crude, trading

Oil, Crude, trading

The prices of the yellow metal incurred heavy losses during the trading session last Friday, under pressure from the rise of the US currency, to end its trading around 1762. Technically, and by looking at the 4-hour chart, we find the continuation of the negative pressure is still valid, as …

The single European currency ended its weekly trading on a bearish slope, as the euro continued the descending path that started from the 1.1890 level to record its lowest level at 1.1754. On the technical side today, and with a careful look at the 4-hour chart, we find the simple …

The British Pound achieved the first bearish target published in the previous analysis, located at 151.60, to record its lowest level at 151.60. On the technical side, today, we tend to the negative, relying on the clear negative signs on stochastic, in addition to the stability of trading below 152.60. …

The Canadian dollar was able to complete the bullish correction referred to during the previous analysis, touching the official target station required to be achieved at 1.2600, recording its highest level at 1.2613. Technically, by looking at the 240-minute chart, we find the simple moving averages continuing to hold the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices continue to maintain their gains after it succeeded in building on the psychological barrier of 1800, touching the first target mentioned in the previous analysis at 1835, recording the highest of 1835. On the technical side today, with the price continuing to obtain a positive stimulus from the …