The British pound rose against its Japanese counterpart during the previous session, canceling the negative outlook as we expected and touching the stop loss order published during the previous analysis at 151.60, to hit its highest level near the psychological barrier of 152.00. On the technical side, today, with the …
Read More »Canadian Dollar: Maintains The Same Technical Conditions
The technical outlook remains unchanged and the pair’s movements have not changed significantly. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover signals that began to appear on the stochastic indicator. This makes us think of the possibility of witnessing …
Read More »Pound Returns Gains Against USDollar
Oil, Crude, trading
Read More »Crude Oil Starts Positively
Oil, Crude, trading
Read More »Gold Builds on Support And Reiterates Bullish Chances
Positive trades returned to control gold’s movements again after it succeeded in building on the solid support floor located at 1771 nullifying the negative outlook expected during the previous analysis touching the stop loss order at the price of 1780. It will stop the negative outlook, and gold will return …
Read More »Euro Retesting Resistance And Negativity is an Available Scenario
Quiet trading tended to be negative, dominating the euro’s movements against the US dollar in a gradual decline to the downside, reaching its lowest level during the previous session’s trading at 1.2010. Technically speaking today, we see the euro trying to build a base on the support floor of the …
Read More »Bitcoin Waiting For Pending Orders
The positive moves returned to control Bitcoin prices, nullifying the positive outlook, as we expected, and to remind us, we indicated during the previous analysis that the return of stability in trading again above 54,240 leads Bitcoin prices to rise again, with a target of 54,720, and then 55,690 to …
Read More »Germany’s Dax Faces Negative Pressure
Negative trading dominated the German DAX index within the expected bearish context in the previous analysis, recording its lowest level at 15,104. On the technical side today, with trading remaining below the pivotal support level converted to the 15,200/15,210 resistance level accompanied by the negative pressure of the 50-day moving …
Read More »Dow Jones Tries to Hold on to Support
The Dow Jones Industrial Average managed to build a base on the support level of 33,660, which forced it to rebound again, to re-test 33,920. Technically, we are biased towards the positivity depending on the RSI’s continued defense of the bullish bias and its stability above the 50 midline. Thus, …
Read More »GBP/JPY Losing Bullish Momentum
The pound retreated against the Japanese yen noticeably, ending a series of gains, heading to retest the required target at 151.00, reaching a low of 150.80. On the technical side, today we are biased negatively depending on trading stability below 151.60 accompanied by the RSI losing bullish momentum over short …
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