CAD witnessed a sideways trend for several successive sessions, confined from below above the support floor of the psychological barrier 1.3600 and from above below the resistance of the psychological barrier of 1.3700. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …
Read More »USD/JPY continue to advance upward 11/9/2023
japanese-yen
Read More »GBP continues to achieve bearish targets 11/9/2023
Oil, Crude, trading
Read More »Oil tends to be negative 11/9/2023
Mixed trading dominated the prices of US crude oil futures contracts, confined from the bottom above 86.20 and the top below the psychological barrier resistance level of 88.00. Technically, with a closer look at the 4-hour chart, the Stochastic indicator began sending negative crossover signals, and this is accompanied by …
Read More »Gold is waiting for a new direction on the intraday basis 11/9/2023
We adhered to intraday neutrality during the previous technical report due to conflicting technical signals, explaining that we are waiting for the confirmation of the breach of the 1929 resistance or the breach of the 1913 support. Gold prices found strong resistance around 1929, which forced the price to trade …
Read More »Euro: continuation of the decline needs confirmation 11/9/2023
Limited side trading dominated the euro’s movements against the US dollar at the end of last week’s trading within a bearish context, concluding its trading around the psychological barrier of 1.0700. Technically, and with a closer look at the 4-hour time frame chart, we find that the simple moving averages …
Read More »Nasdaq: Negative pressure is on 9/2023
Oil, Crude, trading
Read More »Dow Jones is trying for a temporary rise 8/9/2023
Oil, Crude, trading
Read More »CAD trying to get rid of negativity 8/9/2023
The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining positive stability and recording its highest level near the psychological barrier of 1.3700. Technically, and by looking closely at the 4-hour chart, we find that the pair established a good support base around the psychological barrier …
Read More »USD/JPY above the moving average 8/9/2023
japanese-yen
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