The technical outlook is unchanged for the second session in a row, with the continuation of the sideways range between 1889 and 1904. Today’s technical vision indicates the possibility that we will witness an attempt to establish support around 1885 that may lead gold prices to achieve some temporary rise, …
Read More »Euro is touching the bearish targets 23/8/2023
EURUSD failed to stabilize for a long time above the resistance level of the psychological barrier 1.0900, to return to negativity significantly during the previous trading session, within the expected bearish context in the last analysis, touching the first official target of 1.0840, recording its lowest level at 1.0833. Technically, …
Read More »Nasdaq is trying to get positive signals 22/8/2023
Oil, Crude, trading
Read More »Dow Jones touches the extended targets 22/8/2023
Oil, Crude, trading
Read More »CAD is trying to maintain the bullish bias 22/8/2023
The technical outlook remains unchanged as the pair continues to gradually maintain its bullish path, maintaining its positive stability above the support level of 1.3500. Technically, the 50-day simple moving average still holds the price from below, in addition to the positive signs coming from the RSI, which is stable …
Read More »JPY may witness a decline 22/8/2023
japanese-yen
Read More »GBP starts positive 22/8/2023
Oil, Crude, trading
Read More »Oil hits resistance 22/8/2023
Futures prices failed to achieve the bullish scenario after colliding with the pivotal resistance level published during the previous technical report at 82.30, explaining that breaching it is a condition for continuing the rise. Technically, 82.30 formed a strong resistance that forced the price to decline to retest the support …
Read More »Gold trying to establish support 22/8/2023
The technical outlook is unchanged, and there was no significant change in gold prices in an attempt to rise. However, it is still limited, recording its highest level of 1898, after recording its lowest price around the support of 1885. Today’s technical vision indicates the possibility that we will witness …
Read More »Euro is retesting support 22/8/2023
After several successive sessions of decline, the euro-dollar pair started its daily trading on an upward slope, attempting to take advantage of the support level of 1.0885 to witness the current movements stabilizing around its highest level during the morning trading at 1.0915. Technically, by looking at the 4-hour chart, …
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