Limited negative trades dominated the movements of the Canadian dollar during the previous trading session to find the support level of the psychological barrier that managed to limit the bearish tendency so that the pair maintained the positive path. From the point of view of technical analysis today, the 50-day …
Read More »JPY between trend and correction 18/8/2023
japanese-yen
Read More »GBP to be monitored 18/8/2023
Oil, Crude, trading
Read More »Oil may resume the bearish correction 18/8/2023
The price of US crude oil futures witnessed an upward trend yesterday after several successive sessions of decline, benefiting from the support of the psychological barrier at 79.00 to provide some bullish bounce to retest the $81.00 level. Technically, looking closely at the 4-hour chart, we find the price stable …
Read More »Gold is gradually approaching the official target 18/8/2023
Gold prices reached the official target station during the previous technical report at 1885, recording its lowest level at $1885 per ounce. On the technical side, prices tried to take advantage of the support represented by the 1885 target to achieve some bullish rebound. However, it is still limited, and …
Read More »Euro is getting weak positive signals 18/8/2023
The single European currency continued its negative trading against the US dollar within the expected bearish context, gradually approaching the third expected target of 1.0840, recording its lowest level at 1.0855. On the technical side, the Euro found a good support ground around 1.0850, forcing it to achieve some limited …
Read More »Nasdaq achieves bearish targets 17/8/2023
Oil, Crude, trading
Read More »Dow Jones is witnessing further declines 17/8/2023
Oil, Crude, trading
Read More »CAD continues to climb 17/8/2023
Positive trades dominated the movements of the US dollar against the Canadian dollar within the expected positive outlook, touching the first target at 1.3530, recording its highest level at 1.3552. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming …
Read More »JPY continues to hit the targets 17/8/2023
japanese-yen
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