Noticeable declines dominated the Eurodollar pair within the bearish technical outlook, as we expected, in which we relied on breaking the support level at 1.0955, touching the first target at 1.0885, and recording its lowest level at 1.0874. On the technical side today, and with a closer look at the …
Read More »Nasdaq extends its losses 14/8/2023
Oil, Crude, trading
Read More »The Japanese yen continues to strengthen 14/8/2023
japanese-yen
Read More »GBP confirms the break 14/8/2023
Oil, Crude, trading
Read More »Oil is under negative pressure 14/8/2023
US crude oil futures prices declined after several consecutive sessions of ascending to find a strong resistance level near 83.80. This forced it to trade negatively again, gradually approaching the bearish target published during the previous report 82.00, recording its lowest level at 82.27. Technically, and upon closer look at …
Read More »Gold starts pressing support 14/8/2023
As we expected, gold prices continue to decline, touching the official target station during last week’s trading at 1913, recording its lowest level at $1912 per ounce. On the technical side today, by looking at the 4-hour chart, with the continuation of the negative intersection of the simple moving averages, …
Read More »Euro starts negative 14/8/2023
Negative trades dominated the movements of the euro-dollar pair within the expected general bearish path, in which we relied on the stability of intraday trading below the 1.1000 level, and in general, below the main resistance of 1.1030, recording its lowest level during the morning trading of the current session …
Read More »Nasdaq is stable below resistance 11/8/2023
Oil, Crude, trading
Read More »Dow Jones is facing negative pressure 11/8/2023
Oil, Crude, trading
Read More »CAD is trying to build support 11/8/2023
The Canadian dollar found a good support ground around 1.3355, which succeeded in limiting the bearish bias, to start the pair’s daily trading on a bullish path, stabilizing above the mentioned level. Technically, the 50-day simple moving average still holds the price from below, and it meets near 1.3350, which …
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