Mixed trading dominated the movements of the euro-dollar pair, within a downward sloping path, affected by the US data that appeared last Friday, recording its lowest level at 1.0970. From a technical point of view, today, we find the pair’s intraday trading has returned to stability above 1.1000, accompanied by …
Read More »Dow Jones: negative pressure in place 4/5/2023
Oil, Crude, trading
Read More »CAD retests support 4/5/2023
Positive trades dominated the movements of the Canadian dollar during the previous trading session after it succeeded in breaching the resistance level of 1.3585, which is hovering around at the moment and starts with negative pressure on the mentioned level. Technically, and when looking closely at the chart, we find …
Read More »GBP maintains its gains 4/5/2023
Oil, Crude, trading
Read More »Oil deserves to be the biggest loser 4/5/2023
Bleeding losses continue to control the prices of US crude oil futures contracts within the expected negative outlook, exceeding the official target required to be achieved during the last report, located at the price of 68.45, recording its lowest level during the early trading of the current session at the …
Read More »Gold continues to challenge its American rival 4/5/2023
Gold prices continued their upward push within the expected bullish technical path mentioned in the previous analysis, in which we relied on the confirmation of gold prices breaching the resistance of the symmetrical triangle, as we explained yesterday, heading to touch the official target of the previous analysis 2045, recording …
Read More »Euro is rising against the dollar 4/5/2023
The movements of the euro-dollar pair witnessed a positive trading session, as we expected, and the euro succeeded in touching the first official stop during the previous analysis, at 1.1085, recording its highest level at 1.1090. Technically, the simple moving averages still support the upward curve of prices, and this …
Read More »Dow Jones tends to be negative ahead of Fed 3/5/2023
Oil, Crude, trading
Read More »CAD retests support 3/5/2023
It is hovering around its highest level during the current session at 1.3615. Technically, and with a closer look at the chart, the simple moving averages continue to support the daily bullish price curve. On the other hand, signs of negativity began to appear on the stochastic indicator, which started …
Read More »GBP maintains positive stability 3/5/2023
Oil, Crude, trading
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