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Oil, Crude, trading
Read More »Dow Jones: negativity in place 30/8/2022
GBP/JPY: facing negative pressure 30/8/2022
Negative trading continued to dominate the movements of the pound sterling against the Japanese yen, after it hit the resistance level of 162.65, which forced it to settle negatively. On the technical side, we are inclined to negativity, relying on the clear negativity signs on the stochastic indicator. with because …
Read More »CAD maintains bullish path 30/8/2022
Positive trades witnessed the movements of the Canadian dollar, maintaining positive stability, benefiting from a base on the solid support floor located at 1.2950. Technically and carefully considering the 4-hour chart, we find the pair confirmed the breach of the 1.12960 resistance level, which has now turned into the 61.80% …
Read More »GBP: selling pressure is in place 30/8/2022
Oil, Crude, trading
Read More »Oil achieves the goals and expands its gains 30/8/2022
US crude oil prices continue to achieve gains within the targeted upward path, bypassing the official station required to be touched during the report issued yesterday at 96.40, recording its highest level of 97.36. Technically, we find that the simple moving averages continue to provide a positive stimulus that supports …
Read More »Gold is gradually losing momentum 30/8/2022
Gold prices found strong resistance around the key supply areas at 1745 published during the previous analysis, explaining that stability and stability below it is a condition for maintaining the general bearish trend on the intraday term, to find gold unable to break it until now. Technically and carefully considering …
Read More »Euro Settled below resistance 30/8/2022
The euro’s attempts to compensate for its losses against the US dollar during the previous trading session failed to find a strong resistance level of 1.0040 that successfully limited the bullish bias. As we explained in the previous report, the above-mentioned level is a prerequisite for recovery. Technically, today, the …
Read More »Dow Jones deepens losses 29/8/2022
Oil, Crude, trading
Read More »CAD breaks through the resistance, the positivity remains 29/8/2022
As expected, the Canadian dollar achieved noticeable gains within the positive technical outlook, touching the awaited target at 1.3030, recording its highest level at the beginning of the first trading sessions this week at 1.3070. Technically, and with careful consideration on the 4-hour chart, we find the pair confirmed the …
Read More »GBP: Under strong selling 29/8/2022
Oil, Crude, trading
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