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Oil, Crude, trading
Read More »GBP settled below resistance 10/8/2022
Gold touches the target, eyes on inflation figures 10/8/2022
Gold prices achieved the positive outlook as we expected, reaching the first target mentioned in the previous report, at 1797, attacking the psychological resistance level of $1800 per ounce. Today’s technical view indicates the possibility of an upside potential based on the price’s success in surpassing the upside and consolidating …
Read More »Euro faces strong resistance 10/8/2022
We adhered to intraday neutrality during the previous session due to the conflicting technical signals to see the euro challenging to surpass the minor resistance level published during the last report represented by the price of 1.0240, which limited the bullish bias. Technically, signs of negativity began to appear on …
Read More »Dow Jones faces temporary negative pressure 9/8/2022
Oil, Crude, trading
Read More »GBP/JPY: repeats the chances of rising 9/8/2022
GBP/JPY made positive trades during the previous trading session, approaching the first target to be touched at 164.10, recording the highest of 163.85. On the technical side today, we find the 50-day simple moving average that supports the bullish price curve, in addition to the pair’s success in building a …
Read More »CAD faces resistance 9/8/2022
Negative trading has regained control over the movements of the Canadian dollar after it failed to stabilize for a long time above the strong resistance level published during the previous analysis at 1.2930, which forced it to trade negatively again. Technically, the pair’s current movements are witnessing a return to …
Read More »GBP waiting for the daily trend 9/8/2022
Oil, Crude, trading
Read More »Gold is looking for confirmation 9/8/2022
Gold prices witnessed a positive trading session, compensating for its losses last Friday, nullifying the idea of resuming the decline, in which we relied on stability below the 1779 resistance level. Instead, recording a high of 1790. Technically, by looking at the 4-hour chart, we find the simple moving average …
Read More »Euro is waiting for direction 9/8/2022
The movements of the EUR/USD pair witnessed positive attempts at the beginning of the first trading of this week, but still limited positive, with the stability of trading below the resistance level of 1.0240. The technical aspect refers to the conflict of technical signals, and we note the negative pressure …
Read More »Dow Jones is trading cautiously 8/8/2022
Oil, Crude, trading
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