Tag Archives: analysis

A positive trading session witnessed the movements of the euro against the US dollar within the expected bullish bias during the previous analysis, touching the retest target that is required to be achieved over the short time intervals at 1.0210, recording the highest level at 1.0253. Technically, we find the …

Oil, Crude, trading

Positive trading dominated the movements of GBP/JPY, cancelling the expected negative outlook during the previous report, in which we relied on the price stability below 162.00. The consolidation above the mentioned level leads the pair to recover temporarily, with a target of 162.90 to record its highest level at 163.06, …

For the third session in a row, the Canadian dollar hits the strong resistance level published during the week at 1.2885, which forced it to trade negatively, maintaining the bearish context as we expected. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average …

Oil, Crude, trading

The yellow metal did not show much change during the last trading session within a sideways range, through which it succeeded in intraday stability above the 1760 support level and in general, above 1750; the price is now hovering near its highest level during the morning trading around 1770. Technically, …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to the limited trading between the daily trend keys published yesterday, explaining that activating the short positions as soon as 1.0150 is broken, targeting 1.0120, to record the pair’s lowest level at 1.0118. …

Oil, Crude, trading

GBP/JPY succeeded in touching the first target required to be achieved during the previous trading session at 159.50, recording its lowest level at 159.44, which forced it to rebound upwards as a result of hitting the mentioned support. Technically, we find the 50-day simple moving average pressuring the price from …

The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining the negative stability below the 1.2885 resistance level. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average for the bearish bias, which is exerting its negative pressure, in …