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Oil, Crude, trading
Read More »GBP: breaks support 30/6/2022
Gold is facing selling pressure 30/6/2022
After several consecutive sessions in which we committed to neutrality due to the range that dominated the movements of gold during this week’s trading, activating the selling positions requires a clear and strong break of the 1820 level, targeting 1810, touching a target of 1811. On the technical side, today, …
Read More »The euro fails to maintain its gains 30/6/2022
The euro failed to maintain its recent gains against the US dollar after its inability to stabilize above the resistance level of 1.0500, which forced it to break the psychological support level of 1.0500. It is currently trading around the support level of 1.0460. Technically, and with careful consideration of …
Read More »Dow Jones could see a downward slope 28/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Settled below resistance 28/6/2022
GBP/JPY fell significantly after it failed to maintain trading above the 167.00 level, targeting 165.13. On the technical side, today, the apparent negative features on the RSI and its stability below the mid-line 50, a technical factor that supports the decline, and this comes in conjunction with the pair’s stability …
Read More »CAD: Constant negative pressure 28/6/2022
Canadian Dollar witnessed Noticeable declines during the previous trading session within the expected bearish technical outlook, surpassing the first bearish target required to be touched at 1.2920, heading to visit the second target of 1.2885, recording its lowest level yesterday at 1.2855. Technically, we tend to the negativity, relying on …
Read More »GBP: maintains bullish trend 28/6/2022
Oil, Crude, trading
Read More »Gold is waiting for pending orders 28/6/2022
Limited sideways trading dominates gold price movements, maintaining the same technical conditions published during the last analysis. Technically, trading returned to the sideways range between 1820 and 1842, despite the negative pressure coming from the 50-day moving average, which is accompanied by the clear negative signs on the stochastic indicator. …
Read More »The euro is trying to recover 28/6/2022
The single European currency continues to recover against the US dollar within the expected bullish path, approaching the first price target of 1.0630, to record its highest level during the last session’s trading of 1.0613. Technically, by looking at the 4-hour chart, we find the current intraday movements of the …
Read More »Dow Jones continues to achieve bearish targets 23/6/2022
Oil, Crude, trading
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