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 …
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Oil, Crude, trading
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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 …
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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 …
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Oil, Crude, trading
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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 …
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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 …
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Oil, Crude, trading
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Positive trading dominated the movements of the pound sterling against the Japanese yen within the bullish context, as we expected touching the first target to be achieved 162.60 and approached by a few points from the second target of 163.60, recording its highest level at 163.47. On the technical side …
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The Canadian dollar showed some bullish bias during the last trading sessions of last week, after several consecutive sessions during which it did not show any movements, to retest the 1.2885 resistance level. Technically, we find the pair succeeded in stabilizing above 1.2885, the previously breached resistance, which is now …
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