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Oil, Crude, trading
Read More »GBP loses bullish momentum 9/6/2022
Gold is rising softly 9/6/2022
Narrow sideways movements tended to the positivity that dominated the gold price movements during the previous trading session. Therefore, we adhered to intraday neutrality, explaining that consolidation above 1855 increases the possibility of touching 1865, so gold is satisfied with recording the highest price of 1860. On the technical side …
Read More »The euro is waiting for a new signal, all eyes on ECB 9/6/2022
Positive trades dominated the euro’s movements against the US dollar. The pair’s success in consolidating above the strong support level published during the previous analysis at 1.0670 forced it to achieve some bullish bounce to visit 1.0750. We mentioned in the last analysis that the 1.0670 level represents one of …
Read More »Dow Jones needs to be closely monitored 8/6/2022
Oil, Crude, trading
Read More »GBP/JPY: makes strong gains 8/6/2022
The GBP/JPY pair achieved strong gains within the expected bullish path during the previous analysis, bypassing the official station required to be touched during the last analysis at the price of 167.00, recording its highest level during the early trading of today’s session 167.44. Technically, we tend to be positive, …
Read More »CAD trying to get positive signals 8/6/2022
The Canadian dollar achieved the idea of the bullish bias published during the technical analysis of yesterday’s session, touching the required retest target at 1.2620 and recording its highest level at 1.2620. Technically and with careful consideration on the 60-minute chart, the current movements are witnessing intraday stability above the …
Read More »GBP hits the resistance 8/6/2022
Oil, Crude, trading
Read More »Gold is still looking for catalysts 8/6/2022
Mixed trading dominated gold’s movements during the previous trading session, after attempts to break the pivotal support floor at 1850, but ended its daily trading above the mentioned support level. On the technical side today, and by looking at the 4-hour chart, we notice the attempts of the 50-day SMA …
Read More »The euro is testing support 8/6/2022
The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …
Read More »Dow Jones and negative pressure stands 7/6/2022
Oil, Crude, trading
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