Tag Archives: analysis

Quiet positive trades dominated gold’s movements during the previous session’s trading. After retesting the strong support level at 1840 price, it returned within the bullish path, now stable around the session’s highest level around 1857 resistance. Technically, we explained yesterday that the condition for continuing the rise is cohesion above …

The single European currency succeeded in retesting the pivotal support level published during the previous report at 1.0660, which forced the euro to bullish retracement. As we expected, touching the first target 1.0740, heading to touch the official price target during the previous technical report at 1.0770, recording its highest …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bullish context during the previous analysis, touching the awaited target at 160.60, recording its highest level during today’s morning trading session at 160.83. Technically and carefully looking at the 4-hour chart, we notice that …

The Canadian dollar managed to achieve some modest gains during the previous trading session and is still hovering around the retest target required to be achieved around 1.2840. Technically, we tend to the negativity, but with caution, relying on the clear negative signs on the stochastic indicator, which started losing …

Oil, Crude, trading

Negative movements dominated gold prices during the previous trading session within a limited bearish tendency after failing to maintain trading above 1850 to retest 1840 successfully. On the technical side today, we find the 50-day moving average that continues to support the bullish price curve and the stability of daily …

Trading tilted to the negative trend that dominated the euro’s movements against the US dollar yesterday, but with limited negativity after the pair closed daily above the support level of 1.0670. Technically, the euro is hovering around the 1.0670 level, which is the strong support of the 61.80% Fibonacci retracement, …

Oil, Crude, trading