Gold prices jumped with this week’s trading, beginning within the expected bullish context during the last report. We relied on the stability of trading above the 1830 support floor, touching the required target 1857, recording its highest price yesterday at 1865. On the technical side, we notice clear positive crossover …
Read More »The Euro Advance against USD 24/5/2022
The Euro provided a trading session in positive areas against the US dollar after it succeeded in building on the support floor of 1.0550 and the Euro’s success in breaching 1.0630, reaching its highest level during the previous trading session 1.0697. Technically, and by carefully looking at the 4-hour chart, …
Read More »German DAX may achieve intraday gains 20/5/2022
Oil, Crude, trading
Read More »Dow Jones may witness a temporary rise 20/5/2022
Oil, Crude, trading
Read More »GBP/JPY: awaits clearer signal 20/5/2022
Divergent movements dominated the trading of the British pound against its Japanese counterpart, to fail to achieve the scenario of retesting the resistance published during the previous analysis, and as we explained during the last analysis that the decline below 158.50 will immediately stop the expected bullish trend and put …
Read More »CAD is looking for catalysts 20/5/2022
Quiet trading tilted to the negative, dominating the movements of the Canadian dollar within a gradual decline to the downside, as we expected, approaching by a few points from the published target 1.2775, recording a low at 1.2783. From the angle of technical analysis today, the current trading levels for …
Read More »GBP is waiting for confirmation 20/5/2022
Oil, Crude, trading
Read More »Gold repeats the chances of rising 20/5/2022
Positive movements dominated gold prices to reflect the temporary bearish trend referred to during the previous report, in which we relied on the stability of trading below 1830, and to remind us, we explained yesterday that skipping upwards above 1830 leads gold directly to visit 1842, recording the highest 1849, …
Read More »The Euro looking for a stronger direction 20/5/2022
The support levels published during the previous report at 1.0460, managed to limit the bearish bias, as the euro successfully retested the mentioned level, trying to maintain stability above the resistance level of the psychological barrier of 1.0500. Technically today, and by carefully looking at the 240-minutes, we notice the …
Read More »Dow Jones incurs heavy losses 19/5/2022
Oil, Crude, trading
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