Oil, Crude, trading
Read More »Gold breaks through the resistance and resumes the rise 30/5/2022
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 …
Read More »The Euro starts positively and hovers around a pivotal resistance 30/5/2022
The euro started its first weekly trading with a noticeable rise within the expected bullish context during last Friday’s analysis. It managed to breach 1.0670 resistance level, to reach its highest level during the morning trading of the current session at 1.0762. Technically, the euro is now hovering around the …
Read More »German DAX continues to rise 27/5/2022
Oil, Crude, trading
Read More »Dow Jones exceeds the target 27/5/2022
Oil, Crude, trading
Read More »GBP/JPY: getting positive signals 27/5/2022
The pound sterling achieved the idea of the bullish tendency shown during the last analysis, heading towards our first target that needs to be touched at 160.80 to record its highest price of 160.83. On the technical side today, the bullish trend is still valid and active, with the pair’s …
Read More »CAD breaks support 27/5/2022
The Canadian dollar declined noticeably within the expected negative outlook. We relied on the price stability below the 1.2850 resistance level, explaining that trading below 1.2800 leads the pair to visit our first target 1.2755, recording the lowest at 1.2745 during the early morning trading. Technically, the pair achieved a …
Read More »GBP consolidates its gains 27/5/2022
Oil, Crude, trading
Read More »Gold is building on support 27/5/2022
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 …
Read More »The euro touches the desired goal 27/5/2022
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 …
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