The pivotal supply zones published in Friday analysis at 1.0600 managed to limit the euro’s attempts to rebound upwards, which forced the pair to trade negatively again. Technically, by looking at the 4-hour chart, we notice the continuation of the negative features coming from the stochastic indicator, which is gradually …
Read More »German Dax breaks the support 6/5/2022
Oil, Crude, trading
Read More »Dow Jones returns to the official bearish trend 6/5/2022
Oil, Crude, trading
Read More »GBP/JPY: achieves the bearish target 6/5/2022
The pound against the Japanese yen noticeably declined within the bearish corrective context published during the previous analysis, touching the official target for the last analysis at 161.20, recording its lowest level at 160.47. Technically, today, we tend to the negativity, relying on the stability of trading below 162.30 and …
Read More »CAD Building on support and returns to recovery 6/5/2022
The Canadian dollar’s movements witnessed a bullish bounce during the previous trading session, clarifying the importance of the pivotal support floor located at 1.2710, which forced the pair to rally to the upside to visit 1.2860. From the angle of technical analysis today, and with careful consideration of the 4-hour …
Read More »GBP incurred strong losses 6-5-2022
Oil, Crude, trading
Read More »Gold hits pivotal resistance barrier 6/5/2022
Gold prices managed to achieve the first target required to be touched during the previous analysis, at 1910, recording its highest level at 1910. To remind, we indicated during the report issued yesterday that the price behavior of gold should be monitored around 1910 due to its importance to the …
Read More »The Euro is temporarily rising 6/5/2022
mixed trading Dominated the movements of the euro against the US dollar, approaching the realization of the idea of the temporary rise referred to during the previous analysis at a price of 1.0640, recording the highest level at 1.0640. From the angle of technical analysis today, and carefully looking at …
Read More »German DAX could see a further rise 5/5/2022
Oil, Crude, trading
Read More »Dow Jones rebounds to the upside 5/5/2022
Oil, Crude, trading
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