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Oil, Crude, trading
Read More »GBP in favor of the downtrend 19/5/2022
Gold maintains negative technical conditions 19/5/2022
Gold prices maintained negative stability within the expected bearish context during the previous analysis after finding a strong resistance level around 1827, which forced the price to trade negatively again, maintaining the same technical conditions of the last report. On the technical side, the current moves of gold are witnessing …
Read More »The euro is waiting for a price destination to be determined 19/5/2022
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 »Germany’s DAX makes remarkable gains 18/5/2022
Oil, Crude, trading
Read More »Dow Jones closes positively 18/5/2022
Oil, Crude, trading
Read More »GBP/JPY: getting negative signals 18/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart, as we expected, touching the official price target during the previous analysis at 161.00, recording the highest level of 161.85. On the technical side today, despite the technical factors that increase the possibility of continuing the rise, …
Read More »CAD Looking for extra momentum 18/5/2022
Quiet trading dominated the movements of the Canadian dollar, tending to the negative after it temporarily failed to maintain stability above the 1.2880 support level, approaching the target that is required to be visited around 1.2775, recording its lowest level at 1.2795. Technically, there are cohesion attempts above the psychological …
Read More »GBP Sterling retest support 18/5/2022
Oil, Crude, trading
Read More »Gold ends the bullish trend 18/5/2022
We adhered to intraday neutrality during the last report due to the conflicting technical signals and the lack of clarity of direction, explaining if the breach of the 1832 resistance level is confirmed, this is a catalyst factor that may enhance the chances of the price rising to visit 1840, …
Read More »Euro takes advantage of weak USD 18/5/2022
The movements of the euro witnessed a noticeable increase during the previous trading session, with increasing bets that the European Central would raise interest rates and the decline of the US dollar, reaching its highest level at 1.0563. Technically, we find the euro succeeded in breaching the 1.0460 resistance level, …
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