Oil, Crude, trading
Read More »GBP/JPY: Building on Support 16/2/2022
During yesterday’s trading session, the Pound Sterling presented positive trades, benefiting from a base at the 156.20 support level, recording its highest level near the pivotal resistance 157.00. On the technical side, the pair is trying to consolidate above 156.20, accompanied by the positive attempts of the stochastic indicator, in …
Read More »CAD: Looking For Extra Momentum 16/2/2022
Limited sideways trading tends to the little positivity above the psychological support level of 1.2700 and below the resistance level of 1.2770. Technically, the 50-day SMA is trying to provide a positive motive and the attempts of Stochastic to obtain more bullish momentum. With intraday trading remaining above the breached …
Read More »GBP: Settled Below The Resistance 16/2/2022
Oil, Crude, trading
Read More »Oil Breaks The Support Line 16/2/2022
Oil, Crude, trading
Read More »Gold May be Forced to a Corrective Decline 16/2/2022
Mixed movements dominated the gold prices during the last trading session, recording the highest level at 1880, which formed a negative pressure factor that forced the price to retreat strongly towards the retest of 1844. On the technical side, today, and carefully looking at the 4-hour chart, we notice the …
Read More »Euro Stable Below Resistance 16/2/2022
The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at 1.1510, posting the highest level of 1.1495, to trade again on the negative side as approaching the resistance level of the …
Read More »German Dax: Facing Selling Pressure 14/2/2022
The movements of the German DAX index witnessed negative trading, recording its lowest level at 15,110 after it recorded the highest at 15,500. Technically, by looking at the 60-minute chat, we notice that the stochastic indicator continues to receive negative signals, accompanied by the momentum indicator gaining negative signals on …
Read More »Dow Jones: Negative Pressure in Place 14/2/2022
Oil, Crude, trading
Read More »GBP/JPY: Consolidate Above 14/2/2022
The Canadian dollar is trying to maintain its recent gains during last week’s trading, after it sought to establish a solid support floor around 1.2665, to witness intraday movements stability above 1.2700. Technically, the return of the simple moving averages provides a positive motive and the clear positive crossover signs …
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