Tag Archives: analysis

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 …

Oil, Crude, trading

Oil, Crude, trading

The prices of the yellow metal surged remarkably at the end of the trading week that ended last Friday, recording its highest level around $1,865 per ounce, after it succeeded in breaching the resistance level of 1836. From the angle of technical analysis today, we notice that the 14-day momentum …

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 the price of 1.1510, posting the highest level of 1.1495, to trade again on the negative side due to approaching the …

Negative trading returned to dominate the movements of the German DAX index as the resistance level 15,600 managed to limit the gains, to consolidate around its lowest level during the morning trading session around 15,350. Technically, the simple moving averages put pressure on the price, the stochastic losing the bullish …

Oil, Crude, trading

GBP/JPY touched the bullish target required to be achieved during the previous trading session, at 157.40, bypassing the target station, to record its highest level around the psychological barrier of 158.00. On the technical side today, the pair failed to maintain its gains due to hitting the resistance level at …

The movements of the Canadian dollar witnessed positive trades after it ended its daily transactions above the pivotal support floor published during all the reports of this week 1.2665, which forced it to rebound upwards stable above the resistance level of 1.2730. Technically, the return of the simple moving averages …

Oil, Crude, trading