Mixed trading Dominated the movements of the German DAX index during the previous session to find a good support floor around 15,1120, which forced it to rebound slightly upward. On the technical side, today, and carefully looking at the 60-minute chart, we find stochastic started losing the bullish momentum gradually, …
Read More »Dow Jones Dow Jones to Cut Losses 28/1/2022
Oil, Crude, trading
Read More »GBP/JPY: Repeats The Chances of Rising 28/1/2022
Mixed trading dominated the pound’s movements against the Japanese yen within a not-good technical context, trying to build above the support level of 154.00. On the technical side today, the pair’s intraday movements are witnessing a slight bullish tendency due to stabilizing above the psychological support level of 154.00, as …
Read More »The Canadian Dollar is Making Remarkable Gains 28/1/2022
The Canadian dollar jumped, achieving noticeable gains as expected, coming close by a few points from the required target of 1.2765, recording its highest level at 1.2748. Technically, the pair succeeded in establishing a solid support floor around 1.2665, accompanied by the positive motive of the 50-day SMA and the …
Read More »British Pound Continues to Decline 28/2022
Oil, Crude, trading
Read More »Oil Resumes The Upside 28/1/2022
Oil, Crude, trading
Read More »Gold Extends Its Losses 28/1/2022
Gold prices witnessed significant losses during the last session within the expected bearish path, heading to touch the official target 1797, bypassing the official station, touching the next target 1790, recording its lowest price of 1791. Technically, the bearish trend is still intact today due to the negative pressure coming …
Read More »The Euro Continues to Decline 28/1/2022
The euro faced noticeable losses against the US dollar during the previous trading session, within the expected path, touching the first official goal at 1.1160, approaching the second target of 1.1120, recording its lowest level at 1.1130. Technically, and by carefully looking at the 4-hour chart, we notice that the …
Read More »German Dax: Facing Negative Pressure 27/1/2022
The German DAX index witnessed a negative trading session after it found negative pressure to hit the resistance level 15,540, which forced it to retest 15,185. On the technical side, today, we tend to the negativity, considering that the RSI gained more bearish momentum due to stabilizing below the mid-line …
Read More »Dow Jones Extends Losses 27/1/2022
Oil, Crude, trading
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