Tag Archives: analysis

The Canadian dollar is trying to build on the pivotal demand point published during all reports of the current week, located at the price of 1.2465/1.2460, which is trying to protect the pair from achieving more declines and forcing it to retest the 50-day moving average around 1.2540 resistance level. …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices found a strong resistance level at 1847, which we mentioned during the previous analysis that breaching it is a basic and important condition to continue the rise. Technically, the intraday movement of gold is witnessing stability below the mentioned resistance. However, by looking at the 4-hour …

The strong supply area published yesterday, at 1.1370, managed to limit the bullish bias witnessed by the euro against the US dollar, which forced it to trade negatively, to retest the psychological support level 1.1300. On the technical side, the movements are witnessing a downward tendency, between 1.1300 and 1.1370. …

The German DAX index continued declining within the expected bearish path, touching the first target required to be achieved during the last analysis, at 15,640, recording its lowest level at 15,613. On the technical side today, we notice the continuation of the negative pressure from the 50-day moving average, in …

Oil, Crude, trading

Mixed trading dominated the pound’s movements against the Japanese yen to witness within a bullish path after it managed to settle above the 155.50 support level. Today, we tend to the positivity, but with caution, relying on the price stability above 155.50 accompanied by positive signs that started appearing on …

Negative trading dominated the Canadian dollar’s movements, trying to pressure the pivotal support level at 1.2465 to end its daily trading above that level. Technically, there is a conflict in the technical signals between the attempts of the stochastic indicator to obtain positive signals that increase the possibility of an …

Oil, Crude, trading