The movements of the European single currency witnessed an upward bias during last week’s trading, surpassing the target at 1.1380, to record its highest level at 1.1483. Technically, and by looking at the 4-hour chart, we notice the signs of negativity that started appearing on the stochastic as a result …
Read More »Dow Jones Touches The Target 3/2/2022
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Read More »GBP/JPY: May Continue to Rise 3/2/2022
Positive trading dominated the pound’s movements against the Japanese yen within the ascending path published in the previous analysis, touching the target price station at 155.45, recording the highest price of 155.45. On the technical side, the pair’s current movements are witnessing a bullish bias, building on 154.70 support level, …
Read More »The Canadian Dollar: Same Technicals 3/2/2022
Narrow sideways trading dominates the movements of the Canadian dollar for the third consecutive session, between 1.2660 and 1.2700 without any change in the technical outlook. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get more bullish momentum, in addition …
Read More »The Pound Advances Against The Dollar Ahead of BoE 3/2/2022
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Read More »Oil Looking For Additional Momentum 3/2/2022
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Read More »Gold Succeeds in Re-testing Support 3/2/2022
Gold prices successfully retest the support level published in the previous report at 1797 to return to the bullish bounce, approaching a few points from the price station required in the last analysis at 1813, to record the highest of 1811. Technically and carefully looking at the 4-hour chart, we …
Read More »The Euro is Trying Positively 3/2/2022
The single European currency continued its positive move to the upside within the bullish path published in the previous report, after it succeeded in retesting the 1.1270 support line, recording its highest level during the last session’s trading of 1.1330. On the technical side, reading the chart on the 4-hour …
Read More »German Dax: Gets Positive Signals 2/2/2022
The German DAX index witnessed a positive session, recording its highest level during the early trading of the current session around 15,680. On the technical side, the index found an excellent support floor around 15,550, and the RSI continues to defend the positive moves and gets more bullish momentum, stable …
Read More »Dow Jones Needs Confirmation 2/2/2022
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