Tag Archives: analysis

Sideways bias dominates the movements of the EURUSD, between 1.1280 and 1.1350, and the negativity remains. Technically, and carefully looking at the 240-minute chart, we notice that the 50-day moving average is still a negative pressure factor on the price, accompanied by the clear negative features on the stochastic indicator. …

The technical outlook is unchanged, and the movements of GBP/JPY did not change significantly, maintaining the bearish path as we expected, settling below 157.50. On the technical side today, we expect a bearish bias in the coming hours, based on the stability of the intraday trading below the resistance level …

The Canadian dollar built on the pivotal support floor published during yesterday’s analysis, at 1.2670, which forced the pair to rebound to the upside to retest the psychological resistance level of 1.2800. technically, with the positive motive for the 50-day moving average, which returned to hold the price from below, …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the prices of the yellow metal during yesterday’s session within the expected positive outlook, touching the second official target station at 1827, recording the highest of 1829. On the technical side, gold prices hit a strong resistance area, which forced the price to move negatively again. With …

The single European currency witnessed attempts to rise during yesterday’s trading session, but there are still limited gains, recording the highest level at 1.1346, trying to build on the 1.1270 support level. Technically, by carefully looking at the 240-minute chart, we notice that the 50-day moving average is still a …

The German DAX index managed to touch the official bullish target required to be achieved during the last report at 16185, recording its highest level at 16,188. On the technical side, and carefully looking at the 60-minute chart, we tend to be positive, but very cautiously, relying on the price’s …

Oil, Crude, trading

Positive trades dominated the movements of the pound sterling against the Japanese yen within the expected bullish path during the previous analysis, exceeding the second target that is required to be achieved at 156.70, recording the highest level at 157.43. On the technical side today, we expect a bearish bias …