Tag Archives: analysis

The euro approached the first target that needs to be touched, at 1.1200, explaining that breaking the 1.1260 support level puts the price under negative pressure, targeting 1.1200, posting a low of 1.1220. Technically, the current moves are witnessing attempts to rise due to the return of stability above the …

Positive trading returned to control the movements of GBP/JPY, canceling the expected negative outlook during the previous analysis after it succeeded in breaching the resistance level of 150.70. Technically, we tend to the positivity, relying on the clear positive signs on stochastic and the stability of the RSI above the …

The Canadian dollar found a strong resistance level of around 1.2840, which forced it to trade negatively again, and hovers around retesting the strong support level at 1.2730. Technically, and carefully considering the 4-hour chart, we find the pair hovers around 1.2730, represented by the 23.60% Fibonacci correction, and the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices are still trading within a short trend that tends to the downside. However, the dominant feature is still unclear, as the current moves are witnessing a bearish tendency that is gradually approaching the 1774 support level. Technically, By looking at the 60-minute chart, we notice that the momentum …

Trading was calm and tended to the negativity within the bearish path after the Euro found a resistance level around the psychological barrier of 1.1300, unable to breach it until now. Technically, by looking at the 4-hour chart, we notice the return of intraday trading stability above the 50-day moving …

Positive trades dominated the movements of the German DAX index, recording its highest level at the end of last week’s trading at 15,432. Technically, we tend to the negativity, but with great caution, relying on the stability of trading below the resistance level 15,250, in addition to the negative pressure …

Oil, Crude, trading

Strong negative trading dominated the movements of the pound sterling against the Japanese yen, nullifying the expected positive outlook during the previous analysis, recording a low of 148.96. On the technical side today, the pair failed to maintain the trading level above 149.70, accompanied by the negativity of Stochastic on …