The Canadian dollar’s movements witnessed a positive trading session within the expected bullish context, touching the official station required for the current ascending wave 1.2840. Technically, the current moves are witnessing a bearish tendency as a result of hitting 1.2840, in addition to the stochastic entering the overbought areas intraday. …
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Oil, Crude, trading
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Oil, Crude, trading
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Mixed trades dominated gold prices during the previous trading session. As we mentioned, one of the primary keys for the trend is the resistance level of 1808, which forced the price to rebound to the downside and 1768 on the downside, which is trying to maintain positive stability. The technical …
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We stayed on the fence during the previous technical report due to the conflicting technical signals, explaining that reactivating the buying positions requires breaking the 1.1330 resistance level, which is a catalyst that helps consolidate gains to retest 1.1375/1.1370, recording the highest 1.1380. On the technical side today, the current …
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Negative movements dominated the movements of GBP/JPY after it found a resistance level around 151.70, which forced it to retest 150.60. On the technical side, and by carefully looking at the 60-minute chart, we notice the continuation of the negative pressure coming from the 50-day moving average, in addition to …
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The Canadian dollar started today’s trading session with an upward bias within the expected positive technical outlook, maintaining the intraday stability above the breached resistance level of 1.2730. Technically, the bullish scenario is still valid and effective, based on the positive motive of the 50-day moving average, which meets around …
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Oil, Crude, trading
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Oil, Crude, trading
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The price metal managed to touch the target published in the previous analysis at 1768, recording its lowest price at 1767, to bounce back up, building on the 1768 support. The price is now hovering around the highest level during the current session, trading at 1788. Technically, the moves are …
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