Tag Archives: analysis

The USD/JPY was little changed, and the technical outlook remained the same, within a tendency to rise, recording its highest level at 154.22. On the technical side, we are inclined to the positivity, based on stability and intraday stability above the support level of 153.40, in addition to the clear …

The Canadian dollar could trade within the bullish correction tendency indicated during the past weeks, recording the highest level at 12745. However, the intraday movements are witnessing temporary adverse movements that hit the resistance level 1.2730 23.60% correction. Technically, and carefully looking at the 4-hour chart, we notice that the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices continued the negative move within the strong profit-taking wave that started with the beginning of last week’s trading, explaining that the stability of trading below the 1799 support level, opening the door to visit the target of 1769, posting a low at 1781. Technically, we notice the price …

There was little change in the EUR’s movements against the US dollar, maintaining the negative activity close to the 1.1200 target. Technically, the price continuation and stability below the simple moving averages support the bearish curve in prices and gain solid bearish momentum in the short time frames. Therefore, we …

The primary resistance levels published during the technical analysis yesterday, represented by our first target for the DAX index at 16,190, were able to limit the bullish bias, forcing the index to trade negatively again after touching the required target. On the technical side, we tend to be negative in …

Oil, Crude, trading

The GBP/JPY pair is trading with noticeable positivity, after it succeeded in building on the support floor published during the previous analysis, at 153.50, approaching by a few points from the first target that is required to be touched at 154.30, recording the highest during the morning trading session at …

The Canadian dollar managed to touch the second official target of the bullish corrective slope published during the last analysis, at 1.2720, recording its highest level during the early trading of today’s session 1.2716. Technically and by looking at the 4-hour chart, we notice that the simple moving averages continue …