The Canadian dollar was able to touch the support level as we expected during the previous analysis, around the 1.2710 support level, to return to the bullish rebound stable intraday above the psychological barrier of 1.2800. From the technical analysis point of view today, the bullish trend is still valid …
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Oil, Crude, trading
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Oil, Crude, trading
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The technical outlook is unchanged, and the yellow metal did not witness a significant change within a short-term bearish trend, tilting to the downside, stable below the main resistance 1799, to start today’s session by pressing on the support level 1768.00. The technical aspect today needs careful consideration and trading …
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Limited sideways trading that tended to the negativity dominated the euro’s movements against the US dollar, maintaining the regular bearish context working within the descending price channel. On the technical side, the current moves of the euro against the US dollar are settling below the resistance level of 1.1380, and …
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The bearish trend dominates the German DAX index, recording its lowest level at 15,007 after finding a solid resistance level around 15,280. Technically, the current moves are witnessing a slight bullish slope, benefiting from the base at the 15,020 level, but the simple moving averages continue to pressure the price …
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Oil, Crude, trading
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GBP/JPY traded with clear negativity, as we mentioned during yesterday’s technical report, targeting 149.80, and the pair recorded its lowest level at 149.72. Technically, and with careful consideration of the short time frames, we find the 50-day moving average trying to push the price to the upside, accompanied by the …
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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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