Tag Archives: analysis

The Canadian dollar witnessed random, erratic trading but tended to the positive as the pair stabilized above the 1.2700/1.2720 support level. From the point of view of technical analysis, we are still inclined to the positivity, but cautiously, relying on the stability of trading above the mentioned support and the …

Oil, Crude, trading

Oil, Crude, trading

Gold’s movements witnessed random trades affected by the Federal Reserve’s decisions yesterday, with total bearish performance, to witness intraday stability below 1774, and in general, below 1780. On the technical side today, looking at the 240-minute chart, we notice the negative impact of the bearish technical structure shown on the …

Mixed trading dominated the euro’s movements against the US dollar. The euro is still facing negative pressure for the fourth consecutive session, unable to breach the strong resistance level published during all the technical reports over the week at 1.1750. Technically, the euro continues its negative crawling to the downside …

The German DAX index managed to retest the resistance level at 15,360, the first target, recording the highest 15371. On the technical side, the current movements of the index are witnessing negative pressure as a result of trading stability below 15,340, and most importantly, 15,360, in addition to the negative …

Oil, Crude, trading

GBP/JPY managed to touch the first official target at 148.90, recording its lowest level at 148.95. On the technical side today, and with a careful look at the 240-minute chart, we find the negative features are still dominating the stochastic indicator and the stability of the intraday trading below the …

Positive trading dominated the movements of the Canadian dollar during the previous trading session within the bullish context, as we expected, approaching by a few points from the published target of 1.2860, recording its highest level at 1.2850. Technically, and by looking at the 4-hour chart, we notice that the …

Oil, Crude, trading