Negative trading dominated the Canadian dollar’s movements during the previous trading session after it succeeded in stabilizing temporarily below the 1.2600 support level. From the technical analysis, the current moves are witnessing attempts to rise. However, the price is back to stability above the 1.2600 support level, accompanied by attempts …
Read More »The British Pound Retesting The Resistance
Oil, Crude, trading
Read More »Oil Touches The Extended Target
Oil, Crude, trading
Read More »Gold Hit The Resistance
Gold recorded rebound attacks to the upside during the previous trading session to retest the 1770 resistance level after recording its lowest level at 1747. Today’s technical vision indicates the possibility of resuming the bearish bias based on the negative pressure of the 50-day moving average, in addition to the …
Read More »The Euro Continues to Decline Against The Dollar
The resistance levels published during the previous analysis, at 1.1640, were able to cap the attempts to rise in the euro against the US dollar, which forced it to decline again. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the …
Read More »German Dax Continues to Decline
Negative trading dominates the German DAX index movements, settling around the lowest level during today’s trading session at 15,080. Technically, and with the stability of trading below support-into-resistance 15280 level, accompanied by the negative pressure of the simple moving averages. This increases the possibility that we will witness a downward …
Read More »Dow Jones Tends to The Negative Side
Oil, Crude, trading
Read More »GBP/JPY: Retesting Resistance
Negativity continues to dominate the pound sterling’s movements against its Japanese counterpart, hitting its lowest level at the end of last week’s trading around 149.20. On the technical side today, we are inclined to the negativity, relying on the negative signals coming from the stochastic indicator and the stability of …
Read More »CAD Awaits Pending Orders
The Canadian dollar faced intense negative pressure at the end of last week’s trading. It started the first weekly trading with a bearish tendency; after it failed to settle above the 1.2665 level, it started the first weekly trading with a bearish tendency. Technically, we notice a contradiction between the …
Read More »GBP: Faces Strong Resistance
Oil, Crude, trading
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