Tag Archives: analysis

The British pound against its Japanese counterpart was able to touch the first official target required to be achieved during the previous analysis, 152.00, recording the lowest of 151.99. On the technical side, today, we prefer to maintain our short positions, relying on the negativity of the stochastic indicator, which …

The Canadian dollar did not show any movement during the previous trading session and continues to maintain trading above the 1.2500 support level. Technically, the pair maintains stability above the pivotal support floor 1.2500, 38.20% Fibonacci correction, accompanied by stochastic attempts to gain additional momentum. Therefore, we will keep our …

Oil, Crude, trading

Oil, Crude, trading

Gold prices made noticeable gains last Friday, within the expected bullish context during the previous analysis, touching the official target station 1768, recording the highest level of 1800. Technically, and by looking at the 4-hour chart, the prices settled above 1768 represented by the 61.80% Fibonacci correction as shown on …

A noticeable surge of the euro against the US dollar at the end of last week’s trading, nullifying the expected negative outlook during the previous analysis, touching the stop-loss order 1.1800, recording the highest level at 1.1804. On the technical side today, we find the euro succeeded in stabilizing above …

Positive trading dominated the movements of the German DAX index, reaching its highest level during the early trading of the current session at 15,940. On the technical side, today, we are inclined to the positivity based on the positive signals coming from the RSI, accompanied by the positive motive of …

Oil, Crude, trading

Negative trading dominates the movements of the pound against the Japanese yen, with the opening of the current trading session, recording its lowest level at 152.30. On the technical side, we are inclined to the negativity today, relying on the negative pressure of the simple moving averages, which is accompanied …

Despite the bearish bias that dominated the Canadian dollar’s movements during the previous trading session, we believe it is still limited. Technically, the pair maintains stability above the pivotal support floor of 1.2500, accompanied by the pair continuing to receive positive signals from the RSI that is trying to gain …