Tag Archives: analysis

Positive trading dominated gold’s movements during the early trading of the ongoing session, attacking the resistance level of 1800, a psychological barrier, to reach the top of 1802. Today’s technical analysis indicates the possibility of continuing the rise, with the price breaking through the 1797 resistance level, 50.0% correction, in …

The single European currency kicked off the weekly trading on a slightly bullish slope, aiming to retest the resistance level 1.1880/1.1890. Technically speaking, the 4-hour chart shows that the stochastic is trading around overbought levels, with trading stabilized below the 1.1880/1.1890 resistance level, 61.80% Fibonacci level. Therefore, the bearish scenario …

The German DAX index managed to touch the target published in the previous analysis, at 15695, recording its highest level at 15,692. Today, with a closer look at the 60-minute chart, signs of negativity started appearing on Stochastic, gradually losing the bullish momentum, and this comes in conjunction with the …

Oil, Crude, trading

GBP/JPY achieved the expected bullish limited bias we target in the last analysis at 154.00, recording the highest level at 153.97. The pair’s current trading is witnessing price stability above the support level of 153.30, as we find the RSI stable above the mid-line 50. We tend in our trading …

Positive trading dominated the movements of the Canadian dollar within the completion of the bullish corrective slope that we mentioned in all reports of the week, touching the required target 1.2410, recording its highest level during the previous trading session at 1.2445. Technically, with the pair’s success in confirming the …

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis, due to the exposure of technical signals, to find that gold prices collided with the strong resistance level published during the previous report at 1782, which we mentioned to represent one of the most important trend keys for the current trading …

The euro continues to resume the bearish path against the US dollar within a gradual decline to the downside, approaching the official target of 1.1840 by a few points, at the second target 1.1810, posting its lowest level at 1.1835. On the technical side, and with the continuation of the …