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 …
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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 …
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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 …
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Oil, Crude, trading
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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 …
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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 …
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Oil, Crude, trading
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Oil, Crude, trading
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Gold’s movements are witnessing rebound attacks to the upside, which aimed to retest the 1767 resistance level after a, which recorded its lowest level around the 1722 bottom. On the technical side, we find gold collided with the resistance level of the descending price channel shown on the graph, which …
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The single European currency started its first weekly trading, maintaining the negative stability, and the current movements of the pair are witnessing stability below the psychological barrier of 1.1600. Technically, by looking at the 4-hour chart, we notice the continuation of the apparent negative signs on the stochastic indicator, accompanied …
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