Tag Archives: analysis

Negative trading dominated the Canadian dollar against its US counterpart, as part of the technique of retesting the support, as we expected, touching the required target of 1.2500. Technically speaking, trading remains below the previously breached support level of 1.2560, supporting the negativity. This comes in conjunction with the negative …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices failed to surpass the level of the pivotal resistance published during the previous analysis, located at 1749, which forced gold to trade negatively again, to re-test the 1730 support level. On the technical side, trading remaining below the aforementioned resistance increases the possibility that we will …

Positive trading dominated the euro against the US dollar so that the pair could touch the official target station during the previous analysis at 1.1975, recording a high of 1.1987. Technically, we find the current moves are witnessing stability above the psychological barrier of 1.1900, and we find the 50-day …

The German DAX index succeeded in touching the first official target station at the price of 15,310, recording its highest level during the previous trading session at 15,298. On the technical side, with the index continuing to trade above the support level of 15,210/15,200, which is dotted with the continuous …

The Dow Jones Industrial Average touched our first target required to be achieved during the previous trading session, located at 33,680, approaching a few points difference from the second target 33,740, recording the highest of 33,720. On the technical side, the RSI indicator is trying to hold onto the bullish …

The pound’s moves against the Japanese yen are witnessing a downward tendency to gradually approach the first target required to be touched during the previous analysis, 149.40, to settle for recording a low of 149.65. On the technical side, today, we tend to be negative, citing the continuation of stochastic …

The Canadian dollar succeeded in touching the first target required to be achieved during the previous analysis, located at 1.3600, recording its highest level during the previous trading session at 1.2630. Technically speaking, the pair hit a strong resistance level at 1.2630, retreating significantly to retest 1.2530. With a closer …

Oil, Crude, trading