The Canadian dollar succeeded in continuing the bullish corrective tendency referred to during the previous analysis, touching our first target at 1.2555, recording the highest during early trading for the current session 1.2555. Technically speaking, and with the pair continuing to get a positive stimulus from the 50-day moving average, …
Read More »Pound Confirms The Break And Continues to Achieve Descending Targets
Oil, Crude, trading
Read More »Oil Facing Negative Pressure
Oil, Crude, trading
Read More »Gold Still Looking For a More Powerful Trend
Gold prices succeeded in touching the first target required to be achieved during the previous analysis, located at a price of 1747, recording its highest level of 1747. Technically speaking, and with a closer look at the chart, we find intraday trading is stable below 1747, accompanied by the loss …
Read More »Euro Waiting Pending Orders
Quiet trading dominated the moves of the euro against the US dollar during the previous trading session, to find the pair a good support floor around 1.1880 within limited upside attempts to target a re-test of 1.1950. On the technical side today, and with a closer look at the 60-minute …
Read More »German DAX Breaks Support
The current movements of the German DAX index are witnessing a bearish tendency after it succeeded in breaching the support level of 14,700, which has now been converted into a resistance level. On the technical side, today we find the 50-day moving average is pressing the price from the top, …
Read More »Dow Jones Faces Temporary Negative Pressure
The Dow Jones industrial average found a strong resistance level around 32,850, after several consecutive sessions of incline, as the current movements of the index witnessed a slight bearish slope due to the stability of intraday trading below 32740. Technically speaking, today indicates the possibility of a temporary bearish bias …
Read More »GBP/JPY: Facing Selling Pressure
The pound fell against the yen during last Friday’s trading, touching the first target to be achieved, which is located at 150.55, recording its lowest price of 150.27. On the technical side, today there are some positive signs that started appearing on the stochastic indicator, but the 50 day moving …
Read More »Canadian Dollar Trying to Maintain a Gradual Rise
The Canadian dollar succeeded in its gradual rise to the upside, approaching a few points difference from the first target required to be achieved at 1.2560, recording a high of 1.2550. Technically, and with a closer look at the interval chart, we find the pair managed to build a base …
Read More »Pound Breaks Support and Negativity in Place
Oil, Crude, trading
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