Tag Archives: analysis

Sideways trading that tends to be negative, continues to dominate the Canadian dollar’s ​​moves, trapped from the bottom above the support level of 1.2600 and from the top below the resistance level of 1.2700 for several consecutive sessions. Technically speaking, we tend to be negative, relying on the stability of …

Oil, Crude, trading

Oil, Crude, trading

Positive trades have regained control of gold’s movements, as we expected, touching the second target of the previous report, located at 1727, and approaching a few points difference from the last target of 1737, to record its highest level during early trading for the current session 1734. Technically speaking, we …

We committed to the intraday neutrality during the previous analysis due to the conflicting technical signals, indicating that the activation of long positions requires confirmation of the breach of 1.1885, in order to enhance the chances of a rally to visit 1.1920, for the pair to succeed in reaching its …

The German DAX index on the Frankfurt Stock Exchange maintained its gains, achieving remarkable gains, recording a high of 14,473. On the technical side, we are biased towards the positivity, relying on the positive motive of the 50-day moving average, coinciding with the positive signs of the RSI. Therefore, the …

Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street yesterday, recording its highest level at 32,116. On the technical side, we tend to be positive, depending on the stability of trading above the support level 31m640, which is constantly waiting for the index to receive …

The British Pound failed to maintain the trading level above 151.00 psychological barrier resistance, as the current moves in the pair witness a bearish slope. On the technical side, today we are biased negatively in our trading, depending on the negative signs coming from the stochastic indicator. From here, with …

The Canadian dollar found a solid support floor around 1.2600, to start the bullish rebound, trying to surpass 1.2680 resistance. Technically speaking, we tend to be positive, relying on building a base on the aforementioned support floor, in addition to the clear positive signs on the RSI and its stability …

Oil, Crude, trading