Tag Archives: analysis

The Canadian dollar retreated after it failed to maintain above the support level of 1.3080, as the current moves witness a bearish bias around the 1.3000 barrier. Technically, looking at the chart, we will tend to be negative depending on the regularity of the movement within the descending price channel …

The British pound showed moves against the greenback to achieve strong gains, attacking the psychological barrier of 1.3200, reaching a high of 1.3193. Technically, the intraday trading remains stable above 1.3110 with the positive motive from the 50-day moving average that meets at the aforementioned level and adds more strength. …

Oil, Crude, trading

Gold prices opened the first weekly trading with a bullish tendency, touching the official target required to be achieved and mentioned in the previous report at 1963, reaching a peak at 1964. The technicals indicate the possibility of resuming the rally, depending on the continuation of gold obtaining clear additional …

The single European currency continues to rise against the US dollar within the expected bullish path last Friday, surpassing the first target required to be achieved during the previous analysis, 1.1870, to hit the session high at 1.1895. Technically, the moving averages continue to support the general bullish trend, in …

The German DAX managed to achieve the expected positive outlook, touching the official target required to be achieved in the previous session at 12470, peaking at 12580. The technicals are indicating the possibility of resuming the rally, given the price consolidating above the previously breached resistance turned into support at …

The Dow Jones Industrial Average touched the first required target mentioned in the previous analysis at 28220, extending the gains, peaking at 28386. Technically, we tend to be positive depending on the positive motive of the SMA-50, with the stochastic indicator centered around overbought areas. From here, with intraday trading …

Oil, Crude, trading

Positive trading dominated gold during the previous trading session after it succeeded in building on a strong support 19012, in addition to being able to confirm the breach of the resistance mentioned in the previous analysis at 1910, indicating that breaking it increases the possibility of touching 1934 to record …

The euro jumped against the US dollar to achieve strong gains. To be reminded, we committed to the intraday neutrality in the previous analysis, indicating that the activation of long positions depends on confirming the breach of 1.1770 resistance, in order to enhance the chances of the rise towards 1.1800 …