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Oil, Crude, trading
Read More »Dow Jones form a bullish attack 18/10/2022
CAD: touches the descending goals 18/10/2022
As we expected, the Canadian dollar declined noticeably against the US dollar, surpassing the official target station during the previous technical report at 1.3715, recording its lowest level at 1.3657. Technically and carefully considering the 4-hour chart, we find the pair failed to maintain the broken support floor 1.3710, and …
Read More »GBP continues its bullish rally 18/10/2022
Oil, Crude, trading
Read More »Oil: negative pressure remains 18/10/2022
Negative trading dominated the performance of US crude oil yesterday, within the expected bearish path, approaching by a few points from the published target of 84.40, recording its lowest level at 84.60. Technically, we notice that the simple moving averages continue to support the bearish scenario and the bearish technical …
Read More »Euro Starts Positively Against USD 18/10/2022
We adhered to intraday neutrality during the previous analysis due to a conflict in the technical signals, explaining that activating the buying positions depends on surpassing the upside level of 0.9780 in order to motivate the price to visit our first ascending target at 0.9845, recording its highest level at …
Read More »Dow Jones faces selling pressure 17/10/2022
Oil, Crude, trading
Read More »CAD: needs to monitor movements 17/10/2022
Mixed trading dominated the Canadian dollar’s movements at the end of last week’s trading within an unclear daily direction, to decline quickly as a result of approaching the resistance level of the psychological barrier of 1.3900. Technically, the current movements of the pair are witnessing a stable bearish tendency around …
Read More »GBP repeats the chances of a cautious rise
Oil, Crude, trading
Read More »Oil prices go down 17/10/2022
US crude oil futures prices declined, nullifying the expected bullish context during the last analysis, in which we depended on the stability of daily trading above 86.65. Technically, and by looking at the 240-minute chart, we find the stability of the intraday trading below 87.00 that supports the decline, in …
Read More »Euro awaits pending orders 17/10/2022
The single European currency reached the first required target last Friday at 0.9810, which formed a strong resistance level, causing the euro to fail to stabilize over the psychological barrier of 0.9800. From the angle of technical analysis today, the pair is now hovering above the support floor level of …
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