Oil, Crude, trading
Read More »CAD building on support 22/4/2022
The pivotal support levels at 1.2460 managed to limit the bearish bias, which forced the pair to rebound bullishly again, heading to touch the required retest target at 1.2660, bypassing the target to record the highest 1.2590. Technically and carefully considering the 4-hour chart, the positive signs on the stochastic …
Read More »The pound faces strong resistance 22/4/2022
Oil, Crude, trading
Read More »The euro hits the resistance, facing negative pressure 22/4/2022
The single European currency managed to target retesting at 1.0920, recording a high of 1.0936, to return to trading with noticeable negativity due to hitting the resistance level. On the technical side, the euro’s moves returned to stability below the resistance level of 1.0880, most importantly below the psychological resistance …
Read More »The euro rises to its highest level in a week
The euro rose to a one-week high on Thursday as market expectations crystallized that the European Central Bank would implement its first interest rate hike as soon as July. European Central Bank President Joachim Nagel joined other policymakers this week in saying the bank may raise interest rates at the …
Read More »German Dax returns to gains 21/4/2022
Oil, Crude, trading
Read More »Dow Jones extends gains 21/4/2022
Oil, Crude, trading
Read More »CAD facing selling pressure 21/4/2022
The Canadian dollar declined noticeably, canceling the expected positive outlook in the previous analysis, in which we relied on the stability of trading above the 1.2570 level. Accordingly, we indicated that any trading below 1.2570 will postpone the attempts to rise and put the pair under negative pressure to target …
Read More »The pound is building on psychological barrier support 21/4/2022
Oil, Crude, trading
Read More »The euro attacks the resistance 21/4/2022
We adhered to intraday neutrality during the previous analysis, explaining that we prefer to monitor the price behavior of the pair around the 1.0770 support level, explaining that the pair’s success in building the level above, in addition to confirming the breach of 1.0840, leads the pair to recover, targeting …
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