Oil, Crude, trading
Read More »The Euro is moving in the descending channel 19/4/2022
The single European currency ended last week’s trading with a noticeable decline within the expected bearish context mentioned in the previous analysis, touching the first official target required around 1.0775, recording its lowest level at 1.757. Technically, the pair witnessed quiet trading due to the European market holiday yesterday. However, …
Read More »German Dax Starts Positively 14/4/2022
Oil, Crude, trading
Read More »Dow Jones is Building on Support Amid Mixed Trading 14/4/2022
Oil, Crude, trading
Read More »CAD Stopped Bullish Bounce 14/4/2022
During the previous trading session, the Canadian dollar declined noticeably to stop the expected bullish bounce mentioned in the last analysis. The resistance levels of 1.2675 succeeded in limiting the bullish rebound, which forced the pair to retest 1.2560. Technically, with the price stability below the 1.2590 level, 38.20% Fibonacci …
Read More »The pound is Building on Support, Eyes on Pivotal Resistance 14/4/2022
Oil, Crude, trading
Read More »The Euro Building on Support, eyes on ECB 14/4/2022
The euro’s movements witnessed a limited bullish tendency after finding a solid support floor near the psychological barrier of 1.0800, which helped the pair make a bullish bounce to test the 1.0900 resistance level. Technically and carefully considering the 4-hour chart, we notice that the 50-day moving average is still …
Read More »German Dax: negative pressure in place 13/4/2022
Oil, Crude, trading
Read More »Dow Jones is trading negatively 13/4/2022
Oil, Crude, trading
Read More »CAD getting bullish momentum 13/4/2022
As we expected, the Canadian dollar continues to gain more bullish momentum, touching the first official target that must be achieved at 1.2660, recording the highest at 1.2661. Technically, the pair’s success in stabilizing above the 1.2600 resistance-into-support and the 50-day moving average supports the daily bullish price curve. Therefore, …
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