Negative trading dominated the Canadian dollar’s movements, trying to pressure the pivotal support level at 1.2465 to end its daily trading above that level. Technically, there is a conflict in the technical signals between the attempts of the stochastic indicator to obtain positive signals that increase the possibility of an …
Read More »The Pound is trying to Hold Above Support 20/1/2022
Oil, Crude, trading
Read More »Oil Continues The Bullish Direction 20/1/2022
Oil, Crude, trading
Read More »The Euro is Looking For New Signals 20/1/2022
The moves of the single European currency showed sideways movements that tended to the upside, building on the support of the psychological barrier 1.1300, and the pair is now hovering around its highest level during the early trading of the current session 1.1350. Technically, by looking at the 4-hour chart, …
Read More »Dow Jones is Witnessing Heavy Losses 19/1/2022
Oil, Crude, trading
Read More »The Canadian Dollar: Technical Conditions Unchanged 19/1/2022
The technical outlook is unchanged and the movements of the US dollar against the Canadian dollar did not change significantly, maintaining the same technical conditions of the previous session. Technically, there is a conflict in the technical signals between the RSI attempts to obtain positive signals that increase the possibility …
Read More »The British Pound is Below The Moving Average 19/1/2022
Oil, Crude, trading
Read More »Oil Extends Its Gains 19/1/2022
Oil, Crude, trading
Read More »The Euro Touches The Initial Targets 19/1/2022
Within the expected bearish context, the single European currency declined significantly against the US dollar. Therefore, we relied on confirming the breach of 1.1370, explaining that this opens the way to visit the first target, 1.1320, to record the euro as low as 1.1315. Technically, today, and by looking at …
Read More »Dow Jones is facing selling Pressure 18/1/2022
Oil, Crude, trading
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