Oil, Crude, trading
Read More »The Canadian Presses For Support 10/1/2022
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, clarifying that the bearish trend depends on confirming the break of 1.2700 to target 1.2630. As a result, the pair recorded its lowest price at 1.2630. Technically, the bearish technical structure shown on the 240-minute …
Read More »Sterling Struggles to Break Through Resistance 10/1/2022
Oil, Crude, trading
Read More »Oil May Witness a Downward Trend 10/1/2022
Oil, Crude, trading
Read More »Euro is in a Sideways Range 10/1/2022
Positive trading dominated the euro against the US dollar, but it is still limited within a sideways range between the support level of 1.1300 and below the main resistance level of 1.1380. Technically, looking at the 4-hour chart, we notice that the price is moving above the 50-day moving average, …
Read More »Dow Jones Resumes Decline Ahead of US Employment Data 7/1/2022
Oil, Crude, trading
Read More »Canadian Dollar is Waiting For a Signals 7/1/2022
The Canadian dollar declined after it hit the resistance of the psychological barrier 1.2800 and failed to stabilize for a long time above it, return to trading with a clear negative and retest the support level of the psychological barrier 1.2700. Technically, by carefully looking at the 4-hour chart, we …
Read More »The Pound is Waiting For Pending Orders 7/1/2022
Oil, Crude, trading
Read More »Oil Extends Its Gains 7/1/2022
Oil, Crude, trading
Read More »The Euro is Pressing on Support 7/1/2022
Sideways bias dominates the movements of the EURUSD, between 1.1280 and 1.1350, and the negativity remains. Technically, and carefully looking at the 240-minute chart, we notice that the 50-day moving average is still a negative pressure factor on the price, accompanied by the clear negative features on the stochastic indicator. …
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