Remarkable positive trades dominated the movements of the Canadian dollar within the bullish context as we expected it to touch the first target that is required to be achieved during the previous analysis 1.2910 and is approaching by a few points from the second target 1.2950, recording the highest level …
Read More »The Pound Below Resistance 16/12/2021
Oil, Crude, trading
Read More »Oil Start on Positive 16/12/2021
Oil, Crude, trading
Read More »The Euro is Waiting For a New Signal Ahead of The ECB Decision 16/12/2021
The single European currency achieved the official target required to be at 1.1220 areas, to record its lowest level at 1.1220 and return to the bullish rebound, taking advantage of the demand level represented by the target. Technically, we find the pair stable above 1.1220, and we notice that the …
Read More »The US Dollar is at Its Highest Level in a Week
The US dollar rose to the highest level in a week against a basket of major currencies on Tuesday, December 14, supported by expectations of tightening from the US Federal Reserve at its meeting this week and the demand for safe havens amid continued uncertainty about the Omicron pivot from …
Read More »Dow Jones May Witness Negative Trading Session 14/12/2021
Oil, Crude, trading
Read More »The Canadian Dollar Extends Gains 14/12/2021
The Canadian dollar continued its positive trading within the expected bullish context during the last analysis after it succeeded in stabilizing above the psychological barrier level of 1.2700 Technically, the bullish trend is likely today, based on the breach of the 1.2730 resistance level represented by the 23.60% Fibonacci correction …
Read More »The Pound Starts Trading Negatively 14/12/2021
Oil, Crude, trading
Read More »Oil Hovers Around The Support 14/12/2021
Oil, Crude, trading
Read More »The Euro Begins to Put Pressure on The Demand Areas 14/12/2021
The euro failed to stabilize for a long time above the psychological barrier of 1.1300 to start its daily trading on a bearish slope and start pressing on the key demand area 1.1260. Technically, and by looking at the 4-hour chart, we notice that the RSI is losing its bullish …
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