The Canadian dollar managed to touch the second official target of the bullish corrective slope published during the last analysis, at 1.2720, recording its highest level during the early trading of today’s session 1.2716. Technically and by looking at the 4-hour chart, we notice that the simple moving averages continue …
Read More »Sterling Awaits Negative Trading Session
Oil, Crude, trading
Read More »Oil is Moving Negatively
Oil, Crude, trading
Read More »The Euro Continues Towards Bearish Targets
The euro against was able to reach the first price target published during the previous analysis against the US dollar at 1.1220, recording its lowest level during the last trading session of 1.1225. Technically, Stability below the simple moving averages supports the bearish curve in prices and gains solid bearish …
Read More »The Euro Fell as The Fourth Closure Began in Austria to Contain Covid-19
The European euro fell on Monday, approaching its lowest level in 16 months, on the back of growing fears of the repercussions of the new restrictions to besiege Covid-19 in Europe, at a time when Austria began a complete closure, while Germany considers emulating it. Austria began its fourth closure, …
Read More »Dow Jones is Looking For Confirmation
Oil, Crude, trading
Read More »The Canadian Dollar Resumes The Bullish Attack
Noticeable positive trades dominated the US dollar against the Canadian dollar within the idea of the expected bullish correction during all reports of the past week, benefiting from establishing a solid support floor around 1.2500, recording the highest level at 1.2662. Technically, the price has consolidated above the support level …
Read More »Sterling Retesting Resistance
Oil, Crude, trading
Read More »Oil Touches The Target
Oil, Crude, trading
Read More »The Euro Continues Towards Bearish Targets
The European single currency ended its weekly trading in the red areas within the expected negative outlook with the movements within the current descending wave, touching the first price target area for the last analysis at 1.1265, recording its lowest level at 1.1250. Technically, by looking at the 4-hour chart, …
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