Oil, Crude, trading
Read More »CAD Built on Support And Eyes on BoC
The Canadian dollar built on the support published in the previous analysis at 1.2350, retest the resistance level of the psychological barrier 1.2400, recording the highest level at 1.2399. Technically, and carefully looking at the 4-hour chart, we notice the return of the simple moving averages to hold the price …
Read More »The British Pound Hits The Resistance
Oil, Crude, trading
Read More »Oil is Looking For Confirmations
Oil, Crude, trading
Read More »The Euro Below Resistance
Quiet trading dominated the euro’s movements against the US dollar within the expected bearish context, and the technical outlook did not change much. Technically, and by looking at the 4-hour chart, we notice the trading stability below the 1.1640 resistance level represented by the 23.60% Fibonacci correction as shown on …
Read More »Dow Jones Repeat Chances of The Bullish Attack
Oil, Crude, trading
Read More »Canadians Building on Support
Positive trades dominated the Canadian dollar’s movements after attempts to build on the main support floor located at 1.2300, to return to the bullish rebound, retesting the resistance level of the psychological barrier 1.2400. Technically, and by looking at the chart with a 60-minute chart, we notice that the price …
Read More »The British Pound is Facing Negative Pressure
Oil, Crude, trading
Read More »Oil Retests Support
Oil, Crude, trading
Read More »The Euro is Below Support
The single European currency failed to confirm breaching the major resistance level published in the previous analysis, at 1.1680, over several consecutive sessions, which forced it to trade negatively again. Technically, and by looking at the 4-hour chart, we notice the trading stability below the psychological support level of 1.1600. …
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