Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »Gold Touches The Required Target Ahead of Inflation Data 10/2/2022
Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …
Read More »German Dax: Continues to Advance 9/2/2022
The German DAX index succeeded in touching the first target price station during the previous analysis, located at the price of 15270, and it is close by a few points from the required official station 15350, recording its highest level at 15334. The technical side today, we notice if the …
Read More »The Canadian Dollar: Monitor Price Behavior 9/2/2022
Sideways movements that tend to be negative tend to dominate the Canadian dollar for the second consecutive session. The pair’s movements are between the support level of 1.2665 and below the strong resistance level of 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »Gold Continues Its Gradual Rise 9/2/2022
Gold prices maintain the gradual bullish tendency after it succeeded in breaching the resistance level of 1810, recording its highest level during the previous trading session of 1829. Technically and by carefully looking at the 4-hour chart, we notice that the moving average supports the bullish price curve. In addition, …
Read More »German Dax: Building on Support 8/2/2022
The German DAX index managed to touch the first price stop published during the last analysis, at 15,240, recording its highest level of 15,254. Technically, the index was able to establish a good support floor near 15,090, and as we notice the clear positive signs on stochastic, supporting the idea …
Read More »The Canadian Dollar: Waiting For a Signal to Move 8/2/2022
The Canadian dollar was able to achieve the view of retesting the support published during the previous analysis, heading towards retesting the required target at 1.2665, recording its lowest level at 1.2657. Technically, we notice the negative pressure coming from the simple moving averages that put negative pressure on the …
Read More »Gold Extends Its Gains 8/2/2022
Gold prices jumped during the first trading of this week within the expected upward path during the previous analysis, heading to touch the first station 1819, approaching by a few points, at the second price station 1825, recording its highest level 1823. On the technical side today, and by looking …
Read More »German Dax: Re-testing Support 7/2/2022
The German DAX index started its first weekly move on a slight bullish slope, benefiting from the pivotal support level of 15,100. It is now hovering around its highest level during the early trading of the current session 15,19. Technically, the 60-minute chart indicates the possibility of continuing the rise …
Read More »The Canadian Dollar: Meets Resistance 7/2/2022
The Canadian dollar achieved noticeable gains during last week’s trading, within the expected bullish path, after it succeeded in breaching the resistance level 1.2710, to reach the highest level at 1.2787. Technically, and carefully looking at the 240-minute chart, we note the current negativity features that started appearing on the …
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