The pair is trading positively since the morning in attempts to reach the support level of 122.85. In general, our morning expectations remain as they are as long as the pair is stable below 122.85....
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The pair is trading positively since the morning in attempts to reach the support level of 122.85. In general, our morning expectations remain as they are as long as the pair is stable below 122.85....
Kiwi recovered slightly this morning however trading remains within narrow ranges. Holding above 0.7500 could push the pair to extend the correction towards the top of the possible symmetrical...
The pair has started to correct some of the recent losses, where RSI continues to provide a bullish divergence, while Stochastic has turned positive, thus we may see an extension of the current...
Loonie retraced slightly to find support at 1.0250 and attempt to resume the bullish trend; we still see a potential correction as indicated by the divergence on momentum indicators. Thus our morning...
It seems that the pair is presently taking breath after yesterday’s losses that assisted bears to approach their technical target at 78.20 zones. RSI 14 is very close to the value of 30.00; thus, we...
The pair is currently achieving a mild correction while Stochastic continues reflecting an oversold case. The oversold studies represent the main technical reason that forced us to stay aside during...
Back to the longer time frames where we can see how the price is bearishly affected by trading below 161.8% Fibonacci expansion level at 91.05-blue line- as seen on the daily chart. Meanwhile, EMA 20...
Silver reversed to the downside affected by the minor resistance of 27.70, reflecting that the upside momentum is insufficient to retest the critical resistance of 28.05. The downside movement might...
Gold reversed again after reaching around 1552.00, where the metal confirmed the strong effect of this barrier. Therefore, negative pressures remain evident driven by the descending channel and...
The pair continues to trade below 0.8000, which supports the bearishness to remain valid , where consolidation below this level suggests the retest of the main support of the descending channel shown...
The negative pressures continue driven by the main support of the symmetrical triangle formation, where the pressures might send the pair to retest the support level of the descending channel as well...
The pair declined sharply affected by the negative factors mentioned earlier today, in attempts to confirm trading again within the descending channel shown above. Our morning expectations remain as...
The pair has moved to the downside forcing RSI 14 to move lower once again as seen on the provided daily chart. Fibonacci level of 76.4% should continue pressuring the pair negatively for the rest of...
The pair continued sliding after clearing the key support of the suggested symmetrical triangle pattern hinted this morning. Now, Stochastic may cause a retest of this broken support before resuming...
The pair started to stabilize again above Ribbons lines-EMA10 to 80- as seen on the provided four-hour graph. In the interim, Stochastic and AROON indicators bullish signs become clearer suggesting...
Finally, the pair has moved to the downside affected by the previous discussed technical catalysts. Furthermore, it is attempting to enter the descanting channel which dominated the movements after...
The pair continued rallying downwards after clearing the psychological level of 1.2500 earlier as seen on the provided daily chart. MACD traditional shows a very negative sign since its lines has...
The bearish bias has started to dominate price action as seen on the latest four-hour candle, where RSI has broken 50 level to the downside, and the bullish bias on ADX has weakened. Thus we hold...
As shown above on the 4-hour interval, we find the silver reversed to the downside, while the metal attempts to settle again below EMA 20, which weakens the formation of the double bottom pattern and...
Gold is negatively biased, while the downside pressures might continue to weigh on the metal supported by approaching the resistance of 1582.00. But, technical circumstances are still as they are,...
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