New accounts of the Turkish lira, and the conditional sale of gold

New accounts of the Turkish lira, and the conditional sale of gold

Gold traders did not receive enough support during the closing session of last week’s trading to continue their gains, ending the upside scenario at 1424 $. The ounce then received a sharp wave of negative pressure to reach $ 1386. Last week as trades fluctuated around psychological levels at $ 1400 to climb to the levels of $ 1440 and then drop to the areas of $ 1380, and this coincided with the events of various political. Technically both the moving averages and the technical indicators indicate a weakness in the continuation of the momentum of the buy after closing the weekly candle below the psychological levels at 1400 $ and therefore we will stand today with the strengthening of the vision of further correction despite some of the positive that we saw during the morning session and to strengthen those expectations, The breach of 1390 $ and stability below it with the reference to the need not to achieve the stability of the quadrant above the levels of resistance at 1415 $, so we will stay with the downward correction according to what is required and preferred

Direction: Decline – Condition break the 1390 level and stability below it

Support: 1390- 1385 – 1380
Resistance: 1415 – 1420 – 1425

Silver: The price is now at 15.05

Silver trades failed to maintain positive resistance above the psychological levels at 15.00 during last week’s trading. We saw a sharp wave of negative pressure during the closing session on Friday, which dropped the price of silver ounce from 15.24 levels to 14.88 and closed after This is the weekly candlestick below 15.00, and technically both the moving figures and the technical indicators to cancel the bullish wave pattern and the start of a bearish corrective form appear to return to the 15.00 levels, with the importance of breaking the support floor at 14.95, Rio is the downside correction based on the previous data and according to what was required.

Direction: Decline – The breach breaks the 14.95 levels and stability below it

Support: 14.95 – 14.90 -14.85
Resistance: 15.20 – 15.25 – 15.30

Oil: The price is now at 57.40

Oil prices have been repeatedly hit with the beginning of last week’s sessions of a wave of negative pressures that prevented the resistance above the $ 60 level, which has dropped at $ 56 per barrel to settle around the recent levels. Some of the corrective rebounds are around $ 57 The weekly candlestick closed, and technically both the moving averages and the technical indicators indicate that the downside wave will continue to consolidate unless full stability is achieved above $ 58 with the need to break the $ 56 level to complete the bearish wave pattern for today.

Direction: Down – Condition break the levels of $ 56 and stability below

Support: 56.00 – 55.00 – 54.00
Resistance: 58.00 – 59.00 – 60.00

The Dow Jones: The price is now at 26790

Despite the sharp waves that hit the Dow Jones Index during last week’s sessions, the index maintained its positive stability above the 26500 levels in general, and even managed to stimulate the momentum of the positive momentum to reach the thresholds of 27000 levels during that period, and technically based on the previous data continue to weigh In order to support the buy back to reach the 2700 levels unless the break of support areas at 26500 will be canceled as this will negate the above and reinforce the negative pressures ability to see further declines during the coming sessions. Therefore, after reference to the rates of movement and technical indicators Q We stay with the support of the boarding scenario according to what is required

Direction: Ascending – The condition does not break the 26500 levels and stability below it

Support: 26500-26300-26000
Resistance: 27000 – 27300 – 27500

EUR: The price is now at 1.1220

The EURUSD traded sharply during the closing session of last Friday’s trading session with a wave of negative pressures. This was an extension of the continuous decline from the 1.1400 levels we saw at the beginning of these sessions and we mentioned the previous report that breaking the support floor at 1.1270 is the beginning of the signal Forming a bearish wave. This has already been done, and the exchange rate has reached the thresholds of 1.1200, and technically both the moving averages and the technical indicators indicate that the negative pressure pressures continue to affect the break below 1.2000 levels in order to complete the negative outlook. Expected for today

Direction: Down – Condition break the 1.1200 levels and stability below it

Support: 1.1200 – 1.1170 – 1.1150
Resistance: 1.1300 – 1.1330 – 1.1350

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JPY: The price is now at 108.30

The bearish trend was achieved – the USD / JPY pair was exposed during Friday’s session to a wave of negative pressures which brought the exchange rate to the levels of 106.80, which is the strongest decline since the beginning of the annual trading of the pair, and thus we will continue to strengthen the factors negative outlook conditional With a fresh break below 107.50 levels in line with moving rates and technical indicators to reinforce the expected negative outlook for today

Direction: Decline – The breach breaks the 107.50 levels and stability below it

Support: 107.50 – 107.30 – 107.00
Resistance: 109.00 – 109.30 – 109.50

Lira: The price is now at 5.75

After the series of gains achieved by the Turkish lira during last week trading up to levels of 5.58, has lost the pair’s trading gains after opening the morning session to see the exchange rate in a jump upward to the levels of 5.78 in reference to weaken the strength of the impact of the Turkish lira against the dollar, Both the moving figures and the technical indicators to start a bullish wave are conditional on achieving full stability above the levels of 5.80, while noting the importance of not breaking the 5.65 levels which we mentioned in the previous report as positive areas of stimulation, so we will remain today with the bullish scenario according to what is bought Fold it

The general trend of the pair: Upside – the condition breached the levels of 5.80 and stability above it

Support: 5,55- 5.50 – 5.45
Resistance: 5.65 – 5.70 – 5.75

CAD: The price is now at 1.3060

The bearish trend was achieved – the USD / CAD pair recorded its new annual low during last Friday’s trading at 1.3059, after the series of declines that dominated the pair during the past period, and technically indicate both the moving rates and technical indicators to enhance the vision of the scenario Losses on the pair’s trading conditional on the exposure again to break the areas of 1.3000 and stability below in order to complete the negative outlook expected for today

Direction: Down – Condition break 1.3000 levels and stability below

Support: 1.3000 – 1.2970 – 1.2950
Resistance: 1.3100 – 1.3130 – 1.3150

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