country flagالعربية
0

Barclays Daily Technical Analysis | 22 January 2018

2018-01-22 07:26 am | Resource: Technical Analysis Section | No Views : 296

Last week's trading, Barclays broke the secondary downtrend line on the hourly interval as buyers bought and paid for the stock. 
Now our neutral view of the English stock is due to the lack of confirmation of the breach of the bearish trend line, trading, and the moving average is positively cross with the slow moving average but without confirmation so far.

Barclays Daily Technical Analysis | 22 January 2018

It should be noted that, during the last week, the stock broke the neckline of the model of a cup and a classic tab.
The rate of change 12 is still trading in a bullish uptrend while the secondary direction is still bearish.
It is expected that if the World Bank shares break out at 201.27, it might target the 204.08 level on the other side if the break of 197.58 might target the 193.35 level.
Support: 195.61 - 190.01 - 181.19
Resistance: 205.02 - 211.49 - 218.77
Trend: neutral


Other news

Wall Street shares markets open lower after Saudi Aramco attack

Shares on Wall Street began the first trading session of the week low after an attack on two facilities of Saudi Aramco, cutting the oil giant's production in half. The United States accuses Iran of being behind the attack, while Tehran has denied the allegations. It is reported that the incident will delay the initial public offering of Aramco. At the same time, more than 49,000 GM workers began a…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.