The current movements of Bitcoin are witnessing a bearish bias after it found a strong resistance level near 57,770, stable near its lowest level at 57,460 In our trading, we tend to be negative, depending on the emergence of negative aspects on Stochastic, in addition to the RSI stability below …
Read More »Dax Continues to Gain Ground
The German DAX index succeeded in achieving strong gains, surveying its highest level of 14,905, benefiting from building on the support floor of 14,795. On the technical side, today we are biased towards the positivity dependent on the positive motive of the 50-day moving average, in addition to the stability …
Read More »Dow Jones: Positivity Remains
Positive trading returned to dominate the movements of the Dow Jones Industrial Average on Wall Street, recording its highest level at 33,131. Technically speaking today, we indicate the possibility of continuing the rise, and with a closer look at the chart at 60-minutes chart, we find the RSI continues to …
Read More »GBP/JPY: Starts on Positive Side
Positive trading regained control of the pound’s movements against the Japanese yen after it managed in building a base on the support floor at 150.80. On the technical side today, and with trading remaining above the aforementioned level, accompanied by the positive stimulus of the 50-day moving average, in addition …
Read More »Canadian Dollar Maintains Bullish Path
The technical outlook remains unchanged, and the Canadian dollar’s movements have not witnessed a significant change, maintaining the bullish correction bias. Technically speaking, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive motive for …
Read More »Pound Settled Below Resistance
Oil, Crude, trading
Read More »Oil: Trying to Recover
Oil, Crude, trading
Read More »Gold Touches Targets And Selling Pressure Remain
After several successive sessions of sideways moves, gold prices were able to break the pivotal support level published during the previous analysis, 1720, indicating that breaking the aforementioned level puts the price under strong negative pressure, and its initial target is around 1705, to record its lowest price at 1704. …
Read More »The Euro Continues to Put Pressure on The Support And Negativity Remains
The single European currency continues to pressure the pivotal support level aforementioned in the previous analysis at 1.1770, to stabilize the current trading of the pair around the lowest level during early trading for the current session at 1.1660. Technically speaking, and with a closer look at the chart, we …
Read More »The Head of The Suez Canal Authority Announces The Resumption of Navigation The Suez Canal
The head of the Suez Canal Authority, Lieutenant General Osama Rabie, announced the resumption of navigation in the Suez Canal after the Authority’s success in rescuing and floating the giant Panamanian container ship EVER GIVEN, which ran aground while crossing the Suez Canal.
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