The current moves in the German DAX are witnessing a bearish bias after finding a strong resistance level near the psychological barrier of 14,000. On the technical side today, we tend to be negative in our intraday trading, relying on intraday trading below the psychological barrier of 14,000, which is …

Negative trading dominated the Dow Jones Industrial Average on Wall Street after finding a strong resistance level around 31,040/31,070. Technically, there is a contradiction between stochastic concentrating around overbought areas, and negative signals coming from the RSI on short time frames. We are staying on the fence until the more …

The pound sterling started its daily trading against its Japanese counterpart positively, benefiting from the support level of 140.40, as the current moves witnessed stability around the highest level during the early in early session at 141.10. On the technical side, we are biased towards the positive side, relying on …

The Canadian dollar succeeded in completing the bullish correction mentioned in the previous technical analysis, touching the target of the aforementioned correction wave at 1.2830, to hit its highest level at 1.2835. Technically, by a closer look at the 60-minute chart, we find the moving average continues to hold the …

Oil, Crude, trading

Oil, Crude, trading

Gold’s movements witnessed a slight bullish tendency during the previous session’s, but there was limited positive trades targeted a re-test of 1865. On the technical side, we find Stochastic continues to losing bullish momentum gradually, and this comes in conjunction with the negative signs coming from the RSI. From here, …

The euro continues its gradual decline against the US dollar within the expected bearish context, touching the first target mentioned in the previous analysis at 1.2130, to hit its lowest level during the previous trading session at 1.2131. Technically, we find that the pair ended its daily transactions below the …

The dollar rose Monday, January 11th, with the rise in US Treasury yields and expectations of more fiscal stimulus, which pushed the US currency to rise against its competitors, while the euro fell to its lowest level in three weeks. US President-elect Joe Biden, who takes office on January 20 …

Twitter-listed shares in Germany tumbled 8% in the first session of the week after the company permanently suspended the account of US President Donald Trump on Friday evening. The company said that the suspension of Trump’s account, which has more than 88 million followers, came due to the risk of …