Positive trading dominated the German DAX index, surpassing the required target at 13380, posting a high at 13427. On the technical side, the price has stabilized above 13,265, accompanied by positive signs of the RSI. It encourages us to maintain our positive outlook, provided that the breach of 13,430 is …

slight Positive Trades dominated the Dow Jones Industrial Average after it managed to build on the support level of 30,000, approaching the required target of 30,260, recording the highest of 30,240. On the technical side, the RSI indicator is still defending the upside, and this comes in conjunction with the …

The resistance levels published in the previous analysis, represented by 139.60, were able to limit the bullish bias that the pound witnessed against the Japanese yen. On the technical side, we tend to be positive, relying on the positive motive coming from the 50-day moving average, coinciding with the RSI’s …

The Canadian dollar opened its daily trading within the expected downside direction, trying to break the solid support floor located at 1.2700, unable to break it yet. Technically speaking, and despite the current negative trades, we will expand the risk appetite, and prefer long positions from the current price, depending …

Oil, Crude, trading

Oil, Crude, trading

We committed to the intraday neutrality during the previous analysis due to the contradictory technical signals, to find that gold prices witnessed positive moves, negating the bearish tendency to reach its highest level during the Asian session at 1858. On the technical side, and with a closer look at the …

The Euro opened its daily trading with a bullish bias, benefiting from consolidation above the psychological barrier support of 1.2100. Technically speaking, with a closer look at the 240-minute chart, we find the RSI indicator started to get bullish momentum, supporting further rise in the pair, and we also find …

Industrial Production in the United States expanded by 0.4% on a monthly basis in November, the US Federal Reserve reported on Tuesday. This print followed October’s increase of 0.9% and came in slightly better than the market expectation of 0.3%.

The euro held on to its gains on Tuesday, December 15th, as it hovered close to its highest level in two and a half years as investors ignored new general isolation measures to combat Covid-19 virus and focused on the possibility of applying more US stimulus, which would negatively affect …