Positive Moves is still dominating the movements of the German DAX index. On the technical side, we tend to be positive, depending on trading remaining above the strong support at 13,220, in addition to the positive motive coming from the 50-day moving average. The first target is located around 13,320/13,340, …
Read More »Dow Jones Touches Goal And Remains on The Positive Side
The Dow Jones Industrial Average jumped on Wall Street touching our official target to be achieved in the last analysis, which is located at a price of 30,260, reaching its highest level at 30,271. On the technical side, and by looking at the 60-minute chart, we find the RSI continues …
Read More »GBP/JPY: Below Resistance
The British pound is showing positive moves against the Japanese yen, benefiting from stability above 138.50 support. On the technical side, and with a closer look at the 4-hour chart, we find that the stochastic indicator began to gradually lose the bullish momentum, and the simple moving averages are still …
Read More »Canadian Dollar May Witness Positive Moves
The Canadian dollar started its daily trading at a high, but still a limited rise, after attempts to build on the support floor of 1.2765 represented by the first target of the previous report. technically speaking and with a closer look at the 60-minute chart, we find the 50-day moving …
Read More »Cable Starts With a Limited Positivity
The British pound opened its early trades for the current session with a slight upward slope after several consecutive sessions of retreat against the US dollar within limited attempts to rise, benefiting from the psychological barrier support level of 1.3300. On the technical side, the price has stabilized below the …
Read More »Oil Maintains Negative Stability
Oil, Crude, trading
Read More »Gold Faces Resistance
We were standing on the fence during the previous trading session due to the importance of the current trading levels for the general trend in the short term. Technically speaking, gold prices collided with the pivotal resistance published during the previous analysis, 1870, which we indicated as the key to …
Read More »Euro on Hold Waiting For One of Two Scenarios
The euro opened its daily trading with a slight bearish bias, benefiting from consolidating in the support floor of 1.2075 / 1.1070, to witness the stability of the current move above 1.2100. On the technical side, and with a closer look at the 4-hour chart, we find negative signs still …
Read More »Consumer Spending And Exports Drive Growth in Eurozone to a Record High
The European Union’s statistics office said that the euro zone economy recorded the highest quarterly growth rate in the summer, recovering from a record contraction due to the Covid-19 pandemic, amid a significant increase in consumer spending and exports. Eurostat said gross domestic product (GDP) in the 19-nation bloc increased …
Read More »British Pound Falling on Brexit Headlines
The British pound recorded the biggest move in quiet trading in the currencies of the Group of Ten major countries today, Tuesday, and declined in general with the growing state of caution among investors awaiting the outcome of trade talks with Britain, which approached their last moments without reaching an …
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