The German DAX index was able to touch our desired target at 14,130. to post high at 14,122. On the technical side, with the index’s managed in to build on support floor of 13,990/13,970 accompanied by the index obtaining upward momentum from the RSI. It encourages us to maintain our …

Negative trading dominated the Dow Jones Industrial Average on Wall Street, nullifying the positive outlook expected in the previous analysis. Technically, and despite the negativity, we still tend to be positive in our trading, relying on trading stability above 30,665 accompanied by stochastic attempts to get rid of the current …

The current moves of the British pound against its Japanese counterpart are seeing a bearish bias on short time frames after failing to hold a long term above 141.00. The technical side today indicates the possibility of a bearish bias during the coming hours, as a result of the clear …

The Canadian dollar continues its attempts to rally within a bullish corrective context, after finding a strong support floor near 1.2660. Technically speaking, the current movements of the pair are witnessing positive attempts supported by the pair getting positive signals from the RSI to get bullish momentum in short time …

Oil, Crude, trading

Oil, Crude, trading

Gold prices incurred heavy losses at the end of last week’s trading within the aforementioned bearish context, in which we relied on confirming the breach of the psychological barrier support level of 1900, surpassing the required target of 1880, to record the lowest at 1817 during early trading for the …

Negative trading dominated the euro’s movements against the US dollar, as we expected touching the official station mentioned in the previous report on Friday at 1.2170, recording its lowest trading during the Asian session at 1.2166. Technically, looking at the 240-minute chart, we find the simple moving averages continue their …

The year 2020 is over, and many hopes that the pandemic will end as well, but the economic impact of the Corona pandemic continues with the lockdowns in most major economies, the path back to pre-pandemic levels is an unpaved road. The greenback is showing some stability with hopes for …

Employment in Canada declined by 62,600 in December, compared to expectations of 27,500, and the Unemployment Rate ticked up to 8.6% from 8.5% in November as expected, Statistics Canada reported on Friday.