Daily Technical Analysis

The German DAX index incurred strong losses during the last session’s trading, after it succeeded in breaking the support of 14,350, we made it clear that will extend losses and open the door to 14,285 and 14,185, respectively, to record its lowest price of 14,041. Technically, we notice positive crossover …

Oil, Crude, trading

The Canadian dollar managed to rebound upwards during the previous session, touching the official target at 1.2560, to record the highest level at 1.2560. Technically, and carefully looking at the 4-hour chart, we notice that the pair is stable above 1.2500, accompanied by the positive motive for the 50-day moving …

Oil, Crude, trading

Gold prices did not provide little change in mixed trading, the movements are still stuck within a sideways range, as we indicated during the previous analysis, confined from the bottom above the 1925 support level and from above below the 1940 resistance level, which succeeded in limiting gold’s rises during …

The single European currency continues to move negatively against the US dollar, within the expected bearish context during the technical report issued yesterday, touching the target station of 1.0870, recording the lowest price at 1.0870. Technically, by looking at the 240-minute chart, we notice the regularity of movement within the …

During the previous analysis, the German DAX index declined to reflect the expected bullish trend, only to record its highest level during the last session’s trading at 14,620. Technically, today, the current movements of the index are witnessing the price’s pivot below the 14,500 area, most importantly below 14,550, and …

Oil, Crude, trading

The Canadian dollar declined noticeably during the last trading session within the expected bearish context, explaining that the breach below the 1.2470 support floor increases the negative pressure on the pair to touch 1.2370, recording a low at 1.2400. Technically and by looking at the 4-hour chart, we notice the …

Oil, Crude, trading