Daily Technical Analysis

Mixed trading continues to dominate the movements of the German DAX index, confined between 15,790 and 15,910. On the technical side today, and with a careful look at the 60-minute chart, we find positive attempts by the RSI to gain bullish momentum. On the other hand, the 50-day moving average …

Oil, Crude, trading

The British pound continues to trade positively against the Japanese yen, benefiting from stability above the support level of 151.70/151.60. On the technical side, today we tend to the positivity, but cautiously, relying on the clear positive signs on the RSI, which coincides with the clear positivity features on the …

Positive moves regained control of the Canadian dollar after building a solid support floor located at 1.2550 to succeed in retesting the resistance level of 1.2660. Technically, the pair continues to obtain positive stimulus from the simple moving averages that support the bullish price curve, in addition to the RSI …

Oil, Crude, trading

Oil, Crude, trading

Gold prices declined noticeably during the last session after hitting the top level that was recently recorded around 1830 to retest the support floor 1799, which represents the key to protecting the bullish trend. On the technical side, today, and by looking at the 240-minute chart, we find that the …

Negative trading dominated the euro’s movements against the US dollar during the previous trading session. It failed to breach the pivotal resistance level at 1.1880, which forced it to trade negatively to retest the 1.1845 support level. On the technical side today, we find the euro starting to press on …

Due to the conflicting technical signals, we remained neutral during the previous session to witness the current movements of the German DAX index with an upward bias. On the technical side, trading today settled above the support level 15,760/15,750, accompanied by the index getting an incentive from the 50-day moving …

Oil, Crude, trading