Daily Technical Analysis

Positive trading dominated the euro’s movements against the US dollar within the expected bullish context during the previous analysis, touching the official target to be achieved at 1.1880, recording the highest level at 1.1884. Technically, the stability of trading above the intraday level above 1.1840/1.1820 supports the continuation of the …

The current moves of the German DAX index are witnessing a bearish tendency after it hit the resistance level of 15,980 within a bearish slope that is close to retesting the support level of 15,750. On the technical side, there is a conflict between the technical signals, the stability of …

Oil, Crude, trading

GBP/JPY succeeded in touching the first target published in the previous analysis, at  151.70, recording a high of 151.95. Technically, the 50-day moving average still supports the daily bullish trend, in addition to the pair’s base on the support floor of 151.10/151.00. Therefore, we will maintain our positive outlook, targeting …

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining positive stability. Technically, and by looking at the chart, we find Stochastic is trying to get rid of the current negativity, in addition to stabilizing trading above 1.2580. This increases the possibility that we will witness …

Oil, Crude, trading

Oil, Crude, trading

Gold prices are witnessing sideways trading in a narrow range that tends to be positive, gradually approaching the pivotal resistance level of 1823, which was previously referred to as the key to continuing the bullish trend, recording a high of 1820. Technically, by looking at the 4-hour chart, we find …

The single European currency continued to achieve gains for the third consecutive session without achieving the scenario of retesting the support published in the previous analysis to approach the required official target of 1.1880, recording its highest level at 1.1857. Technically, we believe that the continuation of the rise is …

The German DAX index managed to achieve decent gains during the previous trading session, attacking the psychological barrier of 16,000. On the technical side, today’s movements are witnessing an upward bias on positive stimulus from the 50-day moving average, in addition to the stability of trading above 15,750. Therefore, we …