Daily Technical Analysis

GBP succeeded in achieving the positive outlook against JPY, as we expected, touching the first target required to be achieved at 154.35, to hit a high of 154.45. Technically, the bullish bias is still valid depending on the positive motive coming from the 50-day moving average, in addition to the …

The technical outlook remains unchanged for the third session in a row, as the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative. Technically, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving averages, which coincides with the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices continue to achieve gains to achieve all our bullish targets during the current trading week, surpassing the last official target required to be touched during the previous session at 1902, to record its highest level of 1907 during early trading for the current session. Today’s technical vision indicates …

The single European currency continues to advance against the US dollar within the expected bullish context during the previous analysis, approaching by a few points the second official target published during the last report at a price of 1.2275, recording its highest level at 1.2270. On the technical side today, …

Oil, Crude, trading

The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, located at 34,345, recording a high of 34,426. On the technical side today, the bullish bias is still likely today, dependent on the RSI’s continued defense of the upside, in addition to stochastic …

The current moves of the British pound against the Japanese yen are witnessing a slight bullish tendency, benefiting from building on the support level of 153.60. On the technical side today, we tend to be positive, but cautiously depending on the positive motive of the 50-day moving average, in addition …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative, controlling the movements of the US dollar against its Canadian counterpart, capped between 1.2030 and 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity …