Daily Technical Analysis

The pound against the Japanese yen succeeded in achieving the negative outlook, as we expected, touching the first target published during the previous analysis, at a price of 149.65, recording a low of 149.65. On the technical side today, the price built an intraday above 149.65, accompanied by attempts by …

The negative moves have returned to control the Canadian dollar’s ​​movements, as we expected, explaining that a break of 1.2500 leads the pair to a downside path. Its initial target is around 1.2455, to settle for recording its lowest price during the previous trading session at 1.2476. Technically speaking, the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices rose significantly, nullifying the negative outlook, as we expected during the previous analysis, touching the stop-loss order published during the previous analysis at the price of 1750. Offsetting the losses of the sell position. On the technical side, today the intraday moves in gold are witnessing stability above …

The attempts to gradually ascend the euro against the US dollar continue within the expected bullish path, benefiting from building on the support level of 1.1900, gradually approaching the first target required to be achieved during the previous analysis at 1.2010, recording a high of 1.1995. Technically speaking, we find …

The German DAX index found a strong resistance level around the official target published during the last analysis at 15,310, which forced it to retest the pivotal support level of 15,200. On the technical side, and despite the bearish bias, we find the index is still stable above 15,200 and …

The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, at 33,710, recording a high of 33,797. On the technical side today, we believe that there is a possibility of a negative bias during the coming hours, depending on the negative signs that …

The British Pound continues trading negatively against the Japanese Yen within a gradual decline towards the awaited target of 149.45, to settle for the lowest level at 149.58. On the technical side, we will maintain our negative outlook, relying on stability below 150.50/150.60, accompanied by clear negative signs on Stochastic. …

Negative trading dominated the Canadian dollar against its US counterpart, as part of the technique of retesting the support, as we expected, touching the required target of 1.2500. Technically speaking, trading remains below the previously breached support level of 1.2560, supporting the negativity. This comes in conjunction with the negative …