Daily Technical Analysis

Oil, Crude, trading

Trading tilted to the negativity dominated the movements of gold during the previous session after it collided with the resistance level 1740, which forced it to trade negatively again. On the technical side today, and with a closer look at the 4-hour chart, we find the 50-day moving average is …

The single European currency showed a bullish tendency during the previous trading session within the expected bullish context, touching the second official target to be achieved during the previous analysis at 1.1975, recording a high of 1.1990. Technically speaking, and with a closer look at the chart, with a 60-minute …

The German DAX index continues to achieve gains touching the official target to be achieved at 14510, posting its highest level at 14560. On the technical side, the upward trend is still intact and effective, depending on the stability of intraday trading above the support level of 14,440, in addition …

The Dow Jones Industrial Average jumped in Wall Street within the expected bullish path during the previous analysis, touching the official target station 32,430, to record its highest level during early trading for the current session 32,430. On the technical side, today, with stochastic around overbought areas, in addition to …

The British pound started its daily trading significantly higher against the Japanese yen, benefiting from building a base on the support level of 150.40, and it is now trading around its highest level during early trading of the current session, 151.50. On the technical side, and with the pair getting …

Sideways trading that tends to be negative, continues to dominate the Canadian dollar’s ​​moves, trapped from the bottom above the support level of 1.2600 and from the top below the resistance level of 1.2700 for several consecutive sessions. Technically speaking, we tend to be negative, relying on the stability of …

Oil, Crude, trading

Oil, Crude, trading

Positive trades have regained control of gold’s movements, as we expected, touching the second target of the previous report, located at 1727, and approaching a few points difference from the last target of 1737, to record its highest level during early trading for the current session 1734. Technically speaking, we …