Daily Technical Analysis

Bitcoin continued to achieve new record highs, to surpass the 40,00 marks recording its highest level at 40,383. Technically, we tend to be positive, but with caution. Intraday trading is witnessing a slight bearish tendency after it failed to stabilize for a long time above the 40,000 barrier. There are …

The German DAX index was able to touch the first target to be achieved, which is located at 13,970 and is close by a few points from the second goal 14,110, recording its highest level of 13,994. On the technical side, the current movements of German DAX are witnessing a …

The Dow Jones Industrial Average continues to achieve records as we expected, heading to touch the first official target required to be touched during the previous trading session at 31,130, recording its highest level of 13,147 during early trading for the current session. On the technical side, and with the …

Positive trading dominated the movements of the pound against the Japanese yen, touching the second official target to be achieved at 141.00. Technically, we tend to be positive in our trades, but cautiously, relying on trading stability above the support level of 140.30 and the most important 140.00, in addition …

The technical outlook is unchanged, and the Canadian dollar’s ​​moves have not changed little, as part of the continued attempts to rise and stabilize above 1.2620. Technically, and despite the dominance of the general bearish trend over the pair’s movements, we believe that there is a possibility of an upward …

Oil, Crude, trading

Oil, Crude, trading

Negative trading is dominating the yellow metal’s movements after finding a strong resistance around 1927 which mentioned in the previous analysis, located at 23.60% Fibonacci retracement. Technically speaking, we see the intraday movements settled around the lowest level during the morning at 1906, and by looking at the chart, we …

The single European currency retreated during the previous session’s, nullifying the positive outlook, as we expected, in which we relied on trading stability above 1.2280, as a reminder that we mentioned in the previous report that any attempts to break the aforementioned support level will immediately stop the bullish tendency …

Bitcoin succeeded in achieving the positive outlook, as we expected, touching the second target to be achieved yesterday, located at 37,240, recording its highest level at 37,692. Technically, the general bullish trend is still intact, but we believe that there is a possibility of a bearish slope occurring in the …