Technical Analysis

Oil, Crude, trading

Gold prices did not provide little change in mixed trading, the movements are still stuck within a sideways range, as we indicated during the previous analysis, confined from the bottom above the 1925 support level and from above below the 1940 resistance level, which succeeded in limiting gold’s rises during …

The single European currency continues to move negatively against the US dollar, within the expected bearish context during the technical report issued yesterday, touching the target station of 1.0870, recording the lowest price at 1.0870. Technically, by looking at the 240-minute chart, we notice the regularity of movement within the …

During the previous analysis, the German DAX index declined to reflect the expected bullish trend, only to record its highest level during the last session’s trading at 14,620. Technically, today, the current movements of the index are witnessing the price’s pivot below the 14,500 area, most importantly below 14,550, and …

Oil, Crude, trading

The Canadian dollar declined noticeably during the last trading session within the expected bearish context, explaining that the breach below the 1.2470 support floor increases the negative pressure on the pair to touch 1.2370, recording a low at 1.2400. Technically and by looking at the 4-hour chart, we notice the …

Oil, Crude, trading

Gold prices managed to achieve the first goal published during the last analysis in 1918, after it succeeded in touching the support floor of 1925, as we explained previously, recording its lowest price in 1917. Gold’s movements are still stuck within a sideways range, as we mentioned during the previous …

As we expected, the single European currency found intense selling pressure against the US dollar, touching the official target at 1.0920, recording its lowest level around the psychological barrier of 1.0900. Technically, today, the negative pressure is still intact—the pair’s failure to maintain trading above the previously broken support-into-resistance around …

Positive trades dominated the movements of the German DAX index on the Frankfurt Stock Exchange, building on the 14,450 support level, recording the highest, around 14,590. Technically, by looking at the 60-minute chart, with the stability of trading above the mentioned support, accompanied by the indicator obtaining positive signals from …