Technical Analysis

Gold prices successfully retest the support level published in the previous report at 1797 to return to the bullish bounce, approaching a few points from the price station required in the last analysis at 1813, to record the highest of 1811. Technically and carefully looking at the 4-hour chart, we …

The single European currency continued its positive move to the upside within the bullish path published in the previous report, after it succeeded in retesting the 1.1270 support line, recording its highest level during the last session’s trading of 1.1330. On the technical side, reading the chart on the 4-hour …

The German DAX index witnessed a positive session, recording its highest level during the early trading of the current session around 15,680. On the technical side, the index found an excellent support floor around 15,550, and the RSI continues to defend the positive moves and gets more bullish momentum, stable …

Oil, Crude, trading

Positive moves returned to dominate the movements of the GBP/JPY building on a support level of 154.50, which helped the pair rebound upwards, and it is now hovering around its highest level during the early trading of the current session 155.20. On the technical side today, and with careful consideration …

The technical outlook is unchanged, and the movements of the Canadian dollar did not change for the second consecutive session, trying to maintain its trades above the support level of 1.2660. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get …

Oil, Crude, trading

Oil, Crude, trading

Gold prices found a strong resistance level around 1807, which limited the upside. As indicated during the last analysis, breaching the mentioned level is fundamental to resume the rise. Finding the resistance forced the price to trade negatively again and pushed it to retest the strong support floor 1797. Technically, …

The positive attempts of the euro against the dollar continue within the bullish path published in the previous analysis, to consolidate above the 1.1230 support level, the pair is now hovering around its highest level during the morning session of the current session around 1.1275. Technically, and carefully considering the …