Technical Analysis

The euro failed to stabilize for a long time above the psychological barrier of 1.1300 to start its daily trading on a bearish slope and start pressing on the key demand area 1.1260. Technically, and by looking at the 4-hour chart, we notice that the RSI is losing its bullish …

Positive trading dominated the movements of the German DAX index on the Frankfurt Stock Exchange, trying to build on a 15,450 support level to record its highest level at 15,686. On the technical side, the indicator needs more additional momentum to continue rising, and we notice that the RSI is …

During the previous analysis, GBP/JPY achieved the expected positive outlook, touching the first official target at 150.40, recording the highest at 150.50. Technically, and by looking at the 60-minute chart, we find the 50-day moving average, which provides a positive motive, accompanied by the positivity of the stochastic indicator. From …

The technical outlook is unchanged; the Canadian dollar maintained positive stability after stabilizing above the 1.2660 support level. Technically, we tend to the positivity, relying on the pair’s building on the 1.2660 support level, which is accompanied by the positive motive for the 50-day moving average, which returned to hold …

Oil, Crude, trading

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated gold prices at the end of last week’s trading. Trading is still limited to a short, unclear stable trend from below, above the demand area 1770, and below the main supply area of 1799. Technically, despite the temporary bullish bounce, gold prices are still moving within an …

The single European currency found a solid support floor around the main key published in the previous analysis, at 1.1260, Technically, the pair’s movements are witnessing stability above 1.1260, and the simple moving averages returned to hold the price from below, accompanied by some positive signs from the stochastic indicator. …

For the second consecutive session, the German DAX index failed to stabilize above the pivotal resistance level at 15840 prices, forcing it to trade with intraday negativity. Technically, we notice some clear negative signs on stochastic, gradually missing the bullish momentum, which might push the index to trade negatively in …