Technical Analysis

For the second session in a row, the euro hits the strong resistance level mentioned in the previous analysis, at 1.1850, unable to breach it so far, which forced it to trade negatively, to start negative pressure on the 1.1800 support level. With a closer look at the 4-hour chart, …

The German DAX index relied on the solid support level located at 15,600, forcing it to rebound to the upside again to retest the 15,780 level. On the technical side, the current movements of the indicator are witnessing a bullish slope accompanied by the attempts of the 50-day moving average …

Oil, Crude, trading

Positive moves regained control over the movements GBP/JPY after building on the support floor of 152.00. On the technical side today, with the stability of trading above the support mentioned above, in addition to the positive motive coming from the 5-day moving average. This increases the change of the upside,, …

Trading tended to the negative, which dominated the movements of the Canadian dollar during the previous trading session after it found a strong resistance level around 1.2700. Technically and carefully looking at the 240-minute chart, we find signs of negativity starting to appear on the stochastic indicator, in addition to …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged; the gold’s movements did not change much, maintaining the negative stability below the pivotal resistance level at 1797. Technically, we find gold started to pressure on the 1785 support level, as we find the simple moving averages continue to pressure the price from the top …

The euro managed to achieve the negative outlook as expected, touching the first official target that must be gained during the previous analysis at 1.1765, recording the lowest price at 1.1770. On the technical side, the current moves are witnessing a slight bullish slope due to taking advantage of the …

The German DAX index continues to trade negatively after hitting the resistance level 15,700, unable to breach it so far, to retest the 15,550 level. On the daily technical side, we tend to the negative with caution, relying on trading below the previously broken support-into-resistance 15,650, in addition to the …