We adhered to intraday neutrality during the previous analysis, explaining that we are waiting to activate the sell orders, which depend on witnessing a breach of the 1.1820 level, in order to target the 1.1770 areas, so that the euro succeeds in touching the first target, recording the lowest price …
Read More »German DAX Makes Notable Gains
The German DAX index jumped as we expected, exceeding the first official target required to be touched during the previous analysis, which is located at 15,750, recording its highest level of 15,790. Technically, we tend to continue rising, relying on the positive impulse of the simple moving averages, in addition …
Read More »Dow Jones Maintains Its Gains And Positivity Remains
Oil, Crude, trading
Read More »The British Pound is Making Decent Gains Against The Yen
The Pound Sterling maintains the bullish bias against the Japanese Yen, gradually approaching the required target of 153.70, recording a high of 153.48. On the technical side, and by looking at the 60-minute chart, we find the 50-day moving average that supports the bullish curve, and this comes in conjunction …
Read More »CAD Retest Support And Positivity Remains
During the last trading session, the Canadian dollar rose, touching the official target station in the previous analysis, located at 1.2520, to record its highest level at 1.2515. Technically, the current moves are witnessing a bearish slope due to the collision with the resistance level of the psychological barrier 1.2500. …
Read More »The British Pound Continues to Recover Against The Dollar
Oil, Crude, trading
Read More »Crude Oil Looking For Bullish Momentum
Oil, Crude, trading
Read More »Gold Settled Above Support
Gold traded in a tight range above the 1797 support and below the 1816 resistance over the past sessions. On the daily technical side, gold prices are witnessing stability above 1797, 50.0% Fibonacci correction, which represents the key to protecting the bullish bias and the positive motive for the 50-day …
Read More »The Euro is Unchanged, Waiting For Pending Orders
The technical outlook is unchanged, and the EUR has not changed much within a sideways bullish trend. However, technically, and with careful consideration of the 4-hour chart, we find a conflict between the positive motive coming from the 50-day moving average, which is trying to push the price to the …
Read More »German Dax: Positivity Looking For Confirmation
The German DAX index found a solid support floor around the support level published during the previous analysis, located at 15,440, which we mentioned as being the key to protecting the bullish trend. On the technical side, we are inclined to the positivity based on the positive signals coming from …
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