Technical Analysis

Positive trading continues to dominate the German DAX index, recording its highest level at 15,694. On the technical side, we tend to the positivity in our trading, relying on the stability of trading above the 15,445 support floor, accompanied by the positive motive coming from the 50-day moving average, coinciding …

Oil, Crude, trading

The Pound against the Japanese Yen found a good support level around 153.00, to witness the stability of the current movement above the mentioned level. On the technical side today, and by looking at the short intervals, we find stochastic trying to provide positive crossover signals accompanied by the stability …

The technical outlook is the same, and the pair’s movements did not change significantly, maintaining the bullish corrective slope as we expected, so that the Canadian could breach the resistance level published during the previous analysis, located at 1.2330. From the angle of technical analysis today, and with careful consideration …

Oil, Crude, trading

Oil, Crude, trading

Gold prices found a good support level around 1753, which forced the price to rebound to the upside, to find gold prices hovering around its highest level during the Asian session 1776. Technically, and carefully looking at the 4-hour chart, we found a conflict between the negativity of the stochastic …

EUR/USD trading within the expected bearish path during the previous analysis, touching the first awaited target at 1.1840, recording its lowest level during the morning session at 1.1844. On the technical side, the pair succeeded in breaking the 1.1880 level represented by the 61.80% Fibonacci correction, which is now turned …

The British pound presented negative trades against the Japanese yen during the previous trading session, to touch the awaited target of 153.60. On the technical side, we tend to the negativity, relying on the clear negativity features on stochastic, missing the bullish momentum, in addition to the stability of trading …

The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …