Technical Analysis

Positive trading re-dominated the movements of the German DAX index, recording its highest level during the early trading of the current session at 15,637. On the technical side, by looking at the 60-minute chart, we find that the RSI continues to defend the bullish trend within attempts to obtain bullish …

Positive trading returned to dominate the movements of the Dow Jones Industrial Average on Wall Street, benefiting from building on 32,940 support level. On the technical side today, and with a closer look at the 60-minute chart, we find that the RSI continues to defend the positive moves. From here, …

The Pound against the Japanese Yen found a good support level near 151.50, which forced the pair to rebound upwards to retest the 153.65 resistance level. On the technical side, we tend to be positive, but with caution, relying on the stability of the intraday trading above 153.00, accompanied by …

The Canadian dollar traded with the first trading of this week within a slight bearish slope, after several consecutive sessions of corrective ascent. From the point of view of technical analysis today, and with careful consideration of the stochastic indicator, we find that the indicator is clearly trading around oversold …

Oil, Crude, trading

Oil, Crude, trading

Positive trades dominated the gold price movements during the previous trading session, within a limited upward bias to retest the 1790 resistance level. On the technical side today, looking at the 60-minute chart, we find that the RSI is trying to get positive signs to get bullish momentum. On the …

Positive attempts by the euro against the US dollar, but still limited positivity, within the euro’s attempts to restore the bullish path temporarily, benefiting from the consolidation at the 1.1880 support level. Technically, and by looking at the 60-minute chart, we find the 50-day moving average trying to push the …

The Dow Jones Industrial Average incurred noticeable losses, negates the bullish corrective path as we expected, touching the stop losses order published in the previous analysis at 33,650. On the technical side, we tend to negativity, based on the stability of the RSI below its mid-line 50, coinciding with the …

Negative trading dominated the pound sterling against the Japanese yen, as we expected touching the second target to be achieved during the last report, located at 151.90, recording the lowest price of 151.97. On the technical side, today we are inclined in our trading to the negative, relying on the …