Technical Analysis

Positive trades dominated the movements of the Dow Jones Industrial Average, and the index still maintained positive stability, recording its highest level during the previous session, 34,960. On the technical side, the bullish bias is still likely, depending on the indicator’s continued obtaining positive signals from the RSI and its …

Tight sideways trading is limited between the support level of 155.00 and the resistance level of 156.00. On the technical side today, the pair continues to obtain positive signals from the 50-day moving average, which meets around the 155.00 level. This increases the possibility that we will witness a bullish …

Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated gold prices during the previous session’s trading, and trading is still limited from the bottom above 1894 and from the top below 1910. On the technical side today, the price stability above 1894 supports the continuation of the rise, in addition to the positive signals coming from …

EUR/USD witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published in the previous analysis 1.2245, which we explained as one of the conditions for the continuation of the rise. Technically, by …

The German DAX index touched the official target published in the previous report, at 15,600 to reach its highest level 15,680. Technically, by looking at a 60-minute chart, we find the 50-day moving average that supports the bullish price curve, accompanied by the stability of the intraday trading above 15,460, …

The Dow Jones Industrial Average jumped on Wall Street within the expected positive outlook, touching the official target to be achieved at 34,650, to record its highest level around 34,824. On the technical side today, the RSI is still providing positive signs, stable above the mid-line 50, supporting Stochastic’s positioning …

The current movements of the British pound against the Japanese yen are witnessing a bearish tendency after it found a strong resistance level near the psychological barrier of 156.00. On the technical side, today we tend to be negative, relying on the stability of trading below the mentioned resistance, in …