Technical Analysis

Oil, Crude, trading

Gold prices opened the morning session with a noticeable bearishness, after hitting the resistance level 1903/1905 within a bearish slope approaching retesting the main support 1880. On the technical side today, and by looking at the 240-minute chart, we find the 50-day moving average that continues to pressure the price …

Sideways trading dominates the movements of the single European currency for several sessions in a row, to find it difficult to settle above the pivotal resistance level published during the last analysis at 1.2210. Technically, and with careful consideration of the chart, the current movements are witnessing a bearish tendency, …

Negative trades dominated the movements of the pound sterling against the Japanese yen, touching the first target published during the previous analysis at 154.50, recording its lowest level at 154.55. On the technical side today, and with careful consideration on the short time frames, we find the RSI trying to …

The technical outlook is unchanged, and the pair’s movements have not changed significantly, maintaining the same technical conditions. From the technical analysis point of view today, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the RSI to gain bullish momentum, …

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that gold is trying to form a support floor around 1880, Noted that the mentioned level represents the key to protecting the bullish trend, to return to the bullish rebound again, targeting the retest …

Mixed trading dominated the movements of the euro against the US dollar during the previous trading session, to witness the current movements of the pair attempts to stabilize above the resistance level of 1.2170. On the technical side today, and by looking at the 240-minute chart, we find the 50-day …

The German DAX index managed to achieve the first required target during the previous analysis, which is located at the price of 15,700, recording its highest level at 15,702. On the technical side, today, we are inclined to the positivity, with the index continuing to obtain a positive stimulus from …