Technical Analysis

Quiet trading dominated the movements of the euro against the US dollar, but trading tended to be positive within the awaited bullish context touching the first target required to be achieved in the previous analysis, located at 1.2230, to record its highest level at 1.2231. Technically speaking, and with a …

Positive trading returned to dominate the movements of the German DAX index, approaching a few points difference from the anticipated target during the previous analysis at a price of 15,480, to record its highest level at 15,460. Technically speaking today, we are biased towards the positivity, depending on the stability …

The Dow Jones Industrial Average showed a bullish tendency, as we expected, touching the first official target required to be achieved during the previous analysis, which is located around 34,325, to record its highest level at 34,365. On the technical side today, and with a closer look at the 60-minute …

Negative trading is controlling the pound’s movements against the Japanese Yen for the second session in a row after the pair failed to stabilize for a long time above the psychological barrier of 154.00. On the technical side, today, we tend to be negative, relying on trading to remain intact …

Narrow-range sideways trades tend to be negative, dominating the movements of the US dollar against its Canadian counterpart, crammed from the bottom above 1.2030 and from above below 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving …

Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to achieve the official bullish target published during the previous report, located at the price of 1890, to record its highest level at 1890. On the technical side today, and by looking at the 4-hour chart, we find the price is stable above the support level of …

The EUR/USD hit the strong resistance level published in the last analysis, located at 1.2245, represents one of the most important directional keys, forcing the pair to retreat to re-test the strong support floor of 1.2170. Technically, and with a closer look at the 60-minute chart, we find that the …

The current movements of the German DAX index are witnessing an upward tendency, benefiting from building on the support floor of 15,300. On the technical side, today there is a possibility of a bullish slope within the next few hours, depending on the positive signals coming from the RSI and …