Technical Analysis

Sideways trading did not witness a noticeable change for the Canadian dollar within limited attempts to obtain a bullish corrective slope, touching our target of the first correction published in the previous report, 1.2130, to record its highest level at 1.2142. Technically, the negative trades regained control of the pair …

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated gold prices during the end of last week’s trading, and sideways trading is still limited from below at the support level of 1880 and from upside below the resistance level of 1905. Technically, today, and by looking at the 4-hour chart, we find that the RSI is …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating the short positions depends on the confirmation of breaking the 1.2170 support level, which puts the price under negative pressure targeting 1.2120, to move the pair in a bearish context approaching the …

Positive attempts dominated the movements of the German DAX index within a bullish context, recording its highest level during early trading for the current session 15,485. On the technical side today, we are inclined in our trading to the positive, but cautiously, relying on the stability of trading above the …

The Dow Jones Industrial Average managed to achieve noticeable gains within the positive outlook, as we expected, surpassing the official target required to be achieved during the previous analysis at 34,500, to record its highest level during the last session’s trading at 34,616. On the technical side today, with the …

The British Pound jumped against the Japanese Yen, canceling the negative outlook expected during the previous analysis, touching the stop-loss order published during the previous analysis, at a price of 154.70. On the technical side, today we tend to be positive, but with caution, relying on the pair’s breach of …

The technical outlook is unchanged, and the movements of the US dollar against the Canadian dollar have not changed significantly within sideways trading from the bottom above 1.2030 and from the top below 1.2130. Technically, we find the pair succeeded in building a base on the solid support floor 1.2030, …

Oil, Crude, trading