Technical Analysis

Quiet trading dominated the movements of the euro against the US dollar within a bullish path, heading to retest the official target published during the last analysis at the price of 1.2170. Technically, and with a closer look at the 60-minute chart, we find the RSI stable above the 50 …

The current movement of Bitcoin is witnessing a slight bullish tendency after it found a good support floor around 48,820, which is stable around its highest level during the current trading session at 50,080. On the technical side, today we tend to be positive but with caution, relying on stochastic …

The Dow Jones index started its daily trading with a bullish tendency, after several successive sessions of retreating to record its lowest level during the previous trading session 33,201. On the technical side, the index movements are witnessing a bullish tendency, benefiting from building a base on the support level …

The Canadian dollar was able to achieve the official target of the bullish corrective tendency mentioned in the previous analysis, located at 1.2170, to hit its highest level during the last session’s trading at 1.2203. Technically, we tend to be positive, relying on the price to base itself above the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were able to touch the expected official target we mentioned in the previous analysis, located at 1807, recording its lowest level at 1808. Technically, and with a closer look at the 4-hour chart, we find the stochastic indicator began to gradually lose the bullish momentum, in addition to …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …

Mixed trades dominated Bitcoin’s prices during the previous trading session, to witness the current movements of Bitcoin, a bullish slope after it found a support level around 54,520. Technically, we tend to be positive, but cautiously depending on trading stability above the aforementioned support, in addition to attempts to stabilize …

The German DAX index declined significantly within the negative outlook expected during the previous analysis, touching the official target of 15,140, to record its lowest level at 15,002. On the technical side today, the bearish bias is likely today, depending on the stability of trading below the resistance level 15,200 …