Technical Analysis

The euro continues to advance against the US dollar within the expected bullish path mentioned in the previous analysis within a gradual rise towards the upside approaching the required target of 1.2060, reaching a high of 1.2050. Technically speaking today, we find that the current transactions setteled above the psychological …

Negative trading dominated Bitcoin’s prices within the expected bearish context, through which we aimed to re-test 62,430, recording its lowest level at 59,920. On the technical side, the pressure coming from the 50-day moving average supports the possibility of a reversal, on the other hand, signs of a positive crossover …

The German DAX index jumped to surpass the last official target published in the previous analysis, located at a price of 15,380, recording its highest price of 15,526. The technical side today is indicating the possibility of continuing the rise, relying on the positive motive of the 50-day moving average, …

A noticeable push for the Dow Jones Industrial Average, as we expected during the last analysis, touching the official target station located at the price of 34,140, recording the highest of 34,141. On the technical side today, we tend to be positive, depending on the price intraday above 34,000 and …

Positive trading regained control of the sterling pound’s moves against its Japanese counterpart, surpassing the target of a re-test published during the previous analysis of 150.30, recording a high of 150.62. On the technical side today, intraday trading remains above 150.00 that supports the upside, and we find the RSI …

The Canadian dollar is trying to build a base on the support floor of the psychological barrier of 1.2500 within a temporary bullish bias after it found a solid support floor around 1.2470. Technically speaking, and with a closer look at the chart at a 60-minute chart, we find the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices succeeded in achieving the positive outlook, as we expected in the previous analysis, touching the first official stop at the price of 1777 and approaching a few points from the legal target of 1790, to settle for recording its highest level of 1783. On the technical side today, …

Positive trading continues to dominate the euro’s movements against the US dollar within a gradual rise to the upside, with the continuation of work within the bullish price channel shown on the chart. In terms of technical analysis today, we find the Euro succeeded in maintaining trading above 1.1950, and …