Technical Analysis

The pound against the Japanese yen continued to achieve gains within the bullish حشفا, as we expected, touching our required official target of 152.15, recording a high of 152.15. Technically, trading has stabilized above the support level of 151.60 and in general above 151.20 supports the positivity, in addition to …

The Canadian dollar retreated significantly during the previous session within the expected bearish trend, in which we depended on the confirmation of the break of the 1.2600 support level, heading for touching the first target of 1.2550 and approaching a few points from the second target of 1.2500, to reach …

Oil, Crude, trading

Oil, Crude, trading

Trading tilted to the negativity dominated the movements of gold during the previous session after it collided with the resistance level 1740, which forced it to trade negatively again. On the technical side today, and with a closer look at the 4-hour chart, we find the 50-day moving average is …

The single European currency showed a bullish tendency during the previous trading session within the expected bullish context, touching the second official target to be achieved during the previous analysis at 1.1975, recording a high of 1.1990. Technically speaking, and with a closer look at the chart, with a 60-minute …

The German DAX index continues to achieve gains touching the official target to be achieved at 14510, posting its highest level at 14560. On the technical side, the upward trend is still intact and effective, depending on the stability of intraday trading above the support level of 14,440, in addition …

The Dow Jones Industrial Average jumped in Wall Street within the expected bullish path during the previous analysis, touching the official target station 32,430, to record its highest level during early trading for the current session 32,430. On the technical side, today, with stochastic around overbought areas, in addition to …

The British pound started its daily trading significantly higher against the Japanese yen, benefiting from building a base on the support level of 150.40, and it is now trading around its highest level during early trading of the current session, 151.50. On the technical side, and with the pair getting …

Sideways trading that tends to be negative, continues to dominate the Canadian dollar’s ​​moves, trapped from the bottom above the support level of 1.2600 and from the top below the resistance level of 1.2700 for several consecutive sessions. Technically speaking, we tend to be negative, relying on the stability of …