Technical Analysis

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 …

Oil, Crude, trading

Oil, Crude, trading

Positive trades have regained control of gold’s movements, as we expected, touching the second target of the previous report, located at 1727, and approaching a few points difference from the last target of 1737, to record its highest level during early trading for the current session 1734. Technically speaking, we …

We committed to the intraday neutrality during the previous analysis due to the conflicting technical signals, indicating that the activation of long positions requires confirmation of the breach of 1.1885, in order to enhance the chances of a rally to visit 1.1920, for the pair to succeed in reaching its …

The German DAX index on the Frankfurt Stock Exchange maintained its gains, achieving remarkable gains, recording a high of 14,473. On the technical side, we are biased towards the positivity, relying on the positive motive of the 50-day moving average, coinciding with the positive signs of the RSI. Therefore, the …

Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street yesterday, recording its highest level at 32,116. On the technical side, we tend to be positive, depending on the stability of trading above the support level 31m640, which is constantly waiting for the index to receive …