Technical Analysis

The German DAX managed to achieve the required target mentioned in the last analysis, located at the price of 14,125, its highest level at 14,142. Technically, we tend to be positive, citing the stability of trading above the psychological barrier support 14,000, in addition to the clear positive crossover signals …

The Dow Jones Industrial Average continues to achieve gains on Wall Street within the expected bullish path, recording its highest level at 31660. On the technical side today, and with the index succeeding in building a base on the support floor of 31,550 and the most important 31,520, which was …

The pound sterling against the Japanese yen jumped within the expected positive outlook, surpassing the official target required to be achieved during the previous analysis, located at 147.00, recording a high of 147.30. On the technical side, trading remains above 146.80, accompanied by positive motives for the simple moving averages …

Negative trading continues to control the Canadian dollar’s ​​movements within the expected bearish path, touching the first target to be achieved yesterday at 1.2635 and approaching a few points difference from the second official target of 1.2600, recording the lowest price during the Asian session for the current session at …

Oil, Crude, trading

Oil, Crude, trading

Positive trades dominate the movements of gold, taking advantage of building on the strong support floor located at 1810. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the price stability above the 50-day moving average, in addition to gold …

The technical outlook is as it is, and the moves of the euro against the US dollar were not significantly changed in quiet trading that tended to be positive amid the US market holiday yesterday. In terms of technical analysis, the Euro found a good support floor around 1.2080. With …

Positive trading dominated the pound’s movements, ahead of the Japanese yen, to start its first weekly trading on a bullish slope, recording a high of 145.95 during early trading for the current session. On the technical side, today, with trading remaining above the previously breached resistance, which turned to the …

The Canadian dollar reversed the suggested upward correction during the previous analysis, after it hit the first goal of 1.2750, recording a high of 1.2763. Technically speaking, with the pair’s failure to breach the resistance level at 1.2750, in addition to the intraday stability below 1.2710 accompanied by the loss …