Technical Analysis

Negative trading dominated the moves of the euro against the US dollar within the expected bearish path, in which we relied on confirming a break of 1.2120 in his way to touch the first official leg of the break 1.2065, recording its lowest price at 1.2058. Technically, and with a …

Bitcoin succeeded in achieving the negative outlook, as we expected during the previous analysis, surpassing the second official target to be achieved at 31,730, to record its lowest price during the morning trading of the current session at 31,428. On the technical side, we tend to be negative due to …

Positive trading dominated the German DAX index after it succeeded in building on the support floor of 13,580. Technically, we tend to be positive in our trading, relying on trading stability and stability above 13,800 accompanied by positive signs of the RSI, in addition to stochastic attempts to obtain additional …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, touching the first target to be achieved located at a 30,985, recording its highest price 31,015. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI …

The pound achieved noticeable gains against the Japanese yen, canceling the expected negative outlook during the previous analysis, touching the stop-loss order published during the previous analysis. On the technical side, today, with the return of trading stability above the psychological barrier support level 142.00, accompanied by the positive stimulus …

The technical outlook remains unchanged, and the pair’s moves have not changed little, maintaining the positive stability in attempts to complete the upward correction. In terms of technical analysis today, the pair continues to get a positive stimulus from the 50-day moving average, in addition to holding above 1.2700. Therefore, …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the price of the yellow metal during the early trading session of the current session within the expected bearish context, in which we depended on the fact that the activation of selling positions requires that we witness a clear breakout and stability of the price below 1851, …

The single European currency continues its gradual decline to the downside, to start pressure on the support level published during the previous analysis at the price of 1.2120. Technically, and with a closer look at the chart at a 240-chart, we find the negative pressure coming from the 50-day moving …