Technical Analysis

Positive trading dominated the German DAX, as we expected, touching the official station mentioned in the previous technical report at a price of 13,870, recording the highest of 13,920. On the technical side, we will maintain our positive outlook, depending on the stability of the intraday trading above the previously …

GBP/JPY tends to be positive, benefiting from the stability above 139.80 support. On the technical side, we tend to be positive, depending on trading above the aforementioned support, in addition to the positive motive of the 50 day moving average. Therefore, we target 140.65 as a first target, bearing in …

The Canadian dollar was able to build a base on the support floor of 1.2650, which we mentioned as a protection key to limit the bearish trend, forcing the pair to retest the previously broken support, which was converted to the resistance level at 1.2730. Technically speaking, and despite the …

The Dow Jones Industrial Average jumped yesterday, achieving strong gains on Wall Street, within a positive outlook, as we expected it to surpass the second official target at 30,530, recording its highest level at 30,909. On the technical side today, the daily trend is still up, dependent on stochastic around …

Oil, Crude, trading

Oil, Crude, trading

Mixed trades dominated the movements of the yellow metal in the previous session, to touch the first target to be achieved mentioned in the last analysis at 1956, posting a High at 1959. On the technical side, prices witnessed strong declines as a result of approaching the resistance level 1960, …

The negative moves continue to dominate the euro’s trading against the US dollar, surpassing the first target required to be achieved yesterday, located at 1.2330, to hit its highest level during the previous session at 1.2350. From the angle of technical analysis today, we find that the RSI indicator is …

Bitcoin continues to achieve record gains, as we see the price touching the 35,800 during the previous session’s. On the technical side, we tend to be positive, depending on the price stability above the 50-day moving average, in addition to intraday stability above 34500. Therefore, we believe that the opportunity …

The German DAX index is trading positively to achieve noticeable gains touching the level of 13,755. On the technical side, we are positive in our trading, relying on the intraday trading stability above 13,550 accompanied by the stability of the RSI above the mid-50 line in addition to the stochastic …