Positive moves dominated the German DAX index’s movements yesterday, building on solid support floor 14200, which we previously mentioned as one of the most important directional keys. On the technical side, the 50-day simple moving average has returned to hold the price from below, as we find the 14-day momentum …
Read More »Dow Jones continues to rebound upwards 25/3/2022
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Read More »CAD Continues to be negative 25/3/2022
Noticeable negative trades dominated the movements of the Canadian dollar within the expected official bearish direction, explaining that trading below 1.2560 opens the way for the pair to visit 1.2480, to be satisfied with recording the lowest 1.2509. From the angle of technical analysis today, and by looking at the …
Read More »British Pound retests support 25/3/2022
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Read More »Gold Touched The Target 25/3/2022
Gold prices maintained their gains as we expected to reach the official target at 1960, recording its highest level of 1966.00. Today’s technical vision indicates the possibility of resuming the rise, with the price confirming the breach of the 1943 resistance-into-support level and the positive signals coming from the 14-day …
Read More »The euro is trying to build on support 25/3/2022
The EUR/USD pair moved in the expected bearish path, but it did not show solid movements for two consecutive sessions, trying to build on 1.0960 support level. Technically, despite the pair’s attempts to achieve some bullish rebound, benefiting from the pivot on the 1.0960 support floor, we also find that …
Read More »German DAX sees strong selling 24/3/2022
In the previous session, the German DAX index experienced strong selling after it failed to maintain trading above 14,400 levels to record the lowest at 14,212. Technically, by looking at the 4-hour chart, we notice the negative pressure leading from the 50-day moving average, accompanied by the clear negative signs …
Read More »Dow Jones tests the strength of support 24/3/2022
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Read More »CAD touches the first target 24/3/2022
As was expected during the previous analysis, the Canadian dollar touched the first bearish target at 1.2560, recording the lowest price at 1.2542. Technically, the pair’s current moves are witnessing bullish rebound attempts, benefiting from the intraday stability above 1.2560, accompanied by clear positive signs on the 14-day momentum indicator …
Read More »British Pound retests support 24/3/2022
Oil, Crude, trading
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