Tag Archives: analysis

The Euro continues to attempt to rise against the US dollar, but still limited, unable to consolidate above the main supply point published during the current week’s reports at 1.1380, which keeps the technical outlook unchanged. From the technical analysis point of view today, the current movements of the Euro …

Positive trading dominated the movements of the German DAX index within the expected bullish path mentioned in the previous analysis, touching the first target at 15,400, recording its highest level at 15,531. Technically, by looking at the 60-minute chart, the index is still consolidating above the minor support level of …

Oil, Crude, trading

GBP/JPY managed to touch the bullish target required to be achieved yesterday, at 157.00, recording the highest level at 157.10. On the technical side, the current moves are witnessing a bearish bias resulting from hitting the resistance level 157.00. which constitutes a negative pressure factor, and the RSI is losing …

The support levels published during the previous analysis, at 1.2665, managed to limit the bearish bias that occurred during the middle of the last session’s trading, which contributed to pushing the price higher above the 1.2700 level. Technically, by looking at the 4-hour chart, we notice the positive crossover signs …

Oil, Crude, trading

Oil, Crude, trading

Positive moves dominated gold trades after testing the ascending channel’s support around 1844, which pushed it to rebound in the bullish direction to settle above 1859 resistance, and intraday stability above 1865. Technically, by looking at the 240-minute chart, we notice that the price continued to obtain a positive stimulus …

The Euro retested the critical resistance mentioned in the previous report at 1.1380, explaining that it represents one of the most critical directional keys for the current trading levels, which forced the pair to trade negatively around 1.1345, the lowest level during the early trading of the current session. Technically, …

The German DAX index jumped, achieving notable gains, recording its highest level at 15,426, moving away from the pivotal support level 15,000. On the technical side, today, there may be a possibility to resume the rise that started yesterday due to the positive motive coming from the 50-day moving average, …