Tag Archives: analysis

The euro witnessed positive trading at the end of last week, supported by the decline of the US dollar to end its trading above 1.1770/1.1780. Technically, and carefully considering the 4-hour chart, we find the simple moving averages returned to hold the price from below, supporting the end of the …

Negative trading dominated the movements of the German DAX index after it found a strong resistance around 15,930 to witness the current movement’s pressure on the 15,830 support level. On the technical side, the 50-day moving average pressures the price from the top, accompanied by the stability of the RSI …

Oil, Crude, trading

Mixed trades dominated the movements of the pound sterling against the Japanese yen, nullifying the negative outlook in which we relied on the price stability below the resistance level of the psychological barrier 151.00; as a reminder, we indicated during the previous analysis that the pair’s attempts to breach the …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the positive stability above the support level published in the previous analysis at 1.2580. Technically speaking, and by looking at the 60-minute chart, we find that the RSI started sending positive signals, accompanied by the pair’s …

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis, explaining that we are waiting for confirmation of the breach of the 1790 level to activate the selling positions with an initial target of 1782 so that gold will succeed in touching the awaited target, recording its lowest level at 1782. …

Quiet sideways trading tends to be positive, which dominated the euro against the US dollar, within a gradual upward bias that aimed to retest the strong resistance level at 1.1770. Technically, the current movements of the euro are witnessing stability below 1.1770/1.1780, and with careful consideration of the chart, we …

The German DAX index recorded its highest level at 15,920, near the pivotal resistance level published in the previous analysis, at 15,930, which we indicated is an essential and fundamental condition for achieving more gains. On the technical side today, we tend in our trading to the positive, but cautiously, …