Tag Archives: analysis

Mixed trading dominated the movements of the pound sterling against the Japanese yen within a limited bullish bias, benefiting from retesting the support level of 153.80. On the technical side, we tend to be positive but cautiously, relying on the positive crossover signs that started appearing on Stochastic. Therefore, the …

Positive attempts dominated the Canadian dollar’s movements during yesterday’s trading session, within the bullish context, as we expected, recording its highest level at 1.2340. Technically, the Canadian starts with a slight bullish bias, trying to retest the previously broken support, which is now turned to the 1.2330 resistance level, 50.0% …

Oil, Crude, trading

Oil, Crude, trading

For the third consecutive session, gold prices fail to stabilize above the pivotal resistance level published in the previous analysis, located around 1880/1882, which forced the price to trade negatively again within the bearish context. On the technical side, today, and carefully looking at the 240-minute chart, we find the …

The technical outlook is unchanged and the pair’s movements have not changed significantly, maintaining the negative stability. Technically, we are inclined towards negativity in our trading, relying on the negative pressure coming from the 50-day moving average, in addition to the clear negative signs on the stochastic indicator. From here …

The German DAX index came close to achieving our first target published during the previous analysis, located at 15,675, to settle for recording its highest level at 15,654. Technically, we still tend to be positive, but cautiously, relying on the stability of the intraday trading above the support floor of …

Positive attempts dominated the movements of the Dow Industrial Index during the previous trading session within the bullish context, as we expected, recording its highest level at 33,960. On the technical side today, the stability of trading above the 33,730 support level above 33,630 are technical factors that support the …

On the other hand, we find the 50-day moving average that continues to pressure the price from above, accompanied by the clear negative signs on stochastic. Therefore, the bearish bias is the most preferred during the day, as long as trading remains below 1797 represented by 50.0% Fibonacci correction, targeting …

Oil, Crude, trading