Mixed trading dominated gold prices during the end of last week’s trading, and sideways trading is still limited from below at the support level of 1880 and from upside below the resistance level of 1905. Technically, today, and by looking at the 4-hour chart, we find that the RSI is …
Read More »Euro Testing Support And Need Confirmation
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating the short positions depends on the confirmation of breaking the 1.2170 support level, which puts the price under negative pressure targeting 1.2120, to move the pair in a bearish context approaching the …
Read More »Dax Tries to Build on Support
Positive attempts dominated the movements of the German DAX index within a bullish context, recording its highest level during early trading for the current session 15,485. On the technical side today, we are inclined in our trading to the positive, but cautiously, relying on the stability of trading above the …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average managed to achieve noticeable gains within the positive outlook, as we expected, surpassing the official target required to be achieved during the previous analysis at 34,500, to record its highest level during the last session’s trading at 34,616. On the technical side today, with the …
Read More »GBP/JPY:ِ Starts with a Negative Tone
The British Pound jumped against the Japanese Yen, canceling the negative outlook expected during the previous analysis, touching the stop-loss order published during the previous analysis, at a price of 154.70. On the technical side, today we tend to be positive, but with caution, relying on the pair’s breach of …
Read More »CAD Above Support And Looking For Additional Momentum
The technical outlook is unchanged, and the movements of the US dollar against the Canadian dollar have not changed significantly within sideways trading from the bottom above 1.2030 and from the top below 1.2130. Technically, we find the pair succeeded in building a base on the solid support floor 1.2030, …
Read More »GBP/USD: Mixed Technical Signals
Oil, Crude, trading
Read More »Oil Continues to Achieve Our Rising Goals
Oil, Crude, trading
Read More »Gold is Waiting For a New Move SignalS And Pending orders
Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …
Read More »Euro Waiting For Pending Orders
The euro against the US dollar ended the previous trading session without a noticeable change within a sideways bias tilted to the negativity. Technically, and with a closer look at the 4-hour time chart, we find the SMA 50 continues to pressure the price from the top, supporting the occurrence …
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