A bullish bias continues to dominate the moves of the Dow Jones Industrial Average, to succeed in reaching its highest price during the previous trading session at 33,430. On the technical side today, the index’s movements are still stable above 33,255/33,250 accompanied by the stability of the RSI indicator above …
Read More »GBP/JPY Needs Careful Consideration
GBP/JPT was able to touch the official target station during the previous analysis at 153.40, to find a strong resistance level around which forced it to trade negatively again. On the technical side, we find a contradiction in the technical signals between the negative pressure coming from the 50-day moving …
Read More »Canadian Dollar Continues Bullish Corrective Trend
The Canadian dollar continues to navigate within the expected bullish correctional trend, touching our first target located at 1.2590. Technically speaking, we tend to be positive, depending on the pair’s success in stabilizing an intraday above 1.2540, in addition to building an overall base above 1.2500, and we notice that …
Read More »Pound Touches First Target And Settled Below Support
Oil, Crude, trading
Read More »Crude Oil Facing Strong Resistance
Oil, Crude, trading
Read More »Positive Gold Looking For Confirmations
Gold prices were about to touch the first target at 1740, few points shy from the second target 1747, to set its highest level during the previous trading sessionn at 1745. Technically speaking, with the intraday trading remaining above 1728, accompanied by the positive stimulus of the 50-day moving average, …
Read More »Euro Touching Targets And Technicals Are Contradictory
The euro succeeded in achieving the second official target to be achieved and mentioned in the previous analysis, located at 1.1875, to hit its highest level during the previous trading session at 1.1877. On the technical side today, and with a closer look at the short time frames, we find …
Read More »Bitcoin Tends to be Negative
The current trading of Bitcoin is witnessing a bearish bias, after finding resistance near 58,785, where the current moves are witnessing stability below the aforementioned level. We tend to be negative in the coming hours depending on the RSI losing the bullish momentum. Confirmation of breaking 58,550 puts Bitcoin under …
Read More »German Dax Maintains Positive Side
Positive trading continues to dominate the German DAX index, recording its highest level at 15,207. On the technical side, we tend to be positive, depending on the stability of trading above sub-support 15,120, and in general above the pivotal support floor 15,070, and we find the RSI indicator continues to …
Read More »Dow Jones Maintains an Upward Path
The Dow Jones index continues to maintain its bullish path, recording its highest level during the previous trading session 33,501. Technically, the intraday trading is stable above the support level 33,270 and in general above the pivotal support floor 33,180, factors supporting the upside, as we find the stochastic indicator …
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