Tag Archives: analysis

The Canadian dollar is continuing its positive trading within the expected bullish path after it successfully retested the support level of 1.2640. Technically speaking, we will maintain our positive outlook based on trading stability above the 50-day moving average, which is accompanied by the clear positive signs on the stochastic …

Oil, Crude, trading

We kept our intraday neutrality of the previous analysis due to the conflicting technical signals, indicating that to resume the bearish trend, we need to see a break of 1717, targeting 1700, recording its lowest level during early trading for the current session at 1707. Technically speaking today, and by …

The euro resumed its downward path against the US dollar, as we expected, touching the second target previously reported, located at 1.2020, its lowest level during Asian trading hours for the current session 1.2020. On the technical side, today the current moves are witnessing stability below the previously broken support …

Positive trades are dominated Bitcoin, to record its highest price during early trading of the current session at 46,516. On the technical side, there is a conflict between the positive motive coming from the 50-day moving average, and the negativity on the stochastic indicator. We will remain neutral due to …

The German DAX index opened its first weekly trading with a bullish bias, taking advantage of building a base on the support floor 13,710/13,700. On the technical side, and by looking at the 60-minute chart, we see signs of a positive crossover that started appearing on the stochastic indicator. We …

Negative trading dominated the Dow Jones Industrial Average, touching the official target to be achieved last Friday, located at 30,900, recording the lowest price of 30,865. On the technical side, trading has stabilized today above the support level at 30,825, accompanied by the index obtaining positive signs from the RSI. …

The pound sterling against the Japanese yen managed to touch the first target located at 147.40, recording the lowest price of 147.40. Technically, the pair found a good support floor around the aforementioned target, and with a closer look at the 60-minute chart, we find that positive features began to …

The Canadian dollar recovered significantly during last Friday’s trading session within the path of the aforementioned bullish correction, touching the first target of the correction at 1.2690, recording a high of 1.2748. Technically speaking, and with a closer look at 60 minutes chart, we find the stochastic indicator is trading …

Oil, Crude, trading