Tag Archives: analysis

The DAX index continues to maintain its positive side, trying to stabilize for the second session in a row above the support level of 13,810/13,800. Technically we tend to be positive on short intervals, but with caution. The RSI is stable above the 50 midline, which supports the bullish bias. …

The Dow Jones Industrial Average succeeded in achieving the negative outlook, as we expected during the last analysis, touching the target of 31,210, recording a low of 31,188. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI continues to get negative …

Good rises were witnessed by the sterling pound against the Japanese yen, benefiting from building on the support floor of 147.50, as the current moves witness stability near the highest level during the morning session 147.90. On the technical side, today, we are positive in our trading, depending on the …

Quiet trading, which tends to be negative, dominates the movements of the US dollar against the Canadian dollar, as the pair begins negative pressure on the support level of 1.2590. Technically, with a closer look at the chart, there is negative pressure coming from the 50-day moving average and trading …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices witnessed a bullish wave with the opening of the first trading sessions of this week, to witness the intraday movements stabilizing above the psychological line of 1800 resistance. On the technical side, stability trading above 1800 supports the rise, and with a closer look at the …

Positive moves dominated the euro against the US dollar during the previous trading session. To remind us, we mentioned in the last report that the attempt to breach the resistance level at 1.2115 paves the way for the pair to retest the pivotal resistance level of 1.2175, recording a high …

Trading tended to be negative but still limited after several consecutive sessions of the record highs. On the technical side, we tend to be negative, but cautiously, relying on trading stability below 51,400 accompanied by signs of losing the RSI’s bullish momentum. Confirmation of breaking 51,090/51,060 puts the price under …

The German DAX index succeeded in achieving the negative outlook, as we expected, touching the first target to be achieved during the previous analysis, located at 13,850, recording the lowest price of 31,843. On the technical side today, and with a closer look 60-minute chart, we find the 50-day moving …