Positive trading dominated the movements of Bitcoin touching the first target to be achieved during the previous analysis, located at a price of 33,940. On the technical side, today the 50-day moving average supports the occurrence of a bullish slope in the coming hours, in addition to the stability of …
Read More »German DAX Retest Broken Support
The intraday movements of the German DAX index are witnessing a slight bullish tendency, after finding good support floor near the psychological barrier 13,500. We tend to be negative, depending on the stability of trading without the previously broken support, which turned into a resistance level at 13,720, which was …
Read More »Dow Jones Suffered Heavy Losses
The Dow Jones Industrial Average suffered heavy losses on Wall Street, as we expected the gradual advance to the downside, reaching a low of 29,906. On the technical side, today, with the obvious negative crossover signs on Stochastic, which come in conjunction with the negative signs of the RSI on …
Read More »GBP/JPY: Tends to be Positive
The British pound against the Japanese yen succeeded in touching the first target to be achieved during the previous analysis, located at 144.10. On the technical side, we are positive in our trading, depending on the price stability above 143.20, in addition to the pair continuing to get a positive …
Read More »Canadian Dollar: Corrective Bullish Rally Intact
The technical outlook remains unchanged, and the pair’s movements have not changed significantly, preserving positive stability. Technically, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding with the positive stimulus coming from the simple moving …
Read More »Sterling Pound Re-testing Support
Oil, Crude, trading
Read More »Oil Breaks Resistance
Oil, Crude, trading
Read More »Gold Falling Softly
Positive attempts have seen for yellow metal during the previous trading session, but there are still limited attempts to hit the price of the resistance level published in the previous analysis located at the price of 1871, which we clarified as the key to protecting the downside movement. Technically speaking, …
Read More »Euro Touches Goal And the Negativity In Place
The single European currency retreated significantly within the bearish path, as we expected, touching the first expected target located at 1.2065, recording the lowest price of 1.2056. Technically speaking, today, and with a closer look at the 240-minute chart, we find the pair is stable below the broken support level …
Read More »Bitcoin Witnessing a Temporary Rally
Bitcoin started its weekly trading on a slight bullish slope after finding a good support floor near 33,430, which forced it to retrace the upside. On the technical side, Bitcoin continues to receive a positive stimulus from the 50 day moving average. This increases the possibility that we will witness …
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