Tag Archives: analysis

The technical outlook is unchanged, and the Canadian dollar’s ​​moves have not changed little, as part of the continued attempts to rise and stabilize above 1.2620. Technically, and despite the dominance of the general bearish trend over the pair’s movements, we believe that there is a possibility of an upward …

Oil, Crude, trading

Oil, Crude, trading

Negative trading is dominating the yellow metal’s movements after finding a strong resistance around 1927 which mentioned in the previous analysis, located at 23.60% Fibonacci retracement. Technically speaking, we see the intraday movements settled around the lowest level during the morning at 1906, and by looking at the chart, we …

The single European currency retreated during the previous session’s, nullifying the positive outlook, as we expected, in which we relied on trading stability above 1.2280, as a reminder that we mentioned in the previous report that any attempts to break the aforementioned support level will immediately stop the bullish tendency …

Bitcoin succeeded in achieving the positive outlook, as we expected, touching the second target to be achieved yesterday, located at 37,240, recording its highest level at 37,692. Technically, the general bullish trend is still intact, but we believe that there is a possibility of a bearish slope occurring in the …

Positive trading dominated the German DAX, as we expected, touching the official station mentioned in the previous technical report at a price of 13,870, recording the highest of 13,920. On the technical side, we will maintain our positive outlook, depending on the stability of the intraday trading above the previously …

GBP/JPY tends to be positive, benefiting from the stability above 139.80 support. On the technical side, we tend to be positive, depending on trading above the aforementioned support, in addition to the positive motive of the 50 day moving average. Therefore, we target 140.65 as a first target, bearing in …

The Canadian dollar was able to build a base on the support floor of 1.2650, which we mentioned as a protection key to limit the bearish trend, forcing the pair to retest the previously broken support, which was converted to the resistance level at 1.2730. Technically speaking, and despite the …

The Dow Jones Industrial Average jumped yesterday, achieving strong gains on Wall Street, within a positive outlook, as we expected it to surpass the second official target at 30,530, recording its highest level at 30,909. On the technical side today, the daily trend is still up, dependent on stochastic around …