Tag Archives: analysis

The German DAX index declined to record strong losses, recording its lowest levels at 13,586. On the technical side, with the index’s failure to maintain trading above the support level of 13,800, which is now converted into a resistance level, this comes in conjunction with the negative pressure of the …

The Dow Jones Industrial Average suffered strong losses during the previous session’s trading, cancelling the positive outlook, as we expected it to reach its lowest level at 30,455. On the technical side today, and with a closer look at the 60-minute chart, we find that there is a conflict in …

The pound sterling against the Japanese yen started its morning trading for the current session with clear negativity after hitting the resistance level of 142.30. On the technical side today, and with the continuation of the negative pressure of the 50-day moving average that meets around 142.00, in addition to …

Positive trading dominated the moves of the Canadian dollar, to complete the minor bullish correction that had previously taken place, benefiting from building on the support floor of 1.2700. From a technical analysis angle, the pair continues to get a positive stimulus from the 50-day moving average, in addition to …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the yellow metal yesterday after it found a strong resistance near 1865, which forced it to re-test the 1838 support level. On the technical side, today we find the RSI trying to provide bullish signs of a rebound on short time frames, supported by the continued obtaining …

We committed to the intraday neutrality during the previous analysis due to the conflicting technical signals. Technically, and with a closer look at the 240-minute chart, we find the negative pressure coming from the 50-day moving average, and we find that the RSI indicator began to gain bearish momentum on …

The current movements of Bitcoin are witnessing a slight bullish bias after several consecutive sessions of strong decline, recording 28,935. Technically, we tend to the intraday positivity, but with caution, relying on the positive motive of the 50-day moving average in addition to attempts Relative strength index for bullish momentum. …

The technical outlook remains unchanged, and the index’s movements did not change significantly, preserving positive stability. On the technical side, the 50-day moving average is still holding the price from below, and we find the RSI indicator providing signs that tend to be positive. Therefore, the bullish bias is likely …