Tag Archives: analysis

Positive trading dominated the German DAX index, surpassing the required target at 13380, posting a high at 13427. On the technical side, the price has stabilized above 13,265, accompanied by positive signs of the RSI. It encourages us to maintain our positive outlook, provided that the breach of 13,430 is …

slight Positive Trades dominated the Dow Jones Industrial Average after it managed to build on the support level of 30,000, approaching the required target of 30,260, recording the highest of 30,240. On the technical side, the RSI indicator is still defending the upside, and this comes in conjunction with the …

The resistance levels published in the previous analysis, represented by 139.60, were able to limit the bullish bias that the pound witnessed against the Japanese yen. On the technical side, we tend to be positive, relying on the positive motive coming from the 50-day moving average, coinciding with the RSI’s …

The Canadian dollar opened its daily trading within the expected downside direction, trying to break the solid support floor located at 1.2700, unable to break it yet. Technically speaking, and despite the current negative trades, we will expand the risk appetite, and prefer long positions from the current price, depending …

Oil, Crude, trading

Oil, Crude, trading

We committed to the intraday neutrality during the previous analysis due to the contradictory technical signals, to find that gold prices witnessed positive moves, negating the bearish tendency to reach its highest level during the Asian session at 1858. On the technical side, and with a closer look at the …

The Euro opened its daily trading with a bullish bias, benefiting from consolidation above the psychological barrier support of 1.2100. Technically speaking, with a closer look at the 240-minute chart, we find the RSI indicator started to get bullish momentum, supporting further rise in the pair, and we also find …

The German DAX Index opened its daily trading with clear negativity after finding a strong resistance level around 13,290. Technically speaking, we tend to be negative, depending on the stability of trading below the mentioned level, in addition to the continuation of negative pressure from the simple moving averages. In …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, approaching the required target located at 30,360, posting a high of 30,320. On the technical side, the current movements are witnessing a bearish bias on short time frames due to the negative signs coming …