Tag Archives: analysis

The British Pound found a strong support floor near the psychological barrier of 1.3200, to start its daily trading positively, and hover around the resistance level at 1.3280. Technically, the simple moving averages continue to hold the price from below, and we find the RSI indicator stable above the mid-line. …

Oil, Crude, trading

The bearish trend continues to control gold’s movements within a decline to the downside, a few points shy of first official target required to be touched, located at 1850, to record its lowest price of 1852. From the angle of technical analysis today, and with a closer look at 60-min. …

The pivotal support levels mentioned during the previous analysis, located around 1.1820, were able to limit the bearish bias, within the scenario of re-testing the required support. technically, Euro seen rising again, benefiting from the aforementioned support levels, and the pair is now hovering around the 1.1880 resistance level. Looking …

The German DAX maintains the bullish trend within a gradual rise to the upside, with a long point difference of 13225 target, reaching a high of 13205. Technically, with the index being able to build on the support floor 13030/13035, which was accompanied by a positive stimulus for the 50-day …

The Dow Jones index tipped positive in the previous session, surpassing the required target of 29830, to hit a high of 29893. Technically, we tend to be positive, depending on the index based above 29180, with the index continuing to receive a positive stimulus from the 50 moving average over …

The Pound retreated against its Japanese counterpart, nullifying the expected positive outlook, approaching the stop loss order published in the previous analysis, at 137.00, posting a low of 137.18. Technically speaking, we tend to be negative in our trading, relying on intraday trading below 137.65, in addition to losing the …

The Canadian dollar retreated, maintaining the negative bias, heading to touch the first target to be achieved, located at 1.3045, posting low at 1.3034. Technically speaking, we are biased towards the intraday positivity, depending on the pair’s consolidation above the 1.3030 support floor, in addition to the positive motive for …

The British Pound touched the target to be achieved in the previous report, located at 1.3300, to hit its highest level at 1.3310. Technically, the pair collided with the psychological resistance level represented by our target 1.3300 but couldn’t consolidate above it. The current movements are witnessing a bearish bias …

Oil, Crude, trading