Tag Archives: analysis

Negative trading dominated the movements of the yellow metal within the bearish path as we expected, touching the first target to be achieved at 1864, its lowest level in 1863. From the angle of technical analysis today, and with a closer look at the chart, a 4-hour interval, we find …

The single European currency continues to move within a positive sideways range, within a gradual rise to the upside, posting a high at 1.1891. Technically, we find the euro facing hard time in breaching the 1.1880 resistance level and stabilizing above it, and with a closer look at the 4-hour …

Germany’s DAX index tended to trading negative but still maintaining a positive stability above 13040. Technically, with the success of the index in building on the mentioned support floor, with the positive motive of the 50-day moving average. It encourages us to maintain the positive expectations, provided that the break …

The movements of the Dow Jones Industrial Average tended to be negative during the previous trading session, seeing that the current moves stabilized below the 29690 level. Technically, looking at the 60-minute chart, the index is still trading steadily above the 29425/29430 support floor, with the RSI stable above its …

The British pound’s current moves against the Japanese yen are witnessing negative moves after finding a strong resistance level around 138.40 within the current attempts to target a re-test of 137.80. Technically, we tend to be positive despite the current bearish bias, given that trading remains above the support floor …

The Canadian dollar made positive attempts targeting a retest of the pivotal resistance 1.3120, but was unable to breach it yet. Technically, by looking at the 240-minute chart, we find that the stochastic has started to provide negative signals as a result of entering the overbought phase. Consequently, we will …

The British pound continues to rise against the US dollar, maintaining the bullish path, benefiting from stability above the support level 1.3170, approaching a few points difference from the goal published in the previous analysis at 1.3285, posting a peak at 1.3273. Technically, we are biased towards the positivity given …

Oil, Crude, trading

The yellow metal prices retreated significantly during the early trading session of the current session, after facing strong pressure from the 1901 resistance level, to hit the 1875 low. Technically, the simple moving averages continue to pressure the price from the top, coinciding with the clear negative signs on the …

The euro continues to gradually rise to the upside against its US counterpart within the expected bullish path, touching the target required to be achieved during the previous analysis at 1.1870, reaching a peak at 1.1894. Technically, looking at the 4-hour chart, we find negative signs appearing on the stochastic …