Tag Archives: analysis

The current moves of the pound sterling against its Japanese counterpart are witnessing a slight bearish tendency, as a result of a collision with the resistance level 142.30 represented by the second target of the previous analysis. On the technical side, we are biased to the negativity relying on the …

The Canadian dollar declined significantly within the bearish trend, as we expected, pointing out during the previous analysis that a break of 1.2680 will extend the pair’s losses, targeting 1.2620, a next official station, for the pair to record its lowest price at 1.2605. Technically, the negative aspects are still …

Oil, Crude, trading

Oil, Crude, trading

The strong resistance levels published during the previous analysis, located at 1856, were able to limit the upward slope in the middle of European trading, which forced gold to retreat targeting a retest of 1832, so gold collides again with the support level of 1838, to push it into a …

Mixed trades dominated the euro’s movements against the US dollar during the previous trading session, as the euro’s movements witnessed a negative sideways tendency confined from the bottom above 1.2075 and from the top below 1.2175. On the technical side today, and by looking at the 4-hour chart, we find …

Bitcoin traded negatively during the previous trading session, recording its lowest level during early trading for the current session 35,109. We tend to be negative in our trades depending on the negative pressure of the 50-day moving average in addition to trading stability below 35,400. With the confirmation of breaking …

The German DAX index was able to trade positively within the expected bullish range, touching our awaited target at 13,950, to hit a high of 13,942. Technically, with trading remaining above the support level 13,770, accompanied by the index getting a positive motive from the 50-day simple moving average. Consequently, …

The Dow Jones Industrial Average succeeded in achieving the positive outlook, as we expected, touching the first target to be achieved yesterday, located at 30,970, to record a high of 30,980. On the technical side, with stochastic remaining close to overbought areas, in addition to the RSI indicator continuing to …

The pound’s movements against the Japanese yen witnessed a bullish tendency within the positive context, as we expected, benefiting from building on the support floor of 141.20. On the technical side today, we tend to be positive in our trading, depending on the pair’s stability above the aforementioned support, which …