Tag Archives: analysis

The Dow Jones Industrial Average jumped to continue achieving the bullish targets, touching the third official leg mentioned in the previous analysis at 28460, recording a peak at 28619. Technically, looking at the 60-minute chart, we find that the moving averages continue to hold the price with the stochastic around …

The British Pound jumped against its Japanese counterpart, surpassing the bullish targets required to be touched, mentioned in the previous analysis, 137.20, to touch a peak at 138.90. Technically, looking at 240-minutes charts, we find that the pair is stable above 138.0 with the positive stimulus of the 50-day moving …

The negative moves dominated the currency pair, as we expected yesterday, to touch the second target to be achieved at 1.2945, posting a low of 1.2928. Technically, looking at the 60-minute chart, we find limited positive attempts from the RSI, on the other hand, we find the stochastic is still …

The sterling made positive attempts against the dollar yesterday and started attacking the psychological barrier resistance 1.3200, but was unable to breach it yet. Technically, looking at the 4-hour chart, we find that negative signs are emerging on the stochastic indicator, with the 50-day moving average still holding the price. …

Oil, Crude, trading

The yellow metal prices incurred huge losses, declining to lose $ 115, recording its lowest level at 1850. Technically, we find that the price is stable below the previously broken pivot support-into-resistance 1901, 61.80% Fib retracement, and the SMA 50 is pressing the price from the top. Therefore, we believe …

Positive trading dominated the euro’s movements against the dollar within the expected bullish path, to touch the second target to be achieved in yesterday’s session at 1.1920, posting a high at 1.1920. Technically, looking at the 60-minute chart, we find that the SMA 50 started to pressure the price from …

Positive trading dominated the moves of the German DAX, shy off the target published in the previous analysis at 12600, to hit a high of 12580. Technically, the current movements of the index are witnessing an intraday stability above the support level 12360, and we find the RSI indicator stable …

The Dow Jones Industrial Average jumped to continue achieving the bullish targets, touching the third official leg mentioned in the previous analysis at 28460, recording a peak at 28619. Technically, looking at the 60-minute chart, we find that the moving averages continue to hold the price with the stochastic around …

The sterling reversed the downtrend, building a base on support floor of 135.50, as the current moves witness a bullish slope near the high of 136.48. Technically, we are biased towards the positive, given the consolidation of trading above the 136.00 barrier, in addition to the clear positive crossover signals …