Negative trading dominated the movements of the Dow Jones Industrial Average on Wall Street, canceling the expected positive outlook during the previous analysis, touching the stop losses order published in the previous analysis at 34,230, recording its lowest price at 34,190. On the technical side today, and with a closer …
Read More »Canadian Dollar: Maintains The Bullish Corrective Slope
Positive trading dominated the movements of the Canadian dollar to complete the bullish corrective slope, as we expected, touching the first official target for the bullish correction 1.2195, recording its highest level at 1.2204. Technically, the stability of the intraday trading above the previously breached resistance 1.2140 supports the continuation …
Read More »Gold Continues to Decline, Eyes on The Fed Meeting
The negative pressure continues to dominate the yellow metal prices, gradually approaching the awaited second target 1844, to record its high during the previous session’s trading of 1851. Technical view indicates the possibility of continuing the bearish corrective slope based on the clear negative crossover signs on stochastic, coinciding with …
Read More »German DAX Facing a Retest Scenario
The German DAX index managed to achieve strong gains as we expected, touching the first target that is required to be achieved during the previous analysis, located at 15,780, and it is approaching by a few points by a few points at the second target of 15,830, to record its …
Read More »Dow Jones Touches Goal And Positivity Remains
The Dow Jones Industrial Average managed to achieve the official target published in the previous report, at 34,540, to record its highest level at 34,554. Technically, by looking at the 60-minute chart, we find that the RSI is stable above the 50 mid-line, and on the 4-hour time frame, Stochastic …
Read More »Canadian Dollar: Maintains The Bullish Corrective Slope
The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective slope within the expected bullish context. Technically, by looking at charts, we find the pair succeeded in building support at 1.2100/1.2090, accompanied by positive signs from the RSI gaining more bullish momentum. Therefore, …
Read More »Gold Incurring Heavy Losses And Gradually Losing The Bullish Momentum
Gold prices incurred heavy losses at the beginning of this week’s trading within the negative technical outlook as we expected, in which we relied on breaking 1880, exceeding the required official target 1855, recording its lowest level at 1844. Today’s technical view indicates the possibility of continuing the bearish corrective …
Read More »German Dax Continues Its Gradual Rise
The German DAX index jumped within the expected upward trend, touching the official target to be achieved during the previous report 15,700, recording its highest level of 15,720. Technically, today, we tend to continue rising, relying on the index’s pivot above 15,600 and in general above 15,500, accompanied by the …
Read More »The Dow Jones Looking For More Momentum
The movements of the Dow Jones Industrial Average witnessed mixed trading at the end of last week’s trading within the expected bearish path, explaining that breaking 34,415 increases the negative pressure to target 34,180, hit a low of 34,310. On the technical side today, the current movements are witnessing a …
Read More »Canadian Dollar: Touching The Target of The Bullish Corrective Slope
Positive trading dominated the movements of the Canadian dollar during the previous trading session, touching the target of the bullish corrective slope published during the previous analysis at 1.2170, to record its highest level at 1.2177. Technically, and with careful consideration of the chart, we find that the pair succeeded …
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