Gold prices managed to maintain their gains within the gradual upward path, touching the first target that is required to be achieved, located at the price of 1912, recording its highest level during the early trading of the current session 1912. On the technical side today, and by looking at …
Read More »Canadian Dollar: Technical Conditions Unchanged
Sideways trading did not witness a noticeable change for the Canadian dollar within limited attempts to obtain a bullish corrective slope, touching our target of the first correction published in the previous report, 1.2130, to record its highest level at 1.2142. Technically, the negative trades regained control of the pair …
Read More »Gold Maintains Positive Stability
Mixed trading dominated gold prices during the end of last week’s trading, and sideways trading is still limited from below at the support level of 1880 and from upside below the resistance level of 1905. Technically, today, and by looking at the 4-hour chart, we find that the RSI is …
Read More »Dax Tries to Build on Support
Positive attempts dominated the movements of the German DAX index within a bullish context, recording its highest level during early trading for the current session 15,485. On the technical side today, we are inclined in our trading to the positive, but cautiously, relying on the stability of trading above the …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average managed to achieve noticeable gains within the positive outlook, as we expected, surpassing the official target required to be achieved during the previous analysis at 34,500, to record its highest level during the last session’s trading at 34,616. On the technical side today, with the …
Read More »CAD Above Support And Looking For Additional Momentum
The technical outlook is unchanged, and the movements of the US dollar against the Canadian dollar have not changed significantly within sideways trading from the bottom above 1.2030 and from the top below 1.2130. Technically, we find the pair succeeded in building a base on the solid support floor 1.2030, …
Read More »Gold is Waiting For a New Move SignalS And Pending orders
Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …
Read More »Dax Tries to Build on Support
Negative trading dominated the movements of the German DAX index yesterday within the expected bearish context during the previous analysis, explaining that with trading remaining below 15,570, we are targeting 15,420 first target, and then 15,360, so the index touches the first target, approaching the second target, to settle for …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones Industrial Average continues to rise, maintaining the positive stability above the strong 34,090. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI trying to maintain the bullish momentum, in addition to stochastic concentrating around overbought areas. With intraday …
Read More »Canadian Dollar Based on Support And Initiates a Bullish Corrective Bias
After several consecutive sessions of standing on the sidelines, the Canadian dollar’s movements witnessed an upward corrective tendency during the previous trading session, explaining that re-activating the long positions requires stability of the price above 1.2070/1.2075 to target 1.2105 and then 1.2130 for the pair to succeed in reaching its …
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