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 »German DAX May Witness a Temporary Decline
Mixed trades dominated the movements of the German DAX index during the previous trading session, to witness the morning movements of the index with a downward slope. Technically, today we tend to see a bearish corrective bias on short time frames. RSI is stable below the mid-50 line, in addition …
Read More »Dow Jones Touches The First Goal
Positive moves dominate the movements of the Dow Jones Industrial Average touching the first official target station during the previous report, located at a price of 34,480, to record the highest level at 34,481. On the technical side today, we tend to be positive, relying on the stability of trading …
Read More »Canadian Dollar Unchanged
The technical outlook remains unchanged for the third session in a row, as the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative. Technically, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving averages, which coincides with the …
Read More »Gold Continues to Achieve Our Bullish Targets
Gold prices continue to achieve gains to achieve all our bullish targets during the current trading week, surpassing the last official target required to be touched during the previous session at 1902, to record its highest level of 1907 during early trading for the current session. Today’s technical vision indicates …
Read More »Dow Jones Touches The First Goal And Positivity Remains
The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, located at 34,345, recording a high of 34,426. On the technical side today, the bullish bias is still likely today, dependent on the RSI’s continued defense of the upside, in addition to stochastic …
Read More »Canadian Dollar Maintains Same Technical Conditions
The technical outlook remains unchanged, and the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative, controlling the movements of the US dollar against its Canadian counterpart, capped between 1.2030 and 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity …
Read More »Gold Trying to Consolidate
The positive attempts of gold prices continue to maintain the positive stability above the support level of 1871 within a narrowing range from the bottom above 1871 and from the top below 1887. On the technical side, the 50-day moving average is still holding the price from below, and this …
Read More »German Dax Benefits From Support And Positivity Remains
Positive trading returned to dominate the movements of the German DAX index, approaching a few points difference from the anticipated target during the previous analysis at a price of 15,480, to record its highest level at 15,460. Technically speaking today, we are biased towards the positivity, depending on the stability …
Read More »Dow Jones Maintains Positive Stability
The Dow Jones Industrial Average showed a bullish tendency, as we expected, touching the first official target required to be achieved during the previous analysis, which is located around 34,325, to record its highest level at 34,365. On the technical side today, and with a closer look at the 60-minute …
Read More »