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 …
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 »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 …
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