Mixed trades dominated Bitcoin’s prices during the previous trading session, to witness the current movements of Bitcoin, a bullish slope after it found a support level around 54,520. Technically, we tend to be positive, but cautiously depending on trading stability above the aforementioned support, in addition to attempts to stabilize …
Read More »German Dax Gives up Gains
The German DAX index declined significantly within the negative outlook expected during the previous analysis, touching the official target of 15,140, to record its lowest level at 15,002. On the technical side today, the bearish bias is likely today, depending on the stability of trading below the resistance level 15,200 …
Read More »Dow Jones Facing Profit-Taking
We committed to the intraday neutrality during the previous analysis due to the high level of risks of trading in the Dow Jones Industrial Average, a bearish tendency, indicating that in the event that 34,490 breaks are confirmed, we may witness a bearish bias targeting 34,410, to record the index …
Read More »Canadian Struggling For a Bullish Correction
The Canadian dollar was able to trade positive, but still, limited positivity, touching the target of the first retest published during the previous analysis at the price of 1.2120, recording its highest level 1.2120. Technically, we still believe that there is a possibility to complete the bullish corrective tendency, relying …
Read More »Gold Touches Our First Target And Awaits a New Signal
Gold prices achieved the target of the bearish corrective tendency we mentioned in the previous analysis at 1815 posting a low of 1817. On the technical side, today we are in front of a technical conflict between the clear negative features on the stochastic indicator, which supports the continuation of …
Read More »Bitcoin Facing Negative Pressure
Bitcoin’s movements are witnessing a bearish trend in short intervals, after it reached its highest level during the previous trading session 59,504. On the technical side, we tend to be negative over the coming hours, relying on the negative pressure of the simple moving averages in addition to the negativity …
Read More »DAX Declining Within The Scenario of Retesting Support
Positive trading dominated the movements of the DAX, gradually approaching our desired target at 15,460, to settle for its highest level, 15,436. On the technical side, the current movements of the index are witnessing a stable bearish slope below the resistance level 15,400, as we find negative signs appearing on …
Read More »Dow Jones is Attacking 35,000 Level And Risks Are High
The Dow Jones Industrial Average managed to achieve new political figures, as we expected, touching the official target required to be achieved during the previous session, at 34,950, to record a high of 35,000. On the technical side, the current trading is witnessing a bearish tendency, and this is a …
Read More »Canadian Dollar: Trying Positively Again
We committed to the intraday neutrality during the previous analysis, indicating that the confirmation of a break of 1.2100/1.2090, with a clear breakout confirmation candle, extends the pair’s losses to visit 1.2065, to record its lowest level at 1.2075. Technically, and with a closer look at the 60-minute chart, we …
Read More »Gold May Witness a Downward Corrective Trend
Negative trading dominated gold prices in the context of the re-test published during the previous analysis, after it found it difficult to breach the resistance level of 1843, to record its lowest level at 1831. On the technical side today, and with a closer look at the 60-minute chart, we …
Read More »