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 »Canadian Dollar Waiting For a New Signal
Narrow-range sideways trades tend to be negative, dominating the movements of the US dollar against its Canadian counterpart, crammed from the bottom above 1.2030 and from above below 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving …
Read More »Gold Continues to Rise on The Shoulders of Dollar
Gold prices managed to achieve the official bullish target published during the previous report, located at the price of 1890, to record its highest level at 1890. On the technical side today, and by looking at the 4-hour chart, we find the price is stable above the support level of …
Read More »German Dax Gives up Gains
The current movements of the German DAX index are witnessing an upward tendency, benefiting from building on the support floor of 15,300. On the technical side, today there is a possibility of a bullish slope within the next few hours, depending on the positive signals coming from the RSI and …
Read More »Dow Jones Trying to Build on Support Again
Mixed trades dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange with the first trading of this week, to find a good support floor around 34,090, to witness the current moves, an upward slope, targeting a re-test of 34,370. On the technical side today, …
Read More »Canadian Dollar Postpones Bullish Corrective Tendency
The strong resistance levels located at 1.2135 managed to stop the bullish correctional tendency of the Canadian dollar, to start returning to the official bearish path again, recording its lowest level at 1.2043. Technically, and with a closer look at the chart, we find the 50-day moving average continues to …
Read More »Gold Achieves Strong Gains
The yellow metal prices jumped to achieve noticeable gains with the beginning of the first weekly trading, recording its highest level of 1873 during the early trading of the current session. On the technical side today, and by looking at the 4-hour chart, we find the simple moving averages continue …
Read More »Bitcoin May Witness a Temporary Bullish Tendency
The current movement of Bitcoin is witnessing a slight bullish tendency after it found a good support floor around 48,820, which is stable around its highest level during the current trading session at 50,080. On the technical side, today we tend to be positive but with caution, relying on stochastic …
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