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 »Bitcoin Achieves Strong Gains
Bitcoin prices continue to achieve gains, recording their highest level during the previous trading session 58,550. On the technical side today, with the moving averages continuing to provide a positive incentive, in addition to the stability of intraday trading above the support level 55,630 and in general above 55,220. A …
Read More »Dax Built on Support And Positivity Remains
The German DAX index managed to achieve noticeable gains during the previous session’s trading within a bullish path, as we expected, touching the first target published in the previous analysis, 15,400, recording a high of 15,420. Technically, we are inclined to the positive, with the index based on the support …
Read More »Dow Jones Continues to Achieve Records
The Dow Jones Industrial Average jumped to achieve record gains within the expected positive outlook, in which we targeted 34,690 levels, to record a high of 34,721. On the technical side, the RSI indicator continues to defend the upside, in addition to stochastic concentrating around overbought areas. With the stability …
Read More »Canadian Dollar: Continues to Decline
The Canadian dollar continues its bearish path, as we expected, heading to visit our desired target at 1.2100, to hit its lowest level during the previous trading session at 1.2116. Technically speaking, the pair broke the level of 1.2170, which has now been converted into a resistance level that supports …
Read More »Gold May Witness a Temporary Decline
Gold prices managed to achieve strong gains during last Friday’s trading, surpassing the official target required to be achieved during the previous analysis at the price of 1836, recording its highest at the price of 1843. On the technical side today, and by looking at the chart at the 240 …
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