The German DAX index jumped to surpass the last official target published in the previous analysis, located at a price of 15,380, recording its highest price of 15,526. The technical side today is indicating the possibility of continuing the rise, relying on the positive motive of the 50-day moving average, …
Read More »Dow Jones Continues to Achieve Our Bullish Goals
A noticeable push for the Dow Jones Industrial Average, as we expected during the last analysis, touching the official target station located at the price of 34,140, recording the highest of 34,141. On the technical side today, we tend to be positive, depending on the price intraday above 34,000 and …
Read More »Canadian Dollar: Mixed Signals
The Canadian dollar is trying to build a base on the support floor of the psychological barrier of 1.2500 within a temporary bullish bias after it found a solid support floor around 1.2470. Technically speaking, and with a closer look at the chart at a 60-minute chart, we find the …
Read More »Gold Continues to Rise
Gold prices succeeded in achieving the positive outlook, as we expected in the previous analysis, touching the first official stop at the price of 1777 and approaching a few points from the legal target of 1790, to settle for recording its highest level of 1783. On the technical side today, …
Read More »Bitcoin: Retest Support Scenario
Bitcoin prices jumped to the upside to record new highs around 63,760. On the technical side today, and with a closer look at the chart, we find the stochastic indicator is trading around overbought areas, in addition to the intraday stability below 33,760. We tend to the intraday negativity, targeting …
Read More »German Dax Based on Support
The German DAX index was able to touch the first target required to be achieved during the previous analysis, at a price of 15,280, recording a high of 15,297. The technical outlook remains unchanged on the German DAX, maintaining positive stability. On the technical side, we find the index is …
Read More »Dow Jones Maintains a Bullish Path
Positive trading returned to dominate the movements of the Dow Jones Industrial Average at the New York Stock Exchange after it succeeded in surpassing the resistance level of 33,800, indicating that this would immediately stop the bearish tendency and lead the index to the official bullish path with an initial …
Read More »Canadian Dollar Retest The Resistance
The negative moves have returned to control the Canadian dollar’s movements, as we expected, explaining that a break of 1.2500 leads the pair to a downside path. Its initial target is around 1.2455, to settle for recording its lowest price during the previous trading session at 1.2476. Technically speaking, the …
Read More »Gold Continue to Recover And Positivity Remains
Gold prices rose significantly, nullifying the negative outlook, as we expected during the previous analysis, touching the stop-loss order published during the previous analysis at the price of 1750. Offsetting the losses of the sell position. On the technical side, today the intraday moves in gold are witnessing stability above …
Read More »Dax Tries to Hold on Above Support
The German DAX index found a strong resistance level around the official target published during the last analysis at 15,310, which forced it to retest the pivotal support level of 15,200. On the technical side, and despite the bearish bias, we find the index is still stable above 15,200 and …
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