The gradual rise of the German DAX index after finding a strong support floor around 15,200. Technically, with the intraday trading remaining above the 15,160 support level accompanied by the positive stimulus of the 50-day moving average, in addition to the positive signs of the RSI on short time frames. …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones index maintains positive stability, recording its highest level during the previous trading session, 33,670 benefiting from an intraday consolidation on the support floor of 33,560. Technically, we tend to be positive, relying on the RSI to continue providing positive signals on short intervals, which come as the …
Read More »Canadian Dollar: Continues to Rise
The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the upward correctional trend. Technically, and with a closer look at the chart at a 240-minute, we find that the RSI continues to defend the bullish corrective tendency, in addition to the positive crossover signals that …
Read More »Gold Continues Its Gradual Decline
Gold prices succeeded in achieving the first target required to be touched in the previous analysis, located at a price of 1727, recording its lowest price of 1727. On the technical side today, and with a closer look at the chart at a 240-chart, we find negative signs still dominating …
Read More »Dax Settled Above Support
The German DAX index maintained positive stability, to start its weekly trading on a bullish tone, benefiting from stability above 15130. Technically, with the intraday trading remaining above the support level of 15,210, accompanied by the positive motivation of the 50-day moving average, in addition to the positive signs of …
Read More »Dow Jones Extends Gains
Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, surpassing the first target required to be achieved in the previous analysis, 33,615, to record a high of 33,690. Technically, Stochastic continues to be concentrated around overbought areas, coinciding with the RSI indicator continuing to defend …
Read More »Canadian Dollar: Trying to Hold on to Above Support
The support levels published during the previous analysis, located at 1.2500, were able to limit the bearish tendency that the Canadian dollar witnessed, to start the bullish rebound once again, stabilizing above 1.2550. Technically speaking, and with a closer look at the chart at a 240-minute chart, we find that …
Read More »Gold Kicks in on The Downside
Gold prices started their first weekly session with a bearish bias, as a result of hitting the resistance level 1758, in order for the current moves to stabilize below the aforementioned level. Technically speaking, the clear signs of negativity on Stochastic support the occurrence of a bearish bias during the …
Read More »Dax Maintains Positive Stability
The German DAX index was able to achieve the first required target located at the price of 15,260, recording a high of 15,270. Technically, with the index price consolidating above 15,160/15,150 support, which is accompanied by the positive stimulus of the 50-day moving average. This encourages us to maintain our …
Read More »Dow Jones Stable Above Support
The Dow Jones Industrial Average maintains positive stability touching the first target to be achieved, at 33,445, recording its highest price of 33,471. On the technical side, the RSI indicator continues to get positive signs, and this comes in conjunction with the stochastic concentration around overbought areas. From here, intraday …
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