Negative movements dominated the Dow Jones Industrial Average, surpassing the official target required to be achieved during the previous technical report at 30,800, to record its lowest price, at 30,512. On the technical side, the RSI indicator tends to be negative, in addition to trading stability below the previously broken …
Read More »Canadian Dollar Continue to Rise
Trading turned to the positive after the Canadian dollar managed to maintain the intraday trading level above the solid support floor located at 1.2600. In terms of technical analysis, the album we tend to be positive, depending on the stability of trading above the aforementioned support, accompanied by the positive …
Read More »Gold Achieves Official Goals, All Eyes on Jobs
Gold prices incurred heavy losses during the previous trading session, within the expected downward trend, touching the required official target at 1688. On the technical side today, and with a closer look at the 4-hour chart, we find the price now hovering around pivotal support levels of 1690, Fibonacci retracement …
Read More »Dow Jones Breaks Support
Strong declines dominated the movements of the Dow Jones Industrial Average yesterday within the bearish path mentioned in the previous analysis, touching the official target station at the price of 31150, recording the lowest price of 30985. On the technical side today, with the index falling to maintain trading above …
Read More »Dax Touches Desired Targets
The German DAX index succeeded in achieving the second target to be touched during the previous analysis, located at a price of 14,170, to succeed in reaching its highest level at 14,193. On the technical side today, we tend to be positive in our trading, relying on the stability of …
Read More »Canadian Dollar Continue to Rise
The Canadian dollar’s efforts continue to maintain the bullish trend within a gradual rise to the downside, approaching our first target required to be achieved during the previous analysis, 1.2680, recording the highest of 1.2675. Technically speaking, we find that the pair maintains stability above the 50-day moving average that …
Read More »Gold Continues Negative Path
Strong negative trades dominated gold prices during the previous trading session within the expected bearish context, gradually approaching the target of 1697, recording the lowest price of 1700. On the technical side today, the intraday trading remains below 1620 and the most important 1626 supports the negativity. By looking at …
Read More »Bitcoin Waiting For a Clearer Trend
Positive trades dominated Bitcoin during the previous trading session, after finding a support floor around 48,820. Technically, we find the 50-day moving average holding the price from below, coinciding with the positive signs of the RSI, on the other hand, we find the stochastic indicator trading around overbought areas. Conflicting …
Read More »German Dax Maintains Gains
The German DAX index succeeded in achieving noticeable gains within the expected bullish path in the previous analysis, touching our awaited target at 14080, reaching its highest level at 14096. Technically speaking, the index succeeding in building a base on 13945 support floor accompanied by the positive stimulus of the …
Read More »Dow Jones Tends to Negative Intraday
Mixed trades dominated the movements of the Dow Jones Industrial Average on Wall Street, to settle for recording a low of 31280. On the technical side, we see the index is stable below the pivotal resistance published during the previous analysis 31,635/31,640, and we find the RSI indicator continues to …
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