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 …
Read More »Canadian Dollar Trying to Consolidate
Mixed trades dominated the Canadian dollar’s movements during the previous trading session and is still confined, from the bottom above 1.2600 and from the top below 1.2700. Technically speaking, the pair is turning around the support level at 1.2640, trying to build a base above the 50-day moving average. We …
Read More »Positivity of Gold Still Limited
Gold prices rebounded to the upside, taking advantage of building a base on the strong support floor located at 1714, to retest the 1740 resistance level. On the technical side, and by looking at the chart, despite the bullish tendency, we still tend to be negative, relying on the negative …
Read More »Bitcoin Trading Negatively
Negative trades dominate Bitcoin’s movements in the short time periods, after finding a solid resistance level around 49300. Technically speaking, we tend to be negative, depending on the stability of trading below the aforementioned resistance, in addition to the negativity of the Stochastic indicator. Confirmation of breaking the 48410 level …
Read More »German Dax Maintains Its Gains
Positive trading dominated the movements of the German DAX index within the expected upward path, touching the official target station of 14,000, to record a high of 14,030. On the technical side today, with the price stabilizing above the support level of 13, 920 and in general above 13, 870 …
Read More »Dow Jones Re-test Support
The Dow Jones Industrial Average succeeded in achieving the expected positive outlook mentioned in the previous analysis, touching the second target to be achieved, which is located at 31,490, recording its highest level during the previous session’s trading 31,634. On the technical side today and in the short time intervals …
Read More »Canadian Dollar Continue to Rise
The Canadian dollar is continuing its positive trading within the expected bullish path after it successfully retested the support level of 1.2640. Technically speaking, we will maintain our positive outlook based on trading stability above the 50-day moving average, which is accompanied by the clear positive signs on the stochastic …
Read More »Gold under Selling Pressure
We kept our intraday neutrality of the previous analysis due to the conflicting technical signals, indicating that to resume the bearish trend, we need to see a break of 1717, targeting 1700, recording its lowest level during early trading for the current session at 1707. Technically speaking today, and by …
Read More »Bitcoin Needs Some Caution
Positive trades are dominated Bitcoin, to record its highest price during early trading of the current session at 46,516. On the technical side, there is a conflict between the positive motive coming from the 50-day moving average, and the negativity on the stochastic indicator. We will remain neutral due to …
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