The technical outlook remains unchanged, and the pair’s moves have not changed little, maintaining the positive stability in attempts to complete the upward correction. In terms of technical analysis today, the pair continues to get a positive stimulus from the 50-day moving average, in addition to holding above 1.2700. Therefore, …
Read More »Gold Touches First Target And Negativity in Place
Negative trading dominated the price of the yellow metal during the early trading session of the current session within the expected bearish context, in which we depended on the fact that the activation of selling positions requires that we witness a clear breakout and stability of the price below 1851, …
Read More »Bitcoin Tilted to The Downside
Negative trading controls the movements of Bitcoin after it found a strong resistance level around 32,000, as the current moves witness a stable bearish slope near the lowest level during the session. The technical side indicates the possibility of continuing the decline due to the negative pressures of the simple …
Read More »German DAX Gives up Gains
The German DAX index declined to record strong losses, recording its lowest levels at 13,586. On the technical side, with the index’s failure to maintain trading above the support level of 13,800, which is now converted into a resistance level, this comes in conjunction with the negative pressure of the …
Read More »Dow Jones Suffered Losses
The Dow Jones Industrial Average suffered strong losses during the previous session’s trading, cancelling the positive outlook, as we expected it to reach its lowest level at 30,455. On the technical side today, and with a closer look at the 60-minute chart, we find that there is a conflict in …
Read More »Canadian Dollar Complete Bullish Correction
Positive trading dominated the moves of the Canadian dollar, to complete the minor bullish correction that had previously taken place, benefiting from building on the support floor of 1.2700. From a technical analysis angle, the pair continues to get a positive stimulus from the 50-day moving average, in addition to …
Read More »Gold Waiting For a New Signal
Negative trading dominated the yellow metal yesterday after it found a strong resistance near 1865, which forced it to re-test the 1838 support level. On the technical side, today we find the RSI trying to provide bullish signs of a rebound on short time frames, supported by the continued obtaining …
Read More »Bitcoin May Witness a Slight Bullish Tendency
The current movements of Bitcoin are witnessing a slight bullish bias after several consecutive sessions of strong decline, recording 28,935. Technically, we tend to the intraday positivity, but with caution, relying on the positive motive of the 50-day moving average in addition to attempts Relative strength index for bullish momentum. …
Read More »German DAX Maintain Bullish Bias
The technical outlook remains unchanged, and the index’s movements did not change significantly, preserving positive stability. On the technical side, the 50-day moving average is still holding the price from below, and we find the RSI indicator providing signs that tend to be positive. Therefore, the bullish bias is likely …
Read More »Dow Jones Maintains Bullish Path
The Dow Jones industrial average maintains positive stability in the New York Stock Exchange, generally stable above the support floor 30,790. On the technical side today, and with a closer look at the chart, the stochastic indicator is still around overbought areas, and the RSI indicator is stable above the …
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