The Dubai Financial Market General Index ( DFMGI ) ended its last day (April 04, 2017) trading session by gaining 0.58% to close at 3,559.69. Last five consecutive days the benchmark index ended in a positive note
Following a breakout from a relatively large Double Bottom trend reversal pattern in late-November (breakout above 6,875.69) of last year the Tadawul All Share Index (TASI) pulled back and has been consolidating
Last week the Kuwait Stock Exchange Index (KSE) was up 5.4% to close at 6,435.74, while volume spiked to the highest level since June 2013. This is the thirteenth consecutive week of gains and last week’s rise put
Given the recent behavior of the Tadawul All Share Index (TASI) (Saudi Stock Exchange) a deeper retracement seems likely before the index is ready to resume its uptrend. The bigger picture includes some
The U.S. dollar index (DXY) continues to strengthen following very positive long-term bullish price behavior. Although retracements will be seen in the short-term, upward pressure should remain for some time.
Spot gold (XAU/USD) remains in a long-term downtrend following a test of resistance at the long-term downtrend line over multiple weeks from July to September, and then again in November. A swing high of $1,375.15 was
2016 can be another year of weak performance for the emerging markets. USD/CNY chart will have significant impact on emerging market currencies and equities. In the second half of 2015, sharp devaluation of the Yuan...
Euro Vs WTI Crude Oil showing tops & bottoms; History suggest that Euro tops & bottoms before Crude Oil EURUSD Weekly Chart - Long term uptrend intact indicating a bottom at 1.0538...
UAE markets pull back from prior week highs
UAE markets flounder as they wait for greater conviction
UAE markets split as Dubai falls while Abu Dhabi strengthens
Will oil’s dive put further pressure on UAE markets?