- Naranj Research Desk
The Dubai Financial Market General Index (DFMGI) is showing strong bullish momentum, having recently broken through a key resistance zone and now holding above it.
This marks a significant multi-year breakout, potentially setting the stage for a move toward its all-time high.
The rally is also supported by a series of business agreements between the U.S. and the UAE announced during President Donald Trump's recent Gulf visit.
With these positive developments and assuming continued macroeconomic stability, the index is likely to maintain its upward trend in the near to medium term.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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