Tag Archives: technical

Mixed trading dominated gold’s movements during yesterday’s trading session, affected by the Federal Reserve’s decision to raise interest rates by 75 basis points, recording the highest at 1841 and the lowest around 1807. On the technical side, today, the current moves are witnessing stability below the resistance level of 1842, …

The Canadian dollar continues its bullish movements within the bearish context published during the previous analysis, touching our required official target at 1.2910 to record the highest level at 1.21975. Technically, the current movements of the pair are witnessing a limited bearish tendency as a result of reaching the overbought …

Gold incurred noticeable losses during the previous trading session after it failed to maintain trading above 1850, confirming the break of 1838, explaining in the last report that breaking the mentioned levels is a sign of a shift in the trend to the downside, with targets of 1831 and 1810, …

Notable gains were achieved by the Canadian dollar within the expected bullish path during the previous report, touching the extended target required to be touched at 1.2810, recording its highest level during the early morning trading of today’s session at 1.2820. Technically, and by looking at the 4-hour chart, we …

Gold’s movements witnessed strong trading at the end of the last week’s trading, heading to touch the second bearish target published last Friday at 1825, recording its lowest level at 1825, resuming the strong bullish rebound recording its highest level at 1879. On the technical side today, the pair achieved …

The Canadian dollar jumped, achieving strong gains during the previous trading session, within the idea of ​​the expected bullish bias, bypassing the official target price station 1.2660, to record the highest level at 1.2710. Technically, and with the pair beginning to attack the resistance level of the psychological barrier, we …

Sideways trading in a narrow range still dominated gold’s movements, confined from the bottom above the support level of 1838 and above below the resistance level of 1855. Technically, and by looking at the 4-hour chart, we tend to the negativity, relying on the price stability below 1850, and the …

The movements of the Canadian dollar witnessed a positive trading session within the idea of ​​a bullish bias, as we expected during the previous analysis, building on the 1.2500 support floor to achieve a bullish slope that targeted a retest of 1.2570. From the technical analysis point of view today, …

Narrow sideways movements tended to the positivity that dominated the gold price movements during the previous trading session. Therefore, we adhered to intraday neutrality, explaining that consolidation above 1855 increases the possibility of touching 1865, so gold is satisfied with recording the highest price of 1860. On the technical side …

The Canadian dollar achieved the idea of ​​the bullish bias published during the technical analysis of yesterday’s session, touching the required retest target at 1.2620 and recording its highest level at 1.2620. Technically and with careful consideration on the 60-minute chart, the current movements are witnessing intraday stability above the …