Tag Archives: technical

Gold prices managed to touch the first target published during the previous analysis, located at the price of 1865, recording its highest level during the first trading sessions of this week around 1865. Technically, prices fell within a limited bearish slope that aimed to retest the 1850 support level, and …

The Canadian dollar declined significantly within the expected negative outlook during the last analysis, explaining that the confirmation of the pair breaking the 1.2770 support level leads the pair to achieve losses at our target of 1.2710, recording its lowest level at 1.2695 during the early trading of the current …

Quiet positive trades dominated gold’s movements during the previous session’s trading. After retesting the strong support level at 1840 price, it returned within the bullish path, now stable around the session’s highest level around 1857 resistance. Technically, we explained yesterday that the condition for continuing the rise is cohesion above …

The Canadian dollar declined noticeably within the expected negative outlook. We relied on the price stability below the 1.2850 resistance level, explaining that trading below 1.2800 leads the pair to visit our first target 1.2755, recording the lowest at 1.2745 during the early morning trading. Technically, the pair achieved a …

Quiet positive trades dominated gold’s movements during the previous session’s trading. After retesting the strong support level at 1840 price, it returned within the bullish path, now stable around the session’s highest level around 1857 resistance. Technically, we explained yesterday that the condition for continuing the rise is cohesion above …

The Canadian dollar managed to achieve some modest gains during the previous trading session and is still hovering around the retest target required to be achieved around 1.2840. Technically, we tend to the negativity, but with caution, relying on the clear negative signs on the stochastic indicator, which started losing …

Negative movements dominated gold prices during the previous trading session within a limited bearish tendency after failing to maintain trading above 1850 to retest 1840 successfully. On the technical side today, we find the 50-day moving average that continues to support the bullish price curve and the stability of daily …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals to find the Canadian dollar for the second consecutive session, unable to break the strong support level at 1.2770 and obtain a positive closing above the mentioned level to retest 1.2870. Technically, we tend in …

Gold prices jumped with this week’s trading, beginning within the expected bullish context during the last report. We relied on the stability of trading above the 1830 support floor, touching the required target 1857, recording its highest price yesterday at 1865. On the technical side, we notice clear positive crossover …

Trading tilted to the negative, which dominated the Canadian dollar’s movements yesterday, to find a solid support floor near the 1.2770 level, forcing it to rebound to the upside. It is now hovering around the 1.2810 level. Technically and carefully considering the 4-hour chart, we find a conflict in the …