Tag Archives: technical

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 …

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 …

Quiet trading tilted to the negative, dominating the movements of the Canadian dollar within a gradual decline to the downside, as we expected, approaching by a few points from the published target 1.2775, recording a low at 1.2783. From the angle of technical analysis today, the current trading levels for …

Positive movements dominated gold prices to reflect the temporary bearish trend referred to during the previous report, in which we relied on the stability of trading below 1830, and to remind us, we explained yesterday that skipping upwards above 1830 leads gold directly to visit 1842, recording the highest 1849, …

Mixed trades dominated the movements of the Canadian dollar during the last session’s trading to succeed in retesting the resistance level required to be touched during the previous analysis at 1.2895, recording its highest level at 1.2895. Technically, the 50-day simple moving average started to pressure the price from above, …

Gold prices maintained negative stability within the expected bearish context during the previous analysis after finding a strong resistance level around 1827, which forced the price to trade negatively again, maintaining the same technical conditions of the last report. On the technical side, the current moves of gold are witnessing …

Quiet trading dominated the movements of the Canadian dollar, tending to the negative after it temporarily failed to maintain stability above the 1.2880 support level, approaching the target that is required to be visited around 1.2775, recording its lowest level at 1.2795. Technically, there are cohesion attempts above the psychological …

We adhered to intraday neutrality during the last report due to the conflicting technical signals and the lack of clarity of direction, explaining if the breach of the 1832 resistance level is confirmed, this is a catalyst factor that may enhance the chances of the price rising to visit 1840, …