Tag Archives: technical

During the previous analysis, the German DAX index declined to reflect the expected bullish trend, only to record its highest level during the last session’s trading at 14,620. Technically, today, the current movements of the index are witnessing the price’s pivot below the 14,500 area, most importantly below 14,550, and …

The Canadian dollar declined noticeably during the last trading session within the expected bearish context, explaining that the breach below the 1.2470 support floor increases the negative pressure on the pair to touch 1.2370, recording a low at 1.2400. Technically and by looking at the 4-hour chart, we notice the …

Gold prices managed to achieve the first goal published during the last analysis in 1918, after it succeeded in touching the support floor of 1925, as we explained previously, recording its lowest price in 1917. Gold’s movements are still stuck within a sideways range, as we mentioned during the previous …

Positive trades dominated the movements of the German DAX index on the Frankfurt Stock Exchange, building on the 14,450 support level, recording the highest, around 14,590. Technically, by looking at the 60-minute chart, with the stability of trading above the mentioned support, accompanied by the indicator obtaining positive signals from …

The Canadian dollar found it challenging to break the critical support floor for the current trading levels at 1.2470, representing one of the most critical directional keys that helped it retest 1.2540. Technically, and by looking at the 4-hour chart, we notice the pair’s attempts to gain additional momentum from …

Prices of the yellow metal were able to touch the first target required, in which we relied on confirming the break of the strong support floor 1925, targeting 1915 initial stations, recording its lowest level at 1915. Technical Vision The intraday movements of gold are witnessing a return to stability …

The Canadian dollar’s trying to obtain more bullish momentum to continue working within the bullish correction, benefiting from building a base on the 1.2465 support floor, trying to stabilize above the psychological barrier of 1.2500. Technically, and with careful consideration of the 4-hour chart, we find attempts by the 50-day …

Gold prices achieved the expected bearish scenario, approaching a few points from the official station required to be touched around 1916, recording its lowest level in 1917. Technically speaking, and by looking at the 4-hour chart, we find the simple moving averages continuing the negative pressure on the price from …

The German DAX index jumped, achieving noticeable gains, as we expected, touching our awaited target of 14,555 to record its highest level, 14,644. On the technical side, today, we tend to the positivity, relying on the stability of trading above the support level of 14,360 and the positive stimulus coming …

As we expected, a bullish corrective bias dominated the Canadian dollar’s movements yesterday, touching the corrective target at 1.2590, recording the highest price at 1.2592. Technically, we notice that the pair succeeded in building a base of 1.2480 support, located around the 50.0% Fibonacci correction, accompanied by the clear positive …