Tag Archives: technical

The Canadian dollar managed to consolidate, maintaining positive stability above the previously breached resistance level 1.2730, touching the first target at 1.2770, recording its highest level during the early trading at 1.2770. Technically, with the pair’s success in establishing a solid support floor in general above 1.2665, in addition to …

Gold prices jumped during the early morning trading after it succeeded in breaching the resistance level of 1905, explaining last Friday that the breach of the mentioned level can extend gold’s gains to visit 1916, recording its highest level at 1914. Technically, the price’s success in building an intraday basis …

In the previous session, the German DAX index declined significantly after failing to maintain trading above the support level published during the last analysis at 15,300. The decline below the mentioned level puts the price under strong negative pressure targeting 15,150, recording its lowest price of 15,123. On the technical …

The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly within a stable sideways price range from below the 1.2665 support floor and from above below the 1.2730 resistance level. Technically, and carefully looking at the 4-hour chart, we notice the positive crossover signs …

The yellow metal prices achieved noticeable gains during the previous trading session, attacking the psychological barrier of 1900 within the ascending path, in which we relied on consolidation above the level of 1878, explaining that push to visit 1892, recording the highest of 1901 during the early trading of the …

Positive trading dominated the movements of the German DAX index within the expected bullish path mentioned in the previous analysis, touching the first target at 15,400, recording its highest level at 15,531. Technically, by looking at the 60-minute chart, the index is still consolidating above the minor support level of …

The support levels published during the previous analysis, at 1.2665, managed to limit the bearish bias that occurred during the middle of the last session’s trading, which contributed to pushing the price higher above the 1.2700 level. Technically, by looking at the 4-hour chart, we notice the positive crossover signs …

Positive moves dominated gold trades after testing the ascending channel’s support around 1844, which pushed it to rebound in the bullish direction to settle above 1859 resistance, and intraday stability above 1865. Technically, by looking at the 240-minute chart, we notice that the price continued to obtain a positive stimulus …

The German DAX index jumped, achieving notable gains, recording its highest level at 15,426, moving away from the pivotal support level 15,000. On the technical side, today, there may be a possibility to resume the rise that started yesterday due to the positive motive coming from the 50-day moving average, …

Limited sideways trading tends to the little positivity above the psychological support level of 1.2700 and below the resistance level of 1.2770. Technically, the 50-day SMA is trying to provide a positive motive and the attempts of Stochastic to obtain more bullish momentum. With intraday trading remaining above the breached …