Tag Archives: technical

The Canadian dollar did not change much, maintaining the downside path after failing to retain trading above the 1.2595 level. Technically, and by looking at the 240-minute chart, we notice that the pair started to pressure the 1.2585 support level accompanied by the continuation of the negative pressure coming from …

The intraday movements of gold prices witnessed a bearish tendency during the previous trading session, within the expected bearish path, in which we relied on confirming the breach of the 1925 support level to visit 1908, recording the lowest level at 1910. On the technical side, gold prices are witnessing …

The Canadian dollar failed to retest the resistance of 1.2640 as we expected. Instead, we relied on the positive signs on the momentum indicator, explaining the idea of ​​retesting the general bearish trend, recording the lowest price at 1.2565. Technically, by looking at the 240-minute chart, we notice that the …

Gold failed to confirm breaking the pivotal support level published during the previous report at 1925, explaining that the mentioned support level represents the key to protecting the bullish trend on the intraday term to conclude the previous session’s trading above 1925 and is now hovering around its highest level …

Negative trading dominated the movements of the Canadian dollar at the end of the week’s trading, recording its lowest level around 1.2588 after it failed to maintain trading above the 1.2670 level. Technically, we find that the 14-day momentum indicator is trying to provide positive signals accompanied by the stability …

The current moves of gold are witnessing a bearish slope, but it is still limited, as the recent moves settle below the minor resistance level at 1936. Technically, and by looking at the chart with a 240-minute chart, we notice the price stability below the 50-day moving average, which continues …

The Canadian dollar maintains positive stability within attempts to gradually rise, approaching a few points at the target of 1.2800, recording the highest at 1.2790. Technically, with the pair’s success in establishing a solid support floor in general above 1.2665 and the movement above the 50-day moving average, in addition …

The yellow metal prices faced a pivotal resistance level of 1916, clarifying that the price behavior should be monitored around this level in the medium term, forcing the pair to trade negatively to retest the strong demand area published in the previous report at 1892. On the technical side today, …

The German DAX index started its daily trading with a strong bearish tendency, achieving losses below the 14500 barrier, recording a low at 14,380. Technically, the price built below the previously broken support-into-resistance 14,500, in addition to the negative pressure of the simple moving averages that support the daily bearish …

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 …