Tag Archives: technical

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 …

Mixed movements dominated the gold prices during the last trading session, recording the highest level at 1880, which formed a negative pressure factor that forced the price to retreat strongly towards the retest of 1844. On the technical side, today, and carefully looking at the 4-hour chart, we notice the …

The movements of the German DAX index witnessed negative trading, recording its lowest level at 15,110 after it recorded the highest at 15,500. Technically, by looking at the 60-minute chat, we notice that the stochastic indicator continues to receive negative signals, accompanied by the momentum indicator gaining negative signals on …

The Canadian dollar is trying to maintain its recent gains during last week’s trading, after it sought to establish a solid support floor around 1.2665, to witness intraday movements stability above 1.2700. Technically, the return of the simple moving averages provides a positive motive and the clear positive crossover signs …

The prices of the yellow metal surged remarkably at the end of the trading week that ended last Friday, recording its highest level around $1,865 per ounce, after it succeeded in breaching the resistance level of 1836. From the angle of technical analysis today, we notice that the 14-day momentum …

Negative trading returned to dominate the movements of the German DAX index as the resistance level 15,600 managed to limit the gains, to consolidate around its lowest level during the morning trading session around 15,350. Technically, the simple moving averages put pressure on the price, the stochastic losing the bullish …

The movements of the Canadian dollar witnessed positive trades after it ended its daily transactions above the pivotal support floor published during all the reports of this week 1.2665, which forced it to rebound upwards stable above the resistance level of 1.2730. Technically, the return of the simple moving averages …

The yellow metal prices managed to touch its target at 1842, recording its highest level during the last session’s trading of 1842, returning to the negativity again due to hitting the resistance level of 1842 represented by the first bullish target. Technically, by looking at the 4-hour chart, we notice …

Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …

Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …