Positive movements are trying to control the German DAX index, taking advantage of the intraday stability above the support floor of 15,880. On the technical side, we tend to the limited positivity, but with great caution, relying on the attempts of the RSI to obtain positive signs and stabilize trading …
Read More »The Canadian Dollar: a Conflict in Technical Signals 18/1/2022
The Canadian dollar witnessed mixed movements during last week’s trading after hitting the pivotal resistance level at 1.2610. Technically there is a conflict in the technical signals between the RSI attempts to obtain positive signals that increase the possibility of a rise, the attempts of Stochastic to get positive signs, …
Read More »Gold Forming Pressure on Support 18/1/2022
The yellow metal started the current session’s trading with a bearish tendency after difficulty surpassing the upside and settling above the strong resistance level located at 1826 price, which forced it to move negatively and stable around its lowest level during the early trading of the current session 1816. Today’s …
Read More »The Canadian Dollar Touches The Desired Goal 14/1/2022
Negative trading dominated the movements of the Canadian dollar as we expected, touching the required goal for the bearish technical structure mentioned in the previous analysis at 1.2465, recording its lowest price at 1.2453. Technically, the current moves are witnessing attempts to rebound to the upside as it closed yesterday’s …
Read More »Gold Maintains Gains 14/1/2022
The technical outlook remains unchanged, to find that the prices of the yellow metal are trading positively, maintaining the gains that were achieved during this week’s trading, reaching the highest of 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the support level …
Read More »German DAX Retests Support 13/1/2022
The German DAX index managed to touch the first target published during the previous analysis, at 16,050, to record its highest level of 16,065. The current movements of the index are witnessing a decline as a result of hitting the resistance level 16,065 represented in the previous target, as we …
Read More »The Canadian Dollar Continues to Retreat 13/1/2022
Negative trading dominated the movements of the Canadian dollar as we expected to touch the required target for the bearish technical structure mentioned in the previous analysis at 1.2500, recording its lowest price during the early trading of the current session 1.2495. Technically, The negative pressure of the 50-day moving …
Read More »Gold Continues to Rise 13/1/2022
The yellow metal prices consolidated its gains at the expense of the US dollar’s decline, heading to touch the target price station during the last analysis at 1828, recording its highest level at 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the …
Read More »Germany’s DAX Makes Remarkable Gains 12/1/2022
The German DAX index achieved noticeable gains within the bullish path published in the last report, recording its highest level at 15,995. Technically, we tend to be positive, but cautiously, relying on the stability of the 14-day momentum indicator above the 50 mid-line, in addition to the index’s success in …
Read More »The Canadian Dollar Touches The First Target of The Bearish Path 12/1/2022
The Canadian dollar managed to achieve the bearish path published during the technical report yesterday, heading towards touching the first target of the previously mentioned bearish technical structure 1.2570, recording its lowest price during the early trading of the current session 1.2545. Technically, and with the continuation of the negative …
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