The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly, trying to maintain the bullish corrective path, stable intraday above 1.2400, and in general above 1.2370, the 61.80% Fibonacci correction as shown on the chart. Technically, the stochastic is trading with negativity, and the …
Read More »Gold Touches The First Target
During the previous analysis, a quiet rise in gold prices within the expected bullish path, touching the first official leg of the current rally at 1830, recording its highest level at 1832. Technically, looking at the 4-hour chart, we see that the current movements are witnessing stability below the pivotal …
Read More »German Dax Presses Support
The German DAX index managed to achieve good gains during the first trading sessions of this week, recording its highest level around the strong resistance level 16060. On the technical side, we are inclined in our trading to the negative, relying on the stability of the intraday trading below the …
Read More »The Canadian Unchanged
The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly, trying to maintain the bullish corrective path, stable intraday above 1.2400, and in general above 1.2370, the 61.80% Fibonacci correction as shown on the chart. Technically, the stochastic is trading with negativity, and the …
Read More »Gold is Gradually Rising
The technical outlook is unchanged, and there was little change in the yellow metal after it succeeded in stabilizing above the psychological barrier of 1800 within an ascending path, approaching a few points from the target published in the previous analysis at the price of 1830, recording its highest level …
Read More »German Dax Achieves Remarkable Gains
A noticeable rise for the German DAX index, touching the first target at 16,020, to record its highest level at 16,053. On the technical side, the daily trend is still bullish due to the stability of the intraday trading above the support level 15,790/15,780 and the positive signals from the …
Read More »The Canadian Finds a Strong Resistance
The resistance levels published during the previous analysis, at 1.2480, were able to limit the bullish correction tendency referred to during the last analysis, touch the target level, and start trading negatively again. From the angle of technical analysis today, stochastic is trading with negativity. The stability of the intraday …
Read More »Gold Breaks Through The Resistance
We adhered to intraday neutrality during the previous report, due to the conflicting technical signals, to notice the bullish rush witnessed by the yellow metal at the end of last week’s trading, and to remind us that to confirm these buying positions, it requires breaching 1799 to target 1816 to …
Read More »Dax Achieves Remarkable Gains
A noticeable rise for the German DAX index, touching the first target at 16,020, to record its highest level at 16,053. On the technical side, the daily trend is still bullish due to the stability of the intraday trading above the support level 15,790/15,780 and the positive signals from the …
Read More »Canadian Dollar Touches Target
The Canadian dollar succeeded in maintaining its gains within the bullish corrective slope mentioned yesterday, touching the first target for the bullish correction at 1.2480, recording the highest price at 1.3477. Technically, the current movements are witnessing stability for the pair above 1.2400, supported by the positive stimulus of the …
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