Tag Archives: technical

A bullish rally was witnessed in gold prices during yesterday’s session, nullifying the negative outlook as we expected. Therefore, we relied on the intraday instability below the 1799 resistance level after on the main support level 1768. On the technical side, there is a conflict between the technical signals, we …

The Canadian dollar continued moving within the bullish correction path we mentioned in the previous analysis, touching the first correction target at 1.2455, recording the highest level at 1.2457. Today’s technical aspect indicates the possibility of continuing the rise, relying on the positive motive of the 50-day moving average that …

Gold prices declined significantly during the last session, touching the official stations targeted during the previous analysis at 1768 and then 1757, recording the lowest price of 1757. The technical picture indicates the possibility of continuing the decline, based on the price stability below the 50-day moving average, which still …

The German DAX index surged during the previous session, surpassing the official target at 15,910, recording its highest level of 15,948. Technically, the daily trend is bullish due to the stability of intraday trading above the 15,830 support level, accompanied by the positive motive for the 50-day moving average and …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective context referred to during the previous analysis after it succeeded in building on the support floor of 1.2300, recording the highest price at 1.2414. Technically, we notice the return of the 50-day moving …

The pivotal resistance at 1799 managed to put selling pressure on gold prices, heading towards touching the first awaited target at 1781, recording its lowest level at 1779. Technically, we notice the continuation of the clear negative pressures on the simple moving averages, and we find the 50-day moving average …

The German DAX index witnessed positive trading within the expected bullish path, touching the first target at 15,780 and approaching the second target of 15,860, recording the highest of 15,840. Technically, we find the 50-day moving average that supports the rise, in addition to the positive signals coming from the …

The Canadian dollar maintained its limited gains that were achieved at the end of last week’s trading, after it succeeded in establishing a good support floor around the 1.2300 level, and is still hovering around its highest level during today’s early trading session 1.2390. Technically, we notice the return of …

Positive attempts for the yellow metal in the previous session, retesting the main resistance level at 1799, recording its highest level at 1795. Technically, and carefully looking at the 4-hour chart, we notice the 50-day moving average is still an obstacle for gold to achieve further rise. We also find …

The support levels published during the previous analysis, represented by our required target of 15,480, were able to limit the bearish bias, which forced the German DAX to trade positively, benefiting from touching our awaited target. Technically, we find the 50-day moving average that supports the rise, in addition to …