Tag Archives: technical

The yellow metal prices maintained the bullish bias after stabilizing intraday above the previously breached resistance level at 1797. Technically, by looking at the chart, we notice a conflict of technical signals between the continuation of the positive motive for the 50-day moving average, which still supports the bullish price …

The German DAX index found a strong resistance level around 15590, which forced it to trade negatively from retesting the 15و470 support level and hovering around this level with the opening of the first weekly sessions. Technically, we notice the clear negative signs on Stochastic, which started to lose the …

The pivotal support level mentioned in the previous analysis managed to limit the bearish tendency seen in CAD during the past week, to cap the bullish bounce within the expected technical outlook, through which we targeted a retest of 1.2380, recording a high of 1.2390. Technically, and by looking at …

Gold prices surged significantly at the end of last week’s trading, within the expected bullish path in the previous analysis, in which we relied on confirming the breach of 1789, targeting 1799 to surpass the official target station, recording the highest of 1813. Technically, by looking at the 4-hour chart, …

The Canadian dollar was able to activate the idea of ​​retesting the resistance published during the previous analysis. We relied on intraday stability above the 1.2300 support level to raise risk appetite for an intraday rise towards our awaited target of 1.2375, recording the highest level at 1.2388. Technically, despite …

Bearish trading tends to the positivity that dominated gold’s movements during the previous trading session, and there was no significant change in the technical signals. On the technical side today, we find the simple moving averages still supporting the bullish price curve, accompanied by positive signals coming from the RSI …

The German DAX index hit the pivotal resistance level published during the last analysis, represented by our official target during the previous report at 15,550, recording its highest level at 15,550, trading with negativity during the current session. Technically, we are inclined to the negativity, relying on the stability of …

The Canadian dollar declined significantly, touching the required target for the second consecutive session at 1.2300, recording its lowest level during the Asian session’s trading of 1.2288 for the current session. Technically, despite the official bearish trend accompanied by the continuation of negative pressure from the simple moving averages, we …

The yellow metal prices are moving marginally to the upside, recording its highest level during the previous trading session 1789, after building on the support of 1770. On the technical side today, we find the simple moving averages still supporting the bullish price curve, accompanied by positive signs coming from …

Positive attempts witnessed the movements of the German DAX index, recording its highest level at 15,510. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on the stability of the intraday trading above the support level of 15,450 and in general above 15,400, in …