Tag Archives: technical

The German DAX index continues to rise after finding a good support level around 15,370, to record its highest level during the previous trading session of 15,550. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on trading above the published support above, in …

The strong resistance level at 1.2400 managed to cap the bullish bias yesterday, which forced the pair to trade negatively again, settling around its lowest level during the morning session, 1.2340. Technically, and with trading below the previously broken support-into-resistance at 1.2390, in addition to the continuation of the negative …

Gold prices found a good support floor near the 1760 level to return to the limited bullish bounce and hovering around its highest level during the early trading of today’s session at 1775. Looking at the 240-minute chart, we notice the positive motive coming from the 50-day moving average, which …

The Canadian dollar maintains the bearish path as expected, touching our awaited target during the previous trading session at 1.2365, recording its lowest level at 1.2350. Technically, with the stability of trading below the previously broken support-into-resistance at 1.2420, in addition to the continuation of the negative pressure coming from …

The technical outlook is unchanged, and the movements of gold did not change significantly during the previous trading session, as part of attempts to breach the resistance level of the psychological barrier 1800, unable to breach it so far. Technically, by looking at the 4-hour chart, we notice a conflict …

Positive trades dominated the movements of the German DAX index to record its highest level during the previous trading session at 15,285. On the technical side today, we notice that intraday trading tends to be positive due to the index’s bullish momentum from the RSI and the stability of the …

Negative trading dominated the movements of the Canadian dollar for several sessions in a row after it failed to settle above the 1.2500 resistance level, which forced the pair to settle below 1.2460. Technically, with the pair’s failure to maintain trading above 1.2460 and the negative pressure of the 50-day …

The yellow metal achieved noticeable gains yesterday, nullifying the negative outlook as we expected. We relied on the trading stability below the 1770/1768 resistance level, touching the stop-loss order at 1770. We mentioned that any attempts to breach 1770 would cancel the bearish scenario immediately and lead Gold to achieve …

The German DAX index succeeded in touching the first bearish target required to be achieved during the previous report, which is located at the price of 14980, recording its lowest level at 14990. Today, we tend to continue falling, relying on the stability of trading below 15200, in addition to …

The Canadian dollar failed to confirm breaching the psychological resistance level of 1.2500, which we mentioned during the previous analysis. Instead, it represents the key to the beginning of a bullish bias, which forced the pair to trade negatively again, recording the lowest level at 1.2434. Technically, today, and carefully …