Tag Archives: technical

Positive trades dominated the German DAX index after maintaining trading above the support level of 15,430, stable around its highest level of around 15,585. Technically, we tend to be positive, but cautiously, relying on the positive crossover signals on Stochastic, in addition to the positive motive of the 50-day moving …

The Canadian dollar witnessed random, erratic trading but tended to the positive as the pair stabilized above the 1.2700/1.2720 support level. From the point of view of technical analysis, we are still inclined to the positivity, but cautiously, relying on the stability of trading above the mentioned support and the …

Gold’s movements witnessed random trades affected by the Federal Reserve’s decisions yesterday, with total bearish performance, to witness intraday stability below 1774, and in general, below 1780. On the technical side today, looking at the 240-minute chart, we notice the negative impact of the bearish technical structure shown on the …

The German DAX index managed to retest the resistance level at 15,360, the first target, recording the highest 15371. On the technical side, the current movements of the index are witnessing negative pressure as a result of trading stability below 15,340, and most importantly, 15,360, in addition to the negative …

Positive trading dominated the movements of the Canadian dollar during the previous trading session within the bullish context, as we expected, approaching by a few points from the published target of 1.2860, recording its highest level at 1.2850. Technically, and by looking at the 4-hour chart, we notice that the …

Positive trading dominated the prices of the yellow metal yesterday, nullifying the negative outlook as we expected and touching the stop losses order published during the previous analysis at 1771; we indicated yesterday that any attempts to breach the 1771 resistance level could postpone the bearish bias and we witness …

Negative trading dominated the German DAX index, recording its lowest level during the previous trading session, around 14,966. Technically, the current moves are witnessing a slight bullish slope that aims to gather the price to retest the 15,360 level before resuming the decline again. RSI supports the aforementioned bullish corrective …

Mixed trading dominated the Canadian dollar’s movements yesterday, affected by the Canadian elections, Heading to 1.2860, to record the highest at 1.2895. Technically, and by looking at the chart, we find stochastic is trying to get rid of the current negative signs, and we find the price is stable intraday …

Yellow metal witnessed Positive attempts during the previous trading session, after several consecutive sessions of losses, retesting the resistance level published in the previous analysis located at 1768. Technically, the current trading is still stable below 1768, 61.80% Fibonacci correction and the simple moving averages are still pressing the metal, …

The Canadian dollar achieved substantial gains last week, touching the first target required to be achieved in the previous analysis, which is located at 1.2770, to start its daily movements positively, recording the highest 1.2800. Technically, today, the bullish trend is still valid and effective, relying on the stability of …