Tag Archives: technical

The Canadian dollar found a strong resistance near 1.2720, which forced it to trade negatively again, approaching a retest of the pivotal support level 1.2580, to record its lowest level at 1.2600. Technically, and by looking at the 4-hour chart, we find the 50-day moving average starting to pressure the …

The prices of the yellow metal jumped on Friday, supported by the statements of the Federal Reserve Chairman last Friday, to be able to breach the resistance level of 1799, heading towards touching the previous target mentioned in the previous report, at 1820. Today’s negative view indicates the possibility of …

Negative trading dominated the movements of the German DAX index after it found a strong resistance around 15,930 to witness the current movement’s pressure on the 15,830 support level. On the technical side, the 50-day moving average pressures the price from the top, accompanied by the stability of the RSI …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the positive stability above the support level published in the previous analysis at 1.2580. Technically speaking, and by looking at the 60-minute chart, we find that the RSI started sending positive signals, accompanied by the pair’s …

We adhered to intraday neutrality during the previous analysis, explaining that we are waiting for confirmation of the breach of the 1790 level to activate the selling positions with an initial target of 1782 so that gold will succeed in touching the awaited target, recording its lowest level at 1782. …

The German DAX index recorded its highest level at 15,920, near the pivotal resistance level published in the previous analysis, at 15,930, which we indicated is an essential and fundamental condition for achieving more gains. On the technical side today, we tend in our trading to the positive, but cautiously, …

The Canadian dollar succeeded in retesting the target published in the previous analysis, touching the required target located at 1.2580 to record the lowest price at 1.2577. Technically, and by looking at the 60-minute chart, we find that the RSI started sending positive signals, accompanied by the pair’s stability above …

We adhered to intraday neutrality for the second session in a row, explaining that although we tend to be positive, we prefer to confirm the breach of 1808, explaining that it represents the key to protecting the bullish trend. Technically, today’s gold is witnessing stability below the mentioned resistance level. …

The German DAX index managed to touch the official target that is required to be achieved during the previous report, located at the price of 15,930, recording its highest level of 15,932. We tend in our trading to the positivity today, relying on the stability of the intraday trading above …

The Canadian dollar succeeded in touching the bearish corrective target that is required to be touched during the last analysis, located at 1.2720, recording its lowest level at 1.2642. Technically, the stability of trading below the previously broken support level, which is now 1.2720 resistance level, supports the continuation of …