Tag Archives: technical

The Canadian dollar provided negative trading yesterday after it failed during the previous session to maintain trading above the strong support at 1.2600, to record the pair’s lowest level at 1.2545. Technically, we notice the return of the intraday stability above the psychological support 1.2. Furthermore, by looking at the …

For the third consecutive session, the movements of the yellow metal are witnessing attempts to rise with the aim of retesting the pivotal resistance level at 1770, unable to breach it so far, which forced it to trade negatively during the early trading of the current session, stable around the …

Negative trading continues to dominate the movements of the German DAX index within the expected bearish context during the previous analysis, heading to approach a few points from the first target, 14,980, recording its lowest level at 14,990. On the technical side, we are inclined to the negativity, relying on …

Negative trading dominated the Canadian dollar’s movements during the previous trading session after it succeeded in stabilizing temporarily below the 1.2600 support level. From the technical analysis, the current moves are witnessing attempts to rise. However, the price is back to stability above the 1.2600 support level, accompanied by attempts …

Gold recorded rebound attacks to the upside during the previous trading session to retest the 1770 resistance level after recording its lowest level at 1747. Today’s technical vision indicates the possibility of resuming the bearish bias based on the negative pressure of the 50-day moving average, in addition to the …

Negative trading dominates the German DAX index movements, settling around the lowest level during today’s trading session at 15,080. Technically, and with the stability of trading below support-into-resistance 15280 level, accompanied by the negative pressure of the simple moving averages. This increases the possibility that we will witness a downward …

The Canadian dollar faced intense negative pressure at the end of last week’s trading. It started the first weekly trading with a bearish tendency; after it failed to settle above the 1.2665 level, it started the first weekly trading with a bearish tendency. Technically, we notice a contradiction between the …

Gold’s movements are witnessing rebound attacks to the upside, which aimed to retest the 1767 resistance level after a, which recorded its lowest level around the 1722 bottom. On the technical side, we find gold collided with the resistance level of the descending price channel shown on the graph, which …

The German DAX index declined significantly, recording heavy losses during the trading session of the last session, reaching its lowest level at 15,090 during the morning session of today’s session. Technically, we notice the continuation of the negative pressure coming from the 50-day moving average, which continues to pressure the …

The Canadian dollar found solid support around the 1.2630 level, which forced it to trade positively again within a bullish bounce that aimed to retest 1.2720. Technically, today, the current moves see the price stability above the 1.2660 support level at the 61.80% Fibonacci level. We also notice the positive …