Tag Archives: technical

Gold prices incurred noticeable losses during the previous trading session within the expected bearish context, touching the second official target station in the last analysis, at 1753, and recording the lowest at 1750. Today’s technical vision indicates the possibility of continuing the decline, relying on confirming the breach of 1768 …

The German DAX index succeeded in touching the first target published during the previous analysis, at 15,640, recording its highest level at 15,650. On the technical side today, there is a conflict between the stochastic attempts to obtain positive crossover signals, and the negative pressure coming from the simple moving …

We maintain the same technical conditions for the Canadian dollar as the movements did not change much within attempts to rise within the expected bullish corrective slope. Technically speaking, the Canadian starts attacking the previously broken support-into-resistance level at 1.2330, 50.0% Fibonacci correction. Coming from the 50-day moving average. Therefore, …

Gold prices managed to touch the first target that is required to be achieved during the previous analysis, which is located at 1770, recording its lowest level at 1770. Today’s technical vision indicates the possibility of continuing the descending wave, relying on the price stability below the strong resistance 1785, …

Positive trading continues to dominate the movements of the German DAX index within the expected bullish path, heading towards its first target 15,610, recording its highest level 15,618. Technically, we will maintain our positive outlook, relying on the stability of trading above the 15,540 support level, accompanied by the continuation …

The Canadian dollar maintains its bullish corrective bias attempts, built on a support floor near the 1.2240/1.2230 level. Technically, the Canadian starts attacking the previously broken support level, which is now turned to the 1.2330 resistance level, 50.0% Fibonacci correction. Coming from the 50-day moving average. Therefore, the pair’s success …

Gold prices ended their daily and weekly trading below the 1790 resistance level, which forced the price to trade negatively again within the bearish context. On the technical side, today, and carefully looking at the 240-minute chart, we find the simple moving averages continuing their negative pressure on the price …

The German DAX index managed to touch the first target that is required to be achieved during the previous technical report, located at the price of 15,595, to record its highest level at 15,611. Today’s technical aspect indicates the possibility of continuing the rise, relying on the stability of the …

Positive attempts dominated the Canadian dollar’s movements during yesterday’s trading session, within the bullish context, as we expected, recording its highest level at 1.2340. Technically, the Canadian starts with a slight bullish bias, trying to retest the previously broken support, which is now turned to the 1.2330 resistance level, 50.0% …

For the third consecutive session, gold prices fail to stabilize above the pivotal resistance level published in the previous analysis, located around 1880/1882, which forced the price to trade negatively again within the bearish context. On the technical side, today, and carefully looking at the 240-minute chart, we find the …