Tag Archives: technical

The Canadian dollar succeeded in completing the bullish correction journey, as we expected during all the reports this week, to reach its highest level at 1.2380. Technically, we find the pair succeeded in establishing a good support floor around 1.2300, accompanied by the positive motive for the 50-day moving average, …

Gold prices incurred heavy losses within the expected bearish context during the last analysis, surpassing the official target of the downside at 1825, to record its lowest level at 1767. Technically, and by looking at the 240-minute chart, we see yellow metal has found a good support floor around 1768 …

Positive trading dominated the movements of the German DAX index touching the pivotal resistance level published in the previous analysis at 15800 price, which is an important condition to continue the rise. On the technical side, with the index’s price remaining above the support level of 15,700, accompanied by the …

Negative trading dominated the movements of the Dow Jones Industrial Average on Wall Street, canceling the expected positive outlook during the previous analysis, touching the stop losses order published in the previous analysis at 34,230, recording its lowest price at 34,190. On the technical side today, and with a closer …

Positive trading dominated the movements of the Canadian dollar to complete the bullish corrective slope, as we expected, touching the first official target for the bullish correction 1.2195, recording its highest level at 1.2204. Technically, the stability of the intraday trading above the previously breached resistance 1.2140 supports the continuation …

The negative pressure continues to dominate the yellow metal prices, gradually approaching the awaited second target 1844, to record its high during the previous session’s trading of 1851. Technical view indicates the possibility of continuing the bearish corrective slope based on the clear negative crossover signs on stochastic, coinciding with …

The German DAX index managed to achieve strong gains as we expected, touching the first target that is required to be achieved during the previous analysis, located at 15,780, and it is approaching by a few points by a few points at the second target of 15,830, to record its …

The Dow Jones Industrial Average managed to achieve the official target published in the previous report, at 34,540, to record its highest level at 34,554. Technically, by looking at the 60-minute chart, we find that the RSI is stable above the 50 mid-line, and on the 4-hour time frame, Stochastic …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective slope within the expected bullish context. Technically, by looking at charts, we find the pair succeeded in building support at 1.2100/1.2090, accompanied by positive signs from the RSI gaining more bullish momentum. Therefore, …

Gold prices incurred heavy losses at the beginning of this week’s trading within the negative technical outlook as we expected, in which we relied on breaking 1880, exceeding the required official target 1855, recording its lowest level at 1844. Today’s technical view indicates the possibility of continuing the bearish corrective …