Tag Archives: technical

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that gold is trying to form a support floor around 1880, Noted that the mentioned level represents the key to protecting the bullish trend, to return to the bullish rebound again, targeting the retest …

The German DAX index managed to achieve the first required target during the previous analysis, which is located at the price of 15,700, recording its highest level at 15,702. On the technical side, today, we are inclined to the positivity, with the index continuing to obtain a positive stimulus from …

We adhered to intraday neutrality during the previous analysis, due to the high-risk rates as a result of conflicting technical signals, explaining that activating the buying positions requires witnessing a clear and strong breach of the resistance level 34,660, and that may enhance the chances of rising towards 34,720 to …

The Canadian dollar was able to rise well within the bullish corrective slope published in the last analysis, through which we targeted 1.2150 to record the highest level at 1.2135. Technically, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the …

Gold prices succeeded in touching the official target published during the previous analysis, at 1856, recording a low on Friday at 1856. On the technical side, gold succeeded in forming a good support floor around 1856, which forced it to rebound upwards again, approaching retesting the previously broken support 1895. …

The German DAX index found a good support level around 15,460, where the current movements of the index are witnessing an upward bias targeting a retest of 15,700. On the technical side today, we find that the RSI continues to provide positive signals over the short term, accompanied by stabilizing …

The Dow Jones Industrial Average declined on Wall Street yesterday, nullifying the positive outlook as we expected. We indicated during the previous analysis that activating the bullish scenario depends mainly on the stability of trading above 34,500, and breaking the mentioned level puts the index under negative pressure, targeting 34,420/34,410 …

The Canadian dollar was able to build on the pivotal support floor located at the price of 1.2030 to return to trading within the suggested bullish corrective slope during the previous analysis, in which we relied on breaching 1.2070, touching the first target of 1.2100, heading to visit the second …

Gold prices achieved noticeable losses during the previous trading session after it failed to maintain trading above the 1895 level, explaining that the confirmation of breaking the mentioned level is able to pressure gold prices to visit our official target located at 1880 to record its lowest level at 1856 …

The positive attempts of the German DAX index continue and tend to positivity recording a high of 15626. The daily trend is bullish as a result of the stability of the intraday trading above 15,550 and in general above the support floor of 15,500. The 50-day moving average still holds …