We adhered to intraday neutrality during the previous analysis, due to the exposure of technical signals, to find that gold prices collided with the strong resistance level published during the previous report at 1782, which we mentioned to represent one of the most important trend keys for the current trading …
Read More »The German Dax Continues to Rising
Positive trading continues to dominate the German DAX index, recording its highest level at 15,694. On the technical side, we tend to the positivity in our trading, relying on the stability of trading above the 15,445 support floor, accompanied by the positive motive coming from the 50-day moving average, coinciding …
Read More »The Canadian Maintains the Bullish Path
The technical outlook is the same, and the pair’s movements did not change significantly, maintaining the bullish corrective slope as we expected, so that the Canadian could breach the resistance level published during the previous analysis, located at 1.2330. From the angle of technical analysis today, and with careful consideration …
Read More »Gold Trying to Recover
Gold prices found a good support level around 1753, which forced the price to rebound to the upside, to find gold prices hovering around its highest level during the Asian session 1776. Technically, and carefully looking at the 4-hour chart, we found a conflict between the negativity of the stochastic …
Read More »Canadian Dollar: Touches The Bullish Correction
The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …
Read More »Gold Continues to Touch Bearish Goals
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 …
Read More »The German Dax Tends to be Negative
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 …
Read More »Canadian Dollar: Attacks The Resistance
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, …
Read More »Gold Continues to The Downside
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, …
Read More »German Dax Establishes a Decent Support Ground
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 …
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