Tag Archives: technical

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 …

Positive trades dominated the movements of the Dow Jones Industrial Average, and the index still maintained positive stability, recording its highest level during the previous session, 34,960. On the technical side, the bullish bias is still likely, depending on the indicator’s continued obtaining positive signals from the RSI and its …

Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …

Mixed trading dominated gold prices during the previous session’s trading, and trading is still limited from the bottom above 1894 and from the top below 1910. On the technical side today, the price stability above 1894 supports the continuation of the rise, in addition to the positive signals coming from …

The German DAX index touched the official target published in the previous report, at 15,600 to reach its highest level 15,680. Technically, by looking at a 60-minute chart, we find the 50-day moving average that supports the bullish price curve, accompanied by the stability of the intraday trading above 15,460, …

The Dow Jones Industrial Average jumped on Wall Street within the expected positive outlook, touching the official target to be achieved at 34,650, to record its highest level around 34,824. On the technical side today, the RSI is still providing positive signs, stable above the mid-line 50, supporting Stochastic’s positioning …

The Canadian dollar was able to touch the official target of the current downside wave, which is located at the price of 1.2000, to reach the lowest, during the trading of the previous session 1.2000. From the technical point of view, the Canadian dollar rebounded, as a result of building …

Gold prices succeeded in touching the first bullish target published in the previous analysis, at 1916, recording its highest level at 1916, to return again and hit the resistance level represented by our target, which forced it to trade negatively towards the retest of 1890. On the technical side today, …