Tag Archives: technical

The Canadian dollar failed to maintain the level that was recorded at the price of 1.2260, and as we mentioned in the previous analysis that any attempts to break the aforementioned bottom lead the pair to resume the official bearish path with an initial goal of 1.2200 so that the …

After several consecutive sessions of standing on neutrality, the price of the yellow metal witnessed noticeable rises, explained during the previous report that the activation of the buying centers requires a clear and strong penetration of the resistance level 1792/1795, which facilitates the task required to visit 1800 and 1810 …

Bitcoin’s movements witnessed a bullish bias during the previous trading session, and as we explained during the previous analysis that the return of stability in trading again above 56,550 leads Bitcoin prices to visit 58,070, to settle for its highest level, 57,812. Technically, the simple moving averages carry the price …

Positive trading regained control of the movements of the German DAX index after finding solid support floor around 14,960. Technically, we tend to be positive in our trades on short intervals, relying on the intraday trading above 15,110 accompanied by the positive crossover of the stochastic indicator. Therefore, we target …

The Dow Jones Industrial Average traded positively during the previous trading session, benefiting from the return of the price base above the support level of 34,050, and in general above 33,950. On the technical side today, and with a closer look at the 60-minute chart , the bullish scenario is …

Tight sideways trading is still dominating the Canadian dollar, with little change, continuing in its attempts to stabilize above the support level of 1.2260. Technically, and with a closer look at the 60-minute chart, we find the SMA 50 came back to pressure the price again and it still constitutes …

The sideways trading is still dominating gold’s movements within a sideways range confined from the bottom above the support level 1770 and from below below the resistance level of 1784. On the technical side, we witnessed a successful retest of the support level of 1770, which forced the price to …

Negative trading dominated Bitcoin’s movements, re-testing the support mentioned in the previous analysis, through which we aimed to re-test 55,800, to reach lowest level at 53,236. On the technical side, we find the stochastic indicator started losing bullish momentum, in addition to the negative pressure of the 50-day moving average. …

The German DAX index declined significantly after failing to maintain the trading level above the solid support floor 15,200, explaining that breaking the aforementioned level is able to completely thwart the bullish scenario and put the index price under negative pressure targeting 15,150, and then 15,055, to reach its lowest …

The Dow Jones Industrial Average retreated significantly during the previous trading session, nullifying the positive outlook and touching stop-loss published in the previous analysis at the price of 33,860. As a reminder, we indicated that any attempts to break the aforementioned level will stop the bullish tendency and put the …