Tag Archives: technical

The technical outlook is unchanged, and the German DAX index has not changed its movements, maintaining the bullish stability above the support level of 15,200. On the technical side today, we tend to be positive, with the index succeeding in building a base on the support floor of 15,200. The …

The Dow Jones Industrial Average declined during the previous trading session after finding a strong resistance level around 33,970 as the current moves witnessed stability above the sub-support level of 33,760. On the technical side today, and despite the downside moves, the RSI indicator is still providing positive signals in …

The bearish context is still dominating the Canadian dollar’s moves after it failed to stabilize above 1.2450/1.2460. Technically, and by looking at the 60-minute chart, we find that the simple moving averages continue to pressure the price from the top and support the bearish price curve, and we find the …

We remained neutral during the previous report, due to the contradictory technical signals to witness the previous trading session, a sideways tendency to bearishness, as gold returned again to hover around 1771. On the technical side today, the intraday trading is stable below the resistance level of 1784, which supports …

Positive trading dominated the movements of Bitcoin within the bullish corrective bias targeted during the previous analysis at 52,050, recording its highest level at 54,301. On the technical side, the current movements are witnessing a bearish bias, as a result of the negative features that started to appear on the …

The German DAX index managed to achieve the required target during the previous analysis, located at 15,350, to hit a high of 15,343. On the technical side, today we tend to be positive, with the index succeeding in building a support floor of 15,260, and generally above 15,200. The 50-day …

The Dow Jones Industrial Average traded positively during the previous trading session on Wall Street, recording its highest levels of 34,042. On the technical side today, the upside bias is still in place, with the index price stabilizing above the 33,790 support level, accompanied by the clear positive signs on …

The Canadian dollar fell significantly against its US counterpart, touching the official target during the previous analysis, located at 1.2380, recording a low of 1.2380. Technically speaking, and by looking at the 60-minute chart, we find the simple moving averages continue to pressure the price from the top and support …

Gold traded stabilized within sideways trades that tend to rise, confined from the bottom above the support level 1771 and from the top below the pivotal resistance published during the previous analysis, 1783. Technically speaking, the price is based above the 50-day moving average, which meets near the support level …

Bitcoin prices did a bullish rebound after several consecutive sessions of decline, reaching its lowest level during the previous trading session at 47,490. On the technical side, Bitcoin found a solid support floor around the aforementioned level, while the stochastic indicator started to show positive signs. We may witness a …