Tag Archives: technical

The consolidation scenario published in the previous analysis succeeded in supporting the Canadian dollar’s attempts to rise, touching the first target 1.2310, and approaching a few points difference from the second target 1.2375, to record the highest around the previously breached support level and turned into the resistance level at …

Gold prices were able to approach a few points difference from the first official target published in the previous analysis, located at the price of 1800, to record its highest level during the previous session’s trading in 1798. On the technical side, gold prices found a strong resistance level around …

Positive trading dominated the movements of Bitcoin during the previous trading session, explaining that the confirmation of the breach of the resistance level 57,180 facilitates the way to visit 58,165, and then 59,100, recording its highest price of 58,860. On the technical side, today we may witness a bearish tendency …

The German DAX index returned to stability above the pivotal support at 15,200, which forced it to rebound to the upside, recording its highest level at 15,280. On the technical side, today we tend to be positive, relying on the stability of trading above 15,200 in addition to the positive …

The Dow Jones Industrial Average was able to achieve our bullish targets published in the previous analysis, touching the first target located at 34,040/34,050 and approaching a few points difference from the second target 34,150, to record its highest level at 34,120. On the technical side today, and with a …

The technical outlook remains unchanged and the pair’s movements have not changed significantly. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover signals that began to appear on the stochastic indicator. This makes us think of the possibility of witnessing …

Positive trades returned to control gold’s movements again after it succeeded in building on the solid support floor located at 1771 nullifying the negative outlook expected during the previous analysis touching the stop loss order at the price of 1780. It will stop the negative outlook, and gold will return …

The positive moves returned to control Bitcoin prices, nullifying the positive outlook, as we expected, and to remind us, we indicated during the previous analysis that the return of stability in trading again above 54,240 leads Bitcoin prices to rise again, with a target of 54,720, and then 55,690 to …

Negative trading dominated the German DAX index within the expected bearish context in the previous analysis, recording its lowest level at 15,104. On the technical side today, with trading remaining below the pivotal support level converted to the 15,200/15,210 resistance level accompanied by the negative pressure of the 50-day moving …

The Dow Jones Industrial Average managed to build a base on the support level of 33,660, which forced it to rebound again, to re-test 33,920. Technically, we are biased towards the positivity depending on the RSI’s continued defense of the bullish bias and its stability above the 50 midline. Thus, …