Tag Archives: technical

The German DAX index managed to achieve the positive outlook, as we expected during the last trading sessions last week, touching our awaited target of 15,530, recording its highest levels at 15,325. The technical side today indicates the possibility of continuing the rally, as long as the index found a …

The Dow Jones Industrial Average jumped, ending last week’s trading with a noticeable increase, posting its highest price during last Friday’s trading 34,053. On the technical side today, we are biased towards the positivity, relying on the price building a base above 33,680, accompanied by positive signs that began to …

The Canadian dollar’s ​​attempts -over several sessions in a row- failed to breach the pivotal resistance of 1.2550/1.2560 and settled below the aforementioned level. Technically, and by looking at the 4-hour chart, we find the simple moving averages continue to pressure the price from below, and we find the RSI …

We committed to the intraday neutrality in the previous analysis due to the conflict of technical signals, mentioning that the selling positions requires stability below 1795, also need to witness a break of 1777, in order to reach 1765, so that gold is subjected to slight selling operations and is …

Bitcoin prices fell significantly during the previous trading session, to record its lowest level around 50,490. On the technical side today, with a closer look at the 60-minute chart, we find the stochastic indicator is trading around oversold areas, in addition to the intraday trading stability above the support level …

The current movements of the German DAX index are witnessing a bearish tendency, benefiting from building a base on the support floor located at 15,200/15,180. On the technical side, today we tend to be positive, but cautiously, on short time intervals, relying on the RSI getting positive signs. Therefore, a …

Significant negative trades dominated the Dow Jones Industrial Average on the New York Stock Exchange, recording its lowest level during the previous session’s trading, 33,603. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI continues to defend the downside, and this …

We committed to intraday neutrality during the previous analysis due to the conflicting technical signals to witness the Canadian dollar’s trading a sideways context trapped from below above the support level of 1.2470 and from above below the resistance level at 1.2555. Technically, by looking at the 60-minute chart, we …

Gold’s movements did not witness a significant change during the last trading session, keeping trades confined from the bottom above the support level 1773 and from below, the resistance level 1797. Technically, and with a closer look at the hourly chart, we find negative signs appearing on the stochastic indicator, …

The Canadian dollar was able to achieve the target of retesting the resistance published during the previous analysis at 1.2660, to hit its highest level at 1.2655. Technically speaking, we find the pair declined significantly after touching the pivotal resistance represented by our previous goal of re-testing the 1.2460 support …