Tag Archives: technical

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 …

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 …