Tag Archives: technical

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 …

Positive trading dominated gold prices during the previous session, nullifying the negative outlook as we expected and touching the stop-loss order published in the previous analysis at 1780, and to remind us, we indicated during the previous analysis that the confirmation of the breach of the 1780 level is capable …

The German DAX index suffered big losses within the negative outlook mentioned in the previous analysis, touching our targets located at 15,260, to record the lowest at 15,120. On the technical side today and with the continued negative pressure coming from the simple moving averages, in addition to trading stability …

The Dow Jones Industrial Average declined significantly during the previous trading session within the expected bearish path mentioned in the previous analysis, touching the official target station at 33,780, recording its lowest price 33,570. On the technical side, we notice that there is a clear breach of the support level …

Positive trading dominated the Canadian dollar’s ​​movements yesterday within the expected bullish path, in which we depended on the breach of 1.2550, indicating that this is a catalyst that strengthens the bullish chances of touching the first target of 1.2610, recording a high of 1.2623. Technically, and with a closer …

Gold prices faced negative pressure as we expected during the previous analysis, touching our first target at 1765, recording the lowest price of 1763. Technically speaking, and by looking at the 60-minute chart, we find that the RSI indicator began to gradually lose the bullish momentum, accompanied by the obvious …

The German DAX Index approached the first target at 15,530, to settle for recording a high of 15,513. On the technical side, the index found a strong resistance level around 15,500 under pressure from the negative signs of the RSI on short time frames, coinciding with the negative signs coming …

Negative trades dominated the Dow Jones Industrial Average on Wall Street during the previous trading session, to settle for recording its highest level around the 34,050 resistance level. On the technical side, today we find negative signs appearing on Stochastic, accompanied by negative signs coming from the RSI. From here, …