Tag Archives: technical

The German DAX index maintained positive stability, benefiting from the stability above the support level of 15,200. On the technical side today, we tend to be positive, with the success of the index building on the aforementioned floor, the 50-day moving average supports the continuation of the rise to visit …

The Dow Jones Industrial Average declined in the New York Stock Exchange during the previous trading session, after hitting the resistance level of 33,870. Despite the bearish bias, the index managed to settle above the support level published during the previous report, located at 33,660, and we find that the …

The Canadian dollar retreated significantly during the last session’s trading within the expected negative outlook, in which we relied on confirming a break of 1.2380, heading directly to touch our waited target at 1.2320, recording the lowest at 1.2310. Technically speaking, and with the Canadian dollar failing to maintain the …

Gold prices were able to successfully retest the pivotal support at 1765, to resume the bullish rebound, attempting to retest 1784 resistance. On the technical side, today, we find the RSI stable above the middle line, enhancing the chances of a bullish move, and we find the price stable above …

The support levels published in the previous analysis at 55,120 managed to limit the bearish bias, which forced Bitcoin to rebound again. Today we are biased towards the positivity, relying on the positive motive of the 50-day moving average, in addition to the price temporarily stabilizing above 52,230. Confirming the …

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 …