Tag Archives: technical

After several successive sessions of sideways moves, gold prices were able to break the pivotal support level published during the previous analysis, 1720, indicating that breaking the aforementioned level puts the price under strong negative pressure, and its initial target is around 1705, to record its lowest price at 1704. …

The current moves of Bitcoin are witnessing a slight bullish tendency after it succeeded in benefiting from the support level of 52,200 to see Bitcoin stabilizing near the highest level during the session at 52,800. On the technical side, the 50-day moving average is still a hindrance in front of …

The German DAX index returned to trading positively again, after finding a strong support level near our third target mentioned in the previous analysis 14,410, to start the bullish rebound again. Technically, the index is based above 14,600, supported by the stochastic indicator. This increases the probability of continuing the …

The Dow Jones Industrial Average touched the official target station mentioned in the previous analysis, located at a price of 32,020, to record a low of 31,950. Technically, the index found a solid support floor around the aforementioned level, to once again return to the upside rebound, stabilizing around 32,600. …

The Canadian dollar’s ​​efforts continue to maintain the bullish correction bias after it succeeded in building a base on the support floor of 1.2500. Technically, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive …

Gold prices hit the level of pivotal resistance mentioned in the previous technical, located at 1747, which forced gold to trade negatively, as the current moves witness the continued pressure on the 1723 support level. Technically, and with a closer look at the 4-hour chart, we find the 50-day moving …

Negative trading continues to dominate Bitcoin’s movements after it found a strong resistance level of around 53,000. Technically, we tend to the negativity dependent on the negative pressure of the simple moving averages, in addition to losing the RSI bullish momentum. We are targeting 52,120 next stations. From the top, …

The German DAX index succeeded in achieving the negative outlook, as we expected, touching our target 14,530, recording its lowest price, 14,530. On the technical side today, we are continuing to suggest the bearish trend, relying on trading stability below the previously broken support 14,610/14,630, accompanied by negative pressure for …

The movements of the Dow Jones Industrial Average witnessed a slight upward trend during the previous trading session, recording a high of 32,666. On the technical side, and with a closer look at the 60-minute chart, we find the index returned to settle below 32,500 and generally below 32,625, and …

The technical outlook is unchanged, and the Canadian dollar has not changed significantly, maintaining the bullish corrective bias. From the technical analysis, we are continuing to suggest the bullish trend, relying on the stability of trading above 1.2540 the previously breached resistance in addition to the positive motive for the …