Tag Archives: technical

The Canadian dollar succeeded in retesting the strong support level published during the previous analysis, located at 1.2550, maintaining the positive stability above the aforementioned level. Technically speaking, and by looking at the 240-minute chart, we find the stochastic indicator is trading around oversold areas, in addition to the emergence …

Gold prices managed to achieve the first target required to be touched during the previous analysis, located at 1754, to record its highest level, 1758. Technically, and with a closer look at the 4-hour chart, we find the simple moving averages continue to hold the price from below, and the …

The German DAX index managed to touch the second target to be touched during the previous trading session, at 15,310, to hit its highest level at 15,337. On the technical side, the current trading of the index is witnessing a bearish bias, after it found a strong resistance level around …

A bullish bias continues to dominate the moves of the Dow Jones Industrial Average, to succeed in reaching its highest price during the previous trading session at 33,430. On the technical side today, the index’s movements are still stable above 33,255/33,250 accompanied by the stability of the RSI indicator above …

The Canadian dollar continues to navigate within the expected bullish correctional trend, touching our first target located at 1.2590. Technically speaking, we tend to be positive, depending on the pair’s success in stabilizing an intraday above 1.2540, in addition to building an overall base above 1.2500, and we notice that …

Gold prices were about to touch the first target at 1740, few points shy from the second target 1747, to set its highest level during the previous trading sessionn at 1745. Technically speaking, with the intraday trading remaining above 1728, accompanied by the positive stimulus of the 50-day moving average, …

The current trading of Bitcoin is witnessing a bearish bias, after finding resistance near 58,785, where the current moves are witnessing stability below the aforementioned level. We tend to be negative in the coming hours depending on the RSI losing the bullish momentum. Confirmation of breaking 58,550 puts Bitcoin under …

Positive trading continues to dominate the German DAX index, recording its highest level at 15,207. On the technical side, we tend to be positive, depending on the stability of trading above sub-support 15,120, and in general above the pivotal support floor 15,070, and we find the RSI indicator continues to …

The Dow Jones index continues to maintain its bullish path, recording its highest level during the previous trading session 33,501. Technically, the intraday trading is stable above the support level 33,270 and in general above the pivotal support floor 33,180, factors supporting the upside, as we find the stochastic indicator …

Narrow sideways trading, but tilted to the negativity, dominated the Canadian dollar’s ​​moves against its US counterpart, to re-test the pivotal support level at 1.3500. Technically, and with a closer look at the 60-minute chart, we find the pair trying to consolidate above the aforementioned support floor and the RSI …