The Canadian dollar found a solid support floor around 1.2600, to start the bullish rebound, trying to surpass 1.2680 resistance. Technically speaking, we tend to be positive, relying on building a base on the aforementioned support floor, in addition to the clear positive signs on the RSI and its stability …
Read More »Gold Trying to Recover And Looking For Momentum
Gold prices found a solid support floor around 1691, which forced the price to rebound to retest the 1720 resistance level. Technically speaking, and with the price succeeding in building a base on the support floor of 1691 represented by the 61.80% Fibonacci correction, as shown on the chart, in …
Read More »Dax Keeps Its Gains
The German DAX index maintains positive stability after it succeeded in building a base on the support floor of 13,920, as the intraday movements of the index witnessed stability above the psychological barrier of 14,000. On the technical side today, and with the index continuing to get a positive stimulus …
Read More »Dow Jones Maintains The Bullish Bias
Positive trades are trying to control the movements of the Dow Jones Industrial Average during the morning trading session of the current session. On the technical side today, and with a closer look at the chart, with a 60-minute chart, we find the index is stable intraday above the support …
Read More »Canadian Dollar Maintains Positive Stability
Positive trades are still dominating the Canadian dollar’s movements, maintaining the positive stability above the psychological barrier support level of 1.2600. Technically speaking, and with a closer look at the chart, we find the RSI continues to obtain bullish momentum on short time frames, settling above the 50 midline, in …
Read More »Gold Trying to Recover Temporarily
We maintained our intraday neutrality during the previous analysis, indicating that we prefer to confirm the breach of the support level of 1685, in order to resume the decline. Technically speaking, and by looking at the 4-hour chart, we find gold prices found a good support floor around 1690, and …
Read More »Dax Retest Support
The support levels published in the previous analysis, located at 13.920, managed to limit the bearish bias witnessed by the DAX Technically speaking, we tend to be positive in our trading, relying on the stability of trading above the support level of 13,920 and in general above 13,920, which is …
Read More »Dow Jones Losing Ground, Eyes on U.S Jobs
Negative movements dominated the Dow Jones Industrial Average, surpassing the official target required to be achieved during the previous technical report at 30,800, to record its lowest price, at 30,512. On the technical side, the RSI indicator tends to be negative, in addition to trading stability below the previously broken …
Read More »Canadian Dollar Continue to Rise
Trading turned to the positive after the Canadian dollar managed to maintain the intraday trading level above the solid support floor located at 1.2600. In terms of technical analysis, the album we tend to be positive, depending on the stability of trading above the aforementioned support, accompanied by the positive …
Read More »Gold Achieves Official Goals, All Eyes on Jobs
Gold prices incurred heavy losses during the previous trading session, within the expected downward trend, touching the required official target at 1688. On the technical side today, and with a closer look at the 4-hour chart, we find the price now hovering around pivotal support levels of 1690, Fibonacci retracement …
Read More »