Tag Archives: technical

The Dow Jones Industrial Average on Wall Street jumped within the expected upward trend during the previous analysis, touching the first target to be achieved at 32,680, heading towards the official target station of 32,820, recording a high of 32,840. On the technical side, today, we hold onto our positive …

The Canadian dollar incurred noticeable losses within the expected downside path, touching the first official leg targeted during the last analysis, at a price of 1.2460, recording its lowest level at 1.2455. Technically speaking, and with a closer look at the 4-hour interval, and with the continued negative pressure coming …

Mixed trades dominated gold’s movements last Friday within a bullish context, after it found a strong support level around the psychological barrier 1700, to rebound to the upside to re-test the 1732 resistance level. Technically speaking, and with a closer look at the chart, we find the 50-day moving average …

Positive trading dominated the movements of the German DAX index during the previous session, touching our first target at 14,580, recording its highest level at 14,593. On the technical side today, we tend to be positive, depending on the positive motive of the 50-day moving average, in addition to trading …

The Dow Jones Industrial Average managed to maintain the positive stability touching our first target to be achieved during the previous report at 32,650, recording a high of 32,640. On the technical side, we find the RSI indicator is still defending the upside, in addition to stochastic concentrating around overbought …

The Canadian dollar retreated significantly during the previous session within the expected bearish trend, in which we depended on the confirmation of the break of the 1.2600 support level, heading for touching the first target of 1.2550 and approaching a few points from the second target of 1.2500, to reach …

Trading tilted to the negativity dominated the movements of gold during the previous session after it collided with the resistance level 1740, which forced it to trade negatively again. On the technical side today, and with a closer look at the 4-hour chart, we find the 50-day moving average is …

The German DAX index continues to achieve gains touching the official target to be achieved at 14510, posting its highest level at 14560. On the technical side, the upward trend is still intact and effective, depending on the stability of intraday trading above the support level of 14,440, in addition …

The Dow Jones Industrial Average jumped in Wall Street within the expected bullish path during the previous analysis, touching the official target station 32,430, to record its highest level during early trading for the current session 32,430. On the technical side, today, with stochastic around overbought areas, in addition to …

Sideways trading that tends to be negative, continues to dominate the Canadian dollar’s ​​moves, trapped from the bottom above the support level of 1.2600 and from the top below the resistance level of 1.2700 for several consecutive sessions. Technically speaking, we tend to be negative, relying on the stability of …