Tag Archives: technical

The Canadian dollar starts its daily trading with a bullish bias, after it found a solid support floor around 1.2470, to witness the current moves a return to trading stability again above 1.2560. Technically, today we are biasing positively in our trading, relying on the positive motive coming from the …

The yellow metal prices fell significantly during the previous session’s trading within the expected negative context during the last analysis, in which we depended on the stability of trading below the resistance level of 1816, surpassing the official target required to be achieved by 1770, recording its lowest price during …

Bitcoin retreated significantly, moving away from its recent gains within the expected bearish context, touching the official goal of re-testing published during the previous analysis at a price of 46,320, posting the lowest at 44,943 Today, we tend to descend, relying on the clear negativity patterns on Stochastic, as long …

Mixed trades dominated the movements of the German DAX, as the current moves are witnessing attempts to settle above 13,780. On short time intervals, we see the moving average trying to push the price higher, and we find the RSI indicator trying to obtain more bullish momentum. Therefore, we may …

Negative trading dominated the movements of the Dow Jones Industrial Average during the last session, to touch the first negative target to be achieved at 31,220, recording its lowest price at 31,101. On the technical side today, the intraday trading remains below the resistance level of 31,610 and the most …

Negative trading dominated the Canadian dollar’s ​​movements yesterday within the expected bearish context, touching the first target to be achieved during the previous session at 1.2560, recording its lowest price of 1.2560. Technically speaking, and with a closer look at the 60-minute chart, we find that Stochastic started to provide …

We remained neutral in the previous analysis due to the conflict of technical signals, indicating that the confirmation of the bullish trend needs gold to witness a clear breach of the resistance level of 1816, to find that the price collided with the aforementioned resistance level, trading negatively again, recording …

Bitcoin prices fell significantly due to its exposure to strong profit-taking, after a series of record gains approaching $60,000. Technically, we are biased towards negativity due to the obvious negativity of Stochastic, in addition to the negativity of the simple moving averages. We await confirmation of breaching 48,350 support, targeting …

The DAX index continues to maintain its positive side, trying to stabilize for the second session in a row above the support level of 13,810/13,800. Technically we tend to be positive on short intervals, but with caution. The RSI is stable above the 50 midline, which supports the bullish bias. …

The Dow Jones Industrial Average succeeded in achieving the negative outlook, as we expected during the last analysis, touching the target of 31,210, recording a low of 31,188. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI continues to get negative …