Tag Archives: technical

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 …

Narrow-range sideways trading dominated gold’s movements for the second session in a row, pinging from the bottom above the support level at 1722 and from below the resistance level at 1747. Technically, we will maintain the same technical conditions, waiting for a signal to stimulate the price. With a closer …

The current movements of the German DAX index are witnessing a bearish bias, after finding a strong resistance level around 14,720. On the technical side, we are biased towards the negativity relying on the obvious negative crossover signals on Stochastic. Therefore, we target 14,530/14,520, and then 14,430 next stop. The …

The Dow Jones Industrial Average declined significantly during the previous session’s trading on Wall Street, touching the target mentioned in the prevoius analysis, located at a price of 32,300, to record its lowest level at 32,231. On the technical side, today, with the RSI indicator continuing to defend the bearish …

The Canadian dollar was able to complete the bullish corrective bias seen to in the previous analysis, after it succeeded in establishing a solid support floor around 1.2500, in addition to the pair’s success in breaching 1.2550, heading for touching our awaited target of 1.2610, recording the highest of 1.2605. …

The movements of the yellow metal witnessed a negative bias, after it failed to breach the pivotal resistance published in the previous analysis at 1747, which forced it to retest 1724. Technically speaking, and with a closer look at the 4-hour chart, we find gold is turning around the 50-day …