Tag Archives: technical

Quiet trading, which tends to be negative, dominates the movements of the US dollar against the Canadian dollar, as the pair begins negative pressure on the support level of 1.2590. Technically, with a closer look at the chart, there is negative pressure coming from the 50-day moving average and trading …

The yellow metal prices witnessed a bullish wave with the opening of the first trading sessions of this week, to witness the intraday movements stabilizing above the psychological line of 1800 resistance. On the technical side, stability trading above 1800 supports the rise, and with a closer look at the …

Trading tended to be negative but still limited after several consecutive sessions of the record highs. On the technical side, we tend to be negative, but cautiously, relying on trading stability below 51,400 accompanied by signs of losing the RSI’s bullish momentum. Confirmation of breaking 51,090/51,060 puts the price under …

The German DAX index succeeded in achieving the negative outlook, as we expected, touching the first target to be achieved during the previous analysis, located at 13,850, recording the lowest price of 31,843. On the technical side today, and with a closer look 60-minute chart, we find the 50-day moving …

The Dow Jones Industrial Average found a strong resistance level near 31,500, seeing the current moves of the index a slight bearish slope. On the technical side today, we tend to be negative, but cautiously depending on trading stability below the aforementioned level, in addition to the negative signs that …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the positive stability within the context of an upward correction. Technically speaking, we find the price is stable above the previously breached resistance level, which has now converted to the support level of 1.2660, and we …

Gold prices succeeded in touching the official target station of the current wave of decline at 1765, recording its lowest price during the early trading of the current session at 1760. Technically speaking, with gold continuing to get negative pressure from the simple moving averages, coinciding with the negative signs …

Bitcoin continues to achieve record levels, hitting 52,518 in a series of successive gains, as risk appetite in the markets improves. On the technical side today, we tend to be negative in our trades, but cautiously given the high level of risks, relying on intraday trading below 52,500 accompanied by …

The German DAX index declined significantly. surpassing the official target required to be achieved during the previous analysis at a price of 13,955, recording the lowest 13,874. Technically, we tend to be negative in our trades, but cautiously, depending on trading stability below the previously broken support-into-resistance at 13,990, accompanied …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the last session’s trading. We indicated that the breach of the 31,550 minor resistance level will immediately stop the expected scenario and restore the index to recover again to complete the official bullish path with a target of …