Tag Archives: technical

The Canadian dollar recovered significantly during last Friday’s trading session within the path of the aforementioned bullish correction, touching the first target of the correction at 1.2690, recording a high of 1.2748. Technically speaking, and with a closer look at 60 minutes chart, we find the stochastic indicator is trading …

Gold prices incurred strong losses at the end of last week’s trading within the expected downside path, in which we relied on the existence of a bearish technical structure that supports the decline, surpassing the official target of 1745, recording its lowest price of 1717. Technically speaking, and with a …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session on Wall Street, recording its highest level at 32030. On the technical side, trading in a short time frame witnessing a bearish bias, as we find the price stable below 31,300, and in general …

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 …