Tag Archives: technical

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 …

Positive trades have regained control of gold’s movements, as we expected, touching the second target of the previous report, located at 1727, and approaching a few points difference from the last target of 1737, to record its highest level during early trading for the current session 1734. Technically speaking, we …

The German DAX index on the Frankfurt Stock Exchange maintained its gains, achieving remarkable gains, recording a high of 14,473. On the technical side, we are biased towards the positivity, relying on the positive motive of the 50-day moving average, coinciding with the positive signs of the RSI. Therefore, the …