Tag Archives: technical

Notable positive moves dominate the German DAX index within a bullish path, as we expected touching the required official station at 14,060, to record its highest price of 14,060 during early trading for the current session. We tend to be positive in our trading, depending on the positive motive coming …

The Dow Jones Industrial Average jumped yesterday, surpassing the target of 30,800, recording its highest level at 31,022. On the technical side, we find the RSI stable above the 50 midline, supported by stochastic around overbought areas. Therefore, with the stability of trading above 30,800, this encourages us to maintain …

The Canadian dollar maintained its bullish bias within the bullish correction, as we expected establishing a good support floor around 1.2760 / 1.2750, touching the first bullish correction target of 1.2850, recording its highest level at 1.2847. Technically speaking, and with a closer look at the chart, we find the …

Gold prices incurred heavy losses during the previous trading session within the expected bearish path mentioned in daily analysis, touching the third official leg 1800, recording the lowest price of 1785. On the technical side today, and with a closer look at the 240-minute chart, we find the 50-day simple …

Bitcoin succeeded in achieving the positive outlook, as we expected, surpassing the target required to be achieved at 37810, recording its highest price of 38,346. Today, trading remains above the support level of 37,210 accompanied by the positive motivation of the 50-day moving average. It increases the probability of continuing …

The current movements of the German DAX index are witnessing a bullish tendency after finding a good support floor near 13,800. On the technical side today, and with the index continuing to get a positive stimulus from the 50-day moving average, in addition to the positive signs coming from the …

The Dow Jones Industrial Average traded positively on Wall Street during the previous trading session, recording its high at 30,710. On the technical side, today we find the index succeeded in building a base on support floor 30,410 and the most important 30,380, and we find the RSI indicator providing …

The Canadian dollar managed to retest the support level 1.2760, to start its daily trading positively again. Technically, we find the pair maintains positive stability above the support floor of 1.2760 supported by the stochastic obtaining signs of a positive crossover, coinciding with the current attempts of the RSI to …

Gold prices continue to gradually crawl to the downside within the expected bearish path, in which we relied on confirming the breach of the 1851 level, approaching our third awaited target of 1817, to record its lowest price during early trading for the current session 1822. On the technical side, …

Bitcoin prices jumped within the expected bullish context during the previous analysis touching our awaited target at 33,990, recording its highest price of 36,875. On the technical side today, we tend to be positive in our trading, but cautiously depending on the stability of trading above the support level of …