Tag Archives: technical

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the expected bearish bias. Technically speaking, the negative pressure from the 50-day moving average supports the continuation of the decline, in addition to trading stability below the extended resistance level of 1.2765 / 1.2780. Therefore, our …

Gold prices witnessed a gradual rise to the upside after it succeeded in confirming the breach of the strong resistance at 1820, which is close to our awaited target of 1551, to settle for recording its highest level during the last session of 1848. Technically speaking, we find gold is …

Bitcoin prices jumped to achieve strong gains, surpassing all our targets, to reach the last target at 39,540, to reach its highest level at 47,325. The daily trend is tilted to the upside, but with a closer look at the short time frames, we find the signs of overbought clearly …

The German DAX continues to achieve the required bullish targets, maintaining the positive stability, touching our official awaited target during the previous analysis located at 14,160. The technical side indicates the possibility of extending the gains. With a closer look at the chart, we find the simple moving averages continue …

The Dow Jones Industrial Average managed to maintain the bullish path as they expected, touching the first target to be achieved during the previous analysis, located at 31,245, and approaching a few points difference from the second target 31,325, recording its highest price of 31,306. The technical side today indicates …

The Canadian dollar retreated, achieving the negative outlook, as we expected, in which we relied on the bearish technical structure mentioned during the previous analysis, touching our required target of 1.2710. Technically, the negative pressure from the 50-day moving average supports the continuation of the downside, in addition to trading …

Gold prices rose significantly to compensate part of the losses last week, touching the stop-loss order published in the previous analysis at 1820, we have indicated that any attempts to breach 1820 are able to postpone the bearish trend and lead the price to an upward path, its initial target …

Bitcoin started its daily trading at noticeable heights, as the current moves witnessed stability around the highest level at 39,170. Technically, we tend to be positive, relying on the return of the price stability above the 50-day moving average that meets around 38,630. Therefore, we target 39,315 as a first …

The German DAX index succeeded in achieving the positive outlook, as we expected at the end of last week’s trading, touching our awaited target of 14,110, recording its highest price of 14,103. On the technical side, with the index succeeding in breaching the 14,000 psychological barrier resistance level, which has …

The Dow Jones Industrial Average continued to score bullish goals, touching the first peak mentioned in the previous analysis at 31,170, to record its highest levels of 13,189. Technically, with the RSI still defending the bullish trend, in addition to stochastic remaining around overbought areas. This increases the chances of …