Tag Archives: technical

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 …

The Canadian dollar provided positive trades during the previous trading session within the technique of re-testing the resistance indicated during the previous analysis at 1.2740, recording its highest level at 1.2746. Technically, we find the price is stable above the previously breached resistance level, which has now turned to the …

Gold prices were exposed to a strong downward wave, as we expected in the previous analysis, touching the first target to be achieved at 1777, approaching a few points from the official target of 1765, to record the lowest price of 1769. Technically, the intraday trading remains below the resistance …

Bitcoin has achieved record gains in a series of continuous gains over the past weeks, breaching the psychological barrier of 50,000, recording the highest price at 50,414. Technically, we tend to be positive, but cautiously depending on the positive signals of the 50-day moving average. The bullish scenario requires confirming …

Negative trading has regained control of the German DAX index after achieving strong gains over several consecutive sessions, to witness the stability of the current move below the previously broken support-into-resistance 14,070. With a closer look at the 60-minute chart, we find the RSI is stable below the midline of …

Positive trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, approaching a few points difference at the published target 31,690, posting a high of 31,360. On the technical side, the current movements of the index are witnessing stability below the 31,550 resistance level, as …