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 …
Read More »Gold Touches Targets
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, …
Read More »Bitcoin Recovering
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 …
Read More »Canadian Dollar: Chances to Upside
The Canadian dollar continues its attempts to maintain the positive stability above the support level of 1.2710 for the third session in a row. Technically speaking, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding …
Read More »Gold Losing Momentum
The yellow metal suffered big losses during the previous trading session within the expected bearish path, confirming that the breach of 1851 increases and accelerates the strength of the bearish trend, heading towards touching our official target of 1828. On the technical side today, and by looking at the 240-minute …
Read More »Bitcoin Facing an Intraday Bullish Path
Positive trading dominated the movements of Bitcoin touching the first target to be achieved during the previous analysis, located at a price of 33,940. On the technical side, today the 50-day moving average supports the occurrence of a bullish slope in the coming hours, in addition to the stability of …
Read More »German DAX Retest Broken Support
The intraday movements of the German DAX index are witnessing a slight bullish tendency, after finding good support floor near the psychological barrier 13,500. We tend to be negative, depending on the stability of trading without the previously broken support, which turned into a resistance level at 13,720, which was …
Read More »Dow Jones Suffered Heavy Losses
The Dow Jones Industrial Average suffered heavy losses on Wall Street, as we expected the gradual advance to the downside, reaching a low of 29,906. On the technical side, today, with the obvious negative crossover signs on Stochastic, which come in conjunction with the negative signs of the RSI on …
Read More »Canadian Dollar: Corrective Bullish Rally Intact
The technical outlook remains unchanged, and the pair’s movements have not changed significantly, preserving positive stability. Technically, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding with the positive stimulus coming from the simple moving …
Read More »Gold Falling Softly
Positive attempts have seen for yellow metal during the previous trading session, but there are still limited attempts to hit the price of the resistance level published in the previous analysis located at the price of 1871, which we clarified as the key to protecting the downside movement. Technically speaking, …
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