Tag Archives: technical

Negative trading dominated the movements of Bitcoin within the expected bearish context, touching the second target to be achieved last Friday at 35,540, posting low at 34,784. On the technical side, we may witness more negativity as a result of the negative pressure of the 50-day moving average, which continues …

The German DAX index failed to achieve the required positive outlook mentioned in the previous analysis after it failed to maintain the trading level above 13,870, and the most important 13,910. On the technical side, we tend to be negative, relying on the intraday trading below 13,870 accompanied by negativity …

The Dow Jones Industrial Average declined sharply and rapidly within the negative outlook expected during the previous analysis, surpassing the target of the second downward correction located at 30,590, to reach its lowest level at 30,504. Technically speaking, after the index found a solid resistance level around 30,860, in addition …

The Canadian dollar started its first weekly trading with a noticeable rise within the bullish context, in which we relied on confirming the pair’s breach of the resistance level of 1.2710 to continue its gradual rise. In terms of technical analysis today, after the pair succeeded in establishing a good …

Gold prices started their first weekly trading with a noticeable decline after it failed to maintain trading levels above the support level of 1835, explaining that breaking the aforementioned level puts the price under negative pressure, its initial official target is around 1808, its lowest level during the Asian session …

Positive trading dominated the Bitcoin, surpassing the second target required to be achieved during the previous technical report at 38,220, to post high at 39,943. Technically, the current moves are witnessing a slight bearish slope due to the RSI gradually losing upward momentum over short time frames. We tend to …

The German DAX index maintains positive stability, recording its highest level during early trading for the current session at 14,015. On the technical side today, we are biased towards the intraday positivity depending on the intraday trading stability above the support level 13,910 and generally above the pivotal support floor …

The Dow Jones Industrial Average declined significantly on Wall Street within the expected negative outlook, surpassing the target of the second downward correction at 30,775, to post low at 30,694. On the technical side today, after the index found a solid resistance level around 31,020, in addition to the clear …

The Canadian dollar declined, cancelling the bullish correction look, as we expected, in which we relied on trading stability above the support floor of 1.2680 touching the stop-loss order at the aforementioned level, as a reminder that we also indicated that any trading below 1.2680 will stop the required upward …

Narrow-range sideways trading that tends to be negative dominates the yellow metal prices within a gradual decline towards the downside, approaching the target required to be achieved at 1823, to settle for the low of 1829. On the technical side, the price started its morning trading on an upward slope, …