Tag Archives: technical

The yellow metal opened its first annual and weekly trades with a strong bullish bias, continuing to achieve gains, to record its highest level during the early trading of the current session 1925. Technically, and by looking at the 240-minute chart, we see a strong bullish momentum coming from the …

The bearish trend continues to control the movements of the German DAX, stable around its lowest level during the morning session of the current session 13,218. On the technical side, we tend to be negative, depending on the negativity of the stochastic indicator, in addition to continuing trading below the …

The Dow Jones Industrial Average declined significantly on Wall Street during the previous session, recording its lowest level at 29,734. On the technical side, and with a closer look at the 60-minute chart, we find that the simple moving averages continue to pressure the price from the top, supported by …

The Canadian dollar found a strong resistance level around 1.2930, which limited the completion of the bullish correction scenario, as the current moves witness a slight bearish slope within attempts to re-test 1.2850. Technically speaking, we will continue maintaining the bullish correction, depending on trading stability above 1.2850, and generally …

Negative trading dominated the price of the yellow metal during the previous trading session after it found a resistance level near 1885, which forced it to re-test the support level published during the previous analysis located at 1866, which we made clear that breaking this level is a condition of …

The Canadian dollar showed noticeable gains during the previous trading session, heading for the retest target to be achieved at 1.2940, to record its highest level at 1.2957. Technically speaking and with the pair’s success in surpassing the previous breached resistance level of 1.2770, which has now turned into a …

Mixed trades dominated the yellow metal prices yesterday within random movements that tended to be negative, recording its lowest level at 1855. Technically, and by looking at the 240-minute chart, we found a conflict between the clear negativity on the stochastic indicator, which supports the continuation of the decline, and …

The German DAX index maintained its gains, continuing its gradual rise to the top, approaching a few points difference from the target required to be achieved during the previous analysis, 13,790, recording its highest level of 13,760. On the technical side, as the index continues to receive a positive stimulus …

Positive trading continues to control the movements of the Dow Jones Industrial Average on Wall Street, to find the index succeeded in building a base on the support floor of 30,050, and in general above 30,000. On the technical side, and with the RSI still defending the upside, in addition …

The support levels published during last week’s reports located at the price of 1.2700 were able to limit the bearish bias that continued for several sessions in a row, to find that the pair succeeded in building a base on the aforementioned level within the bullish correction scenario published during …