Tag Archives: technical

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, …

Divergent trades dominated the movements of Bitcoin during the previous session, to return to trading in a bullish path, benefiting from stability above 37,200. We tend to be positive intraday as the pair continues to receive a positive stimulus from the 50-day moving average. Confirming a breach of 37,730 increases …

Narrow-range sideways trades dominated the German DAX index to settle above the support floor 13,865/13,860. On the technical side, we are biased towards the intraday positivity, depending on the stability of trading above the aforementioned support, in addition to the positive signs of the RSI indicator on short time frames. …

The Dow Jones Industrial Average found a strong resistance level around 31,080, as the current movements of the index witnessed a steady bearish tendency around its lowest level during the current trading session at a price of 31,020. On the technical side, we tend to the temporary negativity depending on …

The Canadian dollar is hovering around the support level mentioned in the analysis located at 1.2680, which we showed that it represents the first protection key to maintain the bullish corrective bias. In terms of technical analysis, and despite the technical factors that support the continuation of the decline, we …

The yellow metal witnessed a bearish tendency during the morning trading of the current session within the bearish context as we expected, in which we relied on confirming the break of 1843, indicating that this would facilitate the task required to visit 1836 then 1826 to record its lowest level …

Negative trading dominated Bitcoin’s moves within the profit-making operations aimed at touching 32,820 levels. On the technical side, today we may witness the completion of a bearish correction with the continuation of the negative pressure of the 50-day moving average, but on condition that we witness a clear break of …

The German DAX index succeeded in achieving the goal of re-testing the support mentioned in the previous analysis at 13,820, recording the lowest price at 13,826. On the technical side, the current trading of the index stabilizes below the 14,000 psychological barriers, accompanied by the negative signs of the RSI …