Tag Archives: technical

Gold opened its first weekly trading with a noticeable rise after the US Congress approved the US $900 billion stimulus package, which pushed gold prices to touch the resistance level of the psychological barrier of 1900 during the Asian session for the current session. Technically speaking, with the price consolidating …

positive trading dominated the German DAX, touching goal of 13,720, to record its highest level at 13,720. On the technical side today, as the index continues to receive a positive stimulus from the 50-day moving average, in addition to the positive signs coming from the RSI on short time frames. …

The Dow Jones Industrial Average maintained its gains, benefiting from building on the support floor mentioned in yesterday’s session, at 30,035. On the technical side, we tend to be positive in our trading, but cautiously depending on the index price being above the 30,000/29,990 support level, accompanied by the persistence …

The pair found a solid support floor around the support level of the psychological barrier mentioned during the previous analysis at 1.2700, to start its daily trading with a slight upward slope. Technically speaking, we tend to be positive in the coming hours, relying on trading stability above 1.2700 in …

Gold trading witnessed positive movements during the previous trading session within the bullish path, as we expected, surpassing the target required to be achieved at 1882/1883, recording the highest of 1896. Technically speaking, the pair is based above the previously breached resistance-into-support at 1875/1773 and this considered as a positive …

The German DAX index succeeded in touching the official station to be achieved, which is located at 13,580, recording its highest level of 13,587. On the technical side, the index is successful in building a base on the 13,500/13,490 support floor, temporarily supporting the upside, in addition to the positive …

Positive moves dominate the Dow Jones Industrial Average on Wall Street, recording a high of 30,225. On the technical side, we tend to be positive in our trading, but cautiously depending on the index’s price base above the 30,000/29,990 support level, accompanied by the persistence of stochastic centring around overbought …

The Canadian dollar was able to achieve the technique of retesting the resistance published during the previous analysis, which we made clear yesterday that we will increase the risk appetite to target 1.2775, recording the highest of 1.2790. Technically speaking, signs of negativity began to appear on Stochastic again and …

Mixed trades dominated gold prices, but trading tended to be positive, heading to touch the first target expected to be achieved during the previous analysis, located at the price of 1867, its highest level during the morning trading of the current session 1868. On the technical side, we find gold …

Positive trading dominated the German DAX index, surpassing the required target at 13380, posting a high at 13427. On the technical side, the price has stabilized above 13,265, accompanied by positive signs of the RSI. It encourages us to maintain our positive outlook, provided that the breach of 13,430 is …