Tag Archives: technical

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, …

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 …