Tag Archives: technical

The yellow metal prices jumped, as we expected, to touch the second official target to be achieved mentioned in the last report published on January 4-2021, located at 1950, highest level during yesterday’s session at 1955. On the technical side, and by looking at the 4-hour chart, we find the …

Bitcoin achieved new record gains, reaching its highest levels of 33,565, to start its first daily trading on a rising price gap. On the technical side, we tend to be positive, depending on the stability of trading above 32,810 accompanied by the positive motivation of the 50 days moving average. …

The German DAX found a strong resistance level around 13,780, which is currently pressing prices on the short time frames. Technically, we tend to be negative, depending on the clear negative signals on the RSI, in addition to the intraday stability below 13,470. Therefore, we believe that there is a …

Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, posting its highest level at 30,526. On the technical side, we see the RSI stable above the 50 midline, trying to obtain more bullish momentum, and the simple moving averages support the upside. From here, with …

The Canadian dollar continues to achieve gains against its US counterpart, to find the pair now hovering around the psychological barrier support level of 1.2700. Technically, we see that the simple moving averages continue to support the bearish curve, but we find the stochastic trading around oversold areas. Although the …

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 …