Tag Archives: technical

Negative trading dominated the Dow Jones Industrial Average on Wall Street, nullifying the positive outlook expected in the previous analysis. Technically, and despite the negativity, we still tend to be positive in our trading, relying on trading stability above 30,665 accompanied by stochastic attempts to get rid of the current …

The Canadian dollar continues its attempts to rally within a bullish corrective context, after finding a strong support floor near 1.2660. Technically speaking, the current movements of the pair are witnessing positive attempts supported by the pair getting positive signals from the RSI to get bullish momentum in short time …

Gold prices incurred heavy losses at the end of last week’s trading within the aforementioned bearish context, in which we relied on confirming the breach of the psychological barrier support level of 1900, surpassing the required target of 1880, to record the lowest at 1817 during early trading for the …

European stocks rose Friday, January 8th, while the German DAX index hit a record high on the back of better-than-expected economic data and encouraging earnings updates from chipmakers. The European STOXX600 index rose 0.7% by and heading towards a weekly gain of more than 3% in light of hopes that …

Bitcoin continued to achieve new record highs, to surpass the 40,00 marks recording its highest level at 40,383. Technically, we tend to be positive, but with caution. Intraday trading is witnessing a slight bearish tendency after it failed to stabilize for a long time above the 40,000 barrier. There are …

The German DAX index was able to touch the first target to be achieved, which is located at 13,970 and is close by a few points from the second goal 14,110, recording its highest level of 13,994. On the technical side, the current movements of German DAX are witnessing a …

The Dow Jones Industrial Average continues to achieve records as we expected, heading to touch the first official target required to be touched during the previous trading session at 31,130, recording its highest level of 13,147 during early trading for the current session. On the technical side, and with the …

The technical outlook is unchanged, and the Canadian dollar’s ​​moves have not changed little, as part of the continued attempts to rise and stabilize above 1.2620. Technically, and despite the dominance of the general bearish trend over the pair’s movements, we believe that there is a possibility of an upward …

Negative trading is dominating the yellow metal’s movements after finding a strong resistance around 1927 which mentioned in the previous analysis, located at 23.60% Fibonacci retracement. Technically speaking, we see the intraday movements settled around the lowest level during the morning at 1906, and by looking at the chart, we …

Bitcoin succeeded in achieving the positive outlook, as we expected, touching the second target to be achieved yesterday, located at 37,240, recording its highest level at 37,692. Technically, the general bullish trend is still intact, but we believe that there is a possibility of a bearish slope occurring in the …