Tag Archives: technical

The Canadian dollar showed noticeable gains during the previous trading session, heading for the retest target to be achieved at 1.2940, to record its highest level at 1.2957. Technically speaking and with the pair’s success in surpassing the previous breached resistance level of 1.2770, which has now turned into a …

Mixed trades dominated the yellow metal prices yesterday within random movements that tended to be negative, recording its lowest level at 1855. Technically, and by looking at the 240-minute chart, we found a conflict between the clear negativity on the stochastic indicator, which supports the continuation of the decline, and …

The German DAX index maintained its gains, continuing its gradual rise to the top, approaching a few points difference from the target required to be achieved during the previous analysis, 13,790, recording its highest level of 13,760. On the technical side, as the index continues to receive a positive stimulus …

Positive trading continues to control the movements of the Dow Jones Industrial Average on Wall Street, to find the index succeeded in building a base on the support floor of 30,050, and in general above 30,000. On the technical side, and with the RSI still defending the upside, in addition …

The support levels published during last week’s reports located at the price of 1.2700 were able to limit the bearish bias that continued for several sessions in a row, to find that the pair succeeded in building a base on the aforementioned level within the bullish correction scenario published during …

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 …