Tag Archives: technical

The Canadian dollar is hovering around the support level mentioned in the analysis located at 1.2680, which we showed that it represents the first protection key to maintain the bullish corrective bias. In terms of technical analysis, and despite the technical factors that support the continuation of the decline, we …

The yellow metal witnessed a bearish tendency during the morning trading of the current session within the bearish context as we expected, in which we relied on confirming the break of 1843, indicating that this would facilitate the task required to visit 1836 then 1826 to record its lowest level …

Negative trading dominated Bitcoin’s moves within the profit-making operations aimed at touching 32,820 levels. On the technical side, today we may witness the completion of a bearish correction with the continuation of the negative pressure of the 50-day moving average, but on condition that we witness a clear break of …

The German DAX index succeeded in achieving the goal of re-testing the support mentioned in the previous analysis at 13,820, recording the lowest price at 13,826. On the technical side, the current trading of the index stabilizes below the 14,000 psychological barriers, accompanied by the negative signs of the RSI …

We remained neutral during the previous analysis, explaining that the activation of selling positions depends on confirming that the index has broken the support level of 30,870 so that the price heads to visit 30,710 posting low of 30,776. Technically, and with a closer look at the 60-minute chart, we …

The Canadian dollar continues its efforts to rise to re-test the 1.2800 resistance level, which it has not yet been able to breach. Technically, the current trading is stabilizing near its lowest level during the early trading at 1.2700, and with a closer look at the chart, we find the …

Gold prices managed to touch the first target to be achieved mentioned in the previous analysis, which is located around the support level of 1837, recording its lowest levels during the previous trading session at 1836. Technically speaking, prices benefited from touching the support level represented by the target of …

Bitcoin managed to enter retest we mentioned in the previous analysis, we also indicated that surpassing the resistance level at 35,415 increases the probability of a return to the rise towards 35,910, to post 36,085 for the current session. We tend to be positive in our trades with the continuation …

The current moves in the German DAX are witnessing a bearish bias after finding a strong resistance level near the psychological barrier of 14,000. On the technical side today, we tend to be negative in our intraday trading, relying on intraday trading below the psychological barrier of 14,000, which is …

Negative trading dominated the Dow Jones Industrial Average on Wall Street after finding a strong resistance level around 31,040/31,070. Technically, there is a contradiction between stochastic concentrating around overbought areas, and negative signals coming from the RSI on short time frames. We are staying on the fence until the more …