Tag Archives: technical

The Canadian dollar succeeded in completing the bullish correction mentioned in the previous technical analysis, touching the target of the aforementioned correction wave at 1.2830, to hit its highest level at 1.2835. Technically, by a closer look at the 60-minute chart, we find the moving average continues to hold the …

Gold’s movements witnessed a slight bullish tendency during the previous session’s, but there was limited positive trades targeted a re-test of 1865. On the technical side, we find Stochastic continues to losing bullish momentum gradually, and this comes in conjunction with the negative signs coming from the RSI. From here, …

The current movements of Bitcoin are witnessing a downward trend as a result of struggling with the psychological barrier of 40,000 within a bearish context targeting a re-test of 30,670. Technically, The simple moving averages pressing the price from the top, with negative signs from stochastic indicator. Consequently, we may …

The German DAX index was able to touch our desired target at 14,130. to post high at 14,122. On the technical side, with the index’s managed in to build on support floor of 13,990/13,970 accompanied by the index obtaining upward momentum from the RSI. It encourages us to maintain our …

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 …