Tag Archives: technical

The Dow Jones Industrial Average found a strong resistance level around 30,160, which was able to limit the upside temporarily, as the current moves are witnessing a slight bearish slope around its lowest level during the session 29,950. On the technical side, and with a closer look at the 60-minute …

The Canadian dollar declined significantly, heading to visit our first target for the current downturn, which was published in all technical reports for the current week at a price of 1.2700, recording a low at 1.2705. On the technical side, and by looking at the 60-minute chart, we find the …

Strong declines in the movement of the pound against the US dollar approached by a few points from the first target of the current wave of decline, as we expected at 1.3220, recording a low at 1.3242. On the technical side, and with a closer look at the 4-hour chart, …

The technical outlook remains unchanged, and gold’s movements have not changed significantly, maintaining the bearish bias, stable below the 1850 resistance level. Technically speaking, and with a closer look at the 240-minute chart, the signs of negativity are still dominating the stochastic, and this comes in conjunction with the RSI …

The German DAX index succeeded in achieving the target required mentioned in the previous report, located at a price of 13,420, reaching its highest level at 13,453. On the technical side, we tend to be positive in our trading, relying on the index above the support floor of 13,245, which …

Positive trading dominated the movements of the Dow Jones Industrial Average after it succeeded in breaching the resistance level at 30,270, posting a high of 30,307. On the technical side, the current movements on short time intervals are witnessing a bearish tendency, as a result of the price stabilizing below …

Limited positive attempts for the Canadian dollar are close to the goal of re-testing the resistance at 1.2850, to record its highest level during the previous session at 1.2835. Technically speaking, we find the pair trying to build a support floor around 1.2765, as we find the stochastic indicator trying …

Mixed trades dominated the movements of the pound sterling against the US dollar, cancelling the negative outlook and touching the stop-loss order published in the previous analysis at 1.3410, recording its highest level at 1.3480. On the technical side, and despite the bullish tendency, we tend to be negative. We …

The pivotal resistance levels published during the previous analysis located at the price of 1870, which we indicated as the key to protecting the bearish trend, succeeded in limiting the upward bias, forcing gold prices again to trade negatively towards the second required target of 1843, posting its lowest price …

Positive Moves is still dominating the movements of the German DAX index. On the technical side, we tend to be positive, depending on trading remaining above the strong support at 13,220, in addition to the positive motive coming from the 50-day moving average. The first target is located around 13,320/13,340, …