Tag Archives: technical

The positive moves continued to dominate the Dow Jones Industrial Average, as we expected, surpassing the required target mentioned in the previous report, located at 30,200, recording its highest at 30,263. On the technical side, with the index price above the previously breached resistance-into-support 30,000, in addition to the index …

Gold prices succeeded in touching the first required target in the last trading sessions of last week at 1847 within the upward correction move within the downside. Technically, given at the 60-minute interval chart, we find the resistance level of 1847 that represents an obstacle for the price to complete …

Negative trades dominate the movements of German Dax, where it found a strong resistance level near 13,320. Technically speaking, by looking at the 60-minute chart, we find the RSI indicator began to gradually lose the bullish momentum accompanied by the stability of trading below 13,280. Consequently, we may witness a …

Positive trading dominated the moves of the Dow Jones Industrial Average within the expected upward path, surpassing the second target required to be achieved at 30,050, posting a high of 30,089. Technically, The index continues to obtain a positive stimulus from the 50-day moving average, in addition to stochastic around …

Negative trading continues to control the Canadian dollar’s ​​movements, after several consecutive sessions in which we await confirmation of a break of 1.2920, showing that this leads the pair to resume the downside path with targets of 1.2870, then 1.2830, to record its lowest level at 1.2847. Technically, and with …

The British pound succeeded in achieving the expected positive outlook Mentioned in the previous analysis, touching the goal of 1.3500, posting a high of 1.3500. On the technical side, and with trading above the pivot support level, which represents the key to protecting the upside move at 1.3220, in addition …

Positive attempts to gold prices succeeded in achieving the bullish correction scenario within the bearish trend heading for re-test the pivotal resistance level located at 1837, posting high at 1844. Technically speaking, by looking at 4-hour chart, we see gold has succeeded in stabilizing intraday above the level of 1826, …

The movements of the German DAX index witnessed a slight bearish bias during the previous trading session, finding a good support floor around 13,250. Technically, the simple moving averages are still trying to push the price higher on the 4-hour time frame with positive signals from RSI on the short …

The Dow Jones Industrial Average maintains the gradual upward trend, approaching the first target mentioned in the previous report, located at 29,960, recording its highest levels at 29,937. On the technical side, with the index consolidating above the 29,730/29,710 support floor, accompanied by positive signs of RSI. Therefore, we maintain …

The technical outlook is unchanged, and the Canadian dollar has not changed significantly for the third consecutive session, maintaining negative stability. Technically speaking, the technical factors indicate the possibility of continuing decline, to find the simple moving averages continue to make a negative pressure on the price accompanied by negative …