Tag Archives: technical

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, …

The Dow Jones Industrial Average jumped on Wall Street touching our official target to be achieved in the last analysis, which is located at a price of 30,260, reaching its highest level at 30,271. On the technical side, and by looking at the 60-minute chart, we find the RSI continues …

The Canadian dollar started its daily trading at a high, but still a limited rise, after attempts to build on the support floor of 1.2765 represented by the first target of the previous report. technically speaking and with a closer look at the 60-minute chart, we find the 50-day moving …

The British pound opened its early trades for the current session with a slight upward slope after several consecutive sessions of retreat against the US dollar within limited attempts to rise, benefiting from the psychological barrier support level of 1.3300. On the technical side, the price has stabilized below the …

We were standing on the fence during the previous trading session due to the importance of the current trading levels for the general trend in the short term. Technically speaking, gold prices collided with the pivotal resistance published during the previous analysis, 1870, which we indicated as the key to …

The German DAX maintains its gains during morning trading. On the technical side, we tend to be positive, depending on trading remaining above the strong support level at 13,160, in addition to the positive stimulus coming from the 50-day moving average. The first target is located around 13,320/13,340, and the …