Tag Archives: technical

The British Pound maintains its bullish path against the US dollar, approaching a few points difference from the target published in the previous analysis, located at 1.3400, posting a high of 1.3397. Technically, and with a closer look at the 4-hour chart, we find the stochastic trying to obtain more …

Gold prices hit the strong resistance level published in the previous analysis at 1818/1819, which we clarified is one of the conditions for continuing the bearish trend to force the price to retreat quietly again. Technically speaking, and with a closer look at the 4-hour chart, the simple moving averages …

Positive trading dominated the movements of the German DAX index, touching the first target to be achieved during the last analysis at 13310, recording its highest level of 13327. On the technical side, we will maintain our positive outlook, relying on trading stability above the previously breached resistance level converted …

The Dow Jones Industrial Average jumped on Wall Street to achieve historical gains, as we expected, touching the official target 30,000 and approaching a few points difference from the second target 30200, to record its highest level at 30162. On the technical side, and with a closer look at the …

The pivotal resistance levels published during the previous analysis, located at 1.3110, managed to limit the bullish tendency and forced the pair to retreat again to touch the target published in the previous analysis, 1.3040, posting a low of 1.3043. Technically, we tend to be negative in our trading, relying …

Positive trades dominated the movements of the pound against the US dollar, approaching a few points difference from our published target during the previous analysis, located at 1.3390, to record its highest level at 1.3380. Technically, the pair found it difficult to continue rising as a result of approaching the …

Gold prices retreated significantly during the previous session, heading towards the second official target of the current downturn wave as we expected at 1800, shy of 3d goal at 1794. Technically, with the price’s failure to maintain trading above the 1845 level, accompanied by the negative pressure of the simple …

The German DAX index succeeded in achieving the second target of the previous analysis, which is located at 13290, posting a high of 13306. On the technical side, and with the index’s success in stabilizing intraday above 13080, in general above the solid support floor published during the previous analysis …

The Dow Jones Industrial Average jumped yesterday, canceling the negative outlook, as we expected it to return to its highest level at 29835. On the technical side, with the return of trading stability above the previously breached resistance level located at 29570, which was accompanied by the persistence of the …

The pivotal resistance levels published during the previous analysis, located at 1.3110, managed to limit the bullish tendency and forced the pair to retreat again to touch the target published in the previous analysis, 1.3040, posting a low of 1.3043. Technically, we tend to be negative in our trading, relying …