Tag Archives: technical

The Dow Jones index found a strong resistance level around 30,150, as we indicated yesterday that it is an important and essential condition for achieving further upside. On the technical side, and with a closer look at the 60-minute chart, we find negative signs appearing on Stochastic, temporarily losing bullish …

The Canadian dollar continues to decline within the expected direction, continuing its gradual decline to the downside, approaching the first leg at 1.2700. on the technical side, and with the regularity of movements inside the bearish price channel on the 4-hour time frame, in addition to the continuation of the …

The British pound retreated against the US dollar during the previous session within the expected bearish path, touching the second official target required at 1.3325, recording a low of 1.3225. On the technical side today, the price has stabilized below the previously breached support level, which is now converted into …

Gold prices achieved a remarkable rise during the previous trading session after finding a solid support floor near 1828. It is noticed that we indicated in the last analysis that stability above 1848 leads gold to complete the bullish correction with the aim of retesting the previously broken support-into-resistance 1857/1860 …

The German DAX started its first weekly trading with a bullish bias after it succeeded in building a base on the pivotal support floor located at 13,220. On the technical side, we tend to be positive, depending on the stability of trading above the mentioned support, in addition to the …

The Canadian dollar retreated significantly during last week’s trading, touching the target levels for the current bearish wave at 1.2785, recording its lowest level at 1.2772. On the technical side, Stochastic is trading near oversold areas, and on the other hand, we find the RSI and the simple moving averages …

Positive trading dominated the movements of the pound against the US dollar, touching the weekly target at 1.3500, reaching a high of 1.3540. Technically, the pair failed to stabilize for a long time above the psychological barrier resistance 1.3500, which forced it to trade near the support level 1.3420, so …

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 …

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 …