Tag Archives: technical

The German DAX Index opened its first weekly trading with a bullish bias, heading to touch the first official goal mentioned in the previous analysis at 13,340, to post its highest level during the morning session at 13,361. On the technical side, and with the index’s success in retesting the …

Positive trading dominated the movements of the Dow Jones, surpassing the second required target achieved last Friday at a price of 29,890, posting its highest level of 29,976. On the technical side today, and despite the current slight bearish bias, we tend to be positive, depending on the RSI’s attempts …

The Canadian dollar continues to pressure the strong support level at 1.2990 within the continuation of the bearish path for the third consecutive session. Technically, with a closer look at the 4-hour interval chart, we notice the continuation of the negative pressure coming from the 50-day moving average, in addition …

The British Pound faced a strong level near the psychological barrier of 1.3400, which forced it to retest the support floor of 1.3280. Technically, looking at the 4-hour chart, we find positive crossover signals that are still dominating the stochastic indicator to get rid of the negativity, looking at the …

Heavy selling continues to control gold prices within a short-term downward correction trend touching the target to be achieved last Friday 1787, posting its lowest transactions with the opening of the current week’s trading in 1764 early this week. On the technical side, and by looking at the chart at …

Positive moves dominated the German DAX index within the bullish path, as we expected it approached with a difference of a few points of the target to be achieved during the previous session, 13365, posting a high of 13340. On the technical side, the intraday movements of the index are …

The positive attempts of the Dow Jones Industrial Average on Wall Street continue to maintain the gains it made during this week’s trading. Technically, and with a closer look at the 60-minute chart, we find the RSI indicator is still providing positive signals, accompanied by the positive motivation of the …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly for the second session in a row, maintaining negative stability. Technically, and with a closer look at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day moving average, in addition to …

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 …