Tag Archives: technical

The DAX opened on a bullish bias, taking advantage of building a base on support floor at 13045. The technicals indicate the potential for the rally to resume, given the positive stimulus from the 50 SMA that is holding the price, in addition to the index continuing to gain upward …

The Dow Jones Industrial Average maintains its recent gains after successfully establishing a good support floor near the 29060 level. Technically today, we find RSI continues to defend the upside, in addition to building the index price above the aforementioned support level accompanied by the positive stimulus of the 50-day …

Positive trading returned to dominate the Canadian dollar after several consecutive sessions of a strong decline within positive attempts to breach the resistance level at 1.3065. Technically, the simple moving averages started holding the price from the bottom, accompanied by the RSI gaining bullish momentum over the short term. Thus, …

The British Pound succeeded in achieving the positive outlook, as we expected, touching the first target to be achieved at 1.3310, to hit its highest level at 1.3113. Technially, and with a closer look at the 4-hour chart, we find positive crossover signs appearing on the stochastic, supporting the return …

The bearish momentum continues to dominate gold’s movements within the expected bearish path, trying to break the bottom mentioned during the previous analysis, located at 1860, to record its lowest level at 1856. technically, the current trading is still stable below the resistance level of 1880, and with a closer …

The German DAX index continued to trade on the positive side, gradually approaching the first target to be achieved at 13295, reaching a high of 13287. Technically, with the index an intraday basis above the support of 12970, and in general above 12840, with the continuation of getting a positive …

The technical outlook remains unchanged, and the pair’s movements have not changed little to keep the bearish path after finding a strong resistance level near 1.3065 / 1.3070. Technically Speaking, and with a closer look at the 60-minute chart, we find there are limited positive attempts from the RSI, and …

Positive trades continue to dominate the movements of the pound against the US dollar within the bullish path, as we expected touching the required target located at 1.3265, posting its highest level during the morning trading of the current session at 1.3280. Technically speaking, and by looking at the 240-minute …

Positive attempts in yellow metal to reduce its recent losses within a limited upward tendency aimed at re-testing the 1890 resistance level. Technically, by looking at 60-minute chart, we find that the stability of the intraday trading below 1890 constitutes a negative pressure on the price, as we find the …

The German DAX jumped above the required targets at 12720, to hit a high of 13287. Technically, the bullish trend is still intact, given that trading remains stable above the resistance converted into support at 12720, with the index continuing to get positive motive from the 50-day moving average. We …