Daily Technical Analysis

Negative trading returned to control the movements of the Canadian dollar with the opening of the first trading sessions of this week after it found a strong resistance level of around 1.3680. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on …

japanese-yen

Oil, Crude, trading

US crude oil futures prices extended their gains to achieve gains estimated at more than 5.0%, reaching $87.15 per barrel. Technically, the level of 87.00 formed a strong resistance level that succeeded in limiting the rise. With a closer look at the chart with a time interval of 240 minutes, …

Gold prices jumped to achieve substantial gains after the markets opened yesterday, with a rising price gap placing gold prices above the 1838 resistance level, recording its highest level at $1865 per ounce. The technical vision today indicates the possibility of an increase, relying on the stability of trading above …

A quiet, gradual rise for the EUR/USD pair in light of the absence of US markets yesterday, trying to reduce its previous losses and begin attacking the psychological barrier resistance level of 1.0600. Technically, and with a closer look at the 4-hour time frame chart, we find that the EUR/USD …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …

japanese-yen