Daily Technical Analysis

Oil, Crude, trading

US crude oil prices continue to fall amid intense selling operations within the strong downward trend expected during the previous technical report, exceeding the first official target of 82.75, approaching by a few points from the second target of 82.00, recording its lowest level of $82.20 per barrel. Technically, the …

For the second session in a row, gold trading is limited from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find that positive crossover signals are …

For the second session in a row, the EUR/USD pair is trying to reduce its previous losses to retest the pivotal resistance published in the last technical report, located at 1.0550, which it has been unable to break. Technically, and with a closer look at the 4-hour time frame chart, …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar achieved the first bullish target published during the previous technical report at 1.3750, recording its highest level of 1.3780. Technically, and with a closer look at the 4-hour time frame chart, the pair established an excellent support ground near the 1.3675 level, accompanied by positive motivation from …

japanese-yen

Oil, Crude, trading

US crude oil futures prices continue to incur losses amid strong selling, as we expected, exceeding the bearish targets required to be achieved during the previous technical report at 86.60, recording its lowest level at $84.20 per barrel. Technically, by looking at the 4-hour time frame chart, we find the …