Daily Technical Analysis

A sharp decline in gold prices within the expected downward path, in which we relied on breaking 1913, with the price heading to achieve the official target required to be touched during the previous trading session at 1880, recording its lowest level at $1873 per ounce. Today’s technical aspect indicates …

The euro continues to suffer losses against the US dollar within the expected downward trend during the previous technical report, touching the official target station at 1.0515, recording its lowest level at 1.0488. Technically, and with a closer look at the 240-minute time frame chart, we notice that the pair …

Oil, Crude, trading

Oil, Crude, trading

Positive trading continues to control the movements of the Canadian dollar within the expected upward path during the previous technical report, maintaining positive stability above the strong support floor 1.3450. Technically, we are leaning towards positivity in our trading, relying on the pair’s success in crossing upwards and rising above …

japanese-yen

Oil, Crude, trading

US crude oil futures prices achieved the idea of a corrective decline published during the previous report, touching the first bearish correction target of 88.65, approaching a few points ahead of the second target of 88.00, recording its lowest level at $88.23. Technically, prices witnessed a rapid upward rebound due …

Gold prices achieved the official target published during the previous technical report, explaining that breaking the main support floor for the current trading levels of 1913 led the price to visit 1903, recording its lowest level at $1899 per ounce. Technically, today, by looking at the 4-hour chart, we find …

A strong downward trend continues to control the movements of the Euro/Dollar pair within the negative outlook expected during the previous analysis, touching the desired target at 1.0555, recording its lowest level during early trading of the current session at 1.0555. Technically, and with a closer look at the 4-hour …