Daily Technical Analysis

Calm trading that tended to be positive dominated the movements of the EURUSD pair at the beginning of this week’s trading, starting with an upward trend, attacking the 1.0750 resistance level, recording its highest level at 1.0769. On the technical side today, with a closer look at the 4-hour time …

Oil, Crude, trading

Oil, Crude, trading

CAD witnessed a sideways trend for several successive sessions, confined from below above the support floor of the psychological barrier 1.3600 and from above below the resistance of the psychological barrier of 1.3700. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

japanese-yen

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts, confined from the bottom above 86.20 and the top below the psychological barrier resistance level of 88.00. Technically, with a closer look at the 4-hour chart, the Stochastic indicator began sending negative crossover signals, and this is accompanied by …

We adhered to intraday neutrality during the previous technical report due to conflicting technical signals, explaining that we are waiting for the confirmation of the breach of the 1929 resistance or the breach of the 1913 support. Gold prices found strong resistance around 1929, which forced the price to trade …

Limited side trading dominated the euro’s movements against the US dollar at the end of last week’s trading within a bearish context, concluding its trading around the psychological barrier of 1.0700. Technically, and with a closer look at the 4-hour time frame chart, we find that the simple moving averages …

Oil, Crude, trading