Daily Technical Analysis

Oil, Crude, trading

The Canadian dollar found a solid support ground near 1.3570, which helped it maintain temporary positive stability to begin attacking the psychological barrier resistance level of 1.3600, and the intraday movements witnessed stability above it. From a technical standpoint today, we are leaning towards positivity, but with caution, in our …

japanese-yen

Oil, Crude, trading

US crude oil futures prices continue to form an upward attack within the expected bullish context at the end of last week’s trading, exceeding the required target of 85.30, recording its highest level of $86.10 per barrel. Technically, oil prices continue to receive a positive stimulus from the simple moving …

Gold prices declined yesterday after it collided with the strong resistance level at 1945, which forced it to trade negatively, and it will now settle around its lowest level during early trading of the current session around $1936 per ounce. Technically, and with a closer look at the 4-hour time …

Quiet negative trading dominated the movements of the EUR/USD pair amid the holiday in the American markets at the beginning of this week’s trading, with the euro maintaining negative stability against the US dollar, recording its lowest level at 1.0771. Technically, by looking at the 4-hour time frame chart, we …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar achieved the first bearish target required to be touched during the previous technical report at 1.500, recording its lowest level at 1.3490. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing to exert negative pressure on the pair, in addition to trading …