Daily Technical Analysis

Gold prices achieved the negative technical outlook, as we expected during the previous technical report, touching the first target achieved at 1900, recording its lowest level at $1896 per ounce. On the technical side today, by looking at the 4-hour chart, with the continuation of the negative intersection of the …

Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is as it is, without change, and the pair’s movements did not change significantly, maintaining its bullish path after establishing a good support base of around 1.3400. From the point of view of technical analysis today, the 50-day simple moving average still carries the price from below, …

japanese-yen

Oil, Crude, trading

Mixed movements dominated the prices of US crude oil futures contracts, moving in both upward and downward directions. As a reminder, we indicated during the previous report that we are waiting for a bearish tendency that aims to retest 82.00 and 81.70, explaining the importance of this level to the …

As we expected, the bearish trend continues to dominate gold’s movements within the bearish technical track, bypassing the first targeted station during the previous analysis, located at 1906, recording its lowest level at $1902 per ounce. On the technical side today, by looking at the 4-hour chart, with the continuation …

Noticeable declines dominated the Eurodollar pair within the bearish technical outlook, as we expected, in which we relied on breaking the support level at 1.0955, touching the first target at 1.0885, and recording its lowest level at 1.0874. On the technical side today, and with a closer look at the …