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Read More »GBP may resume decline 9/8/2023
Oil, Crude, trading
Read More »Oil finds a positive catalyst 9/8/2023
Mixed movements dominated the prices of US crude oil futures contracts, as we expected, touching the bearish official targets published during the previous technical report at 81.30 and 80.60, approaching the final target station at 79.60, only to record its lowest level at $79.97 per barrel. Technically, US crude prices …
Read More »Gold continues its gradual decline 9/8/2023
Gold prices were able to achieve the first bearish target required to be touched during the previous trading session, located at 1926 price, recording its lowest level at $1922 per ounce. Today’s technical vision indicates the possibility of resuming the bearish trend, relying on the continuation of the negative impact …
Read More »Euro is testing the support and confirming the break extends the losses 9/8/2023
Negative pressure dominated the movements of the EUR/USD pair yesterday, within the bearish technical outlook, as we expected, in which we relied on trading stability below the resistance of the psychological barrier 1.1000, heading to touch the first target to be achieved at 1.0950, recording its lowest level at 1.0952. …
Read More »Nasdaq hits the desired target 8/8/2023
Oil, Crude, trading
Read More »Dow Jones positivity needs confirmation 8/8/2023
Oil, Crude, trading
Read More »CAD continues to be positive 8/8/2023
The Canadian dollar was able to achieve the bullish scenario, as we expected, within a gradual rise to the upside, in which we relied on trading remaining above the 1.3300 support, a few pips away from the first target of 1.3410, recording the highest 1.3400 during the early trading of …
Read More »GBP fails to break through 8/8/2023
Oil, Crude, trading
Read More »Oil needs more consideration 8/8/2023
Mixed trading dominated the prices of US crude oil futures contracts yesterday. As a reminder, we indicated that closing at least an hour’s candle below the support level of 81.80 puts the price under negative pressure to find the price retesting the support of the ascending channel. We ended its …
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