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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A weak bearish trend dominated the gold price movements during the first trading of this week within the bearish cycle to the downside, recording its lowest level at $1931 per ounce, after the level of 1945 formed a strong resistance level. The technical outlook is unchanged and there were no …
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Quiet negative movements dominated the euro-dollar pair within the expected bearish path during the previous report, approaching the first target 1.0955, recording its lowest level at 1.0965, after failing to stabilize for a long time above the resistance of the psychological barrier 1.1000. On the technical side today, and with …
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Oil, Crude, trading
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Oil, Crude, trading
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Positive trading dominated the movements of the Canadian dollar during the previous trading session to end its weekly dealings above 1.3350, and the current movements of the pair are witnessing stability around 1.3377. Technically, we tend to be positive in our trading depending on the positive impulse from the 50-day …
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Oil, Crude, trading
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US crude oil futures prices jumped by the end of last week’s trading to achieve noticeable gains during the American period, recording a high of $83.26 per barrel. Today’s technical outlook. Closer looking at the 240-minute chart, we notice the continuation and regularity of work within the bullish channel and …
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Gold prices remained downward during last week’s trading, recording its lowest level last Friday at $1924 per ounce. Technically, and by looking at the 240-minute chart, the price is stable below the strong resistance level of 1945, in addition to the continuation of the negative impact of the bearish technical …
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Negative trades continue to control the movements of the euro-dollar pair, to start this week’s trading on a bearish slope, stable below the resistance level of the psychological barrier 1.1000. On the technical side today, and when looking closely at the 4-hour chart, we find that stochastic continues to provide …
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