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Oil, Crude, trading
Read More »GBP extends its gains against USD 18/7/2023
Oil is trying to build on support 18/7/2023
Mixed trading dominated the movements of the US crude oil futures contracts yesterday, moving in both upward and downward directions, recording the lowest level at 73.89 while the highest around $76.00 per barrel. Today’s technical outlook, and with a closer look at the 240-minute chart, we find that the price …
Read More »Gold retest the support 18/7/2023
Gold prices are witnessing a quiet upward rise within the bullish path published during the previous technical analysis, gradually approaching the 1970 target to record its current high during the morning trading of today’s session 1961. Technical View Today, gold prices achieved a typical re-test of the main support floor …
Read More »Euro beats USD 18/7/2023
The euro-dollar pair continues to achieve gains within the gradual rise, as we expected, and currently hovering near its highest level during the morning trading of today’s session, at 1.1255. On the technical side, the pair was able to build on the support of the psychological barrier 1.1200, accompanied by …
Read More »Nasdaq is resting on support 14/7/2023
Oil, Crude, trading
Read More »Dow Jones retests support 14/7/2023
Oil, Crude, trading
Read More »CAD continues to drop 14/7/2023
Significant negative trades dominated the movements of the Canadian dollar within the expected technical outlook during the previous technical report, touching the first target at 1.3090, recording its lowest level at 1.3092. Technically, and with a closer look at the 240-minute chart, we find that the pair is stable below …
Read More »GBP competes strongly with the dollar 14/7/2023
Oil, Crude, trading
Read More »Oil continues to rise 14/7/2023
US crude oil futures prices jumped to record noticeable gains within the expected bullish context, touching the second target of the previous report at 77.00, recording a high of $77.30 per barrel. The technical outlook remains unchanged; we tend to be positive depending on the price’s consolidation in general above …
Read More »Gold is slowly creeping up 14/7/2023
Quiet, positive trading dominated gold price movements in a bullish context during the previous trading session, recording its highest level at $1963 per ounce. Today’s technical vision indicates the possibility of continuing the rise, depending on the positive impulse from the simple moving averages that support the daily bullish price …
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