Daily Technical Analysis

The bearish trend regained control of the EUR/USD pair after the US dollar received positive momentum after the US jobs data came in better than expected. On the technical side today, by looking at the 240-period chart, the current movements of the pair stabilize below the main resistance level of …

Oil, Crude, trading

Negative trades dominated the Canadian dollar within the expected bearish path after it failed to maintain its positive stability above 1.3550, surpassing the bearish targets that should have been touched at 1.3500, recording its lowest level at 1.3427. From a technical point of view, today, with the pair’s success in …

Oil, Crude, trading

After several successive sessions of sharp decline, an upward trend returned to control the movements of US crude oil futures yesterday to establish a good support base of around 68.40. Technically, we tend to rise during the day, relying on trading remaining above the support above 68.40, accompanied by the …

We adhered to intraday neutrality over the past two sessions due to the conflicting technical signals, explaining that we are waiting for the pending orders to be activated by breaking 1945 or breaching 1977, so that gold movements witnessed an upward trend during yesterday’s session to start activating the awaiting …

Trading tended to be positive, dominating the movements EURUSD pair during the previous trading session, benefiting from touching the last target around the 1.0640 support floor, to start a bullish rebound, to reflect the expected bearish trend yesterday, in which we relied on trading stability below the main resistance 1.0740, …

Oil, Crude, trading

The Canadian dollar provided positive trades until the middle of the American session, approaching by a few pips from the first target to be touched at 1.3660, recording its highest level at 1.3651. Technically, we find that the pair’s movements returned to decline quickly as a result of approaching the …

Oil, Crude, trading