Daily Technical Analysis

The EUR/USD pair was able to achieve the first bearish target published during the previous report at 1.0775, relying on the confirmation of the pair breaking 1.0600, recording its lowest level at 1.0575. Technically, and by looking closely at the 4-hour chart, we find that the pair is now hovering …

Oil, Crude, trading

The Canadian dollar’s movements tended to be positive during the previous trading session, recording a high of 1.3660 after achieving a significant build-up above the support level of 1.3575. Technically, expectations indicate the possibility of achieving more gains based on the positive motif from the 50-day simple moving average, which …

Oil, Crude, trading

Positive movements dominated the prices of US crude oil futures contracts, recording additional gains that extended to the level of $77.80 per barrel. Technically, oil prices surpassed the resistance level of 76.60, which has now turned into a support level, which supports the possibility of an increase, in addition to …

Gold’s positive attempts achieved remarkable gains yesterday, recording its highest level of $1844 per ounce. Technically, we notice an initial breach above the resistance level of 1828. Furthermore, we note that gold prices continue to receive a positive incentive from the simple moving averages, which support the possibility of an …

Positive trades dominated the movements of the EURUSD during the previous trading session, building on the support of the psychological barrier 1.0600, recording its highest level at 1.0691. On the technical side today, and by looking closely at the 240-minute chart, we find that the euro is trying to consolidate …

Oil, Crude, trading

Technically, and by looking at the 240-minute chart, the pair maintains its stability above the 50-day simple moving average, which returned to carry the price from below, and we find the stochastic indicator trying to get rid of the intraday negativity. Therefore, the possibility of maintaining the quiet rise to …

Oil, Crude, trading