US crude oil futures prices reflected the expected bearish trend, in which we relied on trading to remain stable at the time of writing of the previous report, below the resistance level of 75.10, explaining that the price’s attempts to consolidate above 75.10 might lead oil prices to a temporary …
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Gold prices were able to resume the correctional decline, as we expected, touching the target to be achieved in the previous technical report at the price of 1818, in which we relied on confirming the break of 1828. Technically, by looking at the 240-minute chart, we find the 50-day simple …
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The euro fluctuated significantly during the previous trading session, within the expected technical outlook, touching the first target to be achieved at 1.0570, recording its lowest level at 1.0575. On the technical side today, EURUSD is trading intraday below the previously broken support level at 1.0630, accompanied by the negative …
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Oil, Crude, trading
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The Canadian dollar continues its efforts to complete the required rise within the expected bullish path during the previous trading session, approaching a few pips from our first target of 1.3580, recording its highest price at 1.3570. Technically, by looking at the 240-minute chart, the stochastic indicator entered the overbought …
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Oil, Crude, trading
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US crude oil futures prices extended their losses as expected, surpassing the official target station at 75.00 to a low of $73.83 per barrel. Technically, there is a clear breach of the support floor of the psychological barrier 75.00, accompanied by the continuation of the simple moving averages providing negative …
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A bearish trend continues to control gold prices, constantly pressurized by the rise of its American rival. As a result, it is heading to touch the first official target station during the previous analysis, at 1828, recording its lowest level at $1823 per ounce. The technical analysis today indicates the …
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Negative trading dominated the movements of the EURUSD pair during the previous trading session, within the expected bearish context in the last technical report, touching the first target of 1.0630, recording its lowest level near the psychological barrier of 1.0600. On the technical side today, and with a closer look …
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Oil, Crude, trading
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