Daily Technical Analysis

The euro-dollar pair did not show strong movements during the previous trading session, as part of its attempts to breach the strong supply zone published in all technical reports for the current week at the price of 1.0740, representing the key to the continuation of the bullish trend. On the …

Oil, Crude, trading

As we expected, a bearish trend dominated the Canadian dollar’s movements with a gradual decline to the downside, approaching the official target of 1.3320, posting its lowest level at 1.3355. Technically, the most favourable direction is still bearish, with the negative pressure of the simple moving averages, which continue to …

Oil, Crude, trading

US crude oil futures prices reversed the expected bearish trend mentioned in the previous analysis, in which we relied on trading stability at the time of writing the report below the resistance level of 75.60, explaining that if the level mentioned above is breached, oil prices may recover with the …

Gold’s movements did not witness a significant change during the trading of the previous trading session, after several consecutive sessions of incline, to be able to touch the target to be achieved during the past week, 1880, which formed a strong supply point that it was unable to break until …

The euro-dollar pair witnessed a positive trading session within the expected bullish context. Accordingly, we relied on stability above the psychological barrier of 1.0600, reaching the official station targeted for the current bullish wave at 1.0740, recording its highest level at 1.0760. On the technical side today, we find there …

Oil, Crude, trading

The Canadian dollar followed the negative outlook during the previous technical report, heading to touch the official bearish station on friday at 1.3420, recording its lowest level during the morning trading of today’s session at 1.3400. Technically, and by looking closely at the 4-hour chart, we find that the pair …

Oil, Crude, trading