Daily Technical Analysis

Trading tended to be positive, dominating the movements of the euro-dollar pair within the expected bullish context at the end of last week’s trading, approaching the resistance level of the psychological barrier 1.0600, which formed a strong resistance level that forced the pair to retest 1.0515. Technically, the pair is …

Oil, Crude, trading

The Canadian dollar reversed the expected bullish trend during the previous report, in which we relied on the stability of intraday trading above the support level of 1.3620, to decline to the downside as a result of approaching the resistance level of the psychological barrier 1.3600. Technically, we tend towards …

Oil, Crude, trading

Mixed trading dominated the price movements of US crude oil futures without a clear real direction, recording a low of 71.14 after recording a high of $75.41 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue the negative pressure on the price …

Positive trades dominated gold prices within the gradual upward path, as we expected, relying on the success of gold prices in forming a solid support ground around 1764, in addition to confirming the breach of the 1786 resistance level, for gold to record its highest price during the early trading …

The Eurodollar pair moved positively during the previous trading session after it succeeded in activating the pending purchase order mentioned yesterday at 1.0510, explaining that this can enhance the chances of a rise towards the first target 1.0555, recording its highest level at 1.0586. The technical side today indicates the …

Oil, Crude, trading

The technical outlook is unchanged, and the Canadian dollar did not change significantly, maintaining positive stability, to start the early trading of today’s trading session, stable above 1.3620. Technically, we find the 50-day simple moving average continues to hold the price from below, and this comes in conjunction with the …

Oil, Crude, trading