US crude oil futures prices achieved the upside, as we expected at the end of last week’s trading, touching the required price station at 92.00, recording its highest level last Friday of $92.08 per barrel. Technically, and with careful consideration on the 4-hour chart, oil prices found strong resistance at …
Read More »Gold touches the target station and confirms the break 22/8/2022
Gold prices achieved the awaited technical target referred to during the last analysis at 1746, recording its lowest level at the end of last week’s trading at $1745 per ounce. Technically, gold prices are now stabilizing around their lowest level during the early trading session of the current session at …
Read More »The euro takes heavy hits from the dollar 22/8/2022
A strong bearish trend dominated the movements of the euro against the US dollar at the end of last week’s trading, within the expected negative outlook, heading to touch the official price target station at 1.0040, recording the lowest level at 1.0023. Today’s technical outlook indicates the possibility of resuming …
Read More »Dow Jones is forced to temporarily decline 19/8/2022
Oil, Crude, trading
Read More »CAD maintains positive stability 19/8/2022
Positive trading dominated the movements of the Canadian dollar after maintaining positive stability above the strong support floor at 1.2870, touching the required profit-taking order at the target of 1.2960, recording the highest level at 1.2967. Technically, we tend in our trading to the positive, relying on the stability of …
Read More »GBP: surrender against Usd 19/8/2022
Oil, Crude, trading
Read More »Oil: Making noticeable gains, Looking for momentum 19/8/2022
US crude oil futures prices jumped to achieve noticeable gains within the previously expected track during the previous report, exceeding the required official target 90.00, recording its highest level during the morning session of 91.00. Technically, by looking at the 4-hour chart, we find the simple moving averages returned to …
Read More »Gold continues to achieve our bearish goals 19/8/2022
Gold prices continue to lose within the expected bearish trend during the previous analysis. As a result, the price touched the required bearish targets at 1758 and 1753, recording its lowest level at 1753 during the Asian session of today’s trading session. On the technical side, and with careful consideration …
Read More »Euro continues losses 19/8/2022
A bearish trend dominated the movements of the Euro against the US dollar, as we expected during the technical outlook yesterday, touching the official target station at 1.0100, to record the lowest level at 1.0070 during the early trading of today’s session. Technically, the Euro failed to maintain trading above …
Read More »Dow Jones could see a downward slope 18/8/2022
Oil, Crude, trading
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