Daily Technical Analysis

Oil, Crude, trading

Oil, Crude, trading

Gold prices declined significantly during the previous trading session within the expected bearish context, to retest the broken neckline around 1776 and return to decline strongly, touching the official target of the current downside wave, as we indicated during the last report around 1735, recording its lowest level at 1736. …

The euro made positive attempts to rise against the US dollar. However, there are still limited attempts to hit the strong resistance level that was published throughout all reports this week at 1.1750, which was able to limit the bullish bias. Technically speaking, and by looking at the 240-minute chart, …

Positive trades dominated the German DAX index after maintaining trading above the support level of 15,430, stable around its highest level of around 15,585. Technically, we tend to be positive, but cautiously, relying on the positive crossover signals on Stochastic, in addition to the positive motive of the 50-day moving …

Oil, Crude, trading

GBP/JPY succeeded in achieving the official target to be touched at 149.00, recording its lowest level at 149.02, to the bullish rebound once again, benefiting from building a base on the support level represented in the last target. Technically, by looking at the 60-minute chart, we find that the RSI …

The Canadian dollar witnessed random, erratic trading but tended to the positive as the pair stabilized above the 1.2700/1.2720 support level. From the point of view of technical analysis, we are still inclined to the positivity, but cautiously, relying on the stability of trading above the mentioned support and the …

Oil, Crude, trading

Oil, Crude, trading