Daily Technical Analysis

Oil, Crude, trading

Gold prices incurred strong losses at the end of last week’s trading within the expected downside path, in which we relied on the existence of a bearish technical structure that supports the decline, surpassing the official target of 1745, recording its lowest price of 1717. Technically speaking, and with a …

The euro fell against the US dollar, a noticeable decline within the negative outlook expected during the previous analysis, touching the second official target of 1.2065, posting a low of 1.2062. On the technical side today, and with a closer look at the chart, we find the negative pressure continues …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session on Wall Street, recording its highest level at 32030. On the technical side, trading in a short time frame witnessing a bearish bias, as we find the price stable below 31,300, and in general …

Clear negative trades dominate the pound against the Japanese yen within the bearish correction scenario referred to during the last analysis, touching the required target 148.50, to record its lowest price during early trading for the current session 148.03. On the technical side, we will maintain our negative outlook, relying …

The Canadian dollar starts its daily trading with a bullish bias, after it found a solid support floor around 1.2470, to witness the current moves a return to trading stability again above 1.2560. Technically, today we are biasing positively in our trading, relying on the positive motive coming from the …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices fell significantly during the previous session’s trading within the expected negative context during the last analysis, in which we depended on the stability of trading below the resistance level of 1816, surpassing the official target required to be achieved by 1770, recording its lowest price during …

The Euro succeeded in achieving the expected positive outlook during the previous analysis, in which we relied on confirming the breach of 1.2175, heading for touching our second awaited target of 1.2235, recording its highest level at 1.2242. Technically, and with a closer look at the 60-minute chart, we find …