Daily Technical Analysis

Gold prices witnessed a gradual, quiet rise to the top within the expected positive outlook, touching the first official target required to be achieved during the previous analysis at 1874, recording its highest level during the early trading of the current session, $1878 per ounce. Technically, we are leaning toward …

The EUR/USD pair obtained positive signals during the previous trading session, touching the first target achieved in the last report at the price of 1.0640, recording its highest level of 1.0635. On the technical side today, by looking at the 4-hour chart, we find that the simple moving averages still …

Oil, Crude, trading

Oil, Crude, trading

Negative trading continued to dominate the movements of the Canadian dollar during the previous trading session within the bearish context expected in the last analysis, recording its lowest level at 1.3570. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the …

japanese-yen

Oil, Crude, trading

Mixed trades tended to be negative. US crude oil futures prices dominated, within the expected negative outlook during the previous technical report, approaching the official station of 85.00, recording its lowest level at $85.17 per barrel. Technically, the 50-day simple moving average meets near the resistance level of 86.80 and …

Narrow-range side trading witnessed for gold prices during the previous trading session being stable from the bottom above 1853 and from the top below the 1865 resistance level. The technical vision today indicates the possibility of an increase, relying on the stability of intraday trading above 1847, and in general …

The technical outlook remains unchanged, and there has been no significant change in the movements of the EUR/USD pair as part of the continued attempts to gradually rise upward within the expected bullish context, recording its highest level at 1.0620. Technically, and with a closer look at the 4-hour time …