Technical Analysis

US crude oil futures prices expanded their gains at the end of last week’s trading, touching the official target station at $ 89.45 and recording their highest level at $89.82 per barrel. Technically, we are leaning toward negativity in our trading, but with caution, relying on the return of trading …

Gold prices continued to rise within the general upward trend expected in the previous technical report. They exceeded the official station required to be touched at the price of 1976, recording their highest level of $1997 per ounce. On the technical side today, looking at the 240-minute time frame chart, …

We remained neutral during the last report, explaining that we are waiting for the pair to break free from the sideways price range confined between 1.0500 and 1.0600. The EUR/USD pair concluded last week’s trading on a positive note and began attacking the resistance of the psychological barrier 1.0600, recording …

Oil, Crude, trading

Oil, Crude, trading

Positive trades dominated the Canadian dollar’s movements, reflecting the downward trend we expected. We relied on trading stability below 1.3700. As a reminder, we indicated that moving upwards and consolidating above 1.3700 would immediately stop the expected downward trend. The pair would recover to retest 1.3740, recording its highest level. …

japanese-yen

Oil, Crude, trading

Mixed trading controls the performance of US crude oil futures contracts within the expected bullish path, touching the first target published in the previous technical report for 89.90, recording its highest level of $89.85 per barrel. Technically, prices were bearish after touching the resistance level represented by the target of …

As we expected, gold prices jumped during the previous trading session to achieve significant gains within the positive outlook. They touched the first target of $1953 and exceeded the second target of $1959, recording the highest level of $1962 per ounce. Technically, today’s movements are witnessing a retest of the …