Technical Analysis

Negative trading dominated the prices of US crude oil futures contracts, with a downward correction during the previous trading session. The official target stations were at $ 86.5 and $ 86.00; the lowest level posted was $85.40 per barrel. Technically, the simple moving averages have begun to exert negative pressure …

The support level published in the previous report, at $ 1969, could limit the downward trend in gold prices during the first trading sessions of this week. This forced gold to maintain positive stability, and current movements indicate it stabilizes around $1977 per ounce. From a technical standpoint, looking at …

After several successive sessions of movement within a sideways price range, the euro succeeded in confirming the breach of the resistance of the psychological barrier 1.0600, heading to touch the official target required to be achieved during the previous technical report at the price of 1.0670, recording its highest level …

Oil, Crude, trading

Oil, Crude, trading

Trading tended to be positive during the previous trading session, following the gradual upward path we expected, recording its highest level at 1.3734. Technically, with the pair’s success in stabilizing above the previously breached resistance at the price of 1.3680, in addition to the positive incentive coming from the simple …

japanese-yen

Oil, Crude, trading

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, …