Technical Analysis

Oil, Crude, trading

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining positive stability and recording its highest level near the psychological barrier of 1.3700. Technically, and by looking closely at the 4-hour chart, we find that the pair established a good support base around the psychological barrier …

japanese-yen

Oil, Crude, trading

US crude oil futures prices witnessed a negative trading session within the expected bearish path within the idea of the required retest, touching the target of retesting support at 86.20, recording its lowest level during early trading in today’s session at 86.24. Technically, by looking at the 4-hour chart, we …

Gold movements are witnessing attempts to rise marginally, benefiting from the positive stability above the 1915 support level, and the price is now hovering around its highest level during the morning trading of today’s session at $1926 per ounce. Technically, and with a closer look at the 240-minute time frame …

Yesterday, the euro began to pressure the psychological barrier support level at 1.0700, recording its lowest level at 1.0686 within the gradual downward path. On the technical side today, we find that the simple moving averages are still pressuring the price from above, and the 50-day moving average meets around …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar maintained positive stability for the second session in a row, touching the first upward target achieved during the previous trading session at 1.3680, recording its highest level of 1.3678. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established …