Technical Analysis

The Nasdaq index reached the official target to be achieved yesterday, which was at 15,400, recording its lowest level at 15,395. Technically, we are leaning towards negativity in our trading, but with caution, relying on the clear negative signals on the 14-day momentum indicator on short time frames and trading …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the movements of the Canadian dollar yesterday within the bullish context expected during the previous technical report, touching the target of 1.3660, recording its highest level of 1.3670. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established a …

japanese-yen

Oil, Crude, trading

A noticeable surge in the prices of US crude oil futures contracts within the expected upward path, in which we relied on trading stability above the psychological barrier support floor of 85.00, touching the official target for yesterday’s session at 87.75, recording its highest level of $88.00 per barrel. Technically, …

Gold prices declined during the previous trading session within the negative outlook expected in the last report, touching the first official target of 1929, recording its lowest level of $1924 per ounce. Technically, by looking at the 240-minute time frame chart, we find that the simple moving averages continue to …

As we expected, the downward trend continued to dominate the movements of the EUR/USD pair, reaching the official target station during the previous technical report at 1.0700, recording its lowest level at 1.0700. Technically, with a closer look at the 4-hour chart, we find the pair stable below the psychological …

Oil, Crude, trading