Technical Analysis

Oil, Crude, trading

The Canadian dollar was able to achieve the bullish scenario, as we expected, within a gradual rise to the upside, in which we relied on trading remaining above the 1.3300 support, a few pips away from the first target of 1.3410, recording the highest 1.3400 during the early trading of …

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts yesterday. As a reminder, we indicated that closing at least an hour’s candle below the support level of 81.80 puts the price under negative pressure to find the price retesting the support of the ascending channel. We ended its …

A weak bearish trend dominated the gold price movements during the first trading of this week within the bearish cycle to the downside, recording its lowest level at $1931 per ounce, after the level of 1945 formed a strong resistance level. The technical outlook is unchanged and there were no …

Quiet negative movements dominated the euro-dollar pair within the expected bearish path during the previous report, approaching the first target 1.0955, recording its lowest level at 1.0965, after failing to stabilize for a long time above the resistance of the psychological barrier 1.1000. On the technical side today, and with …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the movements of the Canadian dollar during the previous trading session to end its weekly dealings above 1.3350, and the current movements of the pair are witnessing stability around 1.3377. Technically, we tend to be positive in our trading depending on the positive impulse from the 50-day …

Oil, Crude, trading