Technical Analysis

Gold prices declined significantly during the previous session’s trading to achieve the official target for the current downward wave, as we expected at 1913, recording its lowest level during the morning trading of today’s session at $1910 per ounce. From the point of view of technical analysis today, and by …

Mixed trading dominated the movements of the euro-dollar pair during the previous session’s trading, as the pair failed to stabilize for a long time above the psychological barrier of 1.1000, forcing it to retreat to retest the support level currently hovering around it at 1.0940. On the technical side today, …

Oil, Crude, trading

The Canadian dollar continues its negative trading within the expected bearish context, in which we relied on trading stability in general, below the pivotal resistance of 1.3260, touching the first official target of 1.3180, and gradually approaching the second target of 1.3130, recording its lowest level during the trading of …

Oil, Crude, trading

We adhered to intraday neutrality during the last report due to conflicting technical signals, explaining that the price’s consolidation above the primary resistance of the current trading levels located at 71.55 is leading oil to record gains, starting at 72.60, to succeed in touching the target, recording its highest level …

Gold prices succeeded in achieving the expected negative outlook during the previous technical report, explaining that the continuation of trading below the main support of 1945 constitutes a negative pressure factor, with a target of 1924 and a main target of 1913, to suffice for recording its lowest level yesterday …

. Positive trades dominated the movements of the euro against the US dollar within the expected bullish path during the previous technical report, touching the official targets targeted yesterday at 1.0970 and 1.1000, recording its highest level during today’s early trading at 1.0995. On the technical side today, we tend …

Oil, Crude, trading

The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining negative stability, as we expected, after the 1.3270 resistance managed to limit the bullish bias, to see the current movements stabilize around its lowest level during the early trading of the current session at 1.3209. …