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Oil, Crude, trading
Read More »Dow Jones retests support 13/4/2023
CAD continues to be negative 13/4/2023
The Canadian dollar was able to maintain the bearish path, heading to touch the first profit-taking required to be achieved during the previous trading session’s trading at 1.3440, recording its lowest level at 1.3428. From the angle of technical analysis today, we continue to maintain the negative outlook, relying on …
Read More »GBP is making significant gains 13/4/2023
Oil, Crude, trading
Read More »Oil is on the rise 13/4/2023
US crude oil futures prices jumped, continuing to achieve gains during the expected wave of rise during the previous analysis, touching the official target station at 83.20, recording its highest level of $83.50 per barrel. Technically, by looking at the 240-minute chart, we find that oil prices succeeded in achieving …
Read More »Gold continues the upward push 14/4/2023
A noticeable rise in gold prices, continuing to achieve gains for the fifth session in a row within the expected positive outlook, touching the official target station during the last analysis at the price of 2040, recording its highest level of $2048 per ounce. Today’s technical vision indicates the possibility …
Read More »Euro is regaining its bullish track, taking advantage of greenback’s decline 13/4/2023
Positive trades dominated the euro-dollar pair to reflect the expected bearish trend during the previous analysis, benefiting from the decline of the US dollar after the appearance of US inflation data. As a reminder, we indicated that closing above the resistance level of 1.0925 can postpone the suggested bearish scenario …
Read More »Dow Jones achieves the bullish targets 12/4/2023
Oil, Crude, trading
Read More »CAD starts with negativity, eyes on BoC 12/4/2023
Negative trades dominated the movements of the Canadian dollar within the negative outlook, as we expected during the previous analysis, to start with negative pressure on the support floor published in the last analysis at 1.3480. Technically, the Canadian dollar failed to stabilize over the negative barrier of 1.3500, and …
Read More »GBP: needs to monitor price behavior 12/4/2023
Oil, Crude, trading
Read More »Oil is rebounding after touching the bearish correction target 12/4/2023
US crude oil futures prices achieved the first corrective decline target published during the previous technical report, located at 79.30, to rebound quickly to the upside. The current movements are hovering around $81.30 per barrel. Technically, the current movements of oil are witnessing stability above the resistance of 80.80, in …
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