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Oil, Crude, trading
Read More »GBP above support 30/11/2022
Oil touches the required targets 30/11/2022
US crude oil futures prices achieved the required retest target to be touched during the previous technical report, touching the first target 79.10, and approaching by a few points at the second target 79.80, to settle for recording its highest level at 79.61. Technically, looking at the 4-hour chart, we …
Read More »Gold retests support 30/11/2022
The strong support levels published during the previous analysis at 1745 could limit the bearish tendency that gold prices witnessed today to end its daily dealings above the mentioned level. Technically, gold prices retreated to the downside to test the floor of the pivotal support published yesterday at 1745, and …
Read More »Euro is in a sideways trajectory 30/11/2022
Limited sideways trading dominates EUR/USD, confined from the bottom above 1.0320, and from the top below 1.0400, for the second consecutive session. On the technical side today, we notice a contradiction between the technical signals, and we find the 50-day simple moving average that started pressuring the price from above. …
Read More »Dow Jones: negative pressure remains 29/11/2022
Oil, Crude, trading
Read More »CAD hit resistance 29/11/2022
The Canadian dollar touched the first target to be achieved during yesterday’s session at 1.3500, recording its highest level at 1.3505, and began to decline rapidly to the downside as a result of the collision with the resistance level represented in the target. Technically, and by looking closely at the …
Read More »GBP retesting support 29/11/2022
Oil, Crude, trading
Read More »Oil is trying to make up for the losses 29/11/2022
US crude oil futures prices found a support level of around 73.85, which forced the price to rebound bullishly to temporarily reverse the expected bearish trend, recording a high of 78.15 during the morning trading of the current session. Technically, the positive signals from the stochastic indicator, stimulated by the …
Read More »Euro settled above support 29/11/2022
Mixed trading dominated the movements of the euro-dollar pair during the previous trading session, recording its highest level at 1.0497, after it managed to consolidate temporarily above the resistance level published during the previous analysis 1.0420, to return to decline quickly as a result of approaching the resistance level of …
Read More »Gold is waiting for a new signal 29/11/2022
Mixed trading dominated gold prices yesterday, to be content with recording the first target of the previous technical report, at 1758, and approaching by a few points from the second target, 1767, recording the highest at 1764. Technically, gold prices retreated to the downside to test the floor of the …
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