Technical Analysis

US crude oil futures prices incurred significant losses during the previous trading session, surpassing the bearish targets that must be touched in the last analysis at 80.00, to deepen its losses, reaching $75.30 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue …

Gold prices achieved the corrective decline idea published during the previous technical report, touching the first official target of the bearish correction wave at 1734, recording its lowest level in the last session, trading at $1732 per ounce. Technically, and by looking closely at the 240-minute chart, we find a …

The EURUSD pair started its first weekly trading on a bearish slope, after finding a strong resistance level around 1.0400, below the strong demand point indicated at 1.0270, explaining that the decline below the mentioned level puts the pair under negative pressure; its first target is 1.0200, recording its lowest …

Oil, Crude, trading

The resistance levels published in the previous analysis at 1.3400 could limit the bullish tendency in the last session’s trading, which forced the pair to trade within the downside path again, recording its lowest level at 1.3305. Technically, negative pressure comes from the simple moving averages, accompanied by clear negative …

Oil, Crude, trading

As we expected, US crude oil futures prices incurred significant losses during the last session’s trading within the negative outlook, surpassing the official target station at 82.10, recording its lowest price at $81.42 per barrel. Technically, oil confirmed breaking the support level of 82.00, and the current movements are witnessing …

Gold prices succeeded in realizing the idea of ​​the expected bearish bias during the previous technical report, touching the first bearish target required to be achieved at 1755, recording its lowest level at $1754 per ounce. Technically, and with a closer look at the 4-hour chart, we notice the stability …

For the second session in a row, the movements of the Euro-dollar pair did not witness a significant change within a limited bearish tendency that dominated the pair’s movements yesterday, to retest the support level of the psychological barrier 1.0300, maintaining the positive stability above. On the technical side, on …

Oil, Crude, trading