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Oil, Crude, trading
Read More »GBP takes advantage of USD 9/9/2022
Oil may witness a temporary recovery attempt 9/9/2022
Negative trading dominated the US crude oil futures prices within the expected bullish track, to settle for recording its lowest level near the 81.00 barrier. Technically, the current oil movements are witnessing a bullish tendency, benefiting from stability above the mentioned support level and the attempt for intraday stability above …
Read More »Gold touches the target and breaking of the resistance extends the gains 9/9/2022
A gradual rise in gold prices within the positive outlook, as we expected during the previous analysis, heading to touch the official price station at 1726, recording its highest level at 1728. On the technical side today, and by looking at the 4-hour chart, we find gold succeeded in establishing …
Read More »The Euro breaks the resistance and starts forming a bullish wave 9/9/2022
The euro succeeded in achieving noticeable gains against the US dollar within the expected bullish path, in which we depended on consolidation above the parity point 1.0000, explaining that this is a catalyst that enhances the chances of rising to visit 1.0080, reaching its highest level during the early trading …
Read More »Dow Jones is based on support 8/9/2022
Oil, Crude, trading
Read More »CAD may witness a temporary decline 8/9/2022
Mixed trading dominated the movements of the Canadian dollar, affected by the decision of the Bank of Canada regarding interest rates. The pair failed to breach the 1.3200 resistance, which forced it to form a bearish slope to retest the 1.3120 support level. Technically, and by looking at the 4-hour …
Read More »GBP is building on support 8/9/2022
Oil, Crude, trading
Read More »Oil touches the bearish targets, eyes on stocks 8/9/2022
As we expected, American crude oil prices incurred heavy losses during the previous trading session, heading to touch the awaited descending official target at 83.00, to record its lowest level at 81.51. Technically, with the negative pressure of the simple moving averages that support the bearish price curve and confirming …
Read More »Gold renews the chances of rising cautiously 8/9/2022
Gold prices found a solid support floor that succeeded in establishing it near 1796, to witness a trading session that tilted to the positive after gold succeeded in confirming the breach of the 1705 resistance level, explaining that consolidation above the mentioned level leads the price to visit our first …
Read More »EUR attacks USD, eyes on ECB 8/9/2022
Mixed trading dominated the movements of the euro against the US dollar, to witness a bearish tendency during the middle of the European session, after it succeeded in pressing the support level of 0.9900 to see a decline near 0.9875, taking advantage of the mentioned level that forced it to …
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