Technical Analysis

Gold prices continue to lose within the expected bearish trend during the previous analysis. As a result, the price touched the required bearish targets at 1758 and 1753, recording its lowest level at 1753 during the Asian session of today’s trading session. On the technical side, and with careful consideration …

A bearish trend dominated the movements of the Euro against the US dollar, as we expected during the technical outlook yesterday, touching the official target station at 1.0100, to record the lowest level at 1.0070 during the early trading of today’s session. Technically, the Euro failed to maintain trading above …

Oil, Crude, trading

The British pound achieved the first bullish target required to be touched during the previous analysis at 163.45, recording its highest level at 163.57. Technically, the current moves are witnessing intraday stability below the psychological barrier of 163.00, as we find the negative signs started to appear on the stochastic …

We adhered to intraday neutrality during the previous report due to conflicting technical signals, clarifying that we are monitoring the pair’s price behavior from below around 1.2870 and from above around 1.2920. Technically, we find the pair was able to stabilize above the 1.2870 resistance level and is now hovering …

Oil, Crude, trading

Negative trading dominated the US crude oil futures prices within the expected bearish context, during which we targeted 85.00, to be satisfied by recording the lowest level at 85.40. Technically, the current oil movements show a bullish tendency after finding a good support floor near 86.00 accompanied by positive signs …

We adhered to neutrality during the previous report due to the conflict of technical signals, explaining that activating the short positions requires breaking 1771, which puts the price of gold under negative pressure, its initial target 1756, to lead the price within the expected path, approaching by a few points, …

Quiet trading dominated the movements of the Euro against the US dollar within the idea of ​​retesting the resistance, as we expected yesterday, touching the target of the first retest 1.0200, recording the highest level at 1.0203. Technically, and by looking at the chart, we find the intraday movements of …

Oil, Crude, trading