Technical Analysis

Oil, Crude, trading

The Canadian dollar maintained the bullish bias that started at the end of last week’s trading to cancel the idea of ​​retesting the support published during the previous analysis and continues the positive stability above 1.2600. Technically, we tend to the positivity, relying on the positive signs of the 14-day …

Oil, Crude, trading

Positive moves dominated gold prices during the first trading sessions after it succeeded in liberating from the sideways path so that gold could breach the 1940 strong supply zone, touching the first official target required during the previous analysis. Technically, we tend to the positivity, relying on the stability of …

The single European currency retested the resistance within the expected limited positive scenario, touching the target at 1.0930, recording its highest level during the last session at 1.0932. Technically, by looking at the 4-hour chart, we find that the pair returned to stability below the descending channel’s resistance, accompanied by …

Oil, Crude, trading

Oil, Crude, trading

There were positive attempts by the Canadian dollar to achieve the expected bullish rebound at the end of last week’s trading, recording its highest level around the psychological resistance level of 1.2600. Technically, the pair’s current movements are witnessing a bearish tendency as a result of the negativity features that …

Oil, Crude, trading

After several consecutive sessions of our commitment to neutrality, waiting for the gold price to exit the sideways range between 1925 and 1940, explaining that activating purchase orders depends on gold’s ability to penetrate 1940 to target 1948, recording its highest price last Friday’s transactions 1948. From the angle of …