Technical Analysis

Oil, Crude, trading

Mixed trades are still dominating gold prices as a result of the price retreating from the bottom above the 1720 support level and from below the 1747 resistance level. On the technical side today, and by looking at the 4-hour chart, the glory of the 50-day moving average will hold …

Quiet trading tended to be negative, dominating the movements of the euro against the US dollar, heading to touch our first target to be achieved, 1.1885, recording the lowest price of 1.1873. Technically speaking, and with a closer look at the 4-hour chart, we find the euro is based on …

The Dow Jones Industrial Average jumped on Wall Street to achieve strong gains, registering its highest price during the last session’s trading 33113. On the technical side, the current trading of the index is witnessing a bearish downward slope, as a result of the intraday trading stability below the resistance …

Negative trading was dominated by the pound’s movement against its Japanese counterpart, after finding a strong resistance level near 152.50. On the technical side, today, we await the occurrence of a bearish tendency during the coming hours, depending on the clear negativity features on the stochastic indicator, in addition to …

The Canadian dollar found a solid support floor around the psychological barrier support level of 1.2400, to return to the bullish rebound, recording its highest price at 1.2527. Technically speaking, and with a closer look at the chart, we find the pair managed in breaching the resistance level for the …

Oil, Crude, trading

Oil, Crude, trading

Mixed trades dominated the movements of the yellow metal within a stable random context from above below the resistance at 1755 and from below above the support at at 1720. On the technical side today, we find the 50-day moving average pressuring the price from the top, in addition to …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, after finding a strong resistance level near 1.1970. Technically speaking today, and by looking at the 4-hour chart, we find the 50-day moving average that supports the idea of ​​a further decline, in …