Technical Analysis

Oil, Crude, trading

Gold prices continue to gradually crawl to the downside within the expected bearish path, in which we relied on confirming the breach of the 1851 level, approaching our third awaited target of 1817, to record its lowest price during early trading for the current session 1822. On the technical side, …

The euro continues its bearish path against the US dollar, continuing its negative crawl towards the second official leg of 1.2000. On the technical side today, and with a closer look at the 240-minute chart, we find that the moving average continues to support the bearish curve of prices, and …

Bitcoin prices jumped within the expected bullish context during the previous analysis touching our awaited target at 33,990, recording its highest price of 36,875. On the technical side today, we tend to be positive in our trading, but cautiously depending on the stability of trading above the support level of …

The pound’s current moves against the Japanese yen are witnessing a slight bearish bias after finding a strong resistance level near 143.70. On the technical side, the pair started its daily trading by pressing the support level at 143.10 under negative pressure coming from the 50-day simple moving average. We …

The Canadian dollar continues its attempts to maintain the positive stability above the support level of 1.2710 for the third session in a row. Technically speaking, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal suffered big losses during the previous trading session within the expected bearish path, confirming that the breach of 1851 increases and accelerates the strength of the bearish trend, heading towards touching our official target of 1828. On the technical side today, and by looking at the 240-minute …

The Euro retreated significantly in the bearish path, as we expected after it succeeded in breaking the support level of 1.2065 heading to touch our first target required to be achieved at 1.2010, recording its lowest price at 1.2010. Technically speaking, the pair’s current moves are witnessing stability below 1.2065 …