Oil, Crude, trading
Read More »CAD trying to be positive 23/10/2023
Trading tended to be positive during the previous trading session, following the gradual upward path we expected, recording its highest level at 1.3734. Technically, with the pair’s success in stabilizing above the previously breached resistance at the price of 1.3680, in addition to the positive incentive coming from the simple …
Read More »JPY waiting for a new signal 23/10/2023
japanese-yen
Read More »GBP waiting to break through the resistance 23/10/2023
Oil, Crude, trading
Read More »Oil starts negative 23/10/2023
US crude oil futures prices expanded their gains at the end of last week’s trading, touching the official target station at $ 89.45 and recording their highest level at $89.82 per barrel. Technically, we are leaning toward negativity in our trading, but with caution, relying on the return of trading …
Read More »Gold needs additional motivation 23/10/2023
Gold prices continued to rise within the general upward trend expected in the previous technical report. They exceeded the official station required to be touched at the price of 1976, recording their highest level of $1997 per ounce. On the technical side today, looking at the 240-minute time frame chart, …
Read More »Euro starts attacking the resistance 23/10/2023
We remained neutral during the last report, explaining that we are waiting for the pair to break free from the sideways price range confined between 1.0500 and 1.0600. The EUR/USD pair concluded last week’s trading on a positive note and began attacking the resistance of the psychological barrier 1.0600, recording …
Read More »Nasdaq is trying to stabilize above support 19/10/2023
Oil, Crude, trading
Read More »Dow Jones breaks support 19/10/2023
Oil, Crude, trading
Read More »CAD breaks through the resistance 19/10/2023
Positive trades dominated the Canadian dollar’s movements, reflecting the downward trend we expected. We relied on trading stability below 1.3700. As a reminder, we indicated that moving upwards and consolidating above 1.3700 would immediately stop the expected downward trend. The pair would recover to retest 1.3740, recording its highest level. …
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