Tag Archives: analysis

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

U.S. crude oil futures declined significantly, following the downward trend mentioned in the previous report, exceeding the official target of 68.65 and recording a low of $66.967 per barrel. From a technical perspective, we lean toward a negative outlook but with caution, relying on the continued negative crossover of the …

Gold prices continue to reach new historical peaks for the fifth consecutive session, hitting the first target indicated in the previous technical report at 2681, and recording a high of $2685 per ounce. From a technical analysis perspective today, and by examining the 4-hour chart, gold has established a minor …

The euro experienced limited positive attempts against the US dollar, trying to break through the psychological resistance level of 1.1200, reaching a high of 1.1189. From a technical perspective today, we notice that the pair has struggled to stabilize temporarily above the 1.1200 resistance level, acting as a temporary obstacle. …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Negative pressure dominated US crude oil futures prices during last Wednesday’s trading, erasing recent gains and reaching a low of $69.28 per barrel. From a technical perspective, the outlook remains cautiously negative, influenced by the bearish crossover of the simple moving averages, which are exerting downward pressure on the price. …