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Oil, Crude, trading
Read More »GBP: between correction and trend 29/9/2023
Oil may witness a temporary decline 29/9/2023
Negative trades dominated the prices of US crude oil futures contracts to reflect the upward trend temporarily as a result of the collision with the psychological barrier resistance level of 95.00, explaining during the previous technical report that sneaking below 93.00 leads oil prices to make some random downward movements …
Read More »Gold: The bearish trend may continue 29/9/2023
Gold prices incurred significant losses during the previous trading session as part of the downward directional movement, as we expected, touching all the required targets at 1864, approaching the third target by a few points at 1853, only to record its lowest price of $1857 per ounce. Technically, gold prices …
Read More »Euro is trying to recover within the downward movement 29/9/2023
Negative trading continued to put pressure on the EUR/USD pair within the expected negative outlook, approaching by a few points the target published during the previous technical analysis, at 1.0470, only to record the lowest of 1.0490. On the technical side, today the pair’s current movements are witnessing attempts to …
Read More »Nasdaq is stable below resistance 28/9/2023
Oil, Crude, trading
Read More »Dow Jones continues to break the bottoms 28/9/2023
Oil, Crude, trading
Read More »CAD may resume the rise 28/9/2023
The Canadian dollar achieved the first upward target to be touched during the previous technical report, located at 1.3540, recording its highest level of 1.3545. Technically, we are leaning toward positivity in our trading, relying on the bullish technical structure shown on the 4-hour chart, in addition to the continued …
Read More »USD/JPY continues the upward push 28/9/2023
japanese-yen
Read More »GBP: Negative pressure remains 28/9/2023
Oil, Crude, trading
Read More »Oil steals the spotlight and achieves strong gains 28/9/2023
US crude oil futures prices jumped to achieve strong gains after ending the downward correction referred to in the technical report for this week, returning within a strong upward trend as we expected, exceeding the official target of 93.30, recording its highest level of $95.00 per barrel. Technically, by looking …
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