Tag Archives: analysis

Oil, Crude, trading

The price of US crude oil futures witnessed an upward trend yesterday after several successive sessions of decline, benefiting from the support of the psychological barrier at 79.00 to provide some bullish bounce to retest the $81.00 level. Technically, looking closely at the 4-hour chart, we find the price stable …

Gold prices reached the official target station during the previous technical report at 1885, recording its lowest level at $1885 per ounce. On the technical side, prices tried to take advantage of the support represented by the 1885 target to achieve some bullish rebound. However, it is still limited, and …

The single European currency continued its negative trading against the US dollar within the expected bearish context, gradually approaching the third expected target of 1.0840, recording its lowest level at 1.0855. On the technical side, the Euro found a good support ground around 1.0850, forcing it to achieve some limited …

Oil, Crude, trading

Oil, Crude, trading

Positive trades dominated the movements of the US dollar against the Canadian dollar within the expected positive outlook, touching the first target at 1.3530, recording its highest level at 1.3552. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming …

japanese-yen

Oil, Crude, trading

Significant losses were incurred by the prices of US crude oil futures contracts as part of intensive selling operations during the previous trading session, touching the bearish correctional targets, as we expected at the price of 78.95, recording its lowest level at $79.00 per barrel. Technically, looking closely at the …