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Oil, Crude, trading
Read More »Dow Jones is under negative pressure 22/6/2023
CAD: touches downward targets 22/6/2023
The Canadian dollar continues its negative trading within the expected bearish context, in which we relied on trading stability in general, below the pivotal resistance of 1.3260, touching the first official target of 1.3180, and gradually approaching the second target of 1.3130, recording its lowest level during the trading of …
Read More »GBP is trying to hold on, with eyes on BoE 22/6/2023
Oil, Crude, trading
Read More »Oil is trying positively 22/6/2023
We adhered to intraday neutrality during the last report due to conflicting technical signals, explaining that the price’s consolidation above the primary resistance of the current trading levels located at 71.55 is leading oil to record gains, starting at 72.60, to succeed in touching the target, recording its highest level …
Read More »Gold continues to fall 22/6/2023
Gold prices succeeded in achieving the expected negative outlook during the previous technical report, explaining that the continuation of trading below the main support of 1945 constitutes a negative pressure factor, with a target of 1924 and a main target of 1913, to suffice for recording its lowest level yesterday …
Read More »Euro is touching bullish targets 22/6/2023
. Positive trades dominated the movements of the euro against the US dollar within the expected bullish path during the previous technical report, touching the official targets targeted yesterday at 1.0970 and 1.1000, recording its highest level during today’s early trading at 1.0995. On the technical side today, we tend …
Read More »Dow Jones is facing negative pressure 21/6/2023
Oil, Crude, trading
Read More »CAD: continues to decline gradually 21/6/2023
The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining negative stability, as we expected, after the 1.3270 resistance managed to limit the bullish bias, to see the current movements stabilize around its lowest level during the early trading of the current session at 1.3209. …
Read More »GBP presses support, eyes on inflation 21/6/2023
Oil, Crude, trading
Read More »Oil is looking for a stronger trend 21/6/2023
Mixed trading in both directions dominated the prices of US crude oil futures contracts, nullifying the negative outlook as we expected, in which we relied on stable trading below the level of 71.55, recording its highest level at $72.33 per barrel. Technically, the current movements of oil prices are witnessing …
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