Tag Archives: analysis

After several successive sessions in which the sideways movements dominated the Eurodollar pair from below 1.0665 and above 1.0770, we find that the pair started to get positive signs, attacking the main resistance level of the current trading level of 1.0770. On the technical side, we indicated during the previous …

Oil, Crude, trading

The Canadian dollar declined significantly yesterday, within the expected bearish context during the previous technical report, touching the official target station at 1.3320, recording its lowest level at 1.3320. From the point of view of technical analysis today, the pair succeeded in breaching the support level of 1.3420. they have …

Oil, Crude, trading

US crude oil futures prices reversed the expected bearish trend during the previous analysis, touching the stop loss order at 71.55, explaining that the price’s consolidation above the resistance above level can turn the daily trend into an upward one, targeting 72.45 and 73.40, recording its highest level at $73.15 …

Throughout several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977, explaining that the decline below 1945 is a beginning signal for the resumption of the correctional decline, recording its lowest …

Trading tended to be positive, dominating the movements of the euro-dollar pair within the idea of retesting the resistance, but still limited movements confined from below above 1.0675, and from above below 1.0740. On the technical side today, and with a closer look at the 4-hour chart, we find that …

Oil, Crude, trading

The bearish trend continues to control the movements of the Canadian dollar. It is heading to touch the bearish target required to be achieved during the previous report, located at 1.3385, recording its lowest level at 1.3388. Technically, today, we notice the continuation of the clear negative crossover signs on …

Oil, Crude, trading