Tag Archives: analysis

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

Negative trading dominated the prices of US crude oil futures contracts yesterday, after the price crept below the strong support level published during the previous technical report at 71.55, recording its lowest level at 70.17, and the intraday movements are still stable below the mentioned support, and it is currently …

Narrow sideways trades confined from below above the main support floor 1945, and from above below the pivotal resistance level at 1977, so that the technical outlook remains unchanged. From the angle of technical analysis today, the contradiction between the technical signals continues, and we found the 50-day simple moving …