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Oil, Crude, trading
Read More »Dow Jones is holding above initial support 25/4/2023
CAD maintains the same technical conditions 25/4/2023
The technical outlook remains unchanged, and the pair’s movements did not change, trying to maintain positive stability, as we mentioned during the previous analysis. Technically, the pair confirmed the breach of the resistance level of 1.3500, which turned into a support level according to the concept of role exchange, and …
Read More »GBP touches the required target 25/4/2023
Oil, Crude, trading
Read More »Oil tests the resistance 25/4/2023
Mixed trading dominated the movements of US crude oil futures contracts, invalidating the bearish scenario published during the previous analysis to return to stability again above the level of 77.80, explaining that breaching the mentioned level can nullify the bearish scenario. As a result, oil prices rise to around 78.80, …
Read More »Gold is starting to lose momentum 25/4/2023
Gold’s movements witnessed attempts to rise during last Monday’s trading to delay the activation of the corrective decline mentioned in the previous technical report, in which we relied on the stability of trading below the 1992 resistance and in general, below 1997. Technically, and by looking at the 4-period chart, …
Read More »Euro is breaking through the resistance 25/4/2023
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to confining trading within an occasional path, explaining that stepping up to the resistance level of the psychological barrier 1.1000 leads the euro to visit 1.1060, to activate the pending buy order scenario, …
Read More »Dow Jones is facing negative pressure 24/4/2023
Oil, Crude, trading
Read More »CAD confirms breakout of resistance 24/4/2023
Positive trades dominated the movements of the Canadian dollar, building on the support of the psychological barrier 1.3500, to start trading today’s session on an upward slope, and hover around its highest level during the early trading of the current session 1.3560. Technically, the pair confirmed the breach of the …
Read More »GBP trying to get positive signals 24/4/2023
Oil, Crude, trading
Read More »Oil and selling pressure continues 24/4/2023
US crude oil futures prices continue to achieve losses, and oil starts with negative movements with the first trading of this week, and the current movements are witnessing stability around its lowest level during the morning trading of the current session at 78.80. Technically, prices are still operating within the …
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