Tag Archives: analysis

Negative pressure continues to control gold prices within a bearish corrective tendency, after prices failed to maintain stability above the broken 1992 support, to start its first weekly trading by pressing 1972 support. Technically, and by looking at the 4-hour chart, we find that the simple moving averages continue to …

Narrow sideways movements still dominate the performance of the EUR/USD pair, finding the movements confined from below the support level of 1.0945 and above the resistance level of the psychological barrier 1.1000. On the technical side today, and with a close look at the 4-hour chart, we find the simple …

Oil, Crude, trading

Noticeable losses continue to control the Canadian dollar’s movements within the expected bearish path during yesterday’s session, surpassing the required target at 1.341 as could continue the selling pressure towards 1.3375, recording its lowest level at 1.3330. Technically, with the pair’s failure to maintain trading above 1.3410, in addition to …

Oil, Crude, trading

Limited positive trading dominated futures prices for US crude oil, colliding with the strong resistance published during the previous technical report at 83.50, which temporarily limited the bullish trend. Technically, by looking at the 4-hour chart, we find negativity features currently dominating the stochastic indicator. We await getting rid of …

A noticeable rise in gold prices, continuing to achieve gains for the fifth session in a row within the expected positive outlook, touching the official target station during the last analysis at the price of 2040, recording its highest level of $2048 per ounce. Today’s technical vision indicates the possibility …

Yesterday’s session witnessed the positive movements of the Euro-dollar pair, as we expected, heading to touch the first target published during the previous technical report, at 1.1040, to record its highest level at 1.1067. Technically, we continue to suggest the daily bullish direction, relying on the intraday stability above the …

Oil, Crude, trading

The Canadian dollar was able to maintain the bearish path, heading to touch the first profit-taking required to be achieved during the previous trading session’s trading at 1.3440, recording its lowest level at 1.3428. From the angle of technical analysis today, we continue to maintain the negative outlook, relying on …