Tag Archives: analysis

Positive trades dominated the movements of the Canadian dollar during the previous trading session after it succeeded in breaching the resistance level of 1.3585, which is hovering around at the moment and starts with negative pressure on the mentioned level. Technically, and when looking closely at the chart, we find …

Oil, Crude, trading

Bleeding losses continue to control the prices of US crude oil futures contracts within the expected negative outlook, exceeding the official target required to be achieved during the last report, located at the price of 68.45, recording its lowest level during the early trading of the current session at the …

Gold prices continued their upward push within the expected bullish technical path mentioned in the previous analysis, in which we relied on the confirmation of gold prices breaching the resistance of the symmetrical triangle, as we explained yesterday, heading to touch the official target of the previous analysis 2045, recording …

The movements of the euro-dollar pair witnessed a positive trading session, as we expected, and the euro succeeded in touching the first official stop during the previous analysis, at 1.1085, recording its highest level at 1.1090. Technically, the simple moving averages still support the upward curve of prices, and this …

Oil, Crude, trading

It is hovering around its highest level during the current session at 1.3615. Technically, and with a closer look at the chart, the simple moving averages continue to support the daily bullish price curve. On the other hand, signs of negativity began to appear on the stochastic indicator, which started …

Oil, Crude, trading

The US crude oil futures prices incurred significant losses yesterday, recording a low of around $71.47 per barrel. Technically, and with the regularity of work within the bearish channel shown on the 4-hour chart, in addition to the continuation of the negative intersection of the simple moving averages that pressures …

Gold prices jumped, achieving significant gains during the previous trading session, recording its highest level of $2019 per ounce. Technically, and by looking at the 4-hour chart, we find that gold prices liberated from the symmetrical resistance triangle we referred to during the previous analysis. We find that the simple …