Tag Archives: analysis

Gold prices achieved the negative consideration, as we expected within the corrective decline mentioned during the current week’s trading, touching the required official station 1945 and touching the additional target 1936, recording its lowest level at $1936 per ounce. Technically, the intraday movements witness stability above 1945, Fibonacci correction 50.0%. …

A negative trading session dominated the movements of the euro-dollar pair during the previous trading session, within the expected bearish path, recording its lowest level at 1.0707. From the point of view of technical analysis today, the pair is currently hovering around the 1.0730 support level, represented by a Fibonacci …

Oil, Crude, trading

Due to conflicting negative signals, we adhered to intraday neutrality in the previous report, explaining that activating buying centres depends on breaching 1.3500 to target areas of 1.3570, surpassing the required target, and recording its highest level at 1.3613. Technically, and with a closer look at the 4-hour chart, the …

Oil, Crude, trading

Positive trading dominated the prices of US crude oil futures contracts yesterday, supported by the continuation of gaining bullish momentum that led prices to touch the first expected target at 74.50, recording the highest of $74.70 per barrel. Technically, the positive impact of the bullish technical structure during the previous …

The resistance levels referred to during the previous report at 1977, limited the bullish tendency and forced gold prices to complete its downward path as we expected, to gradually approach the official target of 1945, recording its lowest level at $1955 per ounce. Today’s technical vision indicates the possibility of …

The single European currency continued its decline against the US dollar within the expected bearish path during the previous report, continuing the negative creep towards 1.0720, to hover around its lowest level during today’s early trading at 1.0730. Technically, and by looking closely at the 4-hour chart, we find that …

Oil, Crude, trading

The technical outlook is unchanged, the pair’s movements did not change significantly within uncertain attempts to achieve the required breach, and the current movements are still stable below the resistance of the psychological barrier of 1.3500. Technically, and when looking closely at the 4-hour chart, we find that there is …