Tag Archives: analysis

A limited bearish tendency dominated the movements of the EUR/USD pair during the previous trading session due to the selling pressure around the 1.1060 resistance level, which led the pair to retest the 1.1000 support. On the technical side today, and with a closer look at the 4-hour chart, we …

Oil, Crude, trading

The bullish trend still dominates the Canadian dollar’s movements, with a gradual rise to the upside within the expected bullish context. However, it reached its highest level, around 1.3650 resistance, which succeeded in limiting the bullish bias. Technically, the bullish trend is still the most preferred, relying on trading stability …

Oil, Crude, trading

The US crude oil futures prices incurred heavy losses, exceeding the target to be achieved at the price of 76.10, recording its lowest level of $74.10 per barrel. Technically, with the regularity of work within the descending channel as shown on the 240-minute chart, and with the negative intersection of …

Gold prices reversed the bearish corrective trend, as we expected during the previous technical report, in which we relied on the negativity of technical indicators, in addition to the stability of trading below the 2006 resistance level at the time of the report’s release, recording its highest level at $2009 …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating buying positions depends on the pair breaching the 1.1000 resistance level, which leads the pair to recover, touching the pending buy order targets at 1.1080, recording its highest price at 1.1095. The …

Oil, Crude, trading

As we expected, the Canadian dollar provided a noticeable rally during the previous trading session to touch the required bullish targets at 1.3590 & 1.3620, recording its highest level at 1.3647. Technically, the bullish trend is still the most preferred, relying on building a good support floor around the previously …

Oil, Crude, trading