Tag Archives: analysis

Oil, Crude, trading

The official bearish trend regained control of the Canadian dollar’s movements once again after it preferred to pass upwards to the pivotal resistance level at 1.3470, which forced it to trade negatively again to retest the support level of 1.3350. Technically, our trading tends to be negative, relying on the …

Oil, Crude, trading

Mixed movements dominated the prices of US crude oil futures contracts, but trading tended to be positive to succeed in recording good gains, touching the level of $81.86 per barrel. Technically, by looking closely at the 4-hour chart, we find that oil prices continue to get a positive impulse from …

Gold prices continued achieving strong gains at the expense of the US dollar, as we expected within a gradual rise to visit the official target published during all technical reports last week at the price of 1950, recording its highest level at $1937 per ounce. Technically, and with a closer …

The euro-dollar pair ended last week’s trading on a noticeable increase, and started today’s session’s trading as well, achieving significant gains within the expected general bullish path, to begin attacking the psychological barrier 1.0900, gradually approaching the target required to be achieved during the previous technical report at 1.0940, recording …

Oil, Crude, trading

The Canadian dollar was able to touch our awaited target during the previous analysis at 1.3350, recording yesterday’s low at 1.3350, to start a bullish bounce as a result of touching the support represented in the target. Technically, the pair formed a bullish rebound to the upside, and the current …

Oil, Crude, trading

Significant gains were achieved by US crude oil futures prices within the positive outlook, as we expected yesterday, touching the first target of 81.70, and recording a high of 82.35. Technically, oil prices collided with a strong resistance level of 82.40, which forced it to trade with strong negativity, so …