Tag Archives: analysis

The Eurodollar pair’s attempts maintain the bullish context, trying to breach the strong resistance level at 1.0660, after it succeeded in building on the support 1.0570/10.580. Technically, and by looking closely at the 240-minute chart, the simple moving averages are trying to pressure the price from above. On the other …

Oil, Crude, trading

Negative trading dominated the movements of the Canadian dollar, heading to visit the first official target to be achieved yesterday, at 1.3520, recording its lowest level at 1.3518. Technically, we notice the continuation of the negative pressure coming from the simple moving averages that continue to pressure the price from …

Oil, Crude, trading

US crude oil futures prices achieved the bullish target that should be touched during the previous report at 77.40, recording a high of 77.72. Technically, by looking at the 240-minute chart, we find that the simple moving averages are still holding the price from below, and support the possibility of …

Trading tended to be positive, dominating gold prices yesterday, recording its highest level around $1814 per ounce, as the current movements witness a bearish tendency. Technically, the current trading is witnessing several stabilizations of the price again below the 1810 level, under pressure from the clear negative signs on the …

The EUR/USD pair continues its attempts to rise within the gradually ascending path, as we expected, recording its highest level during the previous session’s dealings, near the psychological barrier of 1.0700. On the technical side today, and with a closer look at the 240-minute chart, we notice that the pair …

Oil, Crude, trading

The Canadian dollar reversed the temporary trend, as we expected during the previous analysis after it failed to maintain its positive stability above the support level of 1.3600, explaining that the decline below the mentioned level will immediately stop any attempts to rise and lead the pair to the official …

Oil, Crude, trading