As we expected, US crude oil futures prices jumped at the beginning of this week’s trading within the positive outlook, touching the official target of the previous technical report at 93.60, recording the highest level at 93.74. Technically, the stochastic has started to provide negative crossover signals, and this comes …
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Gold prices did not show strong movements during the last session’s trading after the big gains it achieved last Friday, reaching the level of $1681 per ounce. Technically, we find gold retesting the previously breached resistance and turning it to a support level around 1666, which is still stable above …
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The euro traded with noticeable positivity against the US dollar in the opening of the first trading sessions of this week within the bullish context, as we expected during the previous analysis, touching the second target at the price of 1.0030, recording its highest level at 1.0034. Technically, and looking …
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Oil, Crude, trading
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Last Friday, the Canadian dollar incurred strong losses within the expected negative outlook, touching the profit-taking order published during the previous analysis at 1.3600, recording its lowest level at 1.3470 after the US and Canadian jobs data. Technically, we tend in our trading to the negative, relying on the continuation …
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Oil, Crude, trading
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Strong gains dominated US crude oil futures prices within the expected bullish context, surpassing the required targets at 90.75 and recording the highest level at 92.80. Technically, the simple moving averages support ascending, accompanied by positive signs from the RSI stable above the 50 mid-line. From here and steadily trading …
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Gold prices jumped at the end of last week’s trading. We adhered to intraday neutrality in the previous report, explaining that we are waiting to activate the pending orders, a pending buy order above 1647, to open the door to 1660 and then 1677, recording its highest level at $1681 …
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The single European currency reversed the expected bearish trend during the previous analysis, supported by the decline of the US dollar after the US jobs data, to end the trading sessions last week on a high, recording the highest 0.9966. The technical aspect today indicates the possibility of resuming the …
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Oil, Crude, trading
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