Tag Archives: analysis

The Canadian dollar is trading with noticeable negativity after it failed to maintain positive stability above the 1.3655 support level, to witness the current movements of the pair stabilizing around its lowest level during the early trading of the current session, around 1.3595. Technically, we tend in our trading to …

Oil, Crude, trading

Divergent movements still dominate the prices of US crude oil futures contracts amid conflicting data about the energy markets, reaching its highest level during the previous session’s trading of $86.00 per barrel. Technically, the 50-day simple moving average is still an obstacle in front of the price, and the bearish …

Gold attempts continue to rise, but still limited attempts are ineffective after a strong confrontation with the pivotal resistance level published during the previous analysis at1660 price, which still constitutes an obstacle to the price until now, unable to break it. On the technical side, and by looking at the …

Sideways trades tilted to the positive dominated the euro’s movements against the US dollar to break the resistance level of the descending price channel located at 0.9870, recording the highest level at 0.9976. From the angle of technical analysis today and carefully looking at the 4-hour chart, we find the …

Oil, Crude, trading

Negative trading returned to control the Canadian dollar after hitting the resistance level of 1.3850, which forced the pair to trade negatively again, touching the level of 1.3610. Technically, and carefully considering the 4-hour chart, we find the pair trying to build a base on the 1.3680 support level and, …

Oil, Crude, trading

A downward trend dominated the movements of US crude oil futures prices after it gave up its recent gains that it achieved during last Thursday’s trading session to record as low as $83.17 per barrel. The technical outlook today tends to the negative, relying on the stability of daily trading …

Mixed trading dominated the prices of the yellow metal during the last trading sessions of the last week, after it approached the official target of the last downside wave at 1632, recording its lowest level at 1617, to the bullish rebound, achieving strong gains, reaching the pivotal resistance level published …