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Oil, Crude, trading
Read More »GBP: starts pressing support 21/9/2022
Oil faces negative pressure 21/9/2022
US crude oil prices failed to achieve the required bullish target during yesterday’s trading session, in which we relied on daily stability above 83.80, touching the stop losses order there, and to remind us that the return of trading stability below 83.80 will immediately stop the attempts to rise. We …
Read More »Gold fails to breach, eyes are on the Fed 21/9/2022
There, gold prices found a strong resistance level at 1680, as we mentioned during the last analysis, which forced gold to return to the downside path within the mentioned context, touching the first target of 1663, recording its lowest level at $1660 per ounce. On the technical side, the simple …
Read More »The euro is back to stability below the parity point 21/9/2022
We adhered to intraday neutrality during the previous technical report due to a conflict between the technical signals, explaining that we are monitoring the price behavior of the pair. We indicated that the euro is facing a strong resistance level around 1.0050, and activating the bearish trend requires that we …
Read More »Dow Jones touches the target and continues the temporary rise 20/9/2022
Oil, Crude, trading
Read More »CAD Retesting support 20/9/2022
The Canadian dollar achieved the first ascending target published during the latest analysis, at 1.3325, to record the highest level at 1.3344. From the angle of technical analysis today, the Canadian dollar found a strong resistance level around the target level yesterday at 1.3325, which forced it to trade negatively …
Read More »GBP: attacks USD 20/9/2022
Oil, Crude, trading
Read More »Oil is making significant gains 20/9/2022
US crude oil futures prices succeeded in achieving the bearish target that is required to be touched during the previous analysis at 83.20, surpassing the required target, recording 81.75 during the middle of trading, before the bullish rebound that led the price towards 85.75. Technically, looking at the chart, the …
Read More »Gold: Gold: Positivity needs confirmations 20/9/2022
Bullish rebound attempts dominated gold prices yesterday, trying to establish a support level around 1665, recording the highest level of $1680 per ounce during trading last Monday. On the technical side, the 50-day SMA is still an obstacle to the price, and it is motivated by the clear negative features …
Read More »Euro: A quiet rise needs confirmations 20/9/2022
Quiet positive trades dominated the movements of EURUSD with the beginning of the first trading of the current week, to start attacking the resistance level 1.0050, building on the pivot above the parity point 1.0000. Technically, by carefully looking at the 4-hour chart, we find the 50-day simple moving average …
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