Gold price movements witnessed negative trading yesterday, within the negative outlook, as we expected, based on confirming the breach of the support level of 1729, touching the first target of 1721, to record the lowest level of $1720 per ounce. On the technical side, price stability below the 1729 Fibonacci …
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Sideways trades tended to be positive, but weakly positive, within attempts throughout the second session in a row to breach the strong resistance level 1.0050/1.0045, unable to penetrate it until now, confined from below above 0.9980 and from above below 1.0050. From the angle of technical analysis today, we find …
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Oil, Crude, trading
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Negative trading continued to dominate the movements of the pound sterling against the Japanese yen, after it hit the resistance level of 162.65, which forced it to settle negatively. On the technical side, we are inclined to negativity, relying on the clear negativity signs on the stochastic indicator. with because …
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Positive trades witnessed the movements of the Canadian dollar, maintaining positive stability, benefiting from a base on the solid support floor located at 1.2950. Technically and carefully considering the 4-hour chart, we find the pair confirmed the breach of the 1.12960 resistance level, which has now turned into the 61.80% …
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Oil, Crude, trading
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US crude oil prices continue to achieve gains within the targeted upward path, bypassing the official station required to be touched during the report issued yesterday at 96.40, recording its highest level of 97.36. Technically, we find that the simple moving averages continue to provide a positive stimulus that supports …
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Gold prices found strong resistance around the key supply areas at 1745 published during the previous analysis, explaining that stability and stability below it is a condition for maintaining the general bearish trend on the intraday term, to find gold unable to break it until now. Technically and carefully considering …
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The euro’s attempts to compensate for its losses against the US dollar during the previous trading session failed to find a strong resistance level of 1.0040 that successfully limited the bullish bias. As we explained in the previous report, the above-mentioned level is a prerequisite for recovery. Technically, today, the …
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Oil, Crude, trading
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