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Oil, Crude, trading
Read More »GBP continues to advance against USD 12/9/2022
Oil hits resistance 12/9/2022
US crude oil futures prices were able to compensate for part of their losses, to achieve remarkable increases at the end of last week’s trading, within the expected bullish path, surpassing the official target that is required to be achieved at the price of 85.80, recording the highest level of …
Read More »Gold finds strong resistance 12/9/2022
Positive trades dominated gold’s movements within the expected bullish context, touching our awaited target at 1730, and recording its highest level at 1729. Technically, gold prices found a strong resistance level around 1726 represented by the 23.60% Fibonacci correction as shown on the 4-hour chart. It started by pressing the …
Read More »Euro continues its corrective rise against dollar 12/9/2022
Positive movements dominated the Euro against the US dollar, beginning to form a corrective ascending wave, heading to touch the required target during the previous analysis at 1.0130, recording its highest level at 1.0124 during the early trading of the current session. On the technical side, the simple moving averages …
Read More »Dow Jones is making significant gains 9/9/2022
Oil, Crude, trading
Read More »CAD achieves the goal and confirms breaking the support 9/9/2022
The British pound managed to rise published during the previous analysis, surpassing the official target required to be touched yesterday at the price of 1.1560. It is now hovering around its highest level during today’s morning trading session at 1.1595. Technically, we tend in our trading to the positive, depending …
Read More »GBP takes advantage of USD 9/9/2022
Oil, Crude, trading
Read More »Oil may witness a temporary recovery attempt 9/9/2022
Negative trading dominated the US crude oil futures prices within the expected bullish track, to settle for recording its lowest level near the 81.00 barrier. Technically, the current oil movements are witnessing a bullish tendency, benefiting from stability above the mentioned support level and the attempt for intraday stability above …
Read More »Gold touches the target and breaking of the resistance extends the gains 9/9/2022
A gradual rise in gold prices within the positive outlook, as we expected during the previous analysis, heading to touch the official price station at 1726, recording its highest level at 1728. On the technical side today, and by looking at the 4-hour chart, we find gold succeeded in establishing …
Read More »The Euro breaks the resistance and starts forming a bullish wave 9/9/2022
The euro succeeded in achieving noticeable gains against the US dollar within the expected bullish path, in which we depended on consolidation above the parity point 1.0000, explaining that this is a catalyst that enhances the chances of rising to visit 1.0080, reaching its highest level during the early trading …
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