Tag Archives: analysis

Gold prices touched the bullish correction target mentioned during the last analysis at 1670, recording its highest level during last Friday’s trading at 1675. On the technical side, and by looking at the 4-hour chart, we notice that gold continues to obtain positive motive from the simple moving averages, and …

Positive trades dominate the euro’s movements against the US dollar, trying to build on intraday stability above the support level of 0.9780, recording the highest level at 0.9853 at the end of last week’s trading. Technically, and with a careful look at the chart, an interval of 240 minutes, we …

The Canadian dollar failed to maintain gains above 1.3800, to return to test the 1.3620 support level, recording its lowest level at 1.3600. Technically, the negativity started to appear on the stochastic indicator, which began to lose the bullish momentum initially, and this comes with the daily trading remaining below …

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating the buying positions depends on confirming the breach of oil prices to the level of $79.50, which increases the possibility of achieving a rise that targets $80.80, surpassing the target, recording the …

Positive trades dominated gold prices during the middle of the previous trading session, and it was able to breach the pivotal resistance level published during the last report, at 1646, explaining the importance of that level. Technically, by looking at the 4-hour chart, we find the 50-day simple moving average, …

The movements of the EUR/USD pair witnessed attempts to recover and compensate for losses during the last trading session, nullifying the bearish technical outlook, in which we relied on trading stability below 0.9710, recording the highest level at 0.9750. On the technical side today, the euro is witnessing stability above …

Oil, Crude, trading

Movements tended to the downside temporarily within the tendency to retest the support, as we explained yesterday, to approach the retest target at 1.3620, recording the lowest at 1.3640 to start the bullish rebound as we expected. Technically, the pair’s success in building a base on the 1.3640 support with …

Oil, Crude, trading