Tag Archives: analysis

Oil, Crude, trading

The yellow metal prices managed to touch its target at 1842, recording its highest level during the last session’s trading of 1842, returning to the negativity again due to hitting the resistance level of 1842 represented by the first bullish target. Technically, by looking at the 4-hour chart, we notice …

The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at the price of 1.1510, posting the highest level of 1.1495, to trade again on the negative side due to approaching the …

The gradual rise of GBP/JPY within an ascending path to the upside, approaching by a few points from the official station 157.00, to record the highest level at 156.85. Today, by looking at the 60-minute chart, we notice that the pair continues to obtain positive motive from the 50-day SMA, …

Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …

Oil, Crude, trading

Oil, Crude, trading

Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …

The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …

The German DAX index succeeded in touching the first target price station during the previous analysis, located at the price of 15270, and it is close by a few points from the required official station 15350, recording its highest level at 15334. The technical side today, we notice if the …