Tag Archives: analysis

Oil, Crude, trading

The technical outlook is unchanged, and there has been no significant change in gold’s movements, maintaining the same technical conditions within the short trend, with unclear targets so far. Technically, despite the temporary bullish bounce, gold prices are still moving within an unclear short direction, between minor corrections, detected from …

The single European currency succeeded in achieving the gradual rise target referred to during the previous report, at 1.1330, recording its highest level at 1.1354, benefiting from the strong demand level of 1.1260. Technically, today, and with careful consideration on the 4-hour chart, we notice that the moving averages continue …

The German DAX index jumped, achieving substantial gains, recording its highest level at 15,840 after breaching the resistance level of 15,480. Technically, we are inclined to the positivity, relying on the stability of trading above 15,480, accompanied by the positive motive of the 50-day moving average, and stochastic around the …

Oil, Crude, trading

Mixed trading dominated the movements of the pound sterling against the Japanese yen, canceling the positive outlook, as we expected during the previous analysis, recording its lowest level at 150.12.a On the technical side, the pair’s current moves are witnessing stability below the resistance level of 151.00. We notice the …

The Canadian dollar achieved the expected negative outlook during yesterday’s trading session, touching the second target around 1.2665, recording its lowest level at 1.2635 during the morning trading of the current session. Technically, the pair broke the strong support level 1.2730, 23.60% correction, and the mentioned level turned into a …

Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to touch the first bearish target mentioned in the previous technical report, at 1774, recording its lowest price of 1772, to return to the bullish rebound, taking advantage of the strong demand area. The technical aspect today is as it is. Despite the temporary bullish bounce, gold …