Tag Archives: analysis

Oil, Crude, trading

The technical outlook is unchanged; the gold’s movements did not change much, maintaining the negative stability below the pivotal resistance level at 1797. Technically, we find gold started to pressure on the 1785 support level, as we find the simple moving averages continue to pressure the price from the top …

The euro managed to achieve the negative outlook as expected, touching the first official target that must be gained during the previous analysis at 1.1765, recording the lowest price at 1.1770. On the technical side, the current moves are witnessing a slight bullish slope due to taking advantage of the …

The German DAX index continues to trade negatively after hitting the resistance level 15,700, unable to breach it so far, to retest the 15,550 level. On the daily technical side, we tend to the negative with caution, relying on trading below the previously broken support-into-resistance 15,650, in addition to the …

Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against the Japanese yen, heading towards touching the second target at 152.70, recording the highest level at 152.68. Technically, today, the pair’s current moves are witnessing a bearish slope due to hitting the resistance level of 152.70, which is our desired …

During the previous analysis, the Canadian dollar retested the required support level at 1.2580, recording a low at 1.2600, benefiting from the retest scenario published in the last analysis to rebound and retest 1.2720 resistance. Technically, and carefully looking at the 240-minute chart, we find prices stable above 1.2670, 61.80% …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated gold prices after it failed to stabilize for a long time above the resistance level of 1803, which forced it to retest the support level at 1785. Technically, we see gold started to pressure on the 1785 support level, as we find the simple moving averages continue …