Tag Archives: analysis

Oil, Crude, trading

Gold traded in a tight range above the 1797 support and below the 1816 resistance over the past sessions. On the daily technical side, gold prices are witnessing stability above 1797, 50.0% Fibonacci correction, which represents the key to protecting the bullish bias and the positive motive for the 50-day …

The technical outlook is unchanged, and the EUR has not changed much within a sideways bullish trend. However, technically, and with careful consideration of the 4-hour chart, we find a conflict between the positive motive coming from the 50-day moving average, which is trying to push the price to the …

The German DAX index found a solid support floor around the support level published during the previous analysis, located at 15,440, which we mentioned as being the key to protecting the bullish trend. On the technical side, we are inclined to the positivity based on the positive signals coming from …

Oil, Crude, trading

A noticeable rally for the British pound against the Japanese yen after finding a solid support floor around the 151.20 level. On the technical side today, and by looking at the 60-minute chart, we find the 50-day moving average that supports the bullish curve, and this comes in conjunction with …

The movements of the Canadian dollar witnessed a bearish tendency during the trading session last Friday, after several consecutive sessions of rising to hit the 1.2500 resistance level. Technically, despite the bearish bias, we believe that it is still limited, as we find the price is still stable above the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to successfully retest the support level at 1797, within attempts to rebound upwards, to record its highest level during the previous trading session at 1812. On the technical side, trading today remains stable above 1797, 50.0% Fibonacci correction that supports the possibility of a rise, as we …