Tag Archives: Oil

US crude oil futures prices returned to achieve gains for the second session in a row, beginning to attack the psychological barrier resistance level of 88.00, recording its highest level of $88.11 per barrel. Technically, we tend to be positive in our trading, relying on the return of the simple …

Dubai TV hosted Mohammed Hashad, Director of Research and Development at Noor Capital, member of the American Society of Technical Analysts, to comment on the performance of the most important assets in the financial markets this week.Asked about US stocks, which moved differently during the past week, but ended the …

Mixed trading dominated the prices of US crude oil futures contracts, confined from the bottom above 86.20 and the top below the psychological barrier resistance level of 88.00. Technically, with a closer look at the 4-hour chart, the Stochastic indicator began sending negative crossover signals, and this is accompanied by …

US crude oil futures prices witnessed a negative trading session within the expected bearish path within the idea of the required retest, touching the target of retesting support at 86.20, recording its lowest level during early trading in today’s session at 86.24. Technically, by looking at the 4-hour chart, we …

For the second session in a row, US crude oil futures prices found a strong resistance level around 88.00, which formed a negative pressure factor on the oil price to conclude yesterday’s trading around $87.55 per barrel. Technically, the simple moving averages do not support the daily upward curve of …

US stocks tumbled Wednesday morning as the price of oil hovered around a 10-month high after surging yesterday on Saudi Arabia’s production cuts.The Nasdaq was down 1.4% in the early afternoon, while the S&P 500 lost 1% and the Dow Jones Industrial Average fell 0.9%.Oil futures jumped more than 2% …

A noticeable surge in the prices of US crude oil futures contracts within the expected upward path, in which we relied on trading stability above the psychological barrier support floor of 85.00, touching the official target for yesterday’s session at 87.75, recording its highest level of $88.00 per barrel. Technically, …

US crude oil futures prices continue to form an upward attack within the expected bullish context at the end of last week’s trading, exceeding the required target of 85.30, recording its highest level of $86.10 per barrel. Technically, oil prices continue to receive a positive stimulus from the simple moving …

US crude oil witnessed a strong rise in futures prices within a positive outlook, as we expected, touching the official target of the previous technical report at 83.20, recording its highest level during early trading of the current session, $83.80 per barrel. Technically, we find the price stable momentarily above …

Quiet movements tending to the upside dominated the movements of US crude oil futures contracts within the desired upward path, approaching by a few points from the first official target of 82.30, only to record the highest, around $82.00 per barrel. Technically, with a closer look at the 4-hour chart, …