Tag Archives: technical

Significant losses witnessed the movements of US crude oil futures prices after it failed to maintain trading above the main support level of 93.50 to start a strong downward trend as we expected yesterday, surpassing the required target of 89.50 to record its lowest level at 88.23. Technically, prices settled …

Gold prices achieved noticeable losses within the expected negative outlook, in which we relied on the stability of trading below the broken support level 1729, heading to touch the bearish targets 1716 and 1708, and approaching by a few points at the official station 1700, recording its lowest price during …

The Canadian dollar achieved all the required bullish targets during the previous analysis, heading towards touching the official price station at 1.3110 and recording its highest level at 1.3108. Technically, the pair’s movements are witnessing stability above the psychological support level of 1.3000, accompanied by the positive motive of the …

US crude oil futures prices reversed the expected bullish trend during the previous analysis, in which we depended on the stability of trading above the 94.70 support floor. Breaking 94.70 postpones the idea of ​​the rise and puts the price under temporary negative pressure targeting 93.60, recording its lowest level …

Gold price movements witnessed negative trading yesterday, within the negative outlook, as we expected, based on confirming the breach of the support level of 1729, touching the first target of 1721, to record the lowest level of $1720 per ounce. On the technical side, price stability below the 1729 Fibonacci …

Positive trades witnessed the movements of the Canadian dollar, maintaining positive stability, benefiting from a base on the solid support floor located at 1.2950. Technically and carefully considering the 4-hour chart, we find the pair confirmed the breach of the 1.12960 resistance level, which has now turned into the 61.80% …

US crude oil prices continue to achieve gains within the targeted upward path, bypassing the official station required to be touched during the report issued yesterday at 96.40, recording its highest level of 97.36. Technically, we find that the simple moving averages continue to provide a positive stimulus that supports …

Gold prices found strong resistance around the key supply areas at 1745 published during the previous analysis, explaining that stability and stability below it is a condition for maintaining the general bearish trend on the intraday term, to find gold unable to break it until now. Technically and carefully considering …

As expected, the Canadian dollar achieved noticeable gains within the positive technical outlook, touching the awaited target at 1.3030, recording its highest level at the beginning of the first trading sessions this week at 1.3070. Technically, and with careful consideration on the 4-hour chart, we find the pair confirmed the …

US crude oil futures prices managed to retest the target mentioned in the previous analysis, surpassing the required target at 91.80, recording its lowest level at 91.10. Technically, prices returned to the bullish rebound once again, building on support level of 92.00 and supported by the positive motive coming from …