Tag Archives: technical

Mixed trading without a clear direction dominated US crude oil futures prices at the opening of this week’s trading, finding a solid resistance level around 88.30, which forced it to retest 86.20. Technically, by looking at the 240-minute time frame chart, the 50-day simple moving average supports the possibility of …

Mixed movements without a clear direction dominated gold prices during last Monday’s trading session, bringing gold back to immediate stability below the 1913 level, considered one of the most important keys to the trend during the day. Technically, and with careful consideration, we find gold prices hovering around the pivotal …

Mixed trading dominated the movements of the Canadian dollar during the previous trading session after it found a strong resistance level around the psychological barrier of 1.3700. Technically, we find the pair hovering around the previously breached resistance level converted into support at 1.3650, and we find the 50-day simple …

A substantial rise in the prices of US crude oil futures contracts, achieving strong gains after it succeeded in consolidating above the resistance level of 85.10, touching the required upward target at the price of 86.40, recording its highest level of $87.80 per barrel. Technically, by looking at the 240-minute …

Gold prices jumped upward to achieve significant gains at the end of last week’s trading within the positive outlook as we expected, exceeding all targets to reach the official target 1913, recording its highest level of $1932 per ounce. Technically, and with careful consideration, we find that gold prices were …

Positive trading witnessed the movements of the Canadian dollar to reflect the downward trend as we expected, in which we relied on the stability of trading below 1.3650 at the time of the report. As a reminder, we indicated that the return of trading stability above 1.3650 leads the pair …

The movements of US crude oil futures witnessed negative trading within the expected bearish context after it failed to stabilize for a long time according to the psychological barrier resistance of 85.00, recording its lowest level at $82.35 per barrel. The daily trend is still bearish, with continued negative pressure …

During the beginning of the previous trading session, gold prices were able to touch the first target required to be achieved in the last report at 1884, recording its highest level of $1885 per ounce, to return within a bearish tendency, affected by the rise of the US dollar after …

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining the expected bearish path, stable below the 1.3650 resistance level. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the simple moving averages to return to pressuring …

US crude oil futures prices declined to be able to cover the rising price gap, as we expected, touching the official targets required to be achieved at 83.75, recording its lowest level at $82.82 per barrel. Technically, with a closer look at the 240-minute time frame chart, we notice continued …