Tag Archives: technical

Gold prices jumped to achieve substantial gains after the markets opened yesterday, with a rising price gap placing gold prices above the 1838 resistance level, recording its highest level at $1865 per ounce. The technical vision today indicates the possibility of an increase, relying on the stability of trading above …

The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …

US crude oil prices continue to fall amid intense selling operations within the strong downward trend expected during the previous technical report, exceeding the first official target of 82.75, approaching by a few points from the second target of 82.00, recording its lowest level of $82.20 per barrel. Technically, the …

For the second session in a row, gold trading is limited from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find that positive crossover signals are …

The Canadian dollar achieved the first bullish target published during the previous technical report at 1.3750, recording its highest level of 1.3780. Technically, and with a closer look at the 4-hour time frame chart, the pair established an excellent support ground near the 1.3675 level, accompanied by positive motivation from …

US crude oil futures prices continue to incur losses amid strong selling, as we expected, exceeding the bearish targets required to be achieved during the previous technical report at 86.60, recording its lowest level at $84.20 per barrel. Technically, by looking at the 4-hour time frame chart, we find the …

Gold trading was limited during the previous trading session from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find positive crossover signals beginning to appear on …

A gradual rise for the Canadian dollar within the expected positive outlook during the previous technical report, approaching a few points from the published target of 1.3750, recording its highest level of 1.3737. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

Mixed trading dominated the prices of US crude oil futures contracts to temporarily reverse the expected downward trend, indicating that the attempt to stabilize trading above 89.40 is leading oil prices to retest 90.40, recording its highest level of $89.23 per barrel. Technically, oil prices failed to maintain their trading …

The technical outlook remains unchanged, and gold’s movements did not change significantly, trying to retest the 1830 resistance level, maintaining negative stability below it. Technically, the simple moving averages are still a factor of negative pressure on the price from above, in addition to the stability of intraday trading below …