Tag Archives: technical

Positive attempts witnessed gold’s movements during the first trading of this week within the gradual upward context, as we expected during the previous technical report, approaching by a few points from the published target of 1936, only to record the highest around $1934 per ounce. Technically, today gold prices are …

Noticeable gains continue to control the prices of US crude oil futures contracts within the bullish context expected during the previous technical report, touching the target to be achieved at the price of 91.20, recording its highest level of $81.54 per barrel. Technically, with the regularity of work within the …

After several sessions of successive decline, gold prices concluded trading last week as part of attempts for a limited rise to retest the 1930 resistance level, and current movements are witnessing stability around the aforementioned level. Technically, today gold prices are witnessing attempts to establish a good support floor around …

The downward trend continues to control the movements of the Canadian dollar within the expected downward trend, reaching the first downward target to be achieved at 1.3550, recording its lowest level at 1.3521. Technically, we are leaning towards negativity, relying on the negative crossover of the simple moving averages that …

US crude oil prices presented a positive trading session within the positive technical outlook, approaching by a few points from the first bullish target to be achieved at 89.80, only to record its highest level of $89.60 per barrel. Technically, we find oil prices stable above 88.00, supported by the …

Negative trading dominated gold’s movements during the previous trading session within the bearish context, as we expected, approaching by a few points from the first target required to be achieved at the price of 1902, recording its lowest level of $1905 per ounce. From the technical analysis angle today, we …

The Canadian dollar fell within the expected downward path, touching the first target required to be achieved during the previous technical report at 1.5350, recording its lowest level at 1.3543. Technically, we are leaning towards negativity, relying on the negative intersection of the simple moving averages that continue to pressure …

US crude oil futures prices witnessed a trading session in positive areas within the bullish context as we expected, in which we relied on breaching the resistance of the psychological barrier 88.00, touching the second target to be achieved at 88.85 and approaching by a few points from the official …

We adhered to intraday neutrality during the previous technical report due to the conflicting technical signals and the confinement of trading within a sideways range, explaining that activating the selling positions requires a break of 1913 for the price to head to touch the target of the first break at …

Negative trading dominated the movements of the Canadian dollar during the previous trading session after it failed to maintain positive stability above 1.3600. Technically, we are leaning toward negativity, relying on the negative intersection of the simple moving averages that began to pressure the price from above and the negativity …