Tag Archives: technical

Gold prices continue due to the rise in the US dollar, heading towards touching the first target expected to be achieved during the previous technical report at 1920, approaching by a few points from the official station of 1913, only to record the lowest of $1,915 per ounce. Technically, by …

Positive trading dominated the movements of the Canadian dollar yesterday within the bullish context expected during the previous technical report, touching the target of 1.3660, recording its highest level of 1.3670. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established a …

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, …

Gold prices declined during the previous trading session within the negative outlook expected in the last report, touching the first official target of 1929, recording its lowest level of $1924 per ounce. Technically, by looking at the 240-minute time frame chart, we find that the simple moving averages continue to …

The Canadian dollar found a solid support ground near 1.3570, which helped it maintain temporary positive stability to begin attacking the psychological barrier resistance level of 1.3600, and the intraday movements witnessed stability above it. From a technical standpoint today, we are leaning towards positivity, but with caution, in our …

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 …

Gold prices declined yesterday after it collided with the strong resistance level at 1945, which forced it to trade negatively, and it will now settle around its lowest level during early trading of the current session around $1936 per ounce. Technically, and with a closer look at the 4-hour time …

The Canadian dollar achieved the first bearish target required to be touched during the previous technical report at 1.500, recording its lowest level at 1.3490. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing to exert negative pressure on the pair, in addition to trading …

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 …

Gold prices found it difficult to break the pivotal resistance level published in the previous report at 1945, in which we explained how important it is to the current trading levels, to force gold prices to retest 1938. Technically, the 50-day simple moving average still protects the price, and we …