Tag Archives: technical

For several consecutive sessions, gold prices witnessed a sideways price range confined from below above the support level of 1885 and from above below the level of 1905, so that the transactions of the last trading session witnessed an upward rebound so that gold could initially breach the main resistance …

Quiet positive trades continue to dominate the Canadian dollar’s movements within a gradual rise towards the required target of 1.3575, recording its highest level at 1.3565. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming from the RSI, which …

Trading tended to be negative, dominating the movements of US crude oil futures within the expected downward track. It gradually approached the first target achieved during the previous report at 79.20, only to record its lowest price at $79.51 per barrel. Technically, we find the price stable below the resistance …

The technical outlook is unchanged for the second session in a row, with the continuation of the sideways range between 1889 and 1904. Today’s technical vision indicates the possibility that we will witness an attempt to establish support around 1885 that may lead gold prices to achieve some temporary rise, …

The technical outlook remains unchanged as the pair continues to gradually maintain its bullish path, maintaining its positive stability above the support level of 1.3500. Technically, the 50-day simple moving average still holds the price from below, in addition to the positive signs coming from the RSI, which is stable …

Futures prices failed to achieve the bullish scenario after colliding with the pivotal resistance level published during the previous technical report at 82.30, explaining that breaching it is a condition for continuing the rise. Technically, 82.30 formed a strong resistance that forced the price to decline to retest the support …

The technical outlook is unchanged, and there was no significant change in gold prices in an attempt to rise. However, it is still limited, recording its highest level of 1898, after recording its lowest price around the support of 1885. Today’s technical vision indicates the possibility that we will witness …

The technical outlook remains unchanged as the pair continues to gradually maintain its bullish path, maintaining its positive stability above the support level of 1.3500. From the point of view of technical analysis today, the 50-day simple moving average is still holding the price from below, in addition to the …

US crude oil futures prices recovered by the end of last week’s trading after a session of successive declines, and the support level of 79.60 succeeded in limiting the bullish tendency to reverse the bearish trend temporarily. As a reminder, we indicated during the latest technical report that the price’s …

Gold prices continued the expected downward path, reaching the first main station of the current downward wave, at the expected target of 1885, recording its lowest level during the early trading of today’s session, $1885 per ounce. Today’s technical vision indicates the possibility of witnessing an attempt to establish support …