Tag Archives: technical

The price of US crude oil futures witnessed an upward trend yesterday after several successive sessions of decline, benefiting from the support of the psychological barrier at 79.00 to provide some bullish bounce to retest the $81.00 level. Technically, looking closely at the 4-hour chart, we find the price stable …

Gold prices reached the official target station during the previous technical report at 1885, recording its lowest level at $1885 per ounce. On the technical side, prices tried to take advantage of the support represented by the 1885 target to achieve some bullish rebound. However, it is still limited, and …

Positive trades dominated the movements of the US dollar against the Canadian dollar within the expected positive outlook, touching the first target at 1.3530, recording its highest level at 1.3552. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming …

Significant losses were incurred by the prices of US crude oil futures contracts as part of intensive selling operations during the previous trading session, touching the bearish correctional targets, as we expected at the price of 78.95, recording its lowest level at $79.00 per barrel. Technically, looking closely at the …

Gold prices continue to decline under pressure, with the US dollar rising. It is heading to touch the official targets required to be achieved during the previous report at 1894 and 1886, to suffice with recording its lowest price at $1886 per ounce. On the technical side today, by looking …

The Canadian dollar jumped within the expected positive technical outlook yesterday, surpassing the first target to be achieved at 1.3500, recording its highest level at 1.3510. Technically, the 50-day simple moving average still carries the price from below, in addition to the positive signs from the RSI, which is stable …

US crude oil futures prices incurred significant losses during the previous trading session; within the bearish corrective context, we relied on breaking 81.70, touching the required target of 80.70, and recording its lowest level at $80.44 per barrel. Technically, looking closely at the 4-hour chart, we find the price stable …

Gold prices achieved the negative technical outlook, as we expected during the previous technical report, touching the first target achieved at 1900, recording its lowest level at $1896 per ounce. On the technical side today, by looking at the 4-hour chart, with the continuation of the negative intersection of the …

The technical outlook is as it is, without change, and the pair’s movements did not change significantly, maintaining its bullish path after establishing a good support base of around 1.3400. From the point of view of technical analysis today, the 50-day simple moving average still carries the price from below, …

Mixed movements dominated the prices of US crude oil futures contracts, moving in both upward and downward directions. As a reminder, we indicated during the previous report that we are waiting for a bearish tendency that aims to retest 82.00 and 81.70, explaining the importance of this level to the …