Tag Archives: technical

Gold prices suffered heavy losses, as we expected during the previous technical report, touching the official target station at 1913, explaining that breaking it constitutes a negative pressure factor, so that the door is open towards 1887, recording its lowest level during the morning trading of today’s session, $1902 per …

The Canadian dollar declined significantly within the negative outlook, as we expected, touching the first target to be achieved during the previous report, located at 1.3130, recording its lowest level during the morning trading of the current session at 1.3118. From a technical point of view, today we tend to …

We remained neutral during the previous technical report due to a conflict between the technical signals to find that oil prices did not witness noticeable movements in the last session within a narrow sideways path, and the current movements witness stability around $69.70 per barrel. Technically, the contradiction between the …

Gold prices continue the gradual decline to the downside within the bearish context, as we expected, to witness the current movement’s stability below the sub-resistance level of 1933. On the technical side today, and with a closer look at the 240-minute chart, we find that the simple moving averages still …

The Canadian dollar failed to settle for a long time above the resistance level of the psychological barrier 1.3200 to return to the bearish trend again, and the current movements are witnessing stability around its lowest level during the morning session of today’s trading session, around 1.3160 From a technical …

US crude oil futures prices touched the official target to be achieved by the end of last week’s trading, as we expected at 67.30, recording its lowest level at $67.03 per barrel. Technically, with a closer look at the 240-minute chart, the current trading has returned to stability above the …

Gold prices were subjected to solid selling operations during last Friday’s trading session, gradually approaching the official target stations at 190 and 1897, only to record their lowest level at $1910 per ounce. On the technical side today, and with a closer look at the 4-hour chart, we find trading …

US crude oil futures prices incurred large losses, invalidating the positive outlook of the previous report, in which we relied on trading stability above 71.55 when the report was issued. As a reminder, we indicated that the closing of the 4-hour candle below 71.50, and most importantly 71.20, invalidates the …

Gold prices declined significantly during the previous session’s trading to achieve the official target for the current downward wave, as we expected at 1913, recording its lowest level during the morning trading of today’s session at $1910 per ounce. From the point of view of technical analysis today, and by …

The Canadian dollar continues its negative trading within the expected bearish context, in which we relied on trading stability in general, below the pivotal resistance of 1.3260, touching the first official target of 1.3180, and gradually approaching the second target of 1.3130, recording its lowest level during the trading of …