Tag Archives: technical

Bleeding losses continue to control the prices of US crude oil futures contracts within the expected negative outlook, exceeding the official target required to be achieved during the last report, located at the price of 68.45, recording its lowest level during the early trading of the current session at the …

Gold prices continued their upward push within the expected bullish technical path mentioned in the previous analysis, in which we relied on the confirmation of gold prices breaching the resistance of the symmetrical triangle, as we explained yesterday, heading to touch the official target of the previous analysis 2045, recording …

It is hovering around its highest level during the current session at 1.3615. Technically, and with a closer look at the chart, the simple moving averages continue to support the daily bullish price curve. On the other hand, signs of negativity began to appear on the stochastic indicator, which started …

The US crude oil futures prices incurred significant losses yesterday, recording a low of around $71.47 per barrel. Technically, and with the regularity of work within the bearish channel shown on the 4-hour chart, in addition to the continuation of the negative intersection of the simple moving averages that pressures …

Gold prices jumped, achieving significant gains during the previous trading session, recording its highest level of $2019 per ounce. Technically, and by looking at the 4-hour chart, we find that gold prices liberated from the symmetrical resistance triangle we referred to during the previous analysis. We find that the simple …

The Canadian dollar approached the first target during the previous trading session at 1.3650, recording its highest level at 1.3645. Technically, and by looking at the 4-hour chart, we renew that the pair started to exit from the ascending channel, and we find that the relative strength index started to …

Mixed trading tended to be positive, dominating the movements of the US crude oil futures contracts during the previous trading session, trying to take advantage of the support base for the psychological barrier of 74.00 within limited attempts to achieve some bullish rebound. Technically, the simple moving averages continue to …

Negative trading dominated gold prices yesterday, explaining that the failure to breach the pivotal resistance level 2006 increases the possibility of the corrective decline to target 1985 and 1971, recording its lowest level at $1972.00 per ounce. Today’s technical vision indicates the possibility of continuing the decline, depending on the …

The bullish trend still dominates the Canadian dollar’s movements, with a gradual rise to the upside within the expected bullish context. However, it reached its highest level, around 1.3650 resistance, which succeeded in limiting the bullish bias. Technically, the bullish trend is still the most preferred, relying on trading stability …

The US crude oil futures prices incurred heavy losses, exceeding the target to be achieved at the price of 76.10, recording its lowest level of $74.10 per barrel. Technically, with the regularity of work within the descending channel as shown on the 240-minute chart, and with the negative intersection of …