Tag Archives: technical

Strong resistance around 82.20, which formed a strong obstacle in front of US crude oil futures prices, contradicting the positive outlook as we expected, in which we relied on the stability of daily trading above 81.00, explaining that the return of trading stability below 81.00 is capable of postponing the …

Gold prices were able to touch the first official target station during the technical report issued yesterday at 1943 price, recording its highest level of 1943, which formed a strong resistance level that forced gold prices to re-test a typical support level of 1920 and it still maintains the bullish …

Negative trading dominated the movements of the Canadian dollar yesterday within the expected bearish path during the previous technical report, approaching by a few points the required target at 1.3320, recording its lowest level at 1.3340. Technically, looking at the 4-hour chart, we find attempts by Stochastic to obtain positive …

Positive movements dominated the prices of US crude oil futures contracts within the expected bullish track yesterday, touching the first bullish target to be achieved during the last report at 82.10, and approaching a few points away from the main target of 82.80, only to record its highest level at …

Gold prices moved in both the bullish and bearish paths during the first trading of this week, to witness a bearish tendency during the middle of the European trading session after it sneaked below 1920, explaining that the infiltration below it led the price directly to retest 1912, recording its …

The official bearish trend regained control of the Canadian dollar’s movements once again after it preferred to pass upwards to the pivotal resistance level at 1.3470, which forced it to trade negatively again to retest the support level of 1.3350. Technically, our trading tends to be negative, relying on the …

Mixed movements dominated the prices of US crude oil futures contracts, but trading tended to be positive to succeed in recording good gains, touching the level of $81.86 per barrel. Technically, by looking closely at the 4-hour chart, we find that oil prices continue to get a positive impulse from …

Gold prices continued achieving strong gains at the expense of the US dollar, as we expected within a gradual rise to visit the official target published during all technical reports last week at the price of 1950, recording its highest level at $1937 per ounce. Technically, and with a closer …

The Canadian dollar was able to touch our awaited target during the previous analysis at 1.3350, recording yesterday’s low at 1.3350, to start a bullish bounce as a result of touching the support represented in the target. Technically, the pair formed a bullish rebound to the upside, and the current …

Significant gains were achieved by US crude oil futures prices within the positive outlook, as we expected yesterday, touching the first target of 81.70, and recording a high of 82.35. Technically, oil prices collided with a strong resistance level of 82.40, which forced it to trade with strong negativity, so …