Tag Archives: technical

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 …

Gold failed to achieve the expected bearish target mentioned in the previous technical report, in which we relied on the stability of trading below the 1903 level, explaining that the return of trading stability above 1911 negates the proposed scenario. As a result, gold regained the main bullish path, waiting …

The Canadian dollar fell yesterday within the bearish path published during the previous technical report, approaching by a few pips at the first target of 1.3360, recording its lowest level at 1.370. The technical view is unchanged, and the pair maintains the same technical conditions. The common tendency tends to …

US crude oil futures prices achieved the bullish target required to be touched during the previous technical report at 80.85, and approached by a few points at the second target 81.45, only to record the highest 81.20. Technically, oil prices continue to receive a positive incentive from the simple moving …

Negative trading dominated gold prices during the previous trading session, as we indicated in the last report, touching the first target of 1903, and heading for the second target 1897 during the morning trading of the current session. Technically, and by looking at the 4-hour chart, we notice the stability …

Negative trades continued to dominate the Canadian dollar after it failed to surpass the strong resistance level at 1.3470, which formed a strong resistance level that forced the pair to maintain the bearish bias. Technically, and by looking at the 240-minute chart, we find that the simple moving averages continue …

Mixed trading dominated the prices of US crude oil futures within both the bullish and bearish paths, with the beginning of this week’s trading recording a high of 80.00, then quickly returning to the bottom, recording a low of around 78.60. On the technical side today, the current movements are …

Gold prices jumped at the beginning of this week’s trading, achieving significant gains, surpassing the official target mentioned last Friday at 1910, recording its highest level at $1929 per ounce. Technically, by looking, we find the 1930 resistance level that formed an obstacle in front of the price to force …