Tag Archives: technical

crude oil futures prices achived strong gains within the expected bullish path during the previous analysis, touching the retest target 75.30, surpassing the required target, and recording a high of 76.35. On the technical side today, and with a closer look at the 4-hour chart, we find that stochastic started …

Gold prices jumped during the previous trading session, taking advantage of the pressure on the US dollar index after the US inflation data, and as a reminder, we adhered to intraday neutrality during the previous technical report due to the conflicting technical signals, explaining that the activation of buying positions …

Trading tended to be positive during the previous trading session, but within a narrow range between 1.3620 and 1.3680. Technically, we tend to be positive, but with caution, relying on the positive impulse coming from the 50-day simple moving average, stimulated by the clear positive signs on the RSI. Activating …

US crude oil futures prices jumped to achieve the required intraday rise during the previous analysis within retesting 72.50, to reverse the expected bearish trend yesterday, recording a high of 74.20 during the early trading of the current session. On the technical side today, the simple moving averages are still …

Trading tended to be negative within a narrow path that dominated gold’s movements with the beginning of this week’s trading. As a reminder, we preferred to monitor the price behavior, explaining that we are waiting for a direction confirmation signal. Technically, and by looking at the 240-minute chart, we notice …

Limited positive trading dominated the movements of the Canadian dollar, which found a strong resistance level near 1.3680, maintaining negative stability below the mentioned level. Technically, we tend to be negative in our trading, but with caution, relying on the clear negative signs on the stochastic indicator, which started to …

The prices of US crude oil futures contracts declined significantly by the end of last week’s trading within the expected downward path, touching the official target of the last report, which is at 70.30, recording its lowest level at $70.30 per barrel. Technically, by looking at the 4-hour chart, we …

Gold prices were able to touch the official targets during the technical report issued last Friday at the price of 1805, recording its highest level of $1806 per ounce. Technically, gold prices started their weekly trading on a bearish slope as a result of the rise of the US dollar …

The Canadian dollar reversed the expected bullish trend during the previous report, in which we relied on the stability of intraday trading above the support level of 1.3620, to decline to the downside as a result of approaching the resistance level of the psychological barrier 1.3600. Technically, we tend towards …

Mixed trading dominated the price movements of US crude oil futures without a clear real direction, recording a low of 71.14 after recording a high of $75.41 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue the negative pressure on the price …