Tag Archives: technical

As we expected, US crude oil futures prices jumped at the beginning of this week’s trading within the positive outlook, touching the official target of the previous technical report at 93.60, recording the highest level at 93.74. Technically, the stochastic has started to provide negative crossover signals, and this comes …

Gold prices did not show strong movements during the last session’s trading after the big gains it achieved last Friday, reaching the level of $1681 per ounce. Technically, we find gold retesting the previously breached resistance and turning it to a support level around 1666, which is still stable above …

Last Friday, the Canadian dollar incurred strong losses within the expected negative outlook, touching the profit-taking order published during the previous analysis at 1.3600, recording its lowest level at 1.3470 after the US and Canadian jobs data. Technically, we tend in our trading to the negative, relying on the continuation …

Strong gains dominated US crude oil futures prices within the expected bullish context, surpassing the required targets at 90.75 and recording the highest level at 92.80. Technically, the simple moving averages support ascending, accompanied by positive signs from the RSI stable above the 50 mid-line. From here and steadily trading …

Gold prices jumped at the end of last week’s trading. We adhered to intraday neutrality in the previous report, explaining that we are waiting to activate the pending orders, a pending buy order above 1647, to open the door to 1660 and then 1677, recording its highest level at $1681 …

A weak bullish trend, as we mentioned, dominated the Canadian dollar’s movements yesterday within the targeted bullish path, surpassing the required target of 1.3760 and recording its highest level around the resistance of the psychological barrier of 1.3800. Technically, the pair failed to stabilize for a long time above 1.3800 …

Mixed trading dominated the futures prices of US crude oil yesterday, trying to maintain the expected bullish context during the previous analysis, in which we relied on stability above the strong support level 88.10 to end its daily trading above the mentioned level, and it is now trading around 88.80. …

A bearish trend dominated gold prices to touch the awaited weekly target at 1615, recording its lowest level during the last session’s trading of 1616. Technically: Gold’s movements witnessed a bullish rebounding tendency to the upside as a result of touching the main support of the current trading levels represented …

Positive trading returned to control the movements of the Canadian dollar to reflect the daily bearish trend as we expected, touching the stop-loss order published during the previous analysis at the price of 1.3680, supported by the rise of the US dollar. Technically, the pair is now hovering around the …

US crude oil futures prices hit the first awaited target yesterday at 90.00 to succeed in recording the highest price of $90.35 per barrel. Looking at the chart, crude oil is consolidating above the strong support floor at 88.10, accompanied by the positive motive coming from the 50-day simple moving …