Tag Archives: technical

Negative trading dominated the US crude oil futures prices within the expected bullish track, to settle for recording its lowest level near the 81.00 barrier. Technically, the current oil movements are witnessing a bullish tendency, benefiting from stability above the mentioned support level and the attempt for intraday stability above …

A gradual rise in gold prices within the positive outlook, as we expected during the previous analysis, heading to touch the official price station at 1726, recording its highest level at 1728. On the technical side today, and by looking at the 4-hour chart, we find gold succeeded in establishing …

Mixed trading dominated the movements of the Canadian dollar, affected by the decision of the Bank of Canada regarding interest rates. The pair failed to breach the 1.3200 resistance, which forced it to form a bearish slope to retest the 1.3120 support level. Technically, and by looking at the 4-hour …

As we expected, American crude oil prices incurred heavy losses during the previous trading session, heading to touch the awaited descending official target at 83.00, to record its lowest level at 81.51. Technically, with the negative pressure of the simple moving averages that support the bearish price curve and confirming …

Gold prices found a solid support floor that succeeded in establishing it near 1796, to witness a trading session that tilted to the positive after gold succeeded in confirming the breach of the 1705 resistance level, explaining that consolidation above the mentioned level leads the price to visit our first …

The Canadian dollar maintained stability within the expected positive technical outlook, touching the official target required to be achieved at 1.3205, recording its highest level at 1.3200. Technically, we find the pair succeeded in forming a good support floor around 1.3120, trying intraday stability above the 1.3170 resistance level. Looking …

US crude oil futures prices declined yesterday, nullifying the expected positive outlook, in which we depended on the stability of intraday trading above the 88.00 level, touching the stop-loss order published in the previous analysis at 87.80. We made it clear that breaking the mentioned level puts the oil price …

The prices of the yellow metal hit the strong resistance published in the previous analysis at 17260. we mentioned earlier that it is one of the most important keys to the trend; forcing to trade with clear negativity again. We noted that the decline below 1707 led the gold price …

Positive movements dominated the Canadian dollar during the previous trading session, recording its highest level yesterday around the strong resistance level located at 1.3170, which succeeded in limiting the bullish bias. Technically, and by looking at the 4-hour chart, we find the 50-day simple moving average that is still trying …

Mixed trading dominated the US crude oil futures prices yesterday, recording its highest level at 90.37, and it failed to stabilize for a long time above the 90.00 barriers. However, the current movements are stable at around $88.50 per barrel. Technically, we tend to the positivity in our trading, based …