Tag Archives: technical

Gold started the first trading sessions this week on a bullish slope, benefiting from the strong demand point located at 1690 price, to retest the 1726 point during the early trading of the current session. On the technical side today, we find that the 14-day momentum indicator is getting positive …

Positive trading continued to dominate the movements of the Canadian dollar during the previous trading session, touching the bullish target required to be touched at 1.3210, recording its highest at 1.3210. Technically, the current movements are witnessing a bearish tendency after the pair failed to maintain stability for a long …

US crude oil futures prices could continue achieving the bearish targets as we expected, bypassing the official price target station of 86.50 to record the lowest level at 85.97. On the technical side, the current movements are witnessing a bullish trend, as a result of the price gaining positive momentum …

Substantial losses dominated gold prices during the previous trading session, within the expected negative outlook, touching the first target that is required to be achieved at 1695, and it is approaching by a few points from the second target 1686, to be satisfied with recording $1688 per ounce. Technically, by …

A bullish trend dominates the movements of the Canadian dollar within the expected positive outlook this week after the pair established a solid support floor of around 1.2860, achieving the required target yesterday at 1.3130 and heading to touch the second target of 1.3185. Technically, the pair started its daily …

Significant losses witnessed the movements of US crude oil futures prices after it failed to maintain trading above the main support level of 93.50 to start a strong downward trend as we expected yesterday, surpassing the required target of 89.50 to record its lowest level at 88.23. Technically, prices settled …

Gold prices achieved noticeable losses within the expected negative outlook, in which we relied on the stability of trading below the broken support level 1729, heading to touch the bearish targets 1716 and 1708, and approaching by a few points at the official station 1700, recording its lowest price during …

The Canadian dollar achieved all the required bullish targets during the previous analysis, heading towards touching the official price station at 1.3110 and recording its highest level at 1.3108. Technically, the pair’s movements are witnessing stability above the psychological support level of 1.3000, accompanied by the positive motive of the …

US crude oil futures prices reversed the expected bullish trend during the previous analysis, in which we depended on the stability of trading above the 94.70 support floor. Breaking 94.70 postpones the idea of ​​the rise and puts the price under temporary negative pressure targeting 93.60, recording its lowest level …

Gold price movements witnessed negative trading yesterday, within the negative outlook, as we expected, based on confirming the breach of the support level of 1729, touching the first target of 1721, to record the lowest level of $1720 per ounce. On the technical side, price stability below the 1729 Fibonacci …