Arazmajeed

Arazmajeed Updated 

USOIL OUTLOOK US crude oil prices continue their gains, touching their highest levels since mid-April at $83 a barrel, after Saudi Arabia and Russia, two major oil producers, pledged to continue cutting supplies for another month with the aim of continuing to balance global markets and support prices . additionally, in this week we have a news about US crude...

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USDCAD OUTLOOK The price of USDCAD reached at the strong support in the 1.3388 zone and that is high reached three times since 12 Jun we expected that the price will drop again due to the strong resistance zone the expect trading range for today is between the resistance zone and support line 1.3332 Best chance to trade Best chance to entry , stabilized...

Arazmajeed Updated 

GOLD Gold analysis for the next week The yellow metal failed to breach the important support in the 1930 zone after the released of mixed American data last week in this week , the yellow metal will continue at the bullish zone because the Dollar has weakened due to the data so we expected the Gold will continue at the bullish a tendency to reach the next...

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US Dollar Index Outlook The Index of Dollar trade in the bearish channel and now on the top of the channel so now it will try to drop to the bottom of channel . the Index of Dollar waiting for important data on the Thursday and Friday ,The data can be the main driver for Index to reach the support in the 99.53 zone Additionally ,The Index still below the...

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GBPUSD OUTLOOK The price of GBPUSD try to rise up after failed to breach the support in the 1.2610 zone and get out of the bullish channel Currently, the price will try to rise up to reach the next resistance in the 1.2851 zone because the Dollar has weakened and price failed to breach the important support zone Additionally , on the Friday we have gross...

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The bearish trend is still in control of gold and is awaiting data on the Employment Report and the Unemployment Rate 🔹 The US dollar is still grinding currencies, metals, and indices, so that gold is heading towards recording its worst weekly performance in two months. 🔹 However, today the markets are awaiting job, unemployment and wages data at 12:30 GMT, and...

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The price of EURUSD under sell pressure after reached at the strong support zone and couldn't broke it Currently , consolidation above 1.0949 it will support the price to rise up again to reach the suggested target 1.1021 , 1.1062 and 1.1114 and the consolidate above 1.0949 is important for EUR to be continue at the bullish tendency As for renewing bearish...

Arazmajeed

The price of GOLD will reach at the sensitive zone after lost a lot of points Currently , consolidation above 1943 it will support the price to earn more points and recovery some points and try to reach 1953 and 11962 As for renewing bearish attempts , stabilized under 1938 it will attack the bearish attempts and reached to the suggested target which is 1929...