Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar performed in line with our expectations during the previous trading session, achieving the first target at $1.3590 and reaching a peak of $1.3606. In today’s technical analysis, observing the 4-hour timeframe chart, we note that the pair’s intraday movements are currently stabilized below the psychological barrier resistance …

japanese-yen

Oil, Crude, trading

The recent trading sessions for US crude oil futures contracts showcased a positive trend, aligning with the anticipated bullish context and achieving the initial target set forth in the previous report at $79.25, with a peak at $79.60 per barrel. In today’s technical analysis, we maintain a positive outlook, albeit …

The support level highlighted in the previous technical report, situated at $2025, effectively bolstered the positive stability of gold prices. After successfully retesting this level, with a peak at $2024, gold prices experienced an upward rebound, currently trading near their highest point during the early session, at $2037 per ounce. …

In the previous technical report, we maintained an intraday neutral stance due to conflicting technical signals, highlighting the significance of breaching the psychological barrier support at 1.0800 as the initiation of a downward trend in the immediate term. Today’s technical analysis reveals that the EUR/USD pair has managed to stabilize …

European Markets Slide Amidst Lackluster Profits and Anticipation of Key Economic Indicators European stocks faced downward pressure on Wednesday as disappointing earnings from various companies subdued investor sentiment. Meanwhile, global markets remained on edge, eagerly anticipating forthcoming inflation data releases in the United States and Europe for insights into evolving …

Introduction: Gold Market Steadies Amidst Yield Retreat and Dollar Uptick Gold prices found stability on Wednesday as a retreat in yields on US Treasury bonds partially offset the impact of a stronger dollar. Traders remained vigilant for key inflation data releases and statements from US Central Bank officials, seeking clues …