Oil, Crude, trading

Oil, Crude, trading

In the previous report, we maintained a neutral stance, emphasizing that the activation of selling positions would hinge on a breach below the robust support level of 1.3680. Such a breach could pave the way for the pair to reach 1.3600, and the pair indeed recorded its lowest level at …

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced a significant decline last Friday, reaching the initial official target outlined in the preceding report at $75.75 and recording their lowest point at $75.13 per barrel. From a technical perspective, the prevailing downward trend persists, with trading consolidating below the 76.40 resistance level. This …

Gold prices concluded last week’s trading sessions on a notably positive note, surpassing the psychological barrier resistance level of $2,000, consistent with the anticipated positive outlook. The prices approached the official target of 2007, reaching a peak of $2,003 per ounce. From a technical standpoint, examining the 4-hour time frame …

Positive trading prevailed in the Euro/Dollar pair at the close of last week’s trading, aligning with the anticipated upward trajectory outlined in the previous technical report. The pair approached the initial official target of 1.0960, reaching a peak of 1.0950. From a technical perspective today, a positive inclination is observed, …

Data from the German statistics office confirmed on Friday that the country’s economy contracted slightly in the third quarter compared to the previous three months. The initial estimate, published in late October, indicated a contraction of 0.1 percent, which has now been substantiated. Ruth Brand, head of the Statistics Office, …

The dollar fell on Friday as investors bet that US interest rates had peaked, while the yen rose after Japan’s core consumer prices grew, boosting expectations that the Bank of Japan may soon roll back monetary stimulus. With US markets closed on Thursday due to the Thanksgiving holiday and a …