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Oil, Crude, trading
Read More »Nasdaq trying to rise 9/1/2024
Dow Jones repeats bullish opportunities 9/1/2024
Oil, Crude, trading
Read More »CAD facing temporary negative pressure 9/1/2024
The Canadian dollar continues to exhibit an upward trend, in line with the anticipated bullish context outlined in the previous technical report. The pair successfully established a base around the support level of 1.3320. In terms of technical analysis, a closer examination of the 4-hour time frame chart reveals ongoing …
Read More »USD/JPY to be carefully examined 9/1/2024
japanese-yen
Read More »GBP breaks resistance 9/1/2024
Oil, Crude, trading
Read More »Oil maintains negative stability 9/1/2024
US crude oil futures prices experienced significant losses as the current week’s trading sessions commenced, aligning with the anticipated negative outlook and reaching the targeted level of $70.00. The recorded lowest level was $70.13 per barrel. Technically, the prevailing sentiment leans towards negativity, with the formation of simple moving averages …
Read More »Gold is at crucial levels in the short term 9/1/2024
Gold prices recently touched the designated support level, established at the 2016 price, reaching a low of $2016 per ounce. The technical analysis indicates a subsequent upward rebound following this contact with the robust 2016 support level, prompting a retest of the 2040 resistance level. Examining the 4-hour time frame …
Read More »EUR is hovering around resistance 9/1/2024
During the initial trading sessions of the week, the EUR/USD pair exhibited subdued movements, testing the 1.0960 resistance level without successfully breaching it. On the technical front, a closer look at the 240-minute time frame chart reveals the pair’s consolidation below the 50-day simple moving average, exerting downward pressure. Furthermore, …
Read More »Boeing shares tumble amid continuing fallout from fresh 737 Max incident
The incident you described involving a Boeing 737 Max 9 jet and the subsequent grounding of around 171 Boeing jets has indeed led to a decline in Boeing’s stock. The situation has raised concerns about safety inspections and potential issues with the aircraft model. The Federal Aviation Administration (FAA) has …
Read More »Euro area Retail Sales decline in November
The latest economic data from the Euro area provides a snapshot of the region’s economic conditions: Retail Sales: In November, Eurostat reported a decline of 0.3% in retail sales on a monthly basis.This follows the revised increase of 0.4% (originally reported as 0.1%) recorded in October.The reported figure aligns with …
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