The EUR/USD pair continues to trade within a well-defined upward trajectory, edging closer to the key psychological resistance at 1.1800, with a session high recorded at 1.1790. Technical Outlook – 4-Hour Chart:Price action indicates strong resistance near the 1.1800 threshold, which has prompted some intraday pullbacks. Additionally, the 50-period simple …
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Oil, Crude, trading
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The USD/CAD pair recorded modest gains during today’s session as it attempted to recover from recent losses, showing cautious bullish momentum in intraday trading. Technical Outlook – 4-hour Chart:Despite the slight rebound, the pair remains under pressure from the simple moving averages acting as dynamic resistance. Additionally, the Relative Strength …
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Oil, Crude, trading
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Oil prices traded cautiously higher during today’s session, following a string of consecutive declines. The market saw a modest rebound, with prices testing the psychological resistance level at $66.00 per barrel. Current Range: Support: $64.65 Resistance: $65.95 Prices remain confined within a narrow sideways range. The simple moving averages continue …
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Gold prices saw a strong rebound in the previous session, achieving a short-term upward correction within a broader downtrend, reaching the anticipated technical targets of $3327 and $3360, with a session high at $3358 per ounce. Technical Outlook (4-hour chart):The $3358 resistance level has proven to be a firm barrier, …
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The EUR/USD pair continues to follow a positive trajectory, in line with prior expectations, reaching the 1.1800 target and recording a session high of 1.1830. Technical Outlook (4-hour timeframe):Despite some mild profit-taking, technical indicators remain aligned with a continuation of the uptrend: The pair is trading consistently above the 50-day …
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Oil, Crude, trading
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The USD/CAD pair exhibited cautious bullish behavior yesterday, aligning with the expected upward scenario and reaching a high near the key resistance level of 1.3760. From a technical standpoint today, the 240-minute chart reveals continued support from the simple moving averages, which are reinforcing the bullish sentiment. Additionally, the Relative …
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Oil, Crude, trading
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