Daily Technical Analysis

The Euro continues to decline, pressured by the strengthening US dollar. The pair reached the initial target outlined in our previous report at 1.0600, with the lowest recorded level at 1.0595. From a technical perspective, examining the 240-minute chart reveals persistent negative pressure from the simple moving averages, which act …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced a significant decline in the last trading session, aligning with the bearish outlook, and met the forecasted targets at 68.55, hitting a session low of $67.84 per barrel. Technical Analysis: Bearish Bias: Oil prices are currently under negative pressure, with trading stability below 68.60. …

Gold experienced strong selling pressure, maintaining its downward trend and surpassing the target station of 2647, with prices dropping to a low of $2610 per ounce. Technical Analysis: Bearish Outlook: Today’s analysis indicates a continued bearish sentiment, as gold remains below the simple moving averages, which reinforce the likelihood of …

The Euro experienced a significant decline against the U.S. Dollar, in line with previous expectations, after successfully breaking the 1.0680 support level. This move took the pair down to its initial target at 1.0665, coming close to the next key station at 1.0610, with a recorded low of 1.0628. Technical …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading