The EUR/USD pair found strong support near 1.1040, as previously noted, with the continuation of the bearish corrective trend hinging on a decisive break below this level. The pair managed to close above 1.1040, reaching a high of 1.1095. From a technical perspective today, the 4-hour chart shows the pair …
Read More »Dow Jones breaks support 4/9/2024
Oil, Crude, trading
Read More »USD/JPY trying to hold above support 4/9/2024
japanese-yen
Read More »GBP holds below resistance 4/9/2024
Oil, Crude, trading
Read More »Oil suffers huge losses 4/9/2024
U.S. crude oil futures experienced significant losses, surpassing the downside targets set in the previous trading session at 72.20, and recording a low of 69.75 during today’s Asian session. Technically, the 4-hour chart indicates that the bearish technical structure remains intact and effective, further reinforced by the ongoing negative pressure …
Read More »Gold touches targets and tries to recover 4/9/2024
Gold prices suffered significant losses yesterday, as anticipated in our previous technical report, reaching the key levels of 2486 and then 2470, with a low of $2473 per ounce. From a technical standpoint today, we observe that gold has momentarily stabilized above 2486 and generally above 2476. A closer look …
Read More »Euro awaits confirmation of support break 4/9/2024
Calm, slightly negative trading characterized the movements of the euro against the U.S. dollar, remaining within the anticipated bearish trend. As noted yesterday, further decline depends on a break below the 1.1040 level. From a technical perspective, the 4-hour chart shows that the pair has found solid support around 1.1040. …
Read More »Dow Jones closes above support 3/9/2024
Oil, Crude, trading
Read More »USD/JPY is based on support 3/9/2024
japanese-yen
Read More »GBP presses support 3/9/2024
Oil, Crude, trading
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