The EUR/USD pair successfully reached the bullish target at 1.1665, in line with the positive outlook presented in our previous report. The pair recorded a session high of 1.1676, confirming the continuation of its upward momentum. Technical Outlook: Price action remains steady above the 50-period Simple Moving Average (SMA), which …
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DowJones
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The USD/CAD pair is currently trading within a narrow range, consolidating between the psychological resistance at 1.3800 and the support level at 1.3760. Technical Outlook: Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is gradually losing upward momentum, reflecting weakening bullish pressure. At the same time, the …
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Oil, Crude, trading
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U.S. crude oil futures extended their decline for the fourth consecutive session, reaching a two-week low near the $65.00 per barrel mark. Technical Outlook: Intraday price action shows a modest rebound attempt as oil tries to recover from oversold conditions. However, the 50-period Simple Moving Average (SMA) continues to act …
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Gold prices have continued their upward trajectory, in full alignment with the bullish expectations outlined in our previous report. The metal successfully reached the projected target at $3,390, recording a session high at that level. Technical Outlook: Following the test of the $3,390 resistance zone, prices experienced a mild intraday …
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The euro is attempting to renew its bullish momentum against the U.S. dollar in early trading, after successfully holding above the key support level at 1.1525. Technical Outlook: The pair is currently trading near the session high of 1.1585. The chart indicates early signs of easing downside pressure from the …
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DowJones
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The technical outlook remains unchanged, as the USD/CAD pair continues to respect the prevailing uptrend highlighted in our previous report. The pair recorded a session high near the key resistance zone at 1.3870, reflecting ongoing bullish momentum. Technical Outlook: Intraday movements remain bullish, supported by continued price stability above the …
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Oil, Crude, trading
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