Gold prices experienced significant losses during yesterday’s trading session, in line with our previous technical analysis, reaching the official targets set at $2290 per ounce. The lowest point was recorded at $2281 per ounce during early trading. Today’s technical outlook suggests a potential continuation of the downward correction, with trading …
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The euro continues its downward trajectory against the US dollar as anticipated in the previous technical report. Trading remains below the critical resistance level of 1.0715, with the currency pair approaching the initial target of 1.0660. During today’s Asian trading session, the euro touched its lowest level at 1.0654. Analyzing …
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Oil, Crude, trading
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The Canadian dollar experienced an upward trend, finding support at 1.3630, which facilitated a rebound, with the pair currently stabilizing near its morning peak around 1.3680. Today’s technical analysis suggests a positive outlook, buoyed by the supportive influence of the 50-day simple moving average. This is further reinforced by favorable …
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices experienced downward pressure at the beginning of the trading week, encountering resistance near the psychological threshold of $84.00. From a technical perspective, a bearish outlook emerges, driven by the resurgence of simple moving averages exerting downward pressure, coupled with the price’s positioning below key sub-resistance …
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Gold prices recently found robust support at $2325, a level crucial for maintaining the short-term upward trend. This support prompted a modest rebound, with prices reaching a peak of $2346 per ounce. Analyzing the 240-minute time frame chart reveals a return to stability below the 50-day simple moving average, reinforcing …
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The EUR/USD pair continues to experience mixed movements, oscillating within a narrow sideways range. This range is bounded by the 1.0730 resistance level on the upper end and the 1.0680 support level on the lower end. A detailed examination of the 4-hour time frame chart reveals that the pair’s intraday …
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Oil, Crude, trading
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