US crude oil futures prices followed the anticipated downward trajectory outlined in yesterday’s technical report. We emphasized the significance of trading stability below 82.70, noting that any trading above 82.85 could postpone the likelihood of a decline. Temporary recovery attempts were observed, aiming to retest 83.40, with the highest level …
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Gold prices experienced a notable rebound, finding support amidst a decline in the US dollar following the release of negative economic data. The precious metal reached its peak at $2,334 per ounce. In terms of technical analysis today, upon examining the 4-hour timeframe chart, it’s evident that the simple moving …
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During the previous trading session, the EUR/USD pair made upward attempts, testing the notable resistance level highlighted in the preceding technical report at 1.0715. From a technical analysis perspective, the upward momentum remains somewhat limited. Upon closer examination of the 4-hour time frame chart, it’s observed that the Stochastic indicator …
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Oil, Crude, trading
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Yesterday, the Canadian dollar experienced a predominant downward trend, consistent with the negative outlook anticipated in the previous technical report. The price reached the first target at 1.3695, hitting a low of 1.3687. From a technical analysis perspective today, focusing on the 240-minute timeframe, a bearish technical pattern emerges, reinforcing …
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japanese-yen
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Oil, Crude, trading
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During the previous trading session, US crude oil futures contracts experienced negative pressure, aligning with the bearish context anticipated in the preceding technical report. The prices touched the first target at $80.40, reaching a low of $80.47 per barrel. From a technical standpoint, the price remains stable below the 50-day …
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Gold prices experienced significant losses in the previous trading session, aligning with the corrective decline anticipated in the preceding technical report. The prices reached the specified targets at 2325, hitting a low of $2295 per ounce. From a technical analysis perspective today, a detailed examination of the 4-hour timeframe chart …
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The EUR/USD pair exhibited minimal change during the initial trading sessions of the week, trading within a sideways range. The pair’s price continues to maintain negative stability below the 1.0715 resistance level. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the simple moving …
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