Daily Technical Analysis

The Euro continues its downtrend against the US Dollar as anticipated in the previous technical report, reaching the initial target at 1.0810 and registering a low at 1.0812. The technical outlook remains consistent. Examining the 4-hour time frame chart, the Euro is presently consolidating below the sub-resistance level of 1.0860, …

Oil, Crude, trading

Oil, Crude, trading

Limited positive attempts dominated the movements of the Canadian dollar temporarily, hitting the resistance level of 1.3535, which succeeded in limiting the upward tendency. From a technical analysis standpoint, today prices are witnessing stability below the psychological barrier resistance level of 1.3500, and with a closer look at the 4-hour …

japanese-yen

Oil, Crude, trading

US crude oil futures exhibited significant gains in the previous session, in line with expectations, reaching the officially targeted station outlined in the preceding technical report at $77.30 and marking a peak at $77.46 per barrel. A technical analysis on the 4-hour timeframe chart reveals the continued influence of simple …

Gold experienced positive trading during the initial sessions of the week, breaking free from a recent period of sideways movement. The precious metal established a robust support level around the 2016 mark. From a technical perspective today, the outlook tends towards optimism, relying on the stability of trading above the …

The euro traded in negative territory against the US dollar in the previous session, following the anticipated bearish movement outlined in the recent technical report. The currency touched the initial target at $1.0810, reaching a low of $1.0796. From a technical standpoint, a closer examination of the 4-hour chart reveals …

Limited positive attempts dominated the movements of the Canadian dollar temporarily, hitting the resistance level of 1.3535, which succeeded in limiting the upward tendency. From a technical analysis standpoint, today prices are witnessing stability below the psychological barrier resistance level of 1.3500, and with a closer look at the 4-hour …