Daily Technical Analysis

The landscape of US crude oil futures contracts witnessed a blend of movements, oscillating between upward and downward trajectories in yesterday’s trading session. Notably, a robust support level near $76.40 acted as a formidable barrier, curtailing downward pressure and steering prices to a close near the $78.00 mark. Technical Analysis …

In a dynamic session of trading, gold prices experienced fluctuations, influenced by the strengthening of the US dollar following the Federal Reserve Committee’s announcements. Despite initial setbacks, gold surged to reach its peak at $2032 per ounce, showcasing resilience amidst market pressures. Technical Analysis Insights A comprehensive analysis of the …

In the dynamic world of forex trading, the Euro/Dollar pair maintains its upward trajectory, demonstrating quiet yet positive trading sessions. During yesterday’s session, the pair reached its pinnacle at 1.0832, showcasing a bullish stance. Technical Analysis Insights Delving into the technical analysis realm today, a closer examination of the 4-hour …

The Canadian dollar has exhibited the anticipated positive trajectory, achieving our initial target during the prior trading session, reaching a peak of 1.3529 against its counterpart. Technical Analysis Insights: Today’s technical analysis reveals the pair’s attempt to establish stability above the robust support level of 1.3500. Moreover, the Stochastic indicator …

japanese-yen

Oil, Crude, trading

US crude oil futures experienced a notable rally in the previous trading session, nearing the first upward target mentioned in the previous technical report at $78.70. However, the price faced resistance and retreated, reaching a peak of $78.50 per barrel before encountering downward pressure. Technical Analysis Overview Examining the technical …

Yesterday, gold prices maintained their upward trajectory, aligning with the anticipated positive outlook. The precious metal touched the first target at $2027 and surged to reach a peak of $2031 during the early trading session today. Technical Analysis Perspective Analyzing the 240-minute time frame chart reveals that gold successfully retained …

During the previous trading session, the Euro/Dollar pair witnessed predominantly positive trades, aligning with the anticipated bullish trajectory towards the official target of 1.0860. The pair reached its highest level at 1.0840, reflecting the strength of the upward movement. Technical Analysis Outlook From a technical standpoint today, examining the 4-hour …

The Canadian dollar displayed strength yesterday with an upward trend dominating its movements, carrying over into today’s trading session with a positive bias. The currency hovers around its morning peak, reaching 1.3510. Technical Analysis Points to Continued Positive Momentum Technical analysis indicates that the pair continues to benefit from support …