Daily Technical Analysis

Positive developments were observed in the Euro/Dollar pair’s movements in the previous trading session as it endeavored to offset earlier losses. Leveraging the support at 1.0840, the pair made a resurgence, testing the resistance at 1.0930 once again. In the context of today’s technical analysis, a closer examination of the …

Positive trades were evident in the movements of the Canadian dollar, although positivity remained constrained as the pair stabilized below the formidable resistance level at 1.3500. From a technical analysis standpoint today, intraday trading shows stability below the psychological barrier resistance of 1.3500. The 14-day momentum indicator has started to …

japanese-yen

Oil, Crude, trading

Mixed trading characterized the movements of US crude oil futures in the previous session, maintaining a positive stance despite a slightly bearish tone. From a technical standpoint, oil prices stabilized above the support level mentioned in the previous report at 73.80, and, in general, they remained above the psychological barrier …

The technical outlook for gold has experienced little change, with the precious metal trading within a narrow range for the third consecutive session, bound by support near 2016 and resistance around 2034. In a detailed analysis based on the 240-minute time frame chart, the price has found stability above the …

The EUR/USD pair experienced a significant decline in the previous trading session. In the last technical report, a neutral stance was maintained due to conflicting technical signals. It was emphasized that a drop below 1.0860 would exert negative pressure on the euro, targeting 1.0800, and indeed, it reached its lowest …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar experienced an upward movement in the previous trading session, following an upward trend and reaching its highest level at 1.3486. In terms of technical analysis, intraday trading is currently stable below the psychological barrier resistance of 1.3500. Additionally, the 14-day momentum indicator is showing negative signals, suggesting …