Yesterday, positive movements dominated US crude oil futures contracts, aligning with the anticipated bullish context and reaching a peak at $78.11 per barrel. From a technical perspective, the upward momentum faced resistance at the psychological barrier of $78.00, leading to a temporary downward bias. A closer examination reveals that the …
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In the previous trading session, gold exhibited a strong upward trend, meeting the initial targets outlined in the preceding technical report at $2040 and $2048, reaching its highest level at $2048 per ounce. From a technical standpoint, the $2048 level exerted negative pressure on the price, prompting a retest of …
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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, …
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Oil, Crude, trading
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Oil, Crude, trading
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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 …
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japanese-yen
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Oil, Crude, trading
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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 …
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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 …
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