Daily Technical Analysis

japanese-yen

Oil, Crude, trading

US Crude Oil (WTI) Technical Analysis US crude oil futures saw temporary positive movements, reaching $71.47 per barrel during this morning’s trading. Technical Outlook: Bearish Signals: The simple moving averages (SMA) continue to pressure the price from above. The Stochastic indicator is losing upward momentum, signaling potential weakness. Key Support …

Gold (XAU/USD) Technical Analysis Gold prices began today’s trading with an upward trend after last Friday’s decline and profit-taking pushed prices down to $2878 per ounce. Technical Outlook: Bullish Signals: The price remains stable above the 50-day simple moving average (SMA). Intraday support is confirmed at 2887, with a broader …

EUR/USD Technical Analysis The EUR/USD pair successfully reached the official target of 1.0500, marking a high of 1.0506 in the previous session. Technical Outlook: Key Resistance & Support Levels: The pair faced resistance at 1.0500, leading to a bearish bias toward the 1.0450 support level. The 50-day simple moving average …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US Crude Oil Price Analysis US crude oil declined sharply after failing to hold above $73.00 per barrel for an extended period. Technical Outlook: Bearish Indicators: The 4-hour chart shows clear selling pressure at the open. Negative crossover of simple moving averages is weighing on prices. A bearish technical structure …

Gold Price Analysis Gold successfully retested the 2870 support level and closed above it, initiating an upward move in today’s session, reaching $2918 per ounce. Technical Outlook: Bullish Indicators: Simple moving averages support the continuation of the upward trend. The 14-day momentum indicator signals positive momentum. Bearish Risk: A drop …