Positive momentum has taken control of US crude oil futures, defying the previously anticipated negative outlook. The emphasis was on stability below the resistance level of 77.80, with a clear indication that surpassing this level would thwart the bearish scenario. This prediction materialized as oil prices rose above 77.80, reaching …
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Gold prices are endeavoring to sustain the gains made throughout this week’s trading, reaching a peak yesterday at around $2052 per ounce. From a technical analysis perspective today, on the 240-minute time frame chart, the 50-day simple moving average continues to support the ongoing upward trend. This support is reinforced …
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The EUR/USD pair has returned to the robust support level highlighted in the previous technical report, situated at 1.0960. It has maintained stability above this level at the commencement of today’s trading. From a technical analysis standpoint, the 50-day simple moving average continues to provide a positive impetus, aligning with …
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Oil, Crude, trading
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures witnessed mixed trading as they attempted to rise, yet these efforts remain limited, and the price remains stable below the resistance level at 77.80. Examining the 4-hour chart, negative features are evident on the Stochastic indicator, gradually losing its upward momentum. This aligns with the continued …
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Gold prices surged significantly, achieving all the predetermined targets and reaching the official target of 2029, marking a peak at $2052 per ounce. Examining the technical aspects on the 4-hour chart, the 50-day simple moving average lends support to the ongoing upward momentum, complemented by evident positive signals on the …
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The euro displayed positive performance against the US dollar in the recent trading session, aligning with our anticipated positive outlook. The breach of the key level at 1.0960 was pivotal, leading to the attainment of the specified targets and nearing the final target of 1.1030, with the highest recorded level …
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