Gold prices are actively seeking to sustain an upward trajectory, having successfully retested the robust 2016 support level during the previous trading session. Intraday movements indicate a stabilizing trend above this critical support level. From a technical analysis standpoint today, we maintain a positive outlook on our trading stance. This …
Read More »Euro in a sideways price range 19/12/2023
The EUR/USD pair has experienced constrained movements in recent consecutive sessions, maintaining a stable sideways range with the lower boundary holding above the 1.0860 support and the upper boundary staying below the 1.0960 resistance. Upon closer examination of the 240-minute time frame chart from a technical perspective today, conflicting signals …
Read More »Nasdaq is trying to maintain positive stability 15/12/2023
Oil, Crude, trading
Read More »Dow Jones continues to make gains 15/12/2023
Oil, Crude, trading
Read More »USD/JPY needs to break support 15/12/2023
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Read More »GBP outperforms USD 15/12/2023
Oil, Crude, trading
Read More »Oil repeats bullish opportunities 15/12/2023
Mixed and predominantly negative trades characterized the movements of US crude oil futures, reaching a low of $67.74 per barrel, with current intraday stability around $69.50. From a technical perspective, the simple moving averages continue to exert downward pressure on the price from above. A closer look at the 4-hour …
Read More »Gold trying to maintain positive stability 15/12/2023
Gold prices experienced a positive trading session as they sought to consolidate around the crucial support floor established in 2024, reaching a pinnacle at $2047 per ounce. In today’s technical analysis, a detailed examination of the 4-hour time frame chart reveals that the price remains steadfastly above the 2024 level, …
Read More »Euro touches the desired target 15/12/2023
The euro displayed a favorable trading session against the US dollar, aligning with the anticipated upward trajectory and reaching the specified target of 1.1000, marking its peak at 1.1009 according to the latest technical report. Upon a meticulous examination of the 4-hour time frame chart in today’s technical analysis, it …
Read More »Nasdaq celebrates the US stock market 14/12/2023
Oil, Crude, trading
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