Daily Technical Analysis

Oil, Crude, trading

Negative dynamics prevailed in the prices of US crude oil futures contracts during the previous session, aligning with the anticipated bearish outlook outlined in the prior technical report. The market reached the initial target of $74.10 and neared, within a few points, the official station of $72.35, marking its lowest …

Gold exhibited erratic movements during the previous trading session, fluctuating between upward and downward directions. It reached a peak around $2,148 per ounce, only to experience a significant decline, concluding the session near $2,029. From a technical standpoint today, observing the 4-hour chart reveals that the price has stabilized below …

Negative trends dominated the initial trading sessions of the week for the Euro/Dollar pair, exerting downward pressure on the 1.0860 support level and reaching a low of around 1.0840 in the early stages of the current session. From a technical analysis perspective today, a closer look at the 240-minute time …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

An upward trend dominated the price movements of US crude oil futures contracts, as anticipated, reaching the official target at $79.40 and marking its highest level at $79.65 per barrel. However, technical analysis indicates that oil prices encountered strong resistance around $79.60, prompting a rapid reversal in the trend. Currently, …

The support level mentioned in the previous technical report, situated at $2036, effectively restrained the downward movement in gold prices during the last trading session. In terms of technical analysis today, examining the 240-minute time frame chart reveals that the price is currently holding above $2031, with the Stochastic indicator …