The EUR/USD pair exhibited relatively subdued yet positive movements, persisting in its gradual ascent while maintaining favorable stability above 1.0860. Upon a more detailed examination of the 4-hour time frame chart from a technical perspective today, it becomes apparent that the pair has effectively retested the 1.0860 support, denoted by …
Read More »CAD needs to break the support 23/11/2023
The Canadian dollar remains in a negative trading stance, aligning with the anticipated downward technical outlook and maintaining negative stability. The currency touched the officially targeted level of 1.3680, recording its lowest point at this level. Upon closer examination of the 4-hour time frame chart, it is observed that the …
Read More »USD/JPY: Chances of decline exist 23/11/2023
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Read More »GBP gets additional momentum 23/11/2023
Oil, Crude, trading
Read More »Oil suffers huge losses 23/11/2023
US crude oil futures experienced a substantial decline in the previous trading session, aligning with the anticipated downward trajectory outlined in the preceding technical report. The price surpassed the specified targets, reaching as low as $73.85 per barrel. Examining the 240-minute time frame chart reveals efforts by oil to mitigate …
Read More »Gold needs a clearer signal 23/11/2023
The technical landscape for gold remains unchanged, with the precious metal exhibiting consistent positive stability and maintaining a steadfast position above the key support level at 1977. In today’s technical analysis, the price is observed to be resiliently positioned above the crucial support floor at 1977, representing the 38.20% Fibonacci …
Read More »Euro successfully tests support 23/11/2023
The EUR/USD pair experienced a downturn, directing trades towards a reevaluation of the key support level highlighted in the previous report at 1.0860. In today’s technical analysis, a meticulous examination of the 4-hour time frame chart reveals a successful retest of the 1.0860 support, marked by the 50.0% Fibonacci retracement. …
Read More »Nasdaq settled above support 22/11/2023
Oil, Crude, trading
Read More »Dow Jones gets extra momentum 22/11/2023
Oil, Crude, trading
Read More »CAD maintains the same technical conditions 22/11/2023
The technical situation for the pair remains unchanged, with no significant shifts over the past three sessions. The pair continues to exhibit negative stability after encountering a robust resistance level around 1.3770. From a technical standpoint today, examining the 4-hour time frame chart reveals the formation of a resistance level …
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