The downtrend continues to dominate the movements of US crude oil futures contracts, marking the third consecutive session of losses. It reached the first official target mentioned in the previous report at $75.45, hitting a low of $74.96 per barrel. Analyzing the 240-minute time frame chart, we observe a persistent …
Read More »Gold Prices Maintain Downward Trajectory 9/11/2023
In the current market scenario, gold prices continue to follow the anticipated downward trajectory, nearing the initial target set in the previous report at $1945. During the early trading hours of the current session, gold touched a low of $1947 per ounce, underscoring the persistence of the bearish trend. Analyzing …
Read More »Euro Awaits a More Definitive Signal 9/11/2023
Gold prices continued their downward trajectory as predicted in the previous report, nearing the first official target set at $1945. Early trading in the current session saw gold hitting its lowest level at $1947 per ounce. Upon examining the 4-hour time frame chart from a technical perspective, the bearish technical …
Read More »Nasdaq is trying positively 8/11/2023
Oil, Crude, trading
Read More »Dow Jones Maintains Stability Below Resistance Level 8/11/2023
Oil, Crude, trading
Read More »CAD Surges as Anticipated 8/11/2023
The Canadian dollar displayed a strong performance, aligning with our previous analysis, by reaching the second target set at 1.3780 and peaking at 1.3782. Examining the technical analysis today, we observe a positive trajectory in our trading strategy, grounded in the stability above 1.3710, reinforced by the encouraging signals from …
Read More »Caution Advised in Evaluating USD/JPY Movements 8/11/2023
japanese-yen
Read More »GBP facing negative pressure 8/11/2023
Oil, Crude, trading
Read More »Oil Prices Suffer Steep Declines 8/11/2023
US crude oil futures prices continue to suffer losses as we expected, exceeding the last official stop required to be touched during the previous technical report at a price of 78.00, recording its lowest level of $76.57 per barrel during early trading of the current session. Technically, with a closer …
Read More »Gold Achieves Anticipated Targets 8/11/2023
In the recent trading session, gold prices experienced significant losses in line with the negative technical forecast, meeting our earlier expectations. The precious metal touched the second official target at $1958, reaching its lowest point at $1956 per ounce. Today’s technical analysis continues to point towards a potential downtrend. Examining …
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