Gold prices extended their strong upward momentum, fully aligned with the positive outlook outlined in our previous report. The metal reached the official bullish targets, climbing to a session high of $3,409 per ounce during early trading. Technical Outlook: After reaching the key psychological resistance at $3,400, gold is showing …
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The EUR/USD pair has successfully maintained its upward momentum, in line with our previous bullish outlook. The pair approached the first official target at 1.1700, registering a session high of 1.1698. Technical Outlook: The pair continues to show a clear bullish bias, supported by price stability above the 50-period Simple …
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DowJones
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In our previous report, we maintained a neutral stance due to conflicting market signals. However, a clear bearish development has since occurred, as the support level at 1.3760 was broken, potentially triggered by early-session momentum at 1.3720. The pair has since recorded its lowest level of the session at 1.3729. …
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Oil, Crude, trading
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U.S. crude oil extended its losses as anticipated in our previous report, surpassing the initial downside target of $64.35 and recording a session low of $63.66 per barrel. Technical Outlook: Following multiple sessions of decline, oil prices are attempting a modest rebound, supported by price stabilization above the psychological threshold …
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Gold continues its steady upward movement, maintaining bullish momentum in line with the positive outlook presented in the previous report. The metal has gradually approached the projected target of $3,390, recording a session high of $3,385 per ounce. Technical Outlook: After testing the $3,385 resistance level, gold experienced a brief …
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The EUR/USD pair successfully reached the bullish target at 1.1665, in line with the positive outlook presented in our previous report. The pair recorded a session high of 1.1676, confirming the continuation of its upward momentum. Technical Outlook: Price action remains steady above the 50-period Simple Moving Average (SMA), which …
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DowJones
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The USD/CAD pair is currently trading within a narrow range, consolidating between the psychological resistance at 1.3800 and the support level at 1.3760. Technical Outlook: Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is gradually losing upward momentum, reflecting weakening bullish pressure. At the same time, the …
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