Technical Analysis

japanese-yen

Oil, Crude, trading

Yesterday, US crude oil futures saw a dominant upward trend, aligning with the anticipated trajectory and initiating an attack on the 74.55 resistance level. It’s emphasized that breaching this level is essential for the continuation of the upward movement. From a technical standpoint, oil prices are striving to maintain positive …

Gold displayed an upward trend in the previous trading session, aligning with the positive outlook anticipated in the prior technical report. It reached the first official target of $2041 and approached the second target of $2049, achieving its highest level at $2047 per ounce. From a technical perspective, examining the …

In the previous technical report, we maintained a neutral stance due to conflicting technical signals and the pair’s confinement within a sideways price range. It was highlighted that activating buying positions would depend on breaching the pivotal resistance of 1.0960. Subsequently, the pair began its ascent, reaching a peak at …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Positive momentum characterized the trading of US crude oil futures contracts in the initial sessions of this week, reaching its pinnacle at $74.60 per barrel. From a technical standpoint, the price of oil has successfully established a solid foundation above the robust support level at 71.40. The ongoing support from …