Technical Analysis

The EUR/USD pair experienced a decline in the previous trading session, contradicting the anticipated positive outlook. In the earlier report, we relied on the stability of prices above 1.0960, noting that a return to stability below 1.0950 would temporarily halt the upward trend, leading to a retest of 1.0900 and …

Oil, Crude, trading

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Positive momentum has taken control of US crude oil futures, defying the previously anticipated negative outlook. The emphasis was on stability below the resistance level of 77.80, with a clear indication that surpassing this level would thwart the bearish scenario. This prediction materialized as oil prices rose above 77.80, reaching …

Gold prices are endeavoring to sustain the gains made throughout this week’s trading, reaching a peak yesterday at around $2052 per ounce. From a technical analysis perspective today, on the 240-minute time frame chart, the 50-day simple moving average continues to support the ongoing upward trend. This support is reinforced …

The EUR/USD pair has returned to the robust support level highlighted in the previous technical report, situated at 1.0960. It has maintained stability above this level at the commencement of today’s trading. From a technical analysis standpoint, the 50-day simple moving average continues to provide a positive impetus, aligning with …

Oil, Crude, trading

Oil, Crude, trading