In the previous technical report, we maintained an intraday neutral stance due to conflicting technical signals, highlighting the significance of breaching the psychological barrier support at 1.0800 as the initiation of a downward trend in the immediate term. Today’s technical analysis reveals that the EUR/USD pair has managed to stabilize …
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Oil, Crude, trading
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Oil, Crude, trading
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During the previous session’s trading, the Canadian dollar saw a resurgence of upward momentum, leveraging the support level at 1.3480 to initiate an upward rebound, with current levels hovering around 1.3540. Today’s technical analysis suggests a positive outlook, primarily driven by the reestablishment of stability in the pair’s price above …
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japanese-yen
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Oil, Crude, trading
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In yesterday’s technical report, we maintained a neutral stance due to conflicting technical signals, noting that consolidation of the price above $78.00 could pave the way for reaching $78.35 as the first target, with potential further gains extending to $79.20. American crude oil prices managed to peak at $78.95 per …
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Gold prices encountered downward pressure during the preceding trading session following their ascent to the 2040 resistance level. This led to a decline, resulting in intraday movements stabilizing around the lowest level for the current period, priced at $2030. Today’s technical analysis, upon examination of the 4-hour timeframe chart, reveals …
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The EUR/USD pair continues to experience narrow sideways trading for the third consecutive session, maintaining a range between the main support level of 1.0765 and the pivotal resistance of 1.0860. From a technical perspective today, upon analysis of the 4-hour timeframe chart, the 50-day simple moving average persists in guiding …
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Oil, Crude, trading
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