Gold prices are attempting a modest upward correction during the early trading sessions of this week, reaching a high of $2636 per ounce in today’s initial trades. Technical Analysis:A closer examination of the 4-hour chart reveals that the Stochastic indicator has entered overbought territory, coinciding with the price’s continued movement …
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The EUR/USD pair concluded last year’s trading with predominantly negative performance, aligning with the bearish scenario outlined in the previous technical report. The pair came within a few points of the anticipated target at 1.0330, reaching a low of 1.0340. Technical Overview:In today’s session, the pair attempted a limited upward …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures regained upward momentum, starting the day positively and reaching an intraday high of $70.70 per barrel during early trading. Technical Analysis: Positive signals from the 14-day momentum indicator, coupled with support from the simple moving averages, favor continued upward movement. With intraday stability above $70.00, and …
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Gold prices maintained their downward trend, albeit with weakened momentum, reaching a low of $2611 per ounce by the end of last week’s trading session. Technical Analysis: A closer examination of the 4-hour chart reveals the Stochastic indicator losing upward momentum, while prices remain stable below the 50-day simple moving …
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The EUR/USD pair continues to trade under a dominant downtrend, consistent with the bearish outlook mentioned in the previous report. Current price movements remain stable below the key resistance level at 1.0475. Technical Analysis:The 50-day simple moving average continues to exert downward pressure, reinforced by the Stochastic indicator’s clear negative …
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Oil, Crude, trading
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japanese-yen
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