Oil, Crude, trading
Read More »USD/JPY: Upward Trend Maintains Momentum, New Targets in Sight 21/6/2024
japanese-yen
Read More »GBP/USD: Bearish Trend Emerges After BoE Decision 21/6/2024
Oil, Crude, trading
Read More »WTI: Bullish Momentum Continues, Further Gains Anticipated 21/6/2024
WTI crude oil futures prices exhibited strong bullish momentum yesterday, successfully reaching our initial target of 81.50 and achieving a peak of $81.50 per barrel. Technical Outlook: The technical outlook remains bullish, with the 240-minute chart showing that simple moving averages (SMAs) are providing continuous support for the ongoing upward …
Read More »Gold: Bullish Momentum Emerges After Downward Trend 21/6/2024
Gold prices reversed their previous downward trend and rallied during yesterday’s trading session, surpassing the key resistance level of 2340 and reaching a high of $2365 per ounce. This price action indicates a potential shift in sentiment towards a bullish outlook. Technical Outlook: The technical analysis now suggests a continuation …
Read More »EUR/USD: Further Downside Expected Amid Negative Signals 21/6/2024
The EUR/USD pair continued its downward movement, as anticipated in our previous technical report, nearing our target of 1.0700 and reaching a low of 1.0715. Technical Outlook: On the 4-hour chart, the simple moving averages (SMAs) are maintaining their downward pressure, supporting the bearish price trend. The Stochastic oscillator has …
Read More »Dow Jones: Bullish Momentum Continues, but Caution Advised 20/6/2024
Oil, Crude, trading
Read More »USD/CAD: Bullish Potential Amidst Positive Signals 20/6/2024
The USD/CAD pair has successfully held above the crucial 1.3690 support level, indicating a potential shift towards a bullish bias. Technical Outlook On the 4-hour chart, the Stochastic oscillator is showing positive crossover signals, suggesting a potential increase in upward momentum. Additionally, the Relative Strength Index (RSI) is attempting to …
Read More »USD/JPY: Upward Trend Persists, but Caution Advised 20/6/2024
japanese-yen
Read More »GBP/USD: Sideways Movement with Potential for Upside Break 20/6/2024
Oil, Crude, trading
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