Technical Analysis

japanese-yen

Oil, Crude, trading

US crude oil futures prices declined after encountering resistance at the 84.00 psychological level, indicating a potential shift in momentum. Technical Outlook: The current technical outlook is bearish. The price is now trading below the 82.00 support level on the 4-hour chart. The simple moving averages (SMAs) have formed a …

Gold prices maintain their upward momentum, successfully consolidating above the key psychological level of 2400 and reaching a high of $2439 per ounce, surpassing our previous target of 2434. Technical Outlook: The technical outlook remains strongly bullish. The price is holding above the 2400 support level, and the simple moving …

The EUR/USD pair continued its upward trajectory, reaching our previously identified target of 1.0915 and peaking at 1.0922 during the first trading sessions of this week. Technical Outlook: The technical outlook remains strongly bullish. On the 4-hour chart, the pair is receiving sustained positive momentum from the simple moving averages …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices rebounded after a brief downward correction, successfully breaking above the 82.00 psychological resistance level and reaching a high of $83.14 per barrel. Technical Outlook: The technical outlook remains bullish, with the 4-hour chart showing a bullish technical structure and the price holding above the 81.80 …

Gold prices have surged significantly, exceeding our previous target of 2400 and reaching a high of $2424 per ounce, confirming the bullish trend we anticipated in our last report. Technical Outlook: Gold prices have successfully consolidated above the psychologically significant 2400 level, with the simple moving averages (SMAs) continuing to …