Technical Analysis

The EUR/USD pair experienced negative trading in the previous session, diverging from the expected upward trend outlined in the last technical report, where we relied on the pair maintaining stability above the psychological support level of 1.1100. As previously indicated, breaking through 1.1100, and more importantly 1.1095, would halt the …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures experienced significant losses, as anticipated in the previous report, reaching a low of $67.45 per barrel within the bearish trend. Technically, we maintain a cautious negative outlook, relying on the ongoing downward pressure from the simple moving averages, along with the stability of momentary trading below …

Gold prices declined during the previous trading session after failing to maintain stability above the 2645 support level, moving toward the first official target of $2624 per ounce. Today’s technical analysis indicates a likelihood of continuing the corrective decline. A closer look at the 4-hour chart reveals that the simple …

Negative trading dominated the movements of the euro against the US dollar during the first trading session of the current week, with the pair encountering a strong resistance level around the psychological barrier of 1.1200, which resulted in a bearish bias. On the technical side today, and with a closer …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading