Technical Analysis

Oil, Crude, trading

Yesterday, the Canadian dollar experienced a predominant downward trend, consistent with the negative outlook anticipated in the previous technical report. The price reached the first target at 1.3695, hitting a low of 1.3687. From a technical analysis perspective today, focusing on the 240-minute timeframe, a bearish technical pattern emerges, reinforcing …

japanese-yen

Oil, Crude, trading

During the previous trading session, US crude oil futures contracts experienced negative pressure, aligning with the bearish context anticipated in the preceding technical report. The prices touched the first target at $80.40, reaching a low of $80.47 per barrel. From a technical standpoint, the price remains stable below the 50-day …

Gold prices experienced significant losses in the previous trading session, aligning with the corrective decline anticipated in the preceding technical report. The prices reached the specified targets at 2325, hitting a low of $2295 per ounce. From a technical analysis perspective today, a detailed examination of the 4-hour timeframe chart …

The EUR/USD pair exhibited minimal change during the initial trading sessions of the week, trading within a sideways range. The pair’s price continues to maintain negative stability below the 1.0715 resistance level. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the simple moving …

Oil, Crude, trading

The Canadian dollar remains under the influence of a persistent downward trend, which gained momentum following the breach of the significant support level at 1.3760. Currently, the pair is stabilizing around its lowest level near 1.3725. Examining the technical analysis on the 4-hour timeframe today, we observe a bearish technical …

japanese-yen