Technical Analysis

Oil, Crude, trading

The recent trading sessions for US crude oil futures contracts showcased a positive trend, aligning with the anticipated bullish context and achieving the initial target set forth in the previous report at $79.25, with a peak at $79.60 per barrel. In today’s technical analysis, we maintain a positive outlook, albeit …

The support level highlighted in the previous technical report, situated at $2025, effectively bolstered the positive stability of gold prices. After successfully retesting this level, with a peak at $2024, gold prices experienced an upward rebound, currently trading near their highest point during the early session, at $2037 per ounce. …

In the previous technical report, we maintained an intraday neutral stance due to conflicting technical signals, highlighting the significance of breaching the psychological barrier support at 1.0800 as the initiation of a downward trend in the immediate term. Today’s technical analysis reveals that the EUR/USD pair has managed to stabilize …

Oil, Crude, trading

Oil, Crude, trading

During the previous session’s trading, the Canadian dollar saw a resurgence of upward momentum, leveraging the support level at 1.3480 to initiate an upward rebound, with current levels hovering around 1.3540. Today’s technical analysis suggests a positive outlook, primarily driven by the reestablishment of stability in the pair’s price above …

japanese-yen

Oil, Crude, trading

In yesterday’s technical report, we maintained a neutral stance due to conflicting technical signals, noting that consolidation of the price above $78.00 could pave the way for reaching $78.35 as the first target, with potential further gains extending to $79.20. American crude oil prices managed to peak at $78.95 per …