Technical Analysis

japanese-yen

Oil, Crude, trading

Yesterday, US crude oil futures prices surged as anticipated in the previous technical report, reaching a peak at $82.46 per barrel. From a technical standpoint, our trading bias remains positive, supported by the consistent movement within the upward price channel. Additionally, the presence of the simple moving averages and the …

Gold prices experienced mixed trading during the first trading session of the week, testing the main support level around 2145 and maintaining positive stability above it. From a technical perspective, examining the 4-hour time frame chart reveals that gold remains stable above the previously breached resistance, now acting as a …

The EUR/USD pair faced strong selling pressure near the 1.0960 resistance level, leading to negative trades and a return to stability below the psychological barrier of 1.0900. From a technical perspective today, examining the 4-hour time frame chart reveals a bearish technical formation supporting the potential for further decline, along …

An upward trend dominated the movements of the Canadian dollar during the previous trading session after it was able to penetrate the resistance level of the psychological barrier 1.3500, recording its highest level at 1.3543. From the technical analysis angle today, we are leaning toward positivity, relying on stability above …

japanese-yen

Oil, Crude, trading

Over the past two consecutive sessions, our focus has been on monitoring the price behavior of oil due to conflicting technical signals and trading confined within defined trend boundaries. As previously highlighted in our technical report, an upward trend commenced upon crossing above the resistance level of 78.70, representing the …

For the second session in a row, levels of 2157 were able to limit the downward trend witnessed by gold prices, maintaining positive stability, and at the time of the report, it was trading around $2165 per ounce. From the angle of technical analysis today, by looking at the 4-hour …