japanese-yen
Read More »GBP continues to rise gradually 7/3/2024
Oil, Crude, trading
Read More »Oil needs additional momentum to continue rising 7/3/2024
During the previous trading session, US crude oil futures prices experienced significant gains as they breached the 78.50 level, advancing towards the upward target of 80.30, reaching a peak of $80.65 per barrel. Technically, we maintain a bullish stance, albeit cautiously, relying on the stability of oil prices above the …
Read More »Gold continues to record new historical peaks 7/3/2024
Gold prices have continued their remarkable ascent, defying our earlier anticipation of a bearish trend. In our previous report, we emphasized the significance of trading below the historical resistance level of 2144. However, with the price surging beyond this historical peak, reaching $2161 per ounce at the opening of today’s …
Read More »Euro breaks resistance, eyes the ECB 7/3/2024
In our previous technical report, we maintained a neutral stance due to conflicting technical signals. We highlighted that the potential for an upward trend hinged on the confirmation of the EUR/USD pair surpassing the resistance level of 1.0860. Such confirmation would likely bolster the pair’s momentum towards 1.0930, with the …
Read More »Dow Jones breaks support 6/3/2024
Oil, Crude, trading
Read More »CAD gradually rising 6/3/2024
Quiet positive trading characterized the movements of the Canadian dollar yesterday, aligning with the anticipated bullish trend and nearing the first target of 1.2610, reaching a peak of 1.2605. In terms of technical analysis today, we maintain a cautiously optimistic stance, contingent upon trading stability above the established support level …
Read More »USD/JPY testing support and waiting for a confirmation signal 6/3/2024
japanese-yen
Read More »GBP repeats bullish opportunities 6/3/2024
Oil, Crude, trading
Read More »Oil reaches the desired target 6/3/2024
US crude oil futures prices experienced a significant decline, relinquishing earlier gains and confirming the bearish outlook outlined in yesterday’s analysis. The prices touched the initial target of $77.70, reaching a low of $77.55 per barrel. Upon closer examination of the 4-hour chart, it is evident that the price remains …
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