In the dynamic world of forex trading, the Euro/Dollar pair maintains its upward trajectory, demonstrating quiet yet positive trading sessions. During yesterday’s session, the pair reached its pinnacle at 1.0832, showcasing a bullish stance. Technical Analysis Insights Delving into the technical analysis realm today, a closer examination of the 4-hour …
Read More »CAD trying to gain additional momentum 21/2/2024
The Canadian dollar has exhibited the anticipated positive trajectory, achieving our initial target during the prior trading session, reaching a peak of 1.3529 against its counterpart. Technical Analysis Insights: Today’s technical analysis reveals the pair’s attempt to establish stability above the robust support level of 1.3500. Moreover, the Stochastic indicator …
Read More »USD/JPY breaks support 21/2/2024
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Read More »GBP attacks the resistance 21/2/2024
Oil, Crude, trading
Read More »Oil prices to be monitored 21/2/2024
US crude oil futures experienced a notable rally in the previous trading session, nearing the first upward target mentioned in the previous technical report at $78.70. However, the price faced resistance and retreated, reaching a peak of $78.50 per barrel before encountering downward pressure. Technical Analysis Overview Examining the technical …
Read More »Gold continues to advance, all eyes are on the Fed 21/2/2024
Yesterday, gold prices maintained their upward trajectory, aligning with the anticipated positive outlook. The precious metal touched the first target at $2027 and surged to reach a peak of $2031 during the early trading session today. Technical Analysis Perspective Analyzing the 240-minute time frame chart reveals that gold successfully retained …
Read More »Euro is trying to build an upward wave 21/2/2024
During the previous trading session, the Euro/Dollar pair witnessed predominantly positive trades, aligning with the anticipated bullish trajectory towards the official target of 1.0860. The pair reached its highest level at 1.0840, reflecting the strength of the upward movement. Technical Analysis Outlook From a technical standpoint today, examining the 4-hour …
Read More »CAD tries to break through the resistance 20/2/2024
The Canadian dollar displayed strength yesterday with an upward trend dominating its movements, carrying over into today’s trading session with a positive bias. The currency hovers around its morning peak, reaching 1.3510. Technical Analysis Points to Continued Positive Momentum Technical analysis indicates that the pair continues to benefit from support …
Read More »USD/JPY returns to the upward path 20/2/2024
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Read More »GBP stable below resistance 20/2/2024
Oil, Crude, trading
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