Technical Analysis

Oil, Crude, trading

Mixed trading characterizes the movements of US crude oil futures in the initial trading sessions of the week. After reaching its lowest point at $72.27, the price rebounded to retest the $72.50 level. Technically, a negative bias is evident, supported by the initiation of negative crossover signals from the simple …

Gold prices are currently experiencing a downward trend after facing resistance at the critical level of 2065, leading to negative stability. From a technical standpoint today, examining the 240-minute chart reveals emerging signs of negativity on the Stochastic indicator. Simultaneously, clear negative trends are evident on the 14-day momentum indicator. …

The EUR/USD pair initiated the week with a decline, encountering significant resistance around 1.0960 that prompted a negative trajectory. Presently, the pair is stabilizing near 1.0915. From a technical perspective today, examining the 4-hour timeframe chart reveals persistent pressure on the price from the simple moving averages from above. Additionally, …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar experienced an upward trend, aligning with the anticipated positive outlook outlined in the latest technical report. The currency touched the target at 1.3430 and recorded its highest level at 1.3443. From a technical perspective today, there are early signs of negativity emerging on the Stochastic indicator. Furthermore, …

japanese-yen

Oil, Crude, trading

US crude oil futures exhibited mixed trading in the previous session, eventually returning to an upward trend after finding support around the pivotal level of 71.20. From a technical standpoint, there is a cautious positive outlook. The price is receiving positive signals from the simple moving averages, which have provided …