Positive trading prevailed in the Euro/Dollar pair at the close of last week’s trading, aligning with the anticipated upward trajectory outlined in the previous technical report. The pair approached the initial official target of 1.0960, reaching a peak of 1.0950. From a technical perspective today, a positive inclination is observed, …
Read More »Nasdaq is trying to consolidate 24/11/2023
Oil, Crude, trading
Read More »Dow Jones makes big gains 24/11/2023
Oil, Crude, trading
Read More »CAD waiting for a signal to move 24/11/2023
The Canadian dollar remains within a narrow-range side trading pattern, restricted from the bottom by the support level of 1.3680 and from the top by the resistance level of 1.3730. Analyzing the technical aspects on the 4-hour time frame chart, the 50-day simple moving average serves as an obstacle for …
Read More »USD/JPY is stable below resistance 24/11/2023
japanese-yen
Read More »GBP achieves the goal and positivity persists 24/11/2023
Oil, Crude, trading
Read More »Oil records limited gains 24/11/2023
Mixed trading characterized the movements of US crude oil futures contracts in the previous session, attempting to recover from losses and reaching its peak at $76.77 per barrel. From a technical perspective, a closer examination of the 4-hour timeframe chart reveals that despite the efforts to rise, they appear to …
Read More »Gold is on the sidelines 24/11/2023
Gold prices experienced narrow-range side trading during the American market holiday yesterday, with prices constrained from the bottom above 1977 and from the top below the psychological barrier of $2000. In terms of technical analysis today, the price demonstrates general stability above the main support level for the current trading …
Read More »Euro is trying to gradually rise 24/11/2023
The EUR/USD pair exhibited relatively subdued yet positive movements, persisting in its gradual ascent while maintaining favorable stability above 1.0860. Upon a more detailed examination of the 4-hour time frame chart from a technical perspective today, it becomes apparent that the pair has effectively retested the 1.0860 support, denoted by …
Read More »CAD needs to break the support 23/11/2023
The Canadian dollar remains in a negative trading stance, aligning with the anticipated downward technical outlook and maintaining negative stability. The currency touched the officially targeted level of 1.3680, recording its lowest point at this level. Upon closer examination of the 4-hour time frame chart, it is observed that the …
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