Tag Archives: analysis

japanese-yen

Oil, Crude, trading

The crucial resistance level highlighted in the preceding technical report at $77.00 proved to be a formidable barrier, intensifying negative sentiments on US crude oil futures. The market maintained negative stability, reaching its nadir at $75.25 per barrel. A detailed examination of the 240-minute timeframe chart reveals a sustained negative …

Gold prices have successfully established a robust support level at 1945, as highlighted in our previous report. The price’s ability to consolidate above this level could potentially lead to a retest of 1966. Examining the technical aspects today, on the 4-hour timeframe chart, the price remains below the formidable resistance …

“We maintained a neutral stance in our intraday analysis due to conflicting technical signals and the trading range bound by 1.0640 as the lower limit and 1.0760 as the upper limit. In today’s technical outlook, we are leaning towards a bearish bias, noting the initial formation of a bearish pattern …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook for the pair remains unaltered, with no significant shifts in its movements. The currency pair has managed to sustain positive stability, finding a foothold on the support level of 1.3710. In today’s technical analysis, we are inclined towards a positive trading stance, drawing confidence from the pair’s …

japanese-yen

Oil, Crude, trading