Positive momentum continues to influence the EUR/USD pair, with price action attempting to challenge the key psychological resistance at 1.1400, after reaching a session high near 1.1440 in the previous trading day. From a technical standpoint, today’s outlook remains tilted to the upside. The pair is benefiting from stable trading …
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Oil, Crude, trading
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The downtrend continues to dominate the Canadian dollar’s movements, with the pair recording a session low of 1.3674 in the previous trading session—a level that acted as solid support, temporarily halting further losses. From a technical perspective, the 4-hour chart shows the pair attempting to recover from oversold conditions. However, …
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Oil, Crude, trading
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US crude oil futures surged, gaining over 3.00% and reaching a high of $63.84 per barrel. Technically, after reaching this level, price action became more volatile, but the broader daily trend remains bullish. The 4-hour chart shows that the simple moving averages continue to provide dynamic support, particularly around $61.80. …
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Gold prices saw large, broad movements during the previous trading session, fueled by strong upward momentum that pushed the price to a high of $3,392 per ounce. From a technical perspective, the 4-hour chart shows that the simple moving averages continue to support the daily uptrend. However, negative signals are …
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Positive trading dominated the EUR/USD pair’s movements during the first trading session of the week, benefiting from weakness in the U.S. dollar. The pair reached a session high of 1.1455. From a technical perspective, the bias remains tilted toward positivity, supported by the pair’s stability above the simple moving averages, …
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Oil, Crude, trading
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Positive trading has returned to the Canadian dollar after it found solid demand near the psychological barrier of 1.3800, sparking a modest upward bounce. From a technical perspective, the 4-hour chart shows the pair attempting to shake off the negative pressure stemming from overbought conditions, while the simple moving averages …
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Oil, Crude, trading
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