The Euro continues to decline against the US Dollar, following the expected downward trajectory as noted in the previous analysis, confirming the break of the 1.0880 level. Technical Outlook: Today’s analysis maintains a bearish outlook for the EUR/USD pair, with negative pressure driven by simple moving averages that support continued …
Read More »Dow Jones hits resistance 16/10/2024
Oil, Crude, trading
Read More »USD/JPY Seeks Additional Momentum 16/10/2024
japanese-yen
Read More »GBP falls against USD 16/10/2024
Oil, Crude, trading
Read More »Oil: Negative pressure persists 16/10/2024
US crude oil futures experienced a significant decline, hitting the target of $69.65 as mentioned in the previous report, with a recorded low of $69.73 per barrel. The bearish double top pattern on the 4-hour chart continues to exert negative pressure, indicating the potential for the downtrend to persist. As …
Read More »Gold achieves goals 16/10/2024
Gold prices surged, reaching the target set in the previous technical report at $2677 per ounce during morning trading. The simple moving averages continue to support the potential for further upward movement, with the 14-day momentum indicator signaling a continuation of the trend as long as prices remain above the …
Read More »Euro continues to achieve bearish targets 16/10/2024
The EUR/USD pair continued its decline, as anticipated in the previous technical report, hitting the target of 1.0880 and recording a low of 1.0878 during the morning session. Today’s analysis suggests the downward trend may persist, with negative pressure continuing from the simple moving averages, supporting the decline. The bearish …
Read More »Dow Jones hits record highs 15/10/2024
Oil, Crude, trading
Read More »USD/JPY may repeat bullish opportunities 15/10/2024
japanese-yen
Read More »GBP: Negative pressure remains 15/10/2024
Oil, Crude, trading
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