Tag Archives: analysis

Gold prices have surged in recent intraday trading, breaking decisively above the key $3,270 resistance level and reaching a new high of $3,345. From a technical analysis perspective, the bullish trend remains firmly in place. The Relative Strength Index (RSI) continues to gain upward momentum, holding above the 50 midline, …

The euro advanced against the U.S. dollar in the previous trading session, reaching a session high of 1.1362. From a technical analysis perspective, the 4-hour (240-minute) chart shows that the EUR/USD pair has successfully consolidated above the previously breached resistance at 1.1255, now acting as support in accordance with the …

Oil, Crude, trading

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base The Canadian dollar met its initial upside target at 1.4000, with the pair registering a session high of 1.4004 during the previous trading session. From a technical perspective, the 1.4000 psychological resistance level has exerted …

Oil, Crude, trading

U.S. crude oil futures aligned with the expected upward movement in the previous session, as the price held above the pivotal $61.20 support level. Although the market briefly dipped to $60.11, triggering a pullback that offset earlier long positions, the broader technical structure remains constructive. On the 4-hour chart, the …

Gold prices declined sharply in the previous session, pressured by profit-taking after strong gains earlier in the year. The market reached key downside targets outlined in the previous report, with prices falling Gold prices saw mixed trading in the previous session, briefly approaching the first downside target at $3,112 before …

The EUR/USD pair traded within a narrow sideways range during the previous session, with limited attempts to generate short-term gains amid subdued momentum. From a technical perspective, the 4-hour (240-minute) chart shows the pair continuing to trade below the 50-period simple moving average, which is acting as a firm resistance …

Oil, Crude, trading

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base around the psychological level of 1.3900. From a technical standpoint, the 4-hour chart indicates that bullish momentum is gaining traction. The pair is now supported by upward-sloping simple moving averages, which are once again acting …