Gold prices started today’s trading session with noticeable positivity after finding strong support near 2388, prompting an upward bounce. Currently, the price is stable around 2416. From a technical analysis standpoint, the 240-minute chart indicates that the price has stabilized above the 2410 resistance level, aligned with the 38.20% Fibonacci …
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The euro declined against the US dollar as anticipated in our previous technical report, reaching the initial target of 1.0840, with the lowest trading level during the morning session at 1.0840. From a technical perspective, the 240-minute chart shows negative crossover signals from the simple moving averages, suggesting the likelihood …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices experienced a significant decline in the previous trading session, reaching a low of $77.60 per barrel. Technical Outlook: The technical outlook has shifted to a bearish bias. The simple moving averages (SMAs) are now supporting the current downward wave, and the Relative Strength Index (RSI) …
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Gold prices have experienced a downward trend, retreating from the recent historical peak of $2483. The technical outlook suggests a continuation of this corrective movement. Technical Outlook: On the 4-hour chart, the simple moving averages (SMAs) have formed a negative crossover, indicating increased selling pressure. Moreover, the price remains below …
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The EUR/USD pair is experiencing subdued trading at the start of this week, remaining below the key psychological resistance level of 1.0900. Technical Outlook: On the 240-minute chart, the Stochastic oscillator is gradually losing upward momentum, indicating a potential shift in sentiment. Additionally, the price is consolidating below the pivotal …
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Oil, Crude, trading
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japanese-yen
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