Last week marked pivotal to financial markets because of the US presidential election results and the Federal Reserve’s interest rate decision. This confluence of events has the potential to significantly shape the trajectory of global asset prices and market trends for years to come. Given the far-reaching political and economic …
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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 saw a positive rebound, recovering from a low of $67.31 per barrel in the previous session. Technical Analysis: Breaching the resistance level of $68.60 has provided support for further gains. The 240-minute chart also shows the Relative Strength Index gaining positive signals, reinforcing the upward outlook. …
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Gold prices have continued their historic climb, reaching $2790 per ounce after surpassing the previous peak of $2758. Technical Analysis: The 4-hour chart shows that simple moving averages continue to support the upward momentum, while the momentum indicator remains strong above the 50 midline, indicating a sustained bullish outlook. For …
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The EUR/USD pair has reaffirmed its 1.0865 resistance level but failed to break through it in the last session. Technical Analysis: A closer look at the 4-hour chart shows that the 50-day simple moving average supports a potential decline, with the stochastic indicator gradually losing upward momentum. While technical indicators …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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