Tag Archives: analysis

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices rebounded after a brief downward correction, successfully breaking above the 82.00 psychological resistance level and reaching a high of $83.14 per barrel. Technical Outlook: The technical outlook remains bullish, with the 4-hour chart showing a bullish technical structure and the price holding above the 81.80 …

Gold prices have surged significantly, exceeding our previous target of 2400 and reaching a high of $2424 per ounce, confirming the bullish trend we anticipated in our last report. Technical Outlook: Gold prices have successfully consolidated above the psychologically significant 2400 level, with the simple moving averages (SMAs) continuing to …

The EUR/USD pair has advanced, reaching our previously identified target of 1.0880 and peaking at 1.0888, confirming the positive outlook outlined in the previous technical report. Technical Outlook: Today’s analysis reveals a strengthening bullish momentum. The pair has broken above the pivotal 1.0840 resistance level (23.60% Fibonacci retracement), which now …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

As anticipated, US crude oil futures experienced a significant decline, reaching our initial bearish target of 81.60 and currently trading around $81.15 per barrel. The technical outlook suggests the potential for further downside movement. Key Technical Signals: Psychological Support Breakdown: A break below the psychological support level of 82.00 would …