The rise in gold prices that began during the previous trading session stopped when the price collided with the 2335 resistance level, forcing it to trade within the negative range. From the angle of technical analysis today, by looking at the 240-minute time frame chart, we find the price stable …
Read More »Euro stable below resistance 25/4/2024
In the latest update, the EUR/USD pair encountered resistance at the previously mentioned level of 1.0715, hindering its upward momentum. Currently, the pair is hovering around the psychological barrier of 1.0700. Analyzing the technical indicators, the upward trend remains constrained, with the Stochastic indicator signaling negativity. Furthermore, the pair continues …
Read More »Dow Jones seeks more gains 24/4/2024
Oil, Crude, trading
Read More »CAD hits the desired goal 24/4/2024
The Canadian Dollar pair followed the anticipated downward trend outlined in the previous report, reaching the initial target at 1.3660 and reaching a low of 1.3654. In terms of technical analysis on the 4-hour timeframe, the bearish technical pattern persists, supporting the overall negative sentiment. Additionally, the continued presence of …
Read More »USD/JPY keeps gradually rising 24/4/2024
japanese-yen
Read More »GBP needs more momentum 24/4/2024
Oil, Crude, trading
Read More »Oil hovering around critical resistance 24/4/2024
US crude oil futures prices followed the anticipated downward trajectory outlined in yesterday’s technical report. We emphasized the significance of trading stability below 82.70, noting that any trading above 82.85 could postpone the likelihood of a decline. Temporary recovery attempts were observed, aiming to retest 83.40, with the highest level …
Read More »Gold stable below resistance 24/4/2024
Gold prices experienced a notable rebound, finding support amidst a decline in the US dollar following the release of negative economic data. The precious metal reached its peak at $2,334 per ounce. In terms of technical analysis today, upon examining the 4-hour timeframe chart, it’s evident that the simple moving …
Read More »Euro testing pivotal resistance 24/4/2024
During the previous trading session, the EUR/USD pair made upward attempts, testing the notable resistance level highlighted in the preceding technical report at 1.0715. From a technical analysis perspective, the upward momentum remains somewhat limited. Upon closer examination of the 4-hour time frame chart, it’s observed that the Stochastic indicator …
Read More »Dow Jones repeats bullish opportunities 23/4/2024
Oil, Crude, trading
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