Oil, Crude, trading
Read More »CAD Holds on to Its Bullish Sentiment 25/6/2025
The USD/CAD pair received a positive boost during the previous trading session, successfully recording its highest level near the 1.3740 resistance level. From a technical analysis perspective today, and by examining the 240-minute chart, we find that the simple moving averages are still supporting the price from above, providing positive …
Read More »Pound Eyes a Breakout, Major Resistance in Sight 25/6/2025
Oil, Crude, trading
Read More »Oil in Retreat, Heavy Selling Triggers Sharp Drop 25/6/2025
U.S. crude oil futures experienced a sharp drop yesterday, testing the psychological support level around $64.00 per barrel. From a technical perspective, intraday price action shows a modest recovery, with prices currently trading slightly above $65.00. A review of the 4‑hour chart indicates that the simple moving averages remain positioned …
Read More »Gold Lacks Conviction Amid Uncertain Direction 25/6/2025
Gold prices took a sharp downturn during the previous session, hitting a low of $3,295 per ounce. From a technical standpoint, the market is attempting a modest rebound following oversold conditions. However, the 60-minute chart shows the price is still contained within a downward corrective wave, bounded by a descending …
Read More »Is the Euro Ready for Another Rally? 25/6/2025
EUR/USD continued its upward trajectory in the previous session, buoyed by sustained support above the psychological 1.1500 level, and reached a high of 1.1640. According to today’s technical analysis, intraday trading remains firmly above 1.1600. On the 4‑hour chart, the simple moving averages continue to support the ascending price trend, …
Read More »Dow Jones Seeks a Stronger Direction 17/6/2025
Oil, Crude, trading
Read More »CAD Holds Steady Within the Bearish Trend 17/6/2025
The technical outlook remains unchanged for the USD/CAD pair, with price movements still dominated by a bearish trend after encountering strong resistance near the psychological level of 1.3600. From today’s technical analysis perspective, the 4-hour chart shows that the simple moving averages continue to apply downward pressure from above. Additionally, …
Read More »GBP Attempts to Hold Above Support 17/6/2025
Oil, Crude, trading
Read More »Oil Attempts to Establish a Support Base 17/6/2025
U.S. crude oil futures experienced notable fluctuations during yesterday’s trading session, primarily due to profit-taking following the sharp rally that began late last week. From a technical perspective, oil prices are attempting to establish a solid support base around the psychological level of $69.00 in order to resume the upward …
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