The key support level highlighted in the previous report at 1.1260 successfully halted the recent bearish pressure, triggering a bullish rebound in line with the expected positive scenario. The EUR/USD pair is currently trading around 1.1335. From a technical standpoint, the euro appears to have established a solid base near …
Read More »Dow Jones tries to hold onto gains 15/4/2025
Oil, Crude, trading
Read More »CAD continues to decline 15/4/2025
The Canadian dollar remains under sustained downward pressure, with the pair extending its losses over several consecutive sessions and reaching a recent low of 1.3828. From a technical standpoint, the 4-hour chart confirms the continuation of the dominant downtrend. Price action remains firmly below the key simple moving averages, which …
Read More »GBP between correction and trend 15/4/2025
Oil, Crude, trading
Read More »Oil is trying to break through the resistance 15/4/2025
U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
Read More »Gold gets rid of oversold conditions 15/4/2025
The key support level highlighted in the previous technical report at $3,190 successfully held, helping to maintain the broader upward trend. Following a rebound from this level, gold prices have resumed their climb, currently trading around $3,228 per ounce at the time of writing. On the 4-hour chart, price action …
Read More »The Euro benefits from momentum indicators 15/4/2025
The EUR/USD pair remains confined within a narrow sideways range, with a slight bearish bias, after touching a recent low of 1.1296 in the previous session. From a technical standpoint, the 4-hour chart shows the Relative Strength Index (RSI) beginning to ease out of oversold conditions, suggesting a potential shift …
Read More »Market weekly recap: Gold is the king
It was a very busy week in financial markets as US president Donald Trump continues escalation of his trade attacks on a large number of states, which ended in a 90-days pause of tariffs enforcement on all countries, excluding China which was targeted by the maximum duties with “immediate” enforcement. …
Read More »Dow Jones is waiting for a wide price range 3/4/2025
Oil, Crude, trading
Read More »CAD threatens to break support 3/4/2025
The Canadian dollar has pulled back after a streak of gains, encountering strong resistance at 1.4360. This level prompted a reversal, with the pair declining to a session low near 1.4215. From a technical standpoint, the 4-hour chart highlights notable resistance just below the 50-period simple moving average, alongside clear …
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