The euro continues to extend its losses against the U.S. dollar, aligning with the bearish outlook presented in previous reports. The pair reached the anticipated technical target at 1.1445 and registered a new low at 1.1405. Technical Outlook: Currently, the pair is undergoing a limited recovery attempt, aiming to retrace …
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DowJones
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The USD/CAD pair confirmed the bullish outlook outlined in our previous report, reaching the initial target at 1.3780 and registering a session high of 1.3788. Technical Outlook: Intraday price action continues to reflect a strong bullish trend, supported by sustained stability above the key Simple Moving Averages (SMAs), which serve …
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Oil, Crude, trading
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WTI crude oil prices recorded a notable surge during the previous session, validating our previously neutral stance that highlighted a potential breakout above the minor downtrend line. The expected targets at $67.40 and $68.20 were both reached, with crude ultimately hitting a high of $69.72 per barrel. Technical Outlook: US …
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Gold prices are currently trading within a rangebound pattern, stabilizing above the strong support level at $3,310 while facing key resistance near $3,334. Technical Outlook: Price action shows limited bullish momentum following a rebound from the important psychological level at $3,300. However, the upside remains capped by the 50-period Simple …
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The EUR/USD pair continues its gradual decline, aligning with the outlook presented in our previous technical report, and moving closer to the key target at 1.1510. Technical Outlook: The pair is currently trending lower after breaking below the 1.1580 support level. A closer look at the chart reveals mild bullish …
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DowJones
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A short-term bullish trend has re-emerged in the USD/CAD pair, supported by stability above the key psychological support level of 1.3700. Technical Outlook: Intraday price action reflects a bullish bias, reinforced by the pair’s position above key Simple Moving Averages (SMAs), which continue to provide dynamic support. Additionally, the Relative …
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Oil, Crude, trading
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