Tag Archives: analysis

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures experienced a significant decline last week, hitting a low of $69.95 per barrel. Technical Analysis: Bearish Momentum: Oil prices are under negative pressure, with intraday trading staying below the 70.60 resistance level. The price continues to trade under the 50-day simple moving average, reinforcing the bearish …

Gold prices remain under continuous bearish pressure, registering a new session low at 2666 per ounce in morning trading. Technical Analysis: Bearish Trend Confirmation: The break below the 2674 level, corresponding to the 61.80% Fibonacci retracement, reinforces the downside momentum. Additionally, the price struggles to overcome the 2700 psychological resistance, …

The EUR/USD pair continues to experience bearish pressure, reaching a low of 1.0667 at the end of last week’s trading session. Technical Analysis: Bearish Outlook: The simple moving averages exert downward pressure on the pair, and trading remains below the significant resistance level at 1.0785. Support Levels: A decisive break …

Last week marked pivotal to financial markets because of the US presidential election results and the Federal Reserve’s interest rate decision. This confluence of events has the potential to significantly shape the trajectory of global asset prices and market trends for years to come. Given the far-reaching political and economic …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading