Tag Archives: analysis

Gold prices achieved the first upside target at $3,311 at the start of the European trading session, reaching a high of $3,325, though gains remained modest. As highlighted in the previous report, price consolidation at $3,270 was expected to halt the bullish momentum and apply negative pressure, potentially triggering a …

The euro weakened against the U.S. dollar in the previous session after encountering strong resistance at 1.1350, aligning with the target highlighted in the previous report. The pair recorded a session high of 1.1345 before retreating sharply. As expected, an hourly candle close below 1.1270 has postponed the upside potential, …

Oil, Crude, trading

The Canadian dollar has resumed its intraday rise, attempting to recover losses from previous sessions after touching the 1.3722 level. From a technical analysis perspective today, and by closely examining the 4-hour chart, we find the pair hovering near the key resistance level of 13850. This resistance meets the 50-day …

Oil, Crude, trading

U.S. crude oil futures are trading with a negative bias, despite brief intraday attempts to stabilize. The price is currently hovering near $61.20 per barrel, reflecting continued selling pressure. From a technical perspective, oil prices remain below the 50-day simple moving average, which acts as a key dynamic resistance at …

Gold prices are currently trading within a narrow range, consolidating between $3,300 support and $3,350 resistance. This consolidation reflects a pause in momentum following recent gains, as the market awaits key catalysts. From a technical perspective, the underlying bullish trend remains intact. The Relative Strength Index (RSI) is showing signs …

The EUR/USD pair experienced a pullback after successfully reaching the official target at 1.1410, recording a high of 1.1407 in the previous session. This rejection from the psychological resistance level has led to renewed selling pressure. On the 4-hour chart, we see that 1.1400 remains a key resistance, as the …

Oil, Crude, trading

As anticipated, the downtrend continues to dominate USD/CAD, following the pair’s failure to maintain stability above the psychological resistance at 1.3900. This rejection has led to renewed selling pressure and a shift to negative intraday momentum. From a technical perspective, the 4-hour chart reveals that 1.3900 remains a key resistance …