Tag Archives: analysis

Oil, Crude, trading

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, …

Gold continues its record-breaking rally, reaching $3,167 per ounce during early trading this morning—hitting the official target outlined in the previous technical report. From a technical analysis perspective, the 4-hour chart reflects a strong bullish structure, reinforcing the continuation of the current upward trend. Price action remains comfortably above key …

The euro made a notable intraday rally against the US dollar in the previous trading session, reaching a peak of 1.0924. From a technical standpoint, the 4-hour chart shows a bullish signal supported by the 50-period simple moving average, which is acting as a positive catalyst. This comes as the …

Oil, Crude, trading

The Canadian dollar successfully reached the anticipated bearish targets during Monday’s trading session, hitting a low of 1.4265 after achieving the 1.4270 target. From a technical standpoint, the 4-hour chart indicates that the pair found solid support around 1.4260, prompting a minor bullish rebound. The stochastic indicator has entered the …

Oil, Crude, trading

U.S. crude oil futures have staged a strong rebound, aligning with the anticipated positive outlook from the latest technical analysis. A breakout above $67.20 acted as a catalyst, driving prices higher to a peak of $68.45 per barrel. From a technical perspective, the outlook remains cautious with a slight bearish …

Gold prices continue their record-breaking rally, surpassing the previous peak and setting a new all-time high near $3,038 per ounce, exceeding the projected target of $3,020. From a technical perspective, the 4-hour chart shows that gold remains well-supported by the simple moving averages, which continue to reinforce the upward trend. …

The euro continues to exhibit positive stability against the US dollar, aligning with the expected outlook after reaching the official target level of 1.0945 in the latest technical report, recording a high of 1.0954. From a technical perspective, the 4-hour chart indicates that the euro is encountering key resistance between …