Tag Archives: analysis

Gold continues to exhibit a sideways trend, trading within a narrow range confined between the support level at 2635 and resistance level at 2657 for several consecutive sessions. Technical Analysis: Positive Signals: The 50-day simple moving average provides upward pressure, hinting at the possibility of a bullish breakout. Negative Signals: …

The EUR/USD pair showed a modest upward trend, benefiting from the support level of 1.0470, and reached a session high of 1.0544 during the previous trading day. Technical Analysis: The pair struggled to break the critical resistance at 1.0540, as noted in the previous analysis. On the 4-hour chart, the …

japanese-yen

Oil, Crude, trading

US crude oil futures displayed bullish attempts in the previous session, reaching a high of $70.20 per barrel. From a technical perspective, the outlook remains positive, supported by the bullish crossover of simple moving averages that align with the daily upward trajectory. Furthermore, the price stability above the key support …

Gold continues to exhibit sideways movement, with prices stabilizing above the support level at 2634 and below the pivotal resistance at 2658. From a technical perspective, the 4-hour chart reflects conflicting signals. The 50-day simple moving average exerts downward pressure, favoring a bearish trend, while the 14-day momentum indicator provides …

Narrow sideways trading dominates the movements of the euro against the US dollar, confined from below above 1.0480 and from above without resistance 1.0510. On the technical side today, and with a closer look at the 4-hour chart, we find that the simple moving averages still support the possibility of …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading