The Canadian dollar pulled back in the previous session after several days of gains, with the pair reaching a recent high of 1.3734 before entering a corrective phase. Technical Outlook – 4-Hour Timeframe: Intraday technical activity shows a break of an ascending trendline, which triggered some short-term bearish movement. The …
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Oil, Crude, trading
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The downward trend continues to dominate U.S. crude oil futures, with intraday price action stabilizing near the recent low of $65.22. Technical Outlook – 4-Hour Timeframe: Oil remains under consistent selling pressure. A closer look at the chart shows that the 50-period Simple Moving Average (SMA) continues to act as …
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Gold prices posted a strong rally in the previous trading session, aligning with the bullish expectations outlined in the latest technical report. The metal surpassed the target level of $3,376, reaching as high as $3,402 per ounce during early trading today. Technical Outlook – 4-Hour Timeframe: Intraday price action shows …
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The EUR/USD pair began the week with strong bullish momentum, recording a session high of 1.1716. This move reflects a continuation of the recent upward trajectory. Technical Outlook – 4-Hour Timeframe: The pair’s rise was driven by a successful breakout above a descending trendline, reinforced by positive momentum from the …
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DowJones
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The Canadian dollar continued its upward trajectory, achieving the expected positive targets outlined in the previous technical report. The pair reached the 1.3770 target and extended to a new high of 1.3774. Technical Outlook – 4-Hour Timeframe: Price action reflects ongoing bullish momentum, supported by the pair’s stability above the …
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Oil, Crude, trading
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Gold prices exhibited mixed but upward-biased movement, with the metal maintaining its position above the pivotal support area at $3,310, preserving a positive short-term outlook. Technical Outlook – 4-Hour Timeframe: Intraday price action reflects a continuation of the bullish trend, following a solid bounce from $3,310. This support level allowed …
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As highlighted in the previous technical report, the EUR/USD pair successfully reached the bearish target at 1.1575, recording a session low of 1.1557. Technical Outlook – 4-Hour Timeframe: Intraday movements indicate limited rebound attempts, following a temporary halt in selling pressure at the 1.1575 support level. The pair is currently …
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