Oil, Crude, trading
Read More »Oil May Undergo Overbought Correction 12/6/2025
U.S. crude oil futures posted sharp gains in the previous session, reaching the official target of $66.85 and extending to a session high of $68.98 per barrel. From a technical standpoint, intraday price action showed signs of bearish pressure, largely attributed to profit-taking after the strong rally. This coincides with …
Read More »Gold Attempts to Regain Its Uptrend 12/6/2025
Gold prices exhibited mixed behavior during recent sessions, initially continuing the expected corrective decline and approaching the first downside target of $3,312, as highlighted in the previous technical report. The metal recorded a low of $3,315 before reversing course, driven by a sharp rebound following the release of U.S. inflation …
Read More »Euro Reaches Target Levels 12/6/2025
The EUR/USD pair maintained its upward momentum, aligning with the previously anticipated positive outlook. The pair successfully reached the official target of 1.1520, posting a session high of 1.1529. From a technical standpoint, the bullish trend remains intact, supported by price stability above the simple moving averages, which continue to …
Read More »Dow Jones May Experience a Temporary Decline 11/6/2025
Oil, Crude, trading
Read More »CAD Maintains Its Bearish Trend 11/6/2025
The technical outlook remains unchanged, with no significant shift in the pair’s behavior. The prevailing downtrend continues to dominate, reflecting persistent bearish sentiment. A closer look at the 4-hour chart shows that the simple moving averages continue to apply downward pressure on price action. This is reinforced by the Relative …
Read More »GBP Pressures the Support Level 11/6/2025
Oil, Crude, trading
Read More »Oil May Extend Its Gains 11/6/2025
U.S. crude oil futures followed the expected bullish trajectory, successfully reaching the first official target at $65.90 and coming within reach of the second target at $66.45, with a session high recorded at $66.24 per barrel. From a technical standpoint, the psychological resistance near $65.00 continues to exert downward pressure …
Read More »Gold Seeks a Stronger Direction 11/6/2025
Gold prices showed mixed performance during the previous session, largely aligning with the anticipated downward corrective trend outlined in the prior technical report. The bearish scenario was initially supported by trading remaining below the $3,325 resistance level. However, as cautioned, any attempt to break above $3,325–$3,331 would invalidate that outlook. …
Read More »Euro Seeks Positive Momentum 11/6/2025
Mixed trading with a bearish tilt characterized the EUR/USD pair’s movement in the previous session, following its failure to hold above the extended resistance zone of 1.1450/1.1440. This hesitation at key resistance reflects temporary exhaustion after the recent bullish run. From a technical standpoint, the Relative Strength Index (RSI) is …
Read More »