The US dollar is still seen favourably at the start of the new trading year. Asian markets should closely monitor the Chinese schedule going forward, since Caixin Services and Composite PMIs are due on that calendar. While there is nothing planned in Oz for Thursday, the final Manufacturing PMI watched …
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Oil, Crude, trading
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Oil, Crude, trading
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The Canadian dollar exhibited an upward trend, in line with expectations mentioned in the previous technical report, reaching the official target station at the price of 1.3320 and recording its highest level at 1.3340. From a technical analysis perspective today, upon closer examination of the 4-hour time frame chart, it …
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japanese-yen
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Oil, Crude, trading
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Oil prices did not align with the positive outlook as anticipated, which was based on the assumption of trading stability above the psychological barrier support level of 71.00 at the time of the report’s issuance. The report highlighted that a return to trading stability below 71.00 would cease attempts to …
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The EUR/USD pair experienced a significant decline in the previous trading session, aligning with the bearish expectations outlined in the earlier technical report. It touched the second target at 1.0960, marking a low of 1.0938. From a technical standpoint today, a closer examination of the 240-minute time frame chart reveals …
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Oil, Crude, trading
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Oil, Crude, trading
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