Following several consecutive sessions of decline, the Canadian dollar has discovered a robust support base around 1.3180. Benefiting from this foundation, it is now making efforts to initiate a bullish rebound to the upside. From a technical analysis perspective today, a closer examination of the 4-hour time frame chart reveals …
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japanese-yen
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Oil, Crude, trading
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The most recent technical analysis report suggests that triggering selling positions hinges on breaking the 73.30 level, potentially initiating a downward trajectory for oil. In this scenario, the initial targets lie at 72.50, with the possibility of reaching its lowest point at $71.30 per barrel. From a technical standpoint, our …
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The upward trend continued to control the movements of the EUR/USD pair, as we expected, touching the official target required to be achieved during the previous technical report, located at the price of 1.1120, recording its highest level of 1.1122. On the technical side today, we are leaning towards positivity, …
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Oil, Crude, trading
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices witnessed a downward trend during the previous trading session, invalidating the expected bullish scenario in which we relied on trading bases above 73.70 at the time of writing the technical report. Technically, by looking at the 4-hour time frame chart, we find that oil prices …
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