Tag Archives: dollar

japanese-yen

Positive momentum has taken control of US crude oil futures, defying the previously anticipated negative outlook. The emphasis was on stability below the resistance level of 77.80, with a clear indication that surpassing this level would thwart the bearish scenario. This prediction materialized as oil prices rose above 77.80, reaching …

The EUR/USD pair has returned to the robust support level highlighted in the previous technical report, situated at 1.0960. It has maintained stability above this level at the commencement of today’s trading. From a technical analysis standpoint, the 50-day simple moving average continues to provide a positive impetus, aligning with …

German stocks led gains in Europe on Wednesday after data indicated a decline in inflation in the country’s most populous state, reinforcing expectations that the European Central Bank will cut interest rates next year. The German DAX index rose 1 percent to touch a four-month high after data showed that …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures witnessed mixed trading as they attempted to rise, yet these efforts remain limited, and the price remains stable below the resistance level at 77.80. Examining the 4-hour chart, negative features are evident on the Stochastic indicator, gradually losing its upward momentum. This aligns with the continued …

The euro displayed positive performance against the US dollar in the recent trading session, aligning with our anticipated positive outlook. The breach of the key level at 1.0960 was pivotal, leading to the attainment of the specified targets and nearing the final target of 1.1030, with the highest recorded level …