US crude oil futures posted notable gains during the previous session, aligning with the positive outlook outlined in the prior report. The price reached the official target of 73.00, recording a high of $73.69 per barrel. Technical Outlook:The technical indicators continue to favor a bullish bias. The simple moving averages …
Read More »Euro touches official target 3/1/2025
As anticipated in the previous report, the EUR/USD pair extended its strong downtrend, achieving the target of 1.0250 and marking a low of 1.0220. Technical Outlook:A closer look at the 4-hour chart highlights continued bearish pressure from the 50-day simple moving average. However, the Stochastic indicator is beginning to show …
Read More »European Stocks Struggle Amid Valuation Concerns and U.S. Policy Uncertainty
European stocks fluctuated on the first trading session of 2025, as investor sentiment remained cautious following a late-year selloff driven by concerns over high valuations and potential policy shifts under incoming U.S. President Donald Trump. The pan-European STOXX 600 index dipped 0.2% by 0946 GMT, erasing earlier gains as trading …
Read More »Dow Jones: Downside pressure persists 2/1/2025
Oil, Crude, trading
Read More »USD/JPY may start downward correction 2/1/2025
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Read More »GBP Negative pressure persists 2/1/2025
Oil, Crude, trading
Read More »Oil may extend gains 2/1/2025
US crude oil futures maintained an upward trajectory in line with the positive outlook outlined in the previous report, successfully reaching the anticipated target of $72.20 and recording a peak of $72.25 per barrel. Technical Outlook:The bullish bias remains dominant, supported by positive momentum from the simple moving averages and …
Read More »Euro tries with limited positivity 2/1/2025
The EUR/USD pair concluded last year’s trading with predominantly negative performance, aligning with the bearish scenario outlined in the previous technical report. The pair came within a few points of the anticipated target at 1.0330, reaching a low of 1.0340. Technical Overview:In today’s session, the pair attempted a limited upward …
Read More »European Stocks Flat in Final Trading Session of 2024 Amid Policy and Political Uncertainty
European stock markets traded in a subdued manner on Tuesday, wrapping up a year of mixed performances. Uncertainty regarding monetary policy and political shifts curtailed earlier gains, with several indices hitting record highs earlier in the year. Pan-European STOXX 600: Flat as of 08:21 GMT, with the benchmark on track …
Read More »European Stock Markets Mixed as 2024 Nears Close
European stocks exhibited a mixed performance on Monday, reflecting the cautious sentiment on the final full trading day of the year. DAX (Germany): +0.1% CAC 40 (France): +0.1% FTSE 100 (UK): -0.2% Muted Trading ActivityWith many markets preparing for early closures on Tuesday for the New Year holiday, trading volumes …
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