Oil, Crude, trading
Read More »USD/JPY: Bearish Momentum Builds After Failure to Breach Resistance 18/7/2024
japanese-yen
Read More »GBP/USD: Strong Bullish Momentum, Upside Potential Ahead 18/7/2024
Oil, Crude, trading
Read More »WTI: Bullish Momentum Resumes, Eyes on Further Upside 18/7/2024
WTI crude oil futures prices rebounded yesterday, finding support at the 80.50 level and closing above the 81.80 resistance level, indicating a potential resumption of the bullish trend. Technical Outlook: Today’s technical analysis suggests a positive outlook for WTI crude oil. The price is holding above 81.80, with the 14-day …
Read More »EUR/USD: Strong Bullish Momentum, Upside Potential Ahead 18/7/2024
The EUR/USD pair has continued its upward trajectory, reaching our previously identified target of 1.0950 and peaking at 1.0948, confirming the positive outlook outlined in the previous technical report. Technical Outlook: The technical outlook remains strongly bullish. On the 4-hour chart, the pair is trading within an ascending price channel, …
Read More »European Stocks Dip on ASML’s Dim Outlook and US Trade Restriction Concerns
European shares opened lower for the third consecutive day on Wednesday, primarily dragged down by Dutch semiconductor firm ASML’s disappointing forecast and apprehensions over potential stricter trade rules from the United States. Key Points: STOXX 600 Declines: The pan-European STOXX 600 index experienced a 0.3% drop, with the technology sub-index …
Read More »Dow Jones: Potential for Brief Correction Amidst Bullish Trend 16/7/2024
Oil, Crude, trading
Read More »USD/JPY: Mixed Signals, Upside Potential with Caution 16/7/2024
japanese-yen
Read More »GBP/USD: Bullish Momentum Persists, but Caution Advised 16/7/2024
Oil, Crude, trading
Read More »WTI: Downside Potential Amidst Negative Signals 16/7/2024
US crude oil futures prices declined after encountering resistance at the 84.00 psychological level, indicating a potential shift in momentum. Technical Outlook: The current technical outlook is bearish. The price is now trading below the 82.00 support level on the 4-hour chart. The simple moving averages (SMAs) have formed a …
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