Tag Archives: dollar

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced a pullback after several days of gains, failing to hold above the 81.50 resistance level and retesting the 80.60 support level. Technical Outlook: Despite the recent decline, the technical outlook remains cautiously bullish. The price is currently attempting to rebound and retest the 81.50 …

The EUR/USD pair experienced narrow sideways movement in the previous session, as we maintained our neutral stance due to conflicting technical signals. Technical Outlook: On the 240-minute chart, the pair is currently holding above the 1.0690 level and the main support level at 1.0675. This suggests the potential formation of …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices continue their impressive rally, reaching a 7-week high of $81.86 per barrel, surpassing our previously identified target of 81.60. Technical Outlook: The technical outlook remains strongly bullish. The price has established a solid support base around 79.60 and is holding above the psychologically important 80.00 …

The EUR/USD pair experienced mixed trading with a negative bias in the previous session, breaking below the 1.0700 psychological support level and reaching a low of 1.0683. However, the pair has since rebounded and is currently stabilizing above 1.0700, notably holding above the 61.80% Fibonacci retracement level of 1.0720. Technical …