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 …
Read More »EUR/USD: Strong Bullish Momentum, Upside Potential Ahead 16/7/2024
The EUR/USD pair continued its upward trajectory, reaching our previously identified target of 1.0915 and peaking at 1.0922 during the first trading sessions of this week. Technical Outlook: The technical outlook remains strongly bullish. On the 4-hour chart, the pair is receiving sustained positive momentum from the simple moving averages …
Read More »Dow Jones: Bullish Momentum Drives Index Higher 12/7/2024
Oil, Crude, trading
Read More »USD/JPY: Potential for Rebound After Sharp Losses 12/7/2024
japanese-yen
Read More »GBP/USD: Strong Bullish Momentum, Further Upside Potential 12/7/2024
Oil, Crude, trading
Read More »WTI: Bullish Momentum Resumes, Eyes on Further Upside 12/7/2024
US crude oil futures prices rebounded after a brief downward correction, successfully breaking above the 82.00 psychological resistance level and reaching a high of $83.14 per barrel. Technical Outlook: The technical outlook remains bullish, with the 4-hour chart showing a bullish technical structure and the price holding above the 81.80 …
Read More »EUR/USD: Bullish Momentum Gains Strength, Further Upside Potential 12/7/2024
The EUR/USD pair has advanced, reaching our previously identified target of 1.0880 and peaking at 1.0888, confirming the positive outlook outlined in the previous technical report. Technical Outlook: Today’s analysis reveals a strengthening bullish momentum. The pair has broken above the pivotal 1.0840 resistance level (23.60% Fibonacci retracement), which now …
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