Tag Archives: dollar

Oil, Crude, trading

US crude oil futures prices followed the anticipated downward trajectory outlined in yesterday’s technical report. We emphasized the significance of trading stability below 82.70, noting that any trading above 82.85 could postpone the likelihood of a decline. Temporary recovery attempts were observed, aiming to retest 83.40, with the highest level …

During the previous trading session, the EUR/USD pair made upward attempts, testing the notable resistance level highlighted in the preceding technical report at 1.0715. From a technical analysis perspective, the upward momentum remains somewhat limited. Upon closer examination of the 4-hour time frame chart, it’s observed that the Stochastic indicator …

European stocks surged on Tuesday, reaching their highest levels in over a week, driven by strong corporate earnings that instilled confidence among traders. The technology sector spearheaded the gains, with the Financial Times index in Britain hitting its all-time high. As of 0712 GMT, the European STOXX 600 index climbed …

Oil, Crude, trading

Yesterday, the Canadian dollar experienced a predominant downward trend, consistent with the negative outlook anticipated in the previous technical report. The price reached the first target at 1.3695, hitting a low of 1.3687. From a technical analysis perspective today, focusing on the 240-minute timeframe, a bearish technical pattern emerges, reinforcing …

japanese-yen

Oil, Crude, trading

During the previous trading session, US crude oil futures contracts experienced negative pressure, aligning with the bearish context anticipated in the preceding technical report. The prices touched the first target at $80.40, reaching a low of $80.47 per barrel. From a technical standpoint, the price remains stable below the 50-day …

The EUR/USD pair exhibited minimal change during the initial trading sessions of the week, trading within a sideways range. The pair’s price continues to maintain negative stability below the 1.0715 resistance level. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the simple moving …