japanese-yen
Read More »GBP continues to decline 23/4/2024
Oil, Crude, trading
Read More »Oil facing negative pressure 23/4/2024
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 …
Read More »Euro maintains a bearish path below resistance 23/4/2024
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 …
Read More »European markets open higher supported by anticipation of major banks’ results
European stocks opened higher on Monday as investors awaited the earnings reports of several major banks. Notably, shares of Portuguese company GALP surged to their highest level in 16 years following positive results from gas exploration in Namibia. As of 0716 GMT, the European STOXX 600 index had risen by …
Read More »Dow Jones trying to get positive signals 22/4/2024
Oil, Crude, trading
Read More »CAD forming a bearish pattern 22/4/2024
The Canadian dollar remains under the influence of a persistent downward trend, which gained momentum following the breach of the significant support level at 1.3760. Currently, the pair is stabilizing around its lowest level near 1.3725. Examining the technical analysis on the 4-hour timeframe today, we observe a bearish technical …
Read More »USD/JPY extends gains 22/4/2024
japanese-yen
Read More »GBP continues to decline 22/4/2024
Oil, Crude, trading
Read More »Oil begins a downward correction 22/4/2024
US crude oil futures contracts experienced a notable decline following the retracement of recent gains, retreating from the pinnacle of 85.58 reached during last Friday’s trading session. As today’s trading commenced, the price hit its lowest point, settling at $81.18 per barrel at the time of compiling this technical report. …
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