European shares advanced on Wednesday, fueled by gains in mining and technology stocks, as investors eagerly awaited the release of crucial U.S. inflation data and the outcome of the French elections later in the week. The pan-European STOXX 600 index rose 0.4% by mid-morning, with the technology sector leading the …
Read More »Dow Jones: Cautionary Negative Outlook 26/6/2024
Oil, Crude, trading
Read More »USD/JPY: Correction Expected After Reaching Resistance 26/6/2024
japanese-yen
Read More »GBP/USD: Negative Bias Persists with Downside Potential 26/6/2024
Oil, Crude, trading
Read More »WTI: Upside Potential Remains, But Breakout Needed for Further Gains 26/6/2024
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 …
Read More »EUR/USD: Sideways Movement Continues, Key Levels to Watch for Breakout 26/6/2024
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 …
Read More »Dow Jones: Bullish Momentum Drives Towards 40,000 25/6/2024
Oil, Crude, trading
Read More »USD/JPY: Temporary Correction Expected After Reaching Target 25/6/2024
japanese-yen
Read More »GBP/USD: Negative Bias Emerges Despite Previous Gains 25/6/2024
Oil, Crude, trading
Read More »WTI: Bullish Momentum Strengthens, Eyes Further Gains 25/6/2024
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 …
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