The EUR/USD pair has conformed to the anticipated negative outlook outlined in the previous technical report, reaching the officially targeted level of 1.0865 and hitting a low at 1.0862. In terms of technical analysis today, examining the 240-minute time frame chart reveals continued pressure from the simple moving averages from …
Read More »Nasdaq is witnessing a temporary decline 16/1/2024
Oil, Crude, trading
Read More »Dow Jones may witness a temporary decline 16/1/2024
Oil, Crude, trading
Read More »CAD resumes its ascent 16/1/2024
An upward trend has reasserted control over the movements of the Canadian dollar, establishing solid support around 1.3410. The current trading levels witness stability around the highest point reached early in the morning at 1.3475. Upon closer examination of the 4-hour chart from a technical perspective, the simple moving averages …
Read More »USD/JPY attacks resistance 16/1/2024
japanese-yen
Read More »GBP hits resistance 16/1/2024
Oil, Crude, trading
Read More »Oil is facing negative pressure 16/1/2024
Mixed trading characterizes the movements of US crude oil futures in the initial trading sessions of the week. After reaching its lowest point at $72.27, the price rebounded to retest the $72.50 level. Technically, a negative bias is evident, supported by the initiation of negative crossover signals from the simple …
Read More »Euro starts negative against Dollar 16/1/2024
The EUR/USD pair initiated the week with a decline, encountering significant resistance around 1.0960 that prompted a negative trajectory. Presently, the pair is stabilizing near 1.0915. From a technical perspective today, examining the 4-hour timeframe chart reveals persistent pressure on the price from the simple moving averages from above. Additionally, …
Read More »Nasdaq records notable gains 12/1/2024
Oil, Crude, trading
Read More »Dow Jones Maintains Positive Momentum 12/1/2024
Oil, Crude, trading
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