In the previous technical report, we maintained an intraday neutral stance due to conflicting technical signals, highlighting the significance of breaching the psychological barrier support at 1.0800 as the initiation of a downward trend in the immediate term. Today’s technical analysis reveals that the EUR/USD pair has managed to stabilize …
Read More »Nasdaq touches the first target 28/2/2024
Oil, Crude, trading
Read More »Dow Jones facing negative pressure 28/2/2024
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Read More »CAD gets a positive signal 28/2/2024
During the previous session’s trading, the Canadian dollar saw a resurgence of upward momentum, leveraging the support level at 1.3480 to initiate an upward rebound, with current levels hovering around 1.3540. Today’s technical analysis suggests a positive outlook, primarily driven by the reestablishment of stability in the pair’s price above …
Read More »USD/JPY successfully tests support 28/2/2024
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Read More »GBP fails to break through the resistance 28/2/2024
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Read More »Oil breaks resistance 28/2/2024
In yesterday’s technical report, we maintained a neutral stance due to conflicting technical signals, noting that consolidation of the price above $78.00 could pave the way for reaching $78.35 as the first target, with potential further gains extending to $79.20. American crude oil prices managed to peak at $78.95 per …
Read More »Euro waiting for a signal 28/2/2024
The EUR/USD pair continues to experience narrow sideways trading for the third consecutive session, maintaining a range between the main support level of 1.0765 and the pivotal resistance of 1.0860. From a technical perspective today, upon analysis of the 4-hour timeframe chart, the 50-day simple moving average persists in guiding …
Read More »Nasdaq stable above support 27/2/2024
Oil, Crude, trading
Read More »Dow Jones trying to record additional gains 27/2/2024
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