Oil, Crude, trading
Read More »Oil facing selling pressure 28/11/2023
Negative trading dominated US crude oil futures prices, aligning with the anticipated downward trajectory outlined in the previous technical report. The market touched the initial target at 74.75 and extended losses to reach the subsequent station at 74.50, recording a low of $74.00 per barrel. Examining the 4-hour chart, there …
Read More »Euro attacks resistance 28/11/2023
The EUR/USD pair continued its positive momentum during the early trading sessions of the week, confirming the expected bullish trend mentioned in the previous technical report. The pair reached a peak of 1.0960 in the morning session, and the report emphasized that the confirmation of breaching this level could strengthen …
Read More »Lukewarm performance for European stocks
European stocks were steady on Monday as lower oil prices led to a decline in energy stocks, ahead of comments by European Central Bank President Christine Lagarde on monetary policy before a European Parliament committee. The European Stoxx 600 index remained stable at 0820 GMT, while the British Financial Times …
Read More »Nasdaq facing negative pressure 27/11/2023
Oil, Crude, trading
Read More »Dow Jones makes notable gains 27/11/2023
Oil, Crude, trading
Read More »CAD breaks the support 27/11/2023
In the previous report, we maintained a neutral stance, emphasizing that the activation of selling positions would hinge on a breach below the robust support level of 1.3680. Such a breach could pave the way for the pair to reach 1.3600, and the pair indeed recorded its lowest level at …
Read More »USD/JPY maintains negative path 27/11/2023
japanese-yen
Read More »GBP is the best against USD 27/11/2023
Oil, Crude, trading
Read More »Oil records lower highs 27/11/2023
US crude oil futures prices experienced a significant decline last Friday, reaching the initial official target outlined in the preceding report at $75.75 and recording their lowest point at $75.13 per barrel. From a technical perspective, the prevailing downward trend persists, with trading consolidating below the 76.40 resistance level. This …
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