Tag Archives: technical

Positive trading dominated the movements of the Canadian dollar in the previous trading session, aligning with the anticipated bullish trend and reaching the initial target at 1.3750, marking its peak at 1.3777. From a technical standpoint, a detailed analysis of the 4-hour timeframe chart reveals the pair’s establishment of stability …

US crude oil futures prices experienced significant losses in line with the anticipated negative outlook, reaching the specified official targets at 74.10 and marking its lowest point at $72.22 per barrel. Technically, the pressure from the simple moving averages persists from above, reinforcing the potential continuation of the current downward …

In the preceding two technical reports, we maintained an intraday neutral stance. We highlighted the necessity for price consolidation above 1977 to trigger buying positions, targeting 1983 and 1992. The first target was achieved, reaching its peak at $1988 per ounce. Today’s technical analysis, examining the 240-minute chart, reveals gold’s …

The Canadian dollar has been making positive strides to uphold its stability above the support level of 1.3680 for two consecutive sessions. The pair’s intraday movements maintain proximity to its highest level during this morning’s trading session at 1.3705. From a technical analysis standpoint, examining the 4-hour chart reveals that …

Futures prices experienced a significant downturn during the previous trading session, aligning with a negative forecast as we anticipated in our previous report. The decline surpassed the official targets of 77.55 and 76.65, reaching its lowest level in the early trading hours of the current session at $75.92 per barrel. …

In our previous technical report, we maintained intraday neutrality due to conflicting technical signals, explaining that we were awaiting a clearer directional signal to achieve a high-quality deal. Accordingly, gold movements showed stability above the lower limit of 1955 and below the upper limit of 1977. From a technical analysis …

Yesterday, the Canadian dollar was dominated by negative trading after it failed to sustain positive stability above the support level of 1.3750, reaching its lowest point around the robust support of 1.3680. Today’s technical analysis reveals that the simple moving average continues to exert negative pressure on the price from …

The US crude oil futures contracts have been dominated by positive trading, aligning with our bullish forecast. They have touched the initial target price of $79.20, and are now heading towards the next official mark of $79.60. The contracts recorded their peak at $79.72 per barrel. From a technical perspective, …

Gold prices have recently made significant strides, outperforming the US dollar, following a successful breach of the 1945 resistance level. This upward trend solidified as gold prices maintained stability above the 1954 mark. While this stability tempers the possibility of a downward shift, it doesn’t completely rule it out. We …

Positive trading prevailed in the movements of the Canadian Dollar pair as it followed the expected upward trajectory, reaching the official target stations at 1.3830 and 1.3860, with its highest level recorded at 1.3855. From a technical analysis perspective, the pair encountered resistance at the 1.3850 level, which curbed the …