U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
Read More »Gold gets rid of oversold conditions 15/4/2025
The key support level highlighted in the previous technical report at $3,190 successfully held, helping to maintain the broader upward trend. Following a rebound from this level, gold prices have resumed their climb, currently trading around $3,228 per ounce at the time of writing. On the 4-hour chart, price action …
Read More »CAD threatens to break support 3/4/2025
The Canadian dollar has pulled back after a streak of gains, encountering strong resistance at 1.4360. This level prompted a reversal, with the pair declining to a session low near 1.4215. From a technical standpoint, the 4-hour chart highlights notable resistance just below the 50-period simple moving average, alongside clear …
Read More »Oil below the moving average 3/4/2025
U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
Read More »Gold reaches unprecedented highs 3/4/2025
Gold continues its record-breaking rally, reaching $3,167 per ounce during early trading this morning—hitting the official target outlined in the previous technical report. From a technical analysis perspective, the 4-hour chart reflects a strong bullish structure, reinforcing the continuation of the current upward trend. Price action remains comfortably above key …
Read More »CAD trying to make up for the losses 19/3/2025
The Canadian dollar successfully reached the anticipated bearish targets during Monday’s trading session, hitting a low of 1.4265 after achieving the 1.4270 target. From a technical standpoint, the 4-hour chart indicates that the pair found solid support around 1.4260, prompting a minor bullish rebound. The stochastic indicator has entered the …
Read More »Oil breaks intraday support 19/3/2025
U.S. crude oil futures have staged a strong rebound, aligning with the anticipated positive outlook from the latest technical analysis. A breakout above $67.20 acted as a catalyst, driving prices higher to a peak of $68.45 per barrel. From a technical perspective, the outlook remains cautious with a slight bearish …
Read More »Gold continues to record highs, all eyes on Fed 19/3/2025
Gold prices continue their record-breaking rally, surpassing the previous peak and setting a new all-time high near $3,038 per ounce, exceeding the projected target of $3,020. From a technical perspective, the 4-hour chart shows that gold remains well-supported by the simple moving averages, which continue to reinforce the upward trend. …
Read More »CAD maintains negative stability 13/3/2025
The USD/CAD pair has been under bearish pressure after encountering strong resistance near 1.4485, leading to a downward bias. A close examination of the 4-hour chart reveals emerging negative signals on the Stochastic indicator, along with price stability below 1.4470, reinforcing the possibility of a bearish continuation. If the bearish …
Read More »Oil is trying to form an upward rebound 13/3/2025
After several consecutive sessions of decline, U.S. crude oil futures have staged a bullish rebound, attempting to hold above the psychological barrier of 67.00. Technical Analysis On the 4-hour chart, we maintain a cautiously positive outlook, supported by the Relative Strength Index (RSI) attempting to gain upward momentum and the …
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