No Result
View All Result
Saturday, September 23, 2023
  • Login
FXVNPRo
ADVERTISEMENT
  • Home
    • Advertising Promotion
    • Economic Calendar
    • Contact Us
  • Forex Brokers Review
    • Best Brokers 2023
  • Learn To Trade
    • Forex Trading Strategies
    • Forex Trading Indicators
    • Promotional Content
    • Forex/CFDs/Cryptos News
  • Forex Promotions
    • Best Promotions
    • Forex No Deposit Bonus
    • Forex Demo Contest
    • Forex Cashback Rebate
    • Forex Deposit Bonus
    • Forex Live Contest
    • Affiliate Program
    • Other Promotions
  • Expert Advisors
    • Expert Advisors Price
  • Rebate Service
    • Rebate Services Terms and Conditions
No Result
View All Result
  • Home
    • Advertising Promotion
    • Economic Calendar
    • Contact Us
  • Forex Brokers Review
    • Best Brokers 2023
  • Learn To Trade
    • Forex Trading Strategies
    • Forex Trading Indicators
    • Promotional Content
    • Forex/CFDs/Cryptos News
  • Forex Promotions
    • Best Promotions
    • Forex No Deposit Bonus
    • Forex Demo Contest
    • Forex Cashback Rebate
    • Forex Deposit Bonus
    • Forex Live Contest
    • Affiliate Program
    • Other Promotions
  • Expert Advisors
    • Expert Advisors Price
  • Rebate Service
    • Rebate Services Terms and Conditions
No Result
View All Result
FXVNPRo
No Result
View All Result
Home Forex/CFDs/Cryptos News

Technical Outlook: USDCAD, WTI Oil, EURUSD

fxvnpro by fxvnpro
May 5, 2023
in Forex/CFDs/Cryptos News
0
FXStreet
0
SHARES
4
VIEWS

USDCAD: The uptrend expected to continue in case the market rises above resistance level 0.78015

(Anton Kolhanov)

This/next week  forecast (July 25 – 29, 2022)

Uptrend scenario

The uptrend may be expected to continue in case the market rises above resistance level 0,78015, which will be followed by reaching resistance level 0,7940 – 0,7983.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 0,7730, which will be followed by moving down to support level 0,7645 and if it keeps on moving down below that level, we may expect the market to reach support level 0,7560.

FXStreet

Monthly forecast, August 2022

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 0,7800, which will be followed by moving up to resistance level 0,7940 – 0,7983.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 0,7645, which will be followed by moving down to support level 0,7517 – 0,7469.

FXStreet

WTI oil outlook: Oil remains under pressure by growing demand concerns

(Slobodan Drvenica – Windsor Brokers)

WTI oil remains at the back foot and extends weakness to one-week low ($92.88) on Monday.

Oil prices are weighed by growing demand concerns as the US central bank is expected to make another big rate hike this week that threatens of further slowing of the global economy, with weaker China’s economic recovery (the latest data showed that China narrowly escaped a contraction in the second quarter) adding to worries that demand for oil would weaken.

Signals that Libya is boing to increase oil output to 1.2 million barrels per day would add to supply side and ease market tightness, marking an additional pressure on oil prices.

Also, the European Union said it would ease sanctions to Russian state-owned companies to sell oil to third countries that would further weigh on prices.

Fresh weakness broke through important support at $94.50 (Fibo 61.8% retracement of $90.54 / $100.96 / 200DMA) with sustained break here to generate fresh bearish signal and bring in focus key supports at $90.54/00 (July 14 low / psychological).

Daily technical studies remain in bearish setup and support the action, with additional negative signal developing on monthly chart as oil is on track for the second consecutive strong monthly fall, last seen in Mar/Apr 2020.

Res: 95.75; 96.52; 96.98; 97.92.
Sup: 93.00; 91.62; 90.54; 90.00.

FXStreet

Could EUR/USD move towards the 1.0230 level?

(AAATrade Team)

Looking at EURUSD’s chart, we can see that in the past week, it is traded between the range of 1.0270 and 1.0130 whereas currently it is at the rate of around 1.02. If it will hold its rate above the support level of around 1.0190, then we could see it rising towards its resistance level of around 1.0230 otherwise it should fall towards its support level of around 1.0160.

FXStreet

Read EUR/USD stands below 20-day SMA, Gold bounces off 1-year low but retains bearish outlook [Video]

Post Views: 368

Related posts:

FXStreetTechnical Outlook: EURUSD, GPBUSD FXStreetWTI oil outlook – Euro flat ahead of ECB rate move FXStreetEURUSD Analysis: Remains capped near descending channel hurdle, awaits FOMC on Wednesday FXStreetEURUSD Analysis: Traders seem non-committal, await this week’s key central bank event/data risks GBPUSDForex Thursday Forecast: CADUSD, GBPUSD GoldGold and Crude Oil Forecast CrudeoilCrude Oil – Wheat Forecast FXStreetUSD overextends – XAUUSD Analysis
Tags: Downtrend scenarioForex/CFDs/Cryptos NewsMonthly forecastTechnical OutlookUptrend scenarioWTI oil outlook
exness
Previous Post

The commodities feed: EU energy ministers set to meet

Next Post

EUR/USD stands below 20-day SMA, Gold bounces off 1-year low but retains bearish outlook [Video]

fxvnpro

fxvnpro

Next Post
FXStreet

EUR/USD stands below 20-day SMA, Gold bounces off 1-year low but retains bearish outlook [Video]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

XM
  • Trending
  • Comments
  • Latest
Technical Analysis

Technical Analysis – Price Action Trading (Part 1)

May 22, 2022
Technical Analysis

Technical Analysis – Price Action Trading (Part 3)

May 22, 2022
Technical Analysis

Technical Analysis – Price Action Trading (Part 2)

May 29, 2022
ForexNews

Insiders say LUNA Classic has no future but remain optimistic on Terra’s LUNA 2.0 price

June 7, 2022
MiTRADE

Forex Brokers Types: ECN VS Market Makers VS No Dealing Desk

101
Tiomarkets

MT4 vs MT5: What trading platform to choose?

94
FPMarkets

What is Forex Trading? (Part 2)

61
CMC Markets

What Is Bitcoin?

56
PRC Broker

Review PRC Broker

September 22, 2023
Tickmill-How-to-Claim-30-Forex-Welcome-Bonus

Tickmill How to Claim $30 Forex Welcome Bonus

September 22, 2023
Selecting the Best Gold Trading Broker

Selecting the Best Gold Trading Broker

September 19, 2023
Choosing Forex Brokers with Bonuses

Choosing Forex Brokers with Bonuses

September 19, 2023

Recent News

PRC Broker

Review PRC Broker

September 22, 2023
Tickmill-How-to-Claim-30-Forex-Welcome-Bonus

Tickmill How to Claim $30 Forex Welcome Bonus

September 22, 2023
Selecting the Best Gold Trading Broker

Selecting the Best Gold Trading Broker

September 19, 2023
Choosing Forex Brokers with Bonuses

Choosing Forex Brokers with Bonuses

September 19, 2023

Advertisement

fbs



icmarkets

Connect to FXVNPRo

facebook twitter telegram

Now online

FXVNPRo

FXVNPRo Information

Address: Ho Chi Minh City, Vietnam, 70000

Contact us:
– Skype: fxvnpro
– Email:

admin@fxvnpro.com

fxvnpro@gmail.com

Payment methods:
– Webmoney
– Perfect Money
– Paypal
– Skrill
– Neteller
– Bank Wire
– Bitcoin

Disclaimer

Any promotions, reviews, and other information in the website are just for the information purpose only.

There is no invitation or encouragement to invest in the Financial Markets such as CFDs, Forex, Binary Options, Indices, Cryptocurrencies and so on. We disclaim liability for any loss resulting from the use of information contained on this website.

The published comments are private opinions or feedback of the users. FXVNPRo is not responsible for any information on the website.

Risk warning

Please be aware of your investment into trading markets which is high risk and not suitable for everyone.

Recent Posts

  • Review PRC Broker
  • Tickmill How to Claim $30 Forex Welcome Bonus
  • Selecting the Best Gold Trading Broker
  • Choosing Forex Brokers with Bonuses
  • Selecting the Best Forex Rebate Provider
  • Review PU Prime
  • Review One Global Market
  • Review NSFX Ltd.
  • What is a No Deposit Forex Bonus and How to Get It
  • August Month Offer For Traders | Orbit Global FX
  • FX daily: European pessimism, Chinese optimism
  • Review Orbit Global FX
  • NZD/USD: A Stellar Week as US Dollar Retreats
  • Losable Bonus | MogaFX
  • Cashback Bonus | MogaFX

© 2013 - 2023 FXVNPRo - Forex Rebates Service | Forex Expert Advisors | Forex Brokers Review | Forex Promotions - News.

No Result
View All Result
  • Home
    • Advertising Promotion
    • Brokers Listing
    • Economic Calendar
    • Contact Us
  • Forex Brokers Review
  • Learn To Trade
    • Promotional Content
    • Forex/CFDs/Cryptos News
  • Expert Advisors
    • Expert Advisors Price
  • Forex Promotions
    • Best Promotions
    • Forex Demo Contest
    • Forex No Deposit Bonus
    • Forex Cashback Rebate
    • Affiliate Program
    • Forex Deposit Bonus
    • Forex Live Contest
    • Other Promotions

© 2013 - 2023 FXVNPRo - Forex Rebates Service | Forex Expert Advisors | Forex Brokers Review | Forex Promotions - News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/betbonus/fxvnpro.com/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111