Market Analysis
UKOIL (Brent Crude Oil) Technical Analysis (25/10/2024)
UKOIL tests key resistance at 75.23 after bouncing off the 74.50 support. Will the price break out, or will it face further bearish pressure?
25/10/2024
UKOIL tests key resistance at 75.23 after bouncing off the 74.50 support. Will the price break out, or will it face further bearish pressure?
DAX 40 tests key support at 19,400. Watch for a potential move below this level or a breakout above the WMAs for the next trend.
EUR/GBP consolidates around 0.8340 support, with resistance at 0.8350. Watch for a breakout or breakdown to confirm the next move.
GBP/USD tests key support at 1.2960, with resistance at 1.2980. Watch for a potential move below 1.2960 or a breakout toward 1.3000.
EUR/USD tests key support at 1.0800 with resistance at 1.0830. A break below could lead to further downside toward 1.0775.
DXY breaks below the 50-WMA, testing support at 103.93. Watch for a potential move towards 103.50 if support breaks, with resistance at 104.34 and 104.60.
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