JasonZeyuan

JasonZeyuan

From a technical standpoint, we see that crude oil futures have found support at $89 and face resistance at $93. On September 21st, after a retracement to $89, we observed that bearish momentum did not result in a significant volume-driven downward move, leading to a rapid rebound. Oil prices remained stable on Friday, but concerns about profit-taking and the...

JasonZeyuan

GDPUSD Weekly Outlook: The key watershed for a potential trend reversal and whether the bulls can make a true comeback lies at the 1.23 resistance level. Currently, the US dollar index, after a recent surge, is maintaining its position at elevated levels, while the GBP/USD pair, as anticipated last week, continues its quest for a bottom. Examining the order...

JasonZeyuan

The primary resistance level to watch is at 1930, with the secondary resistance level at 1945. The third resistance level extends to 1950. On the flip side, the first support level is at 1922, followed by the secondary support level at 1914, and the third support level at 1907."