Daily Technical Analysis

The index faded in the prior session after failing to confirm a breakout above 47,820, shifting the near-term bias to the downside. Technical outlook 50-SMA (4H): Has rolled over above price and now acts as dynamic resistance. RSI: Turning lower with negative signals, though attempting to unwind oversold readings. Base …

The bullish setup remains intact: price has held above the 1.4000 psychological floor, hit our first target at 1.4040, and printed a 1.4076 high. Technical outlook Structure: A break above the descending trendline is holding. SMAs: Simple moving averages have rotated beneath price, providing support. RSI: Easing from overbought without …

Sterling continues to grind lower in line with our bearish view, edging toward the 1.3100 target (last at 1.3108). Technical outlook Momentum: RSI has exited oversold but remains negative, consistent with bearish control. Trend/SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Ongoing …

Price action has been mixed with a slight dip, but the corrective uptrend remains intact. Technical outlook SMAs: Still trending beneath price, supporting momentum. RSI: Attempting to turn higher, consistent with scope for another push up. Base case (bullish while above $60.45) Holding $60.45 keeps the upside favored. A decisive …

Selling pressure persists within the ongoing corrective downswing, with price printing a $3,962 low in the prior session. Technical outlook Trend/SMAs: 4H simple moving averages slope lower and sit above price as dynamic resistance, capping rebounds. Structure: A prior rising trendline break keeps bears in control. Momentum (RSI): Continues to …

The pair hit our first target at 1.1500, printing a 1.1481 low. Technical outlook Trend/SMAs: Price remains capped beneath the simple moving averages and continues to respect a descending trendline, preserving the bearish bias. Momentum (RSI): RSI has exited oversold without a convincing rebound—consistent with persistent selling pressure. Base case …

Price action has been choppy, but a short-term upward rebound has emerged. Technical outlook 50-SMA (4H): Continues to underpin price. RSI: Back above 50, signaling improving momentum. Base case (intraday bullish trigger) A clear break and hold above 47,800 would tilt bias higher toward 47,850, then 47,920. Alternative / downside …

The pair kept its positive momentum, grinding higher to test 1.4030 resistance. Technical outlook Structure: A break above the descending trendline is intact. SMAs: Simple moving averages have rotated beneath price, providing support. RSI: Easing from overbought without breaking down—consistent with scope for further upside. Base case (bullish while above …

Sterling extended its downtrend into last week’s close, meeting the 1.3105 target and printing a 1.3097 low. Technical outlook RSI: Back out of oversold but still sending negative momentum signals—consistent with bearish control. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Ongoing …

US crude extended its climb toward the $61.75 objective flagged in the prior report, printing an early-session high at $61.41. Technical outlook SMAs: Simple moving averages are trending beneath price, supporting momentum. RSI: Stays constructive, consistent with ongoing upside pressure. Base case (bullish bias while above $60.75 / $60.30) Holding …