Daily Technical Analysis

The Dow Jones Industrial Average successfully reached the second upside target outlined in the previous technical report at 50,560, extending gains to a session high near 50,610. Technical Outlook – 4-Hour Chart Price action continues to trade above the simple moving averages, which supports the broader recovery structure. However, momentum …

The USD/CAD pair remains under strong bearish pressure, extending its decline to a low near 1.3548 and confirming the dominance of the downtrend. Technical Outlook – 4-Hour Chart Simple moving averages continue to cap price action from above, acting as dynamic resistance and reinforcing the continuation of the downward move. …

The GBP/USD pair successfully retested the key support level highlighted in the previous report at 1.3620, helping to preserve the broader upward bias and stabilize price action. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, providing positive momentum and reinforcing the potential for …

The technical outlook remains steady, with WTI crude oil futures showing limited movement while continuing to trade within an overall upward trend. Technical Outlook – 4-Hour Chart Simple moving averages remain supportive, underpinning the daily uptrend, while price action continues to respect a short-term ascending trendline. Momentum indicators also favor …

Gold prices (XAU/USD) traded sideways within a narrow range during the previous session, remaining stable above the $5,000 level and capped below $5,088, reflecting a temporary pause as the market awaits fresh catalysts. Technical Outlook – 4-Hour Chart Daily Trend: BullishThe broader daily trend remains firmly bullish, supported by sustained …

The EUR/USD pair is moving sideways with a slight upward bias, as it attempts to overcome the key psychological resistance at the 1.1900 level. Technical Outlook – 4-Hour Chart Momentum indicators are leaning constructive. The Relative Strength Index (RSI) is hinting at a potential positive divergence, while price action continues …

The Dow Jones Industrial Average posted a historic advance, closing above the 50,000 level for the first time ever and reaching a peak near 50,323, underscoring strong bullish momentum. Technical Analysis – 4-Hour Chart Price action continues to trade comfortably above the simple moving averages, supporting the continuation of the …

The USD/CAD pair remains under strong bearish pressure, extending its decline to a low near 1.3548 and confirming the dominance of the downtrend. Technical Outlook – 4-Hour Chart Simple moving averages continue to cap price action from above, acting as dynamic resistance and reinforcing the continuation of the downward move. …

The GBP/USD pair posted strong gains in the previous session, advancing to a high near the 1.3700 level and reinforcing short-term bullish momentum. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, providing positive momentum and encouraging further upside attempts during today’s session. The …

U.S. crude oil futures posted strong gains in the previous session, rallying to a high near $64.85 and reinforcing the prevailing bullish momentum. Technical Outlook – 4-Hour Chart The technical structure remains supportive. Simple moving averages continue to underpin the daily uptrend, while price action holds along a short-term ascending …