Daily Technical Analysis

GBP/USD has turned positive intraday after a brief hold above 1.3400 (psychological support), but the recovery looks fragile into nearby resistance. Technical:RSI is hovering near overbought, hinting at fading momentum. The 50-period SMA sits near 1.3450, acting as overhead resistance and reinforcing a cautious tone on the 4-hour chart. Base …

WTI crude futures extend their downtrend, with strong selling pressure driving prices to multi-month lows despite brief intraday rebounds. Technical (4H):Price action remains below a descending trend line, keeping bears in control. Down-sloping simple moving averages continue to act as dynamic resistance, capping recovery attempts and reinforcing the broader bearish …

Gold (XAU/USD) swung sharply on Friday, spiking to $4,380 before retreating to a $4,185 low into the close. The tape remains choppy but underpinned by safe-haven demand. Technical (4H):Price is holding above $4,200, which has flipped into key support and provides a firm floor against deeper pullbacks. Up-sloping SMAs confirm …

EUR/USD met the prior report’s first upside target at 1.1720 before stalling; price now trades below 1.1720, keeping it a pivotal near-term resistance despite the intraday bid. Technical:While the broader structure remains down, an intraday bullish sub-trend is developing. SMAs continue to act as dynamic support beneath price. RSI has …

The Dow Jones Industrial Average is trading mixed with a modest positive tilt, as intraday flows test key resistance zones. Technical:Price is pressing the 50-period SMA near 46,590, attempting to turn it from resistance into support. RSI has started to firm with short-term positive signals, though it remains just below …

USD/CAD is correcting lower in a bearish sub-trend within the broader uptrend, as markets consolidate recent gains ahead of policy headlines. Technical:RSI is attempting to exit oversold, hinting at base-building for a rebound. Price continues to hold above the 50-period SMA, keeping the larger bullish structure intact. The 1.4000 zone …

GBP/USD has shifted back to positive price action after concluding the prior downswing, with buyers reasserting control in the near term. Technical:Momentum is improving as the RSI turns higher, signaling additional upside impulse. On the 4-hour chart, price is trading above the 50-period SMA, which has flipped to dynamic support …

WTI crude (U.S. futures) met the prior report’s target at $58.70, printing a low of $58.22 before a modest rebound. The move appears corrective within a broader bearish structure. Technical:Price remains capped beneath down-sloping simple moving averages, which act as dynamic resistance and may limit upside attempts. RSI is trying …

Gold (XAU/USD) extended its record-setting run in early trade, printing a new all-time high at $4,242/oz on firm safe-haven demand. Price action is holding above $4,155 and well above the $4,000 psychological pivot, confirming role-reversal support. Up-sloping simple moving averages keep bullish momentum intact, while RSI has cooled from overbought …

The pair staged a clear rebound after breaking above 1.1630, prompting a short-term reversal of the bearish tone that dominated recent sessions. Technical Overview Trend context: While the broader structure remains bearish, price action is showing a bullish sub-trend intraday. SMAs: The simple moving averages have flipped to dynamic support, …