Daily Technical Analysis

The USD/CAD pair extended its gradual upward movement, successfully breaching the key psychological resistance at 1.4000, reaching the target level of 1.4020 and marking an intraday high at 1.4034. Technical Overview The Relative Strength Index (RSI) continues to issue short-term positive signals, supporting the prevailing bullish momentum. Meanwhile, the pair …

The GBP/USD pair extended its sharp decline within the bearish framework highlighted in the previous report, breaking below the projected downside target at 1.3320 and recording a new low near 1.3280. Technical Overview Relative Strength Index (RSI): Despite entering oversold territory, the indicator continues to send negative signals, reflecting persistent …

U.S. WTI crude oil futures retreated after several consecutive sessions of gains, hitting a low near $61.30 per barrel during the previous session. Technical Overview The simple moving averages have turned into dynamic resistance levels, now exerting downward pressure on prices and likely limiting any recovery attempts. At the same …

Gold prices retreated after reaching a new all-time high near $4,058 per ounce, as profit-taking prompted a pullback that pushed the metal to stabilize below the $4,000 psychological barrier. Technical Overview The metal found short-term support around $3,945, allowing a mild rebound toward $3,975. The simple moving averages continue to …

The EUR/USD pair remains under clear bearish pressure, consistent with our previous negative forecast. The pair has successfully reached the first downside target at 1.1555, recording a new low of 1.1542. Trend Overview The bearish trend continues to dominate as the price trades below the 50-period simple moving average (SMA), …

The Dow Jones Industrial Average (DJI30) saw mixed performance on Wall Street, retreating slightly after reaching a session high of 47,136, as investors booked profits following the recent bullish rally. Despite the pullback, the broader trend remains upward. Technical Outlook – 4-Hour Timeframe: The 50-day Simple Moving Average (SMA) continues …

The USD/CAD pair extended its upward movement for a second consecutive session, maintaining positive momentum in line with the previously expected bullish outlook. The pair continues to benefit from sustained demand for the US dollar and firm technical support. Technical Outlook – 4-Hour Timeframe: The Relative Strength Index (RSI) continues …

The GBP/USD pair extended its bearish movement in line with the previously expected outlook, successfully reaching the official downside target at 1.3390 amid sustained selling pressure and a firm strengthening of the US dollar. Technical Outlook – 4-Hour Timeframe: The Relative Strength Index (RSI) continues to generate negative signals despite …

US WTI crude oil futures resumed an upward trajectory, attempting to recover losses from prior sessions after successfully establishing a solid support base near $60.80 per barrel. The move reflects renewed buying interest following a period of corrective pressure. Technical Outlook – 4-Hour Timeframe: The price is currently testing the …

Gold (XAU/USD) continues to advance strongly, setting fresh all-time highs and reinforcing the prevailing bullish momentum. The metal reached a new record of $4,030 per ounce at the time of writing, driven by sustained buying activity and investor demand for safe-haven assets amid global uncertainty. Technical Outlook – 4-Hour Timeframe: …