Daily Technical Analysis

GBP/USD remains under bearish control after slipping through the 1.3400 pivot, trading near 1.3387 at the time of writing as sellers press the downside. Technical:The RSI has turned lower, confirming firm negative momentum on the 4-hour chart. Intraday stability below 1.3400 keeps the pressure skewed to the downside and limits …

In the prior note we flagged indecision and said an hourly close above 4,280 would confirm bullish continuation toward 4,350. Since then, gold has held above 4,245, turning that area into a key support while price compresses beneath nearby resistance. Technical (4H):Price action is clearly above 4,245, reinforcing role-reversal support …

EUR/USD reversed the prior upside bias after failing to hold above 1.1640, slipping to an early-session low at 1.1632 and tilting the near-term tone lower. Technical:On the 4-hour chart, price is temporarily below 1.1640, skewing risk to the downside, though the 50-period SMA is still trying to prop price from …

The Dow Jones Industrial Average is trading mixed with a positive tilt, as buyers probe higher levels following recent consolidation. Technical:Price is now above the 50-period SMA, which has flipped to dynamic support and aligns with a constructive short-term bias on the 4-hour chart. RSI has turned higher and is …

USD/CAD has flipped softer after several sessions of gains, with sellers probing for control in the near term. Technical:RSI has turned lower, signaling fading upside momentum. Price has also broken an ascending trend line, adding to negative pressure. Below, 1.4050 is acting as near-term resistance that caps rebounds. Base case:While …

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 …