Daily Technical Analysis

Oil, Crude, trading

U.S. crude oil futures extended their bearish momentum in the previous trading session, falling to a low of $66.25 per barrel. Technical Outlook – 4-Hour Timeframe: Intraday movements are showing signs of mild recovery attempts from oversold conditions. The Relative Strength Index (RSI) is attempting to generate early positive signals, …

Gold prices experienced significant volatility during yesterday’s session, following the release of U.S. inflation data that strengthened the dollar and exerted downward pressure on gold. As noted in our previous report, a break below $3,340 reactivated the bearish scenario, which materialized after gold dipped to $3,320. Technical Outlook – 4-Hour …

The EUR/USD pair extended its decline in the previous trading session, in line with the bearish outlook outlined in the prior technical report. The pair reached the expected target at 1.1610, recording a session low of 1.1593. Technical Outlook – 4-Hour Timeframe: Intraday price action reflects attempts at recovery driven …

Oil, Crude, trading

The pair continues to benefit from the support of the 50-period Simple Moving Average (SMA), which reinforces short-term bullish momentum. This is further supported by a notable improvement in momentum indicators, with the Relative Strength Index (RSI) generating constructive signals that favor the continuation of the uptrend in the near …

Oil, Crude, trading

U.S. crude oil futures posted strong gains in the previous session, reaching an intraday high of $68.61 per barrel. Technical Outlook – 4-Hour Timeframe: Price action remains supported by an ascending trend line, with the simple moving averages acting as dynamic support—indicating sustained bullish momentum. Notably, a positive divergence between …

Gold began the week with strong upward momentum, reaching its highest level in three weeks at $3,375 per ounce. This move aligns with the bullish scenario outlined in the previous technical report, which identified $3,360 as the initial resistance target. Technical Outlook – 4-Hour Timeframe: Gold has established a solid …

A bearish trend continues to dominate EUR/USD price action, with the pair approaching the psychological resistance level at 1.1700, which has triggered renewed negative intraday movement. Technical Outlook – 4-Hour Timeframe: The pair is currently trading below the initial resistance at 1.1685, with the simple moving averages acting as dynamic …