Daily Technical Analysis

Oil, Crude, trading

U.S. crude oil futures followed the expected bullish trajectory, successfully reaching the first official target at $65.90 and coming within reach of the second target at $66.45, with a session high recorded at $66.24 per barrel. From a technical standpoint, the psychological resistance near $65.00 continues to exert downward pressure …

Gold prices showed mixed performance during the previous session, largely aligning with the anticipated downward corrective trend outlined in the prior technical report. The bearish scenario was initially supported by trading remaining below the $3,325 resistance level. However, as cautioned, any attempt to break above $3,325–$3,331 would invalidate that outlook. …

Mixed trading with a bearish tilt characterized the EUR/USD pair’s movement in the previous session, following its failure to hold above the extended resistance zone of 1.1450/1.1440. This hesitation at key resistance reflects temporary exhaustion after the recent bullish run. From a technical standpoint, the Relative Strength Index (RSI) is …

Oil, Crude, trading

The Canadian dollar remains under clear downward pressure, with the USD/CAD pair extending losses across multiple sessions and registering a new low at 1.3669 during the week’s opening trade. From a technical standpoint, the 4-hour chart shows persistent bearish momentum, with simple moving averages (SMAs) pressing down from above and …

Oil, Crude, trading

US crude oil futures extended their recent rally, posting additional gains at the start of the week and reaching a session high of $65.62 per barrel. From a technical standpoint, despite heightened intraday volatility following the recent surge, the broader trend remains bullish. A closer inspection of the 4-hour chart …

Gold prices experienced mixed performance during the previous trading session, with bullish momentum fading and the market opening today with a bearish bias. From a technical standpoint, a closer analysis of the 4-hour chart shows that gold failed to break through the critical resistance level at $3,325. The simple moving …

Positive momentum continues to influence the EUR/USD pair, with price action attempting to challenge the key psychological resistance at 1.1400, after reaching a session high near 1.1440 in the previous trading day. From a technical standpoint, today’s outlook remains tilted to the upside. The pair is benefiting from stable trading …