Daily Technical Analysis

The Dow Jones Industrial Average found firm support near the 49,290 level, prompting a technical rebound and stabilizing price action. Technical Outlook – 4-Hour Chart Price holding above the 50-period Simple Moving Average continues to favor the bullish structure. In addition, the Relative Strength Index (RSI) has returned to positive …

The USD/CAD pair continues to move within a gradual upward trajectory, in line with the bullish scenario outlined in our previous report. The pair is now approaching the 1.3940 target, currently trading near 1.3920. Technical Outlook – 4-Hour Chart The corrective uptrend remains firmly in control, supported by price action …

The GBP/USD pair continued to trade under bearish pressure in line with our previous outlook, reaching the 1.3370 target and posting a low at 1.3363, confirming the persistence of selling momentum. Technical Outlook – 4-Hour Chart Simple moving averages remain positioned above price action, acting as dynamic resistance and maintaining …

WTI crude oil futures gave back a portion of their recent gains, posting a clear pullback during the previous trading session. Technical Outlook – 4-Hour Chart Despite the decline, the broader technical structure remains constructive. Simple moving averages continue to offer dynamic support from below, preserving the medium-term upward trend. …

Gold (XAU/USD) has entered a temporary consolidation phase after facing strong selling pressure near its recent peak at $4,642 per ounce. This pause reflects a period of sideways movement as the market awaits clearer directional signals. Technical Outlook – 4-Hour Chart The broader trend remains firmly bullish. Simple moving averages …

The EUR/USD pair continued its bearish trajectory in line with our previous technical outlook, successfully reaching the 1.1600 target and printing a low at 1.1593, confirming sustained selling pressure across the pair. Technical Outlook – 4-Hour Chart Price action has now stabilized below the previously broken minor support at 1.1650, …

The Dow Jones Industrial Average came under notable selling pressure in the previous session, retreating on Wall Street after a series of consecutive gains. Technical Outlook – 4-Hour Chart The pullback reflects profit-taking following the index’s advance toward the 49,900 area. Simple moving averages have shifted back into a bearish …

The technical outlook remains intact, with USD/CAD continuing to trade within an upward corrective structure. Technical Outlook – 4-Hour Chart The corrective uptrend still dominates price action, supported by the pair holding above the simple moving averages, which sustain the bullish bias. At the same time, the Relative Strength Index …

The GBP/USD pair has shifted into negative territory after topping near the 1.3500 area in the previous session, signaling a loss of bullish momentum. Technical Outlook – 4-Hour Chart Price has slipped back below the simple moving averages, which are now acting as dynamic resistance. This technical shift is reinforced …

U.S. crude oil (WTI) futures successfully met our bullish targets in the previous session, breaking above the key $60.80 level and extending gains to a high of $61.46. Technical Outlook – 4-Hour Chart Price action continues to be supported by a favorable technical backdrop. Simple moving averages remain aligned to …