Daily Technical Analysis

Gold (XAU/USD) continues its upward momentum, aligning with our positive outlook from the previous report, approaching the first target of $4641 and currently trading at $4639 at the time of writing. Technical Outlook – 4-Hour Timeframe: The continued influx of buying capital reflects a clear dominance of buyers within the …

The EUR/USD pair continues to trade under bearish pressure, in line with our previous technical outlook, as price action remains capped below the key psychological barrier at 1.1700. Technical Outlook – 4-Hour Chart The 1.1700 level has once again proven to be a strong resistance zone, forcing the pair into …

The Dow Jones Industrial Average continues to post strong gains on Wall Street, closing above the 49,550 level and reinforcing the prevailing bullish momentum. Technical Outlook – 4-Hour Chart The 50-period Simple Moving Average (SMA) remains supportive, acting as a dynamic floor for price action and confirming the persistence of …

The USD/CAD pair came under early selling pressure today, with price action leaning lower as the market searched for a near-term support base. Technical Outlook – 4-Hour Chart Despite the initial weakness, the broader corrective uptrend remains in place. Price continues to trade above the simple moving averages, which maintain …

The GBP/USD pair trended positively during the previous trading session, reaching a high of 1.3485. Technical Outlook – 4-Hour Timeframe: The price is holding above the 50-day simple moving average, and the Relative Strength Index (RSI) is returning to positive signals on shorter timeframes. As long as daily trading holds …

U.S. crude oil (WTI) futures opened the week with a strong bullish gap, surging to a high of $59.95 per barrel — a clear signal of renewed short-term upside momentum. Technical Outlook – 4-Hour Chart Price action is currently supported by a favorable technical environment. Simple moving averages continue to …

Gold (XAU/USD) extended its strong upward momentum, successfully reaching the projected target zone near $4,630 per ounce. Technical Outlook – 4-Hour Chart Current price action reflects a phase of natural and limited profit-taking following the sharp rally — a healthy behavior within the broader bullish structure. The Relative Strength Index …

The EUR/USD pair posted only modest gains in the previous session, briefly touching the 1.1700 area — a key psychological level — before failing to sustain momentum above it. The pair subsequently showed early signs of short-term weakness. Technical Outlook – 4-Hour Chart The 1.1700 level has proven to be …

The Dow Jones Industrial Average extended its downward trend in line with our negative outlook, reaching the targeted level of 48,145 and recording a low of 47,818. Technical Outlook for Today’s Session – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) is now exerting clear downward pressure, reinforcing the short-term …

The USD/CAD pair is attempting a positive rally after several consecutive sessions of decline, retesting the 1.3790 resistance level. Technical Outlook – 4-Hour Timeframe The pair has retested a key descending trendline and established a strong negative pressure level. The simple moving averages continue to exert downward pressure on the …