Daily Technical Analysis

Gold Technical Analysis – 4H Timeframe Gold prices attempted to recover some of their losses after hitting a low of $4,480, before rebounding and stabilizing above the psychological support level of $4,500. Technical Outlook – 4-Hour Timeframe: The simple moving averages have formed a clear bearish crossover and continue to …

EUR/USD Technical Analysis Negative pressure continues to dominate the price action of the EUR/USD pair within the bearish trajectory projected in our previous technical report. The pair is now closing in on the initial target at 1.1600 — just a handful of pips away — after printing an intraday low …

Dow Jones Industrial Average (DJIA) Technical Analysis Negative price action has dominated the Dow Jones Industrial Average on Wall Street, with the index kicking off the week on a clear downward footing. Technical Outlook for Today’s Session – 4-Hour Timeframe: On the short-term horizon, the bias leans firmly bearish, as …

USD/CAD Technical Analysis The USD/CAD pair successfully fulfilled its bullish targets in line with our previous technical projections, reaching the formal objective at 1.3760 and printing an intraday high of 1.3767 during early trading today. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair is working to establish …

GBP/USD Technical Analysis The GBP/USD pair endured a sharp decline across recent trading sessions, breaching the bearish target of 1.3455 outlined in our previous technical report and sliding to an intraday low of 1.3301 during the early morning session. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the simple …

US Crude Oil (WTI) Technical Analysis US crude oil futures extended their upside trajectory in line with our previous projections, decisively surpassing the formal target at $103.20 and climbing to an intraday high of $104.33. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, prices remain anchored above the simple …

Gold (XAU/USD) Technical Analysis The bearish trend dominated gold’s price action at the close of last week’s trading, with the precious metal beginning to apply renewed pressure on the pivotal $4,500 support floor in an attempt to breach it and extend the downside trajectory. Technical Outlook – 4-Hour Timeframe: The …

EUR/USD Technical Analysis The EUR/USD pair extended its downside trajectory in alignment with the bearish projections outlined in our previous technical report, successfully achieving the formal target at 1.1640 and printing a low of 1.1622 at the time of writing. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue …

Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average extended its gains on Wall Street in line with the bullish trajectory projected in our previous technical report, climbing to an intraday high of 49,931. Technical Outlook for Today’s Session – 4-Hour Timeframe: With respect to intraday dynamics, …

USD/CAD Technical Analysis The USD/CAD pair is consolidating sideways within a narrow trading range and exhibiting a modest upward bias, currently hovering around the psychological barrier at 1.3700. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair has successfully established a foothold above the 1.3660 support floor, staging …