Daily Technical Analysis

Gold (XAU/USD) Technical Analysis Gold prices extended their decline under sustained selling pressure, in line with the bearish outlook outlined in our previous report. The precious metal successfully reached its formal initial target of $4,430, printing an intraday low of $4,423 per ounce. Technical Outlook – 4-Hour Timeframe: Current price …

EUR/USD Technical Analysis The EUR/USD pair traded sideways within a narrow range during the previous session, amid a cautious and watchful market atmosphere. Technical Outlook – 4-Hour Timeframe: Across intraday price action, the pair is mounting an attempt to claw back a portion of the losses sustained in the previous …

The Dow Jones Industrial Average continued its strong positive performance during Wall Street trading, in line with our previous expectations. It successfully reached the official target of 51,265 points, hitting a high of 51,384 points before some signs of slowing down began to appear in intraday movements. Technical Outlook for …

USD/CAD Technical Analysis The USD/CAD pair successfully held onto its recent gains in line with our previous technical projections, reaching the initial target of 1.3835 and printing an intraday high of 1.3848. Technical Outlook – 4-Hour Timeframe From a short-term perspective, the technical outlook remains cautiously constructive, with the pair …

GBP/USD Technical Analysis The bullish trend dominated the price action of the GBP/USD pair during the previous trading session, after the pair successfully established a constructive foothold above the pivotal 1.3420 support — a development that has strengthened the prospects of an extended upside move over the short term. Technical …

US Crude Oil (WTI) Technical Analysis US crude oil futures successfully delivered a powerful technical rebound in line with our previous bullish projections, with prices reaching the formal target of $91.30 before extending the advance to an intraday high of $94.70 per barrel. Technical Outlook – 4-Hour Timeframe: On the …

Gold (XAU/USD) Technical Analysis Gold prices reversed the bullish trajectory projected in our previous technical report — which had hinged on the importance of trading remaining anchored above the $4,486 level. As a reminder, we had previously flagged that the price’s failure to defend this level would bring selling pressure …

EUR/USD Technical Analysis The EUR/USD pair continues to drift higher within the projected positive trajectory, though the gains remain contained as the price has yet to clear the pivotal resistance at 1.1680. Technical Outlook – 4-Hour Timeframe: The pair is navigating within an ascending price channel, which underpins the short-term …

Dow Jones Industrial Average (DJIA) Technical Analysis A powerful bullish trend has dominated the Dow Jones Industrial Average on the New York Stock Exchange, with the index decisively breaching the 51,000 mark and climbing to an intraday high of 51,165. Technical Outlook for Today’s Session – 4-Hour Timeframe: With respect …

Positive trading dominated the USD/CAD pair, recovering some of the losses from previous sessions. In the short term, the pair is attempting to break through the 1.3820 resistance level. Technical Outlook – 4-Hour Timeframe Regarding the short term, we maintain a cautiously positive outlook, supported by the 50-day simple moving …