Daily Technical Analysis

GBP/USD — 4H Technical Update The setup is broadly unchanged: price action is muted and the downtrend remains the dominant theme. Technical outlook RSI: Still printing negative signals despite oversold readings—evidence of persistent bearish momentum. 50-SMA (4H): Price is holding above the average, providing some underlying support—hence the mixed picture. …

WTI caught a bid after basing near $59.30, with buyers regaining traction. Technical outlook 50-SMA (4H): Price has reclaimed and is stabilizing above it, adding positive momentum. RSI: Turning constructive, supporting the recovery attempt. Base case (bullish bias while above $60.10 / $59.80) Holding $60.10—and more broadly $59.80—keeps the topside …

Recent profit-taking followed prior rallies, with downside pressure reinforced by price action below the simple moving averages and an RSI reset from overbought. At the same time, price is still tracking an ascending support line, so the near-term read is mixed. Best to trade the levels: Bearish continuation (preferred only …

The pair remains range-bound below 1.1600, failing to hold above the psychological barrier. Technical outlook Structure/SMAs: A break below the prior ascending channel plus SMAs turning overhead shifts bias lower. Momentum: Indicators are starting to lean bearish, consistent with fading upside. Base case (bearish trigger) A decisive break/4H close below …

The index logged sharp losses in the week’s first session, posting a 46,397 low. Technical outlook 50-SMA (4H): Rolling over above price and acting as a descending ceiling (dynamic resistance), reinforcing the daily downtrend. RSI: Remains negative despite oversold readings, underscoring strong near-term bearish momentum. Base case (bearish while below …

A bullish rebound is attempting to take control after price held above the 1.4000 psychological floor. Technical outlook SMAs: Price is trading above the simple moving averages, lending support to upside attempts. RSI: Momentum signals are constructive, consistent with further recovery potential. Base case (bullish while above 1.4000) Former resistance …

The pair is trying to base, but 1.3190 resistance is capping upside and limiting consolidation attempts. Technical outlook RSI: Despite oversold readings, momentum signals remain negative, underscoring a dominant downtrend. 50-SMA (4H): Price still above the average, offering some underlying support—hence the mixed setup. Trade map (wait for confirmation) Bearish …

WTI slipped in early trade, consolidating near $59.40. Technical outlook SMAs: Price holds beneath the simple moving averages, which act as dynamic resistance and cap rebounds. RSI: Negative momentum signals persist, consistent with a downward bias. Base case (bearish while below $60.10) Staying under $60.10 keeps the risk tilted lower. …

Gold confirmed the bearish trigger highlighted previously: a clean break below $4,055/$4,050 shifted near-term structure lower and extended losses toward the $4,004 area. Technical outlook Trend/50-SMA: Price is below the 50-SMA, which now acts as dynamic resistance, reinforcing downside control. Momentum (RSI): Firm negative signals support continued selling pressure. Base …

The pair traded in a tight range to start the week, attempting to keep the short-term uptrend intact. Technical outlook SMAs/structure: Price holds above the simple moving averages, reinforcing a constructive bias. Momentum: Intraday RSI shows positive divergence, hinting at building upside momentum. Base case (bullish, confirmation needed) Above 1.1580 …