Gold prices are currently trading within a rangebound pattern, stabilizing above the strong support level at $3,310 while facing key resistance near $3,334. Technical Outlook: Price action shows limited bullish momentum following a rebound from the important psychological level at $3,300. However, the upside remains capped by the 50-period Simple …
Read More »Dollar Pressure Drives the Euro into Further Gradual Decline 30/7/2025
The EUR/USD pair continues its gradual decline, aligning with the outlook presented in our previous technical report, and moving closer to the key target at 1.1510. Technical Outlook: The pair is currently trending lower after breaking below the 1.1580 support level. A closer look at the chart reveals mild bullish …
Read More »Dow Jones Extends Gains, Are New Highs Ahead? 29/7/2025
DowJones
Read More »Canadian Dollar in a Bullish Technical Rebound 29/7/2025
A short-term bullish trend has re-emerged in the USD/CAD pair, supported by stability above the key psychological support level of 1.3700. Technical Outlook: Intraday price action reflects a bullish bias, reinforced by the pair’s position above key Simple Moving Averages (SMAs), which continue to provide dynamic support. Additionally, the Relative …
Read More »Greenback Strength Weighs on Pound, Extending Its Losses 29/7/2025
Oil, Crude, trading
Read More »Oil Attempts to Break the Downtrend Resistance 29/7/2025
U.S. crude oil (WTI) futures started the week on a positive note, attempting to establish a technical rebound after testing a key support level at $65.10 per barrel. Technical Outlook: WTI is currently holding above the psychological support of $65.00, reinforcing bullish recovery attempts. This is supported by price stability …
Read More »Gold Exits Bullish Path — Is It a Pullback or a Trend Reversal? 29/7/2025
Gold prices registered a notable decline at the start of this week’s trading session, driven largely by profit-taking activity, with the price reaching a low of $3,301 per ounce. Technical Outlook: Intraday price action is showing a modest rebound as gold tests the key psychological support level at $3,300. This …
Read More »Bears Take Control of the Euro After Support Break 29/7/2025
The EUR/USD pair experienced a notable decline at the start of this week’s trading, driven by strength in the US dollar, with the pair reaching a low of 1.1574. Technical Outlook: Currently, the pair is trading within a narrow range around 1.1580. A closer look at the 4-hour chart reveals …
Read More »Wall Street Cheers Dow Rally — Eyes Now on the 45,000 Mark! 23/7/2025
DowJones
Read More »Canadian Dollar’s Upward Momentum Loses Steam 23/7/2025
The USD/CAD pair came under renewed bearish pressure after failing to maintain stability above the 1.3670 level. This failure reversed the previously expected bullish scenario, with the pair falling to a session low of 1.3595. Technical Outlook – 4-Hour Timeframe: Short-term technical movements confirm a break below the ascending trendline, …
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