Gold traded mixed yesterday, with intraday movements stabilizing near the early high of $4,216 per ounce, reflecting a wait-and-see sentiment ahead of the next directional move. Technical Outlook – 4-Hour Timeframe: Staying above the simple moving averages continues to provide positive momentum and dynamic support, which may encourage further upside …
Read More »
The EUR/USD pair met the previously anticipated target at 1.1670, reaching a high of 1.1682. Technical Outlook – 4-Hour Timeframe: Positive momentum continues to build, supported by simple moving averages that have begun to cross upward, reinforcing the bullish trend. The Relative Strength Index (RSI) is also showing a positive …
Read More »
The Dow Jones Industrial Average (DJIA) extended its gains on Wall Street, reaching a high of 47,671. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to support the broader upward trend and provides consistent positive momentum. The Relative Strength Index (RSI) is also delivering positive signals, …
Read More »
The USD/CAD pair saw a sharp decline after failing to sustain trading above the key psychological resistance at 1.4000, pushing the pair firmly into a bearish trend. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to apply downward pressure, reducing the likelihood of any meaningful recovery. The Relative Strength …
Read More »
Positive momentum has returned to support the GBP/USD pair, benefiting from the recent decline in the US dollar. Technical Outlook – 4-Hour Timeframe: The simple moving averages are once again providing upward support, reinforcing the bullish bias. The Relative Strength Index (RSI) is also showing positive signals, indicating renewed strength …
Read More »
Selling pressure continues to dominate U.S. crude oil futures, with price action stabilizing near the session low at $58.66. Technical Outlook – 4-Hour Timeframe: Oil remains pressured along a descending trendline, maintaining a bearish structure. The lack of support from the 50-period simple moving average reinforces the downside bias and …
Read More »
Gold prices rebounded strongly in the previous session, reaching a high of $4,236 per ounce. Technical Outlook – 4-Hour Timeframe: Simple moving averages are providing positive momentum and acting as dynamic support, which may support further upside movement. The Relative Strength Index (RSI) continues to send bullish signals, reflecting a …
Read More »
An upward trend continues to dominate the EUR/USD pair after successfully finding support at the key psychological level of 1.1600. Technical Outlook – 4-Hour Chart: Bullish signals are aligning clearly: simple moving averages have turned upward with positive crossovers, strengthening the current momentum. The Relative Strength Index (RSI) is also …
Read More »
The Dow Jones Industrial Average traded with a positive bias on Wall Street, posting a high of 46,655. Technical Outlook – 4-Hour Timeframe The 50-period Simple Moving Average (SMA) continues to support the prevailing daily uptrend, reinforcing the bullish structure. At the same time, the RSI is attempting to generate …
Read More »
A gradual and consistent upward move continues to shape the USD/CAD pair, with intraday trading showing stability near the early-session high of 1.4120. Technical Outlook – 4-Hour Timeframe The simple moving averages remain supportive beneath the price, reinforcing bullish momentum. The RSI is also sending clear positive signals after successfully …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
