Gold prices failed to maintain their upward momentum and began today’s session under renewed selling pressure, breaching the key support level at $3295 — a level we previously identified as a critical threshold for sustaining the bullish outlook. In early trading, gold dipped to a low of $3284 at the …
Read More »Dollar Dominates as Euro Retreats 9/7/2025
The EUR/USD pair has successfully activated the expected bearish scenario outlined in the previous technical report, reaching the first corrective target at 1.1690 and recording a session low of 1.1682. Technical Outlook – 4-Hour Timeframe: The technical picture continues to show bearish pressure on the pair. The 50-period Simple Moving …
Read More »Selling Pressure Ends Dow Jones Session in the Red 8/7/2025
Oil, Crude, trading
Read More »CAD Holds on to Support Amid Weak Momentum 8/7/2025
During yesterday’s trading, the Canadian dollar faced strong resistance near 1.3685, which effectively capped the upside and pressured the pair lower. At the time of writing, USD/CAD is trading around 1.3655, remaining under the influence of that resistance zone. Technical Indicators The simple moving averages are acting as dynamic resistance, …
Read More »GBP Losing Steam Versus the Dollar 8/7/2025
Oil, Crude, trading
Read More »Oil at a Crossroads: Temporary Correction or New Trend? 8/7/2025
After a sustained period of strong declines, U.S. crude oil prices staged a bullish technical rebound in the previous session, reaching a session high of $68.25 per barrel. Technical Outlook – 4-Hour ChartThe current technical landscape reveals mixed signals: The simple moving averages have shifted to provide support from below, …
Read More »Will Gold Rally After Establishing Support? 8/7/2025
Gold prices recorded a strong session of positive movement, rebounding sharply after finding firm support at the key $3295 level. The recovery led to an intraday high of $3345 per ounce, highlighting a technical bounce from oversold territory. Technical Outlook – 4-Hour TimeframeThe $3345 zone is currently acting as a …
Read More »Euro’s Rally Threatened by Current Resistance Level 8/7/2025
The EUR/USD pair continues to trade within a well-defined upward trajectory, edging closer to the key psychological resistance at 1.1800, with a session high recorded at 1.1790. Technical Outlook – 4-Hour Chart:Price action indicates strong resistance near the 1.1800 threshold, which has prompted some intraday pullbacks. Additionally, the 50-period simple …
Read More »Dow Jones Ignites Markets with a Sharp Rally 2/7/2025
Oil, Crude, trading
Read More »CAD Resists Further Decline but Remains in a Bearish Trend 2/7/2025
The USD/CAD pair recorded modest gains during today’s session as it attempted to recover from recent losses, showing cautious bullish momentum in intraday trading. Technical Outlook – 4-hour Chart:Despite the slight rebound, the pair remains under pressure from the simple moving averages acting as dynamic resistance. Additionally, the Relative Strength …
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