Gold prices saw a strong rebound in the previous session, achieving a short-term upward correction within a broader downtrend, reaching the anticipated technical targets of $3327 and $3360, with a session high at $3358 per ounce. Technical Outlook (4-hour chart):The $3358 resistance level has proven to be a firm barrier, …
Read More »Dollar Retreats as Euro Catches Its Breath for a Climb 2/7/2025
The EUR/USD pair continues to follow a positive trajectory, in line with prior expectations, reaching the 1.1800 target and recording a session high of 1.1830. Technical Outlook (4-hour timeframe):Despite some mild profit-taking, technical indicators remain aligned with a continuation of the uptrend: The pair is trading consistently above the 50-day …
Read More »Dow Jones Rally Pauses at Key Technical Levels 26/6/2025
Oil, Crude, trading
Read More »CAD Struggles to Maintain Upbeat Momentum in a Cautious Market 26/6/2025
The USD/CAD pair exhibited cautious bullish behavior yesterday, aligning with the expected upward scenario and reaching a high near the key resistance level of 1.3760. From a technical standpoint today, the 240-minute chart reveals continued support from the simple moving averages, which are reinforcing the bullish sentiment. Additionally, the Relative …
Read More »Bullish Signal? GBP Pushes Through Resistance with Confidence 26/6/2025
Oil, Crude, trading
Read More »Crude Faces Heavy Selling — Where Could It Go from Here? 26/6/2025
US crude oil futures experienced narrow-range trading, showing only a slight upward inclination and reaching a high of $66 per barrel. From a technical perspective, oil prices are attempting to recover some of the recent losses during intraday movement, with current efforts focused on stabilizing above the $65.00 level. However, …
Read More »Controlled Rebound: Gold Rises Amid a Bearish Backdrop 26/6/2025
Gold prices showed limited movement during the previous trading session but opened the early hours with a cautious rise after approaching oversold levels, recording a high of $3,343. From a technical standpoint, gold appears to be attempting to recover some of its earlier losses. Intraday charts suggest a modest upward …
Read More »Euro Roars Back as USD Retreats! 26/6/2025
The euro extended its gains against the US dollar (EUR/USD), aligning with the bullish outlook anticipated in the previous technical analysis report. The pair successfully touched the official target at 1.1720. From a technical standpoint, the current session is showing continued strength. Price action remains stable above the key psychological …
Read More »Dow Jones: Is a Broader Rally on the Horizon? 25/6/2025
Oil, Crude, trading
Read More »CAD Holds on to Its Bullish Sentiment 25/6/2025
The USD/CAD pair received a positive boost during the previous trading session, successfully recording its highest level near the 1.3740 resistance level. From a technical analysis perspective today, and by examining the 240-minute chart, we find that the simple moving averages are still supporting the price from above, providing positive …
Read More »