Technical Analysis

The Dow Jones Industrial Average (DJI30) turned bearish after facing strong resistance near 45,560, triggering downside pressure and negative trades. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is pressing on the price from above, reinforcing its role as a resistance level that may limit further upside attempts. …

The USD/CAD pair is moving with a bearish bias after retreating from the 1.3850 resistance level, which capped previous highs and pressured the pair into a short-term downtrend. Technical Outlook – 4-hour timeframe: Support is emerging near the 1.3800 level on short-term charts. However, the Relative Strength Index (RSI) has …

The GBP/USD pair continues its gradual intraday recovery, attempting to consolidate above the key psychological support at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has successfully exited oversold territory and is beginning to deliver positive signals that could restore bullish momentum. In addition, price action is …

US crude oil futures (WTI) rebounded from the pivotal support at 61.60, with stability above this level reinforcing the intraday bullish wave. Technical Outlook – 4-hour timeframe: Holding above 61.60 provided the foundation for a solid rebound, with the Relative Strength Index (RSI) confirming renewed momentum after recovering from oversold …

Gold prices (XAU/USD) reached a fresh all-time high at $3,600 per ounce before easing into a natural pullback driven by profit-taking. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has begun to unwind from overbought levels, adding mild pressure on prices. However, the broader structure remains constructive, with …

The EUR/USD pair experienced intraday profit-taking after failing to break through the key resistance at 1.1760, resulting in a limited bearish range. Technical Outlook – 4-hour timeframe: Intraday movements currently reflect a bearish bias as the pair corrected from overbought conditions. The Relative Strength Index (RSI) has begun to issue …

The Dow Jones Industrial Average (DJI30) turned bearish after facing strong resistance near 45,606, which triggered downside pressure and some negative trades. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is weighing on the price from above, acting as resistance and potentially limiting any recovery attempts. The Relative …

The downward corrective trend highlighted in the previous report has paused, with the USD/CAD pair beginning the day’s trading on strong footing, posting notable gains. Technical Outlook – 4-hour timeframe: The pair is currently testing the psychological resistance at 1.3800. Simple moving averages have shifted back to support the price …

The GBP/USD pair posted sharp losses in the previous trading session after encountering strong resistance at 1.3550, the prior target level. Technical Outlook – 4-hour timeframe: Current price action reflects a clear bearish bias following a break of the short-term ascending trend line. In addition, the pair continues to trade …

US crude oil futures extended their bullish momentum in line with the outlook from the previous report, climbing to a high near the psychological barrier of $66.00 per barrel. Technical Outlook – 4-hour timeframe: The price is moving within an upward corrective channel, supported by the breakout above the 65.00 …