Technical Analysis

USD/CAD Technical Analysis The USD/CAD pair is staging a gradual short-term recovery, attempting to claw back its prior losses. The pair is currently hovering around the 1.3635 resistance zone, having so far failed to establish a foothold above it. Technical Outlook – 4-Hour Timeframe The simple moving averages across the …

GBP/USD Technical Analysis The GBP/USD pair has pulled back in a short-term retreat, unfolding as part of a natural profit-taking phase in the wake of the preceding bullish rally. Technical Outlook – 4-Hour Timeframe: Across the short-term landscape, the bias leans modestly bullish, underpinned by the price holding above the …

US Crude Oil (WTI) Technical Analysis The bullish trend continues to govern the price action of US crude oil (WTI) futures, with the contract climbing to an intraday high of $97.77 during the early hours of today’s session. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, prices remain firmly …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) endured a negative trading session during the previous period, encountering intense selling pressure that drove the metal beneath the pivotal support level at $4,700 — a development that underscores the continued dominance of sellers in the short-term landscape. Technical Outlook – 4-Hour Timeframe: …

The EUR/USD pair has maintained a downward trajectory since the opening of this week’s trading sessions, unfolding as part of a corrective phase following the preceding bullish rally. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the pair ran into formidable resistance in the vicinity of 1.1750, which triggered …

A downward trend has returned to dominate the Dow Jones Industrial Average on Wall Street after it failed to break above the 49,800 level, forcing it into negative territory. Technical Outlook for Today’s Session – 4-Hour Timeframe: The Relative Strength Index (RSI) is giving negative signals, remaining below the 50 …

The USD/CAD pair is gradually declining within a bearish context, reaching its lowest level during early trading today around 1.3643. Technical Outlook – 4-Hour Timeframe: The simple moving averages on shorter timeframes have returned to exert downward pressure on price action, establishing a dynamic resistance level. On the other hand, …

The GBP/USD pair declined after failing to break through the 1.3530 resistance level, pushing it into a downward trend and testing the 1.3500 support level. Technical Outlook – 4-Hour Timeframe: In the short term, the trend is bearish, supported by a bearish crossover of the simple moving averages, which reinforces …

The upward trend has returned to dominate the movements of US crude oil (WTI) futures contracts, despite the fluctuating prices in recent sessions, indicating continued positive momentum in the short term. Technical Outlook – 4-Hour Timeframe: In the short term, prices are holding above the simple moving averages, which have …

Gold (XAU/USD) prices faced significant selling pressure during the previous session, retreating toward the key support level of 4700 as the market attempts to stabilize following a recent downward correction. Technical Outlook – 4-Hour Timeframe: The intraday outlook remains cautious as trading continues below the simple moving averages, which are …