Technical Analysis

Mixed trading continues to dominate US crude oil futures prices, lacking a clear direction and influenced by ongoing geopolitical tensions. Technical Outlook – 4-Hour Timeframe: Immediate trading is clearly upward after reaching $79.00. The Relative Strength Index (RSI) reached oversold territory, prompting a quick price rebound. However, the price remains …

Gold prices (XAU/USD) achieved strong gains at the end of last week’s trading, in line with previous positive expectations. These expectations indicated that breaking the resistance level of 4800 could push prices towards 4870, which was indeed achieved with a high of 4891. Technical Outlook – 4-Hour Timeframe: In the …

The EUR/USD pair reached the target mentioned in the previous technical report at 1.1850, hitting a high of 1.1849 before encountering selling pressure. Technical Outlook – 4-Hour Timeframe: In the short term, the pair entered a corrective downtrend influenced by the strength of the US dollar. The price failed to …

The Dow Jones Industrial Average on Wall Street recovered, aligning with our positive expectations, and is gradually rising towards our target of 48,930, reaching a high of 48,893. Technical Outlook – 4-Hour Timeframe: The price remaining above the 50-day simple moving average increases the likelihood of further gains, supported by …

The USD/CAD pair achieved the downward targets outlined in the previous technical report, reaching the official target of 1.3710 and hitting a low of 1.3679. Technical Outlook – 4-Hour Timeframe: The simple moving averages are exerting downward pressure on the price, along with the consistent trading within a descending corrective …

The British pound came under negative pressure against the US dollar as it approached the psychological resistance level of 1.3600, forcing it into a downward trend. Technical Outlook – 4-Hour Timeframe: Despite the downward bias, the simple moving averages are still supporting the price from above. Additionally, positive signals are …

The downward trend continued to dominate the price movements of US crude oil futures, following the bearish trajectory outlined in the previous technical report. Technical Outlook – 4-Hour Timeframe: In the short-term market, the simple moving averages continue to act as dynamic resistance levels, exerting downward pressure on the price …

Gold (XAU/USD) saw mixed trading during the previous session, with the price facing some selling pressure due to the strong resistance level of 4800, which continues to represent a key obstacle to further upward movement. Technical Outlook – 4-Hour Timeframe: The price successfully recovered above the 50-day simple moving average, …

Mixed trading is dominating the EUR/USD pair, which maintains a gradual and quiet upward movement, hovering near the psychological barrier of 1.1800. Technical Outlook – 4-Hour Timeframe: In the short term, the pair is holding above the 50-day simple moving average, reinforcing the corrective uptrend. The Relative Strength Index (RSI) …

Dow Jones Industrial Average Technical Analysis The Dow Jones Industrial Average on the New York Stock Exchange has advanced in line with the bullish trend outlined in our previous technical report, reaching the official target of 48,800 and recording a session high of 48,810. Technical Outlook – 4-Hour Timeframe: Price …