Technical Analysis

The Dow Jones Industrial Average (DJI30) witnessed bearish movements during yesterday’s trading session, following a series of record closings. Technical Outlook for Today’s Session – 4-Hour Timeframe: Technically, the 50-day simple moving average (SMA) is a barrier pressuring the price from above and acting as a resistance level. The RSI …

The USD/CAD pair recovered gradually from previous session losses, posting a bullish rebound that lifted the pair to a high of 1.3865. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support the potential for a bullish daily price path, reinforced by the pair’s stability above the …

Negative trading dominated the movements of the GBP/USD pair during the morning session, following its failure to achieve a daily close above the psychological resistance at 1.3500. Technical Outlook – 4-hour timeframe: The pair’s continued stability below the simple moving average strengthens the likelihood of sustained selling pressure, particularly with …

An uptrend has regained control of US WTI crude oil futures, with prices beginning to test the psychological resistance level at $65.00 per barrel. Technical Outlook – 4-hour timeframe: Intraday movements show a modest corrective bias following the previous session’s rise, yet upward rebound attempts remain active. The 50-period simple …

Gold prices (XAU/USD) traded in a narrow, sideways-to-negative range, reaching a low of $3,351 per ounce. Technical Outlook – 4-hour timeframe: Prices remain anchored by strong support at $3,355, which serves as a foundation for stability. The 50-period simple moving average is also acting as additional support, improving the chances …

A bearish trend dominated the EUR/USD pair at the start of this week’s trading, erasing the gains it had previously achieved against the US dollar. Technical Outlook – 4-hour timeframe: The pair’s failure to hold above the psychological resistance at 1.1700 has led to renewed downside pressure, with current movements …

The Dow Jones Industrial Average (DJI30) saw mixed movements with a downward bias during the previous session after recording a high of 45004. Technical Outlook – 4-Hour Timeframe Technically, the 50-day Simple Moving Average has returned to exert pressure on the price from above. This is accompanied by negative signals …

The USD/CAD pair has been gradually rising, following the expected positive outlook. It touched the first technical station at 1.3920 after reaching its highest level during the current session’s early trading at 1.3915. Technical Outlook – 4-Hour Timeframe The pair successfully broke the resistance level of 1.3880, which has now …

The GBP-USD pair successfully touched its first target of 1.3420 during the previous session, reaching its lowest level during today’s morning session at 1.3393. Technical Outlook – 4-Hour Timeframe The price’s continued stability below the Simple Moving Average increases the likelihood of extended selling pressure, especially with the clear negative …

Futures prices for West Texas Intermediate (WTI) crude oil temporarily regained their upward trend during the previous session after clearly breaking the resistance level of 62.50, reaching a high of $63.64 per barrel. Technical Outlook – 4-Hour Timeframe Intraday movements show a downward bias as part of a natural corrective …