Mixed trading with a bearish tilt characterized the EUR/USD pair’s movement in the previous session, following its failure to hold above the extended resistance zone of 1.1450/1.1440. This hesitation at key resistance reflects temporary exhaustion after the recent bullish run. From a technical standpoint, the Relative Strength Index (RSI) is …
Read More »Dow Jones Receives Positive Signals 10/6/2025
Oil, Crude, trading
Read More »CAD Gives In to Negative Pressure 10/6/2025
The Canadian dollar remains under clear downward pressure, with the USD/CAD pair extending losses across multiple sessions and registering a new low at 1.3669 during the week’s opening trade. From a technical standpoint, the 4-hour chart shows persistent bearish momentum, with simple moving averages (SMAs) pressing down from above and …
Read More »GBP Attempts to Recover from Temporary Weakness 10/6/2025
Oil, Crude, trading
Read More »Oil Records Notable Gains 10/6/2025
US crude oil futures extended their recent rally, posting additional gains at the start of the week and reaching a session high of $65.62 per barrel. From a technical standpoint, despite heightened intraday volatility following the recent surge, the broader trend remains bullish. A closer inspection of the 4-hour chart …
Read More »Euro Starts Testing Resistance Levels 10/6/2025
Positive momentum continues to influence the EUR/USD pair, with price action attempting to challenge the key psychological resistance at 1.1400, after reaching a session high near 1.1440 in the previous trading day. From a technical standpoint, today’s outlook remains tilted to the upside. The pair is benefiting from stable trading …
Read More »Dow Jones Faces Bearish Pressure 3/6/2025
Oil, Crude, trading
Read More »CAD Retests Resistance Levels 3/6/2025
The downtrend continues to dominate the Canadian dollar’s movements, with the pair recording a session low of 1.3674 in the previous trading session—a level that acted as solid support, temporarily halting further losses. From a technical perspective, the 4-hour chart shows the pair attempting to recover from oversold conditions. However, …
Read More »GBP Tries to Relieve Overbought Pressures 3/6/2025
Oil, Crude, trading
Read More »Oil Hovers Near Overbought Levels 3/6/2025
US crude oil futures surged, gaining over 3.00% and reaching a high of $63.84 per barrel. Technically, after reaching this level, price action became more volatile, but the broader daily trend remains bullish. The 4-hour chart shows that the simple moving averages continue to provide dynamic support, particularly around $61.80. …
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