The USD/CAD pair has come under renewed short-term downside pressure after reaching a high near 1.3686 in the previous session, allowing a temporary corrective downtrend to reassert itself. Technical Outlook – 4-Hour Chart Despite the recent pullback, simple moving averages are once again acting as a potential support zone, which …
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The GBP/USD pair is showing a short-term upward move as it attempts to recover losses from previous sessions, currently stabilizing above the 1.3700 level. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive position, providing positive momentum and encouraging intraday upside attempts. The Relative Strength …
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Gold prices (XAU/USD) staged a notable rebound during early trading today, climbing to a high near $5,082 at the time of writing, as the market attempts to recover part of the losses recorded in previous sessions. Technical Outlook – 4-Hour Chart Daily Trend: Still BearishDespite the short-term rebound and price …
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An upward bias is currently dominating USD/CAD after the pair found firm support near the 1.3610 level, allowing bullish momentum to gradually build. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, acting as a dynamic base that could encourage further upside. This is …
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The GBP/USD pair is showing a short-term recovery, with upward price action attempting to offset losses from previous sessions. Technical Outlook – 4-Hour Chart Simple moving averages have shifted into a supportive role, providing positive momentum and encouraging intraday upside attempts. The Relative Strength Index (RSI) is also trying to …
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Gold prices (XAU/USD) staged a notable rebound after a sharp sell-off, finding strong support near the 4,400 level. This rebound helped ease selling pressure and triggered a short-term recovery in price action. Technical Outlook – 4-Hour Chart Daily Trend: Still BearishDespite the recent bounce, the broader daily trend for gold …
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The USD/CAD pair has come under renewed selling pressure after failing to sustain gains above the 1.3920 resistance area. Technical Outlook – 4-Hour Chart Price action has slipped back below the simple moving averages, which are now positioned beneath a strong resistance zone, increasing the probability of further downside. This …
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A short-term bullish bias has returned to the GBP/USD pair after it successfully worked off overbought conditions, allowing price action to stabilize and recover. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, providing positive momentum and reinforcing the potential for further upside during …
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Gold prices (XAU/USD) staged an exceptional rally, surpassing all technical targets outlined in the previous report at $4,750. During early trading, the metal surged to a new all-time high near $4,877 per ounce, reflecting overwhelming buying pressure and strong bullish conviction. Technical Outlook – 4-Hour Chart Overall Trend Remains BullishThe …
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The USD/CAD pair continues to move within a gradual upward trajectory, in line with the bullish scenario outlined in our previous report. The pair is now approaching the 1.3940 target, currently trading near 1.3920. Technical Outlook – 4-Hour Chart The corrective uptrend remains firmly in control, supported by price action …
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