Tag Archives: fomc minutes

The USD/CAD pair is consolidating near the psychological resistance at 1.3800, but has yet to achieve a decisive breakout. Technical Outlook – 4-hour timeframe: The 1.3800 level remains a firm resistance zone on short-term charts, while the Relative Strength Index (RSI) is beginning to issue negative signals, reflecting waning momentum …

The technical outlook for the GBP/USD pair remains unchanged, with price action showing little variation as the pair continues its gradual intraday recovery, attempting to hold above the key psychological support at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has cleared oversold territory and is beginning …

Gold prices (XAU/USD) extended their rally to new record highs, building on the bullish trajectory highlighted in the previous report. After decisively breaching the 3,600 resistance, the metal advanced toward successive resistance levels, reaching an intraday high of $3,657 per ounce during today’s morning trade. Technical Outlook – 4-hour timeframe: …

The USD/CAD pair is moving with a bearish bias after retreating from the 1.3850 resistance level, which capped previous highs and pressured the pair into a short-term downtrend. Technical Outlook – 4-hour timeframe: Support is emerging near the 1.3800 level on short-term charts. However, the Relative Strength Index (RSI) has …

The GBP/USD pair continues its gradual intraday recovery, attempting to consolidate above the key psychological support at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has successfully exited oversold territory and is beginning to deliver positive signals that could restore bullish momentum. In addition, price action is …

Gold prices (XAU/USD) reached a fresh all-time high at $3,600 per ounce before easing into a natural pullback driven by profit-taking. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) has begun to unwind from overbought levels, adding mild pressure on prices. However, the broader structure remains constructive, with …

The downward corrective trend highlighted in the previous report has paused, with the USD/CAD pair beginning the day’s trading on strong footing, posting notable gains. Technical Outlook – 4-hour timeframe: The pair is currently testing the psychological resistance at 1.3800. Simple moving averages have shifted back to support the price …

The GBP/USD pair posted sharp losses in the previous trading session after encountering strong resistance at 1.3550, the prior target level. Technical Outlook – 4-hour timeframe: Current price action reflects a clear bearish bias following a break of the short-term ascending trend line. In addition, the pair continues to trade …

Gold prices (XAU/USD) extended their rally to fresh all-time highs, continuing the strong bullish trend and recording a new peak at $3,547 per ounce. Technical Outlook – 4-hour timeframe: The broader trend remains firmly bullish, with price action supported by movement along the ascending trend line and continued stability above …

A bearish corrective trend continues to dominate the USD/CAD pair after failing to sustain gains above the psychological barrier of 1.3800. Technical Outlook – 4-hour timeframe: The pair has broken below the ascending support line, as shown on the chart, alongside the continuation of a negative crossover in the simple …