The GBP/USD pair posted strong gains in the first trading session of the week, supported by weakness in the US dollar, and reached a new high near the 1.3550 target. Technical Outlook – 4-hour timeframe: Intraday price action is showing a mild bearish bias as a result of profit-taking following …
Read More »
Gold prices (XAU/USD) extended their rally in early trading of the current session, surpassing the previous target at 3,505 and recording a new high at 3,508, reflecting the persistence of strong bullish momentum. Technical Outlook – 4-hour timeframe: The broader trend remains bullish, supported by price action along the ascending …
Read More »
The USD/CAD pair declined in the previous trading session. As highlighted in our last report, we maintained a neutral stance due to conflicting technical signals, noting that a break below 1.3820 would apply negative pressure and open the way for a retest of 1.3790. The pair indeed extended losses, reaching …
Read More »
An uptrend has successfully taken control of GBP/USD trading, in line with the positive outlook highlighted in our previous technical report. The pair reached the projected target at the first resistance of 1.3500, recording a high of 1.3518. Technical Outlook – 4-hour timeframe: The price has firmly established itself above …
Read More »
Gold prices (XAU/USD) extended their gains yesterday, reaching the official target highlighted in the previous technical report at $3,399 per ounce. Technical Outlook – 4-hour timeframe: Intraday movements are currently reflecting a natural corrective pullback due to mild profit-taking. Despite this, prices remain firmly above the 50-period simple moving average, …
Read More »
The technical outlook remains unchanged, with the USD/CAD pair continuing to trade in a sideways range as conflicting technical signals persist. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is pressing down on the price from above, creating a resistance level that may limit upward attempts. At the …
Read More »
The GBP/USD pair is under negative pressure in the morning session as it approaches the psychological resistance level of 1.3500. Technical Outlook – 4-hour timeframe: The pair’s stability below the simple moving average continues to reinforce the possibility of extended downside pressure. However, the Relative Strength Index (RSI) has started …
Read More »
Gold prices (XAU/USD) posted strong gains in the previous session, achieving the projected technical target at $3,392 and recording a high of $3,393, in line with prior bullish expectations. Technical Outlook – 4-hour timeframe: The metal is trading firmly above the 50-period simple moving average, which continues to support the …
Read More »
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 …
Read More »
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 …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
