A bullish rebound is attempting to take control after price held above the 1.4000 psychological floor. Technical outlook SMAs: Price is trading above the simple moving averages, lending support to upside attempts. RSI: Momentum signals are constructive, consistent with further recovery potential. Base case (bullish while above 1.4000) Former resistance …
Read More »
The pair is trying to base, but 1.3190 resistance is capping upside and limiting consolidation attempts. Technical outlook RSI: Despite oversold readings, momentum signals remain negative, underscoring a dominant downtrend. 50-SMA (4H): Price still above the average, offering some underlying support—hence the mixed setup. Trade map (wait for confirmation) Bearish …
Read More »
Gold confirmed the bearish trigger highlighted previously: a clean break below $4,055/$4,050 shifted near-term structure lower and extended losses toward the $4,004 area. Technical outlook Trend/50-SMA: Price is below the 50-SMA, which now acts as dynamic resistance, reinforcing downside control. Momentum (RSI): Firm negative signals support continued selling pressure. Base …
Read More »
USD/CAD is under pressure after two steep down sessions, now testing the 1.4000 psychological support. Technical outlook Trend/SMAs: Price is tracking a sharp downtrend, capped by descending simple moving averages that act as dynamic resistance. RSI: Clear negative momentum signals align with the bearish structure. Base case (bearish while below …
Read More »
Sterling fell for a second session after failing to hold above the 1.3200 psychological level, shifting near-term momentum negative. Technical outlook RSI: Still printing negative signals despite oversold readings—consistent with a dominant downtrend. 50-SMA (4H): Price is holding above the moving average, offering some underlying support—hence the mixed picture. Trade …
Read More »
Gold chopped within a wide range, sliding to $4,145 after tagging $4,245. Technical outlook SMAs: Still trending beneath price and supporting momentum from below. RSI: Reset from prior overbought and remains constructive, keeping scope for another topside attempt. Base case (bullish bias while above $4,155 / $4,145) Holding $4,155—and more …
Read More »
USD/CAD — 4H Technical Update The pair sold off sharply, tracking a bearish double-top break. Technical outlook Trend/SMAs: Price is sliding within a steep downchannel, capped by descending SMAs acting as dynamic resistance. RSI: Firmly negative, consistent with sustained downside pressure. Base case (bearish while below 1.4040) Maintaining trade beneath …
Read More »
After four straight up sessions, the pair slipped, printing a 1.3117 low. Technical outlook RSI: Still sending negative signals. 50-SMA (4H): Price is holding above it, preserving some underlying support—hence the mixed read. Trade map (wait for confirmation) Bearish trigger: A decisive break/4H close below 1.3105 would likely extend losses …
Read More »
Gold extended higher after clearing $4,090, printing a $4,149 high. Technical outlook SMAs: Trending beneath price and supporting momentum from below. RSI: Back to constructive readings after resetting from prior overbought—consistent with a minor bullish wave. Base case (bullish while above $4,087) Holding $4,087 keeps the upside favored. A decisive …
Read More »
USD/CAD extended its advance in line with prior bullish calls, tagging the 1.4120 target and printing a 1.4140 high. Technical outlook Structure: The break above the descending trendline is intact. SMAs: Simple moving averages have rotated beneath price, providing support. RSI: Easing from overbought without breaking down—consistent with scope for …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
