The GBP/USD pair attempted to move higher at the start of the week, reaching a peak near 1.3428 before facing resistance. Technical Outlook – 4-Hour Timeframe: The pair was rejected from this level, triggering a short-term bearish correction. The Relative Strength Index (RSI) has started to generate negative signals on …
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Mixed movements continue to dominate XAU/USD within a short-term upward trend. Technical Outlook – 4-Hour Timeframe: Intraday price action shows a downward bias due to trading below the 4300 resistance level, while the Relative Strength Index (RSI) is working to ease overbought conditions. At the same time, the 50-day Simple …
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The USD/CAD pair is experiencing a sharp decline within a strong downward trend after breaking the key support level at 1.3900. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue to apply downward pressure from above, with no dynamic resistance in place, while the pair moves along a steep …
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An upward trend dominated the GBP/USD pair at the end of last week’s trading, reaching a high of 1.3363. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, supporting ongoing upward attempts. This is reinforced by positive divergence signals on the Relative Strength Index (RSI), along …
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Gold (XAU/USD) continued to show mixed, indecisive movements, fluctuating between upward and downward attempts without establishing a clear short-term trend, as traders remained cautious and hesitant. Technical Outlook – 4-Hour Timeframe: Trading below the key resistance level at 4245 keeps the bearish scenario valid, supported by clear negative signals from …
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A gradual downward trend dominated USD/CAD movements, with the pair reaching a low of 1.3925. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue to apply downward pressure, while the pair trades along a steep descending trend line—both reinforcing the bearish structure. Likely Scenario: As long as the price …
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The British pound (GBP/USD) recorded a notable surge, posting strong gains yesterday near 1.3390. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, reinforcing the ongoing upward movement, supported further by positive divergence signals on the Relative Strength Index (RSI). As long as daily trading holds …
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Gold traded mixed yesterday, with intraday movements stabilizing near the early high of $4,216 per ounce, reflecting a wait-and-see sentiment ahead of the next directional move. Technical Outlook – 4-Hour Timeframe: Staying above the simple moving averages continues to provide positive momentum and dynamic support, which may encourage further upside …
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The USD/CAD pair saw a sharp decline after failing to sustain trading above the key psychological resistance at 1.4000, pushing the pair firmly into a bearish trend. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to apply downward pressure, reducing the likelihood of any meaningful recovery. The Relative Strength …
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Positive momentum has returned to support the GBP/USD pair, benefiting from the recent decline in the US dollar. Technical Outlook – 4-Hour Timeframe: The simple moving averages are once again providing upward support, reinforcing the bullish bias. The Relative Strength Index (RSI) is also showing positive signals, indicating renewed strength …
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