Tag Archives: fomc minutes

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) retreated during the previous session after failing to sustain trading above the $4,600 mark, sliding to an intraday low of $4,510 — a move that underscores the persistence of selling pressure on the metal. Technical Outlook – 4-Hour Timeframe: In the short term, …

USD/CAD Technical Analysis The USD/CAD pair is staging a gradual short-term recovery, attempting to claw back its prior losses. The pair is currently hovering around the 1.3635 resistance zone, having so far failed to establish a foothold above it. Technical Outlook – 4-Hour Timeframe The simple moving averages across the …

GBP/USD Technical Analysis The GBP/USD pair has pulled back in a short-term retreat, unfolding as part of a natural profit-taking phase in the wake of the preceding bullish rally. Technical Outlook – 4-Hour Timeframe: Across the short-term landscape, the bias leans modestly bullish, underpinned by the price holding above the …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) endured a negative trading session during the previous period, encountering intense selling pressure that drove the metal beneath the pivotal support level at $4,700 — a development that underscores the continued dominance of sellers in the short-term landscape. Technical Outlook – 4-Hour Timeframe: …

The USD/CAD pair is gradually declining within a bearish context, reaching its lowest level during early trading today around 1.3643. Technical Outlook – 4-Hour Timeframe: The simple moving averages on shorter timeframes have returned to exert downward pressure on price action, establishing a dynamic resistance level. On the other hand, …

The GBP/USD pair declined after failing to break through the 1.3530 resistance level, pushing it into a downward trend and testing the 1.3500 support level. Technical Outlook – 4-Hour Timeframe: In the short term, the trend is bearish, supported by a bearish crossover of the simple moving averages, which reinforces …

Gold (XAU/USD) prices faced significant selling pressure during the previous session, retreating toward the key support level of 4700 as the market attempts to stabilize following a recent downward correction. Technical Outlook – 4-Hour Timeframe: The intraday outlook remains cautious as trading continues below the simple moving averages, which are …

The USD/CAD pair successfully achieved the first target outlined in our previous technical report at 1.3630, maintaining its anticipated downward trajectory. Technical Outlook – 4-Hour Timeframe: On the shorter timeframes, the simple moving averages have resumed their role as dynamic resistance, exerting consistent downward pressure on price action. This bearish …

The GBP/USD pair maintained a modest upward bias during the previous session, reaching a daily peak of 1.3544. Technical Outlook – 4-Hour Timeframe: In the short term, price action is encountering a minor downward correction as the Relative Strength Index (RSI) moves into overbought territory. This technical cooling-off phase may …

Gold (XAU/USD) prices traded sideways in a narrow range during the previous session, fluctuating between support at 4770 and resistance at 4830, indicating a wait-and-see approach before a clearer direction emerges. Technical Outlook – 4-Hour Timeframe: In the short term, prices experienced some corrective selling pressure as they entered overbought …