Tag Archives: technical

U.S. crude oil futures posted strong gains in the previous session, reaching an intraday high of $68.61 per barrel. Technical Outlook – 4-Hour Timeframe: Price action remains supported by an ascending trend line, with the simple moving averages acting as dynamic support—indicating sustained bullish momentum. Notably, a positive divergence between …

Gold began the week with strong upward momentum, reaching its highest level in three weeks at $3,375 per ounce. This move aligns with the bullish scenario outlined in the previous technical report, which identified $3,360 as the initial resistance target. Technical Outlook – 4-Hour Timeframe: Gold has established a solid …

The USD/CAD pair has continued to move higher, in line with the bullish outlook outlined in the previous technical report, reaching the target at 1.3730 during recent trading. Technical Outlook – 4-Hour Timeframe: The pair remains supported by the 50-period Simple Moving Average (SMA), which reinforces the current bullish momentum. …

U.S. crude oil futures posted strong gains in the previous session, reaching an intraday high of $68.61 per barrel. Technical Outlook – 4-Hour Timeframe: Price action remains supported by an ascending trend line, with the simple moving averages acting as dynamic support—indicating sustained bullish momentum. Notably, a positive divergence between …

Gold prices posted a strong advance during today’s morning session, supported by the formation of a solid support base near $3,310—in line with the anticipated bullish scenario. The metal reached the initial upside target at $3,320, with a session high of $3,340 at the time of writing. Technical Outlook – …

The Canadian dollar pair defied the bearish expectations outlined in our previous report. The negative scenario had depended on sustained trading below the key resistance level at 1.3685. However, the pair managed to stage a short-term bullish technical rebound, invalidating the earlier downside bias. Technical Outlook – 4-Hour Timeframe: The …

We maintained a neutral stance in our previous report due to conflicting technical signals, clarifying that a steady break above the key resistance level at 68.00 could provide additional support for the upward movement. This has already happened, with the price successfully reaching 68.87. Technical Outlook – 4-Hour Timeframe: The …

Gold prices failed to maintain their upward momentum and began today’s session under renewed selling pressure, breaching the key support level at $3295 — a level we previously identified as a critical threshold for sustaining the bullish outlook. In early trading, gold dipped to a low of $3284 at the …

During yesterday’s trading, the Canadian dollar faced strong resistance near 1.3685, which effectively capped the upside and pressured the pair lower. At the time of writing, USD/CAD is trading around 1.3655, remaining under the influence of that resistance zone. Technical Indicators The simple moving averages are acting as dynamic resistance, …

After a sustained period of strong declines, U.S. crude oil prices staged a bullish technical rebound in the previous session, reaching a session high of $68.25 per barrel. Technical Outlook – 4-Hour ChartThe current technical landscape reveals mixed signals: The simple moving averages have shifted to provide support from below, …