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EUR/USD Under Bearish Pressure Below 1.17200

EUR/USD is trading with a bearish intraday bias, holding below the key pivot level at 1.17200, which reflects ongoing selling pressure and weak upward momentum. As long as the pair remains below this level, the downside scenario is favored, with expected targets at 1.16800 followed by 1.16600 if the decline continues. However, if the pair reverses direction and breaks above 1.17200, a corrective rebound may develop, opening the path toward 1.17400 and then 1.17700. Overall, sustained trading below 1.17200 supports further downside toward 1.16800 in the near term.

writer

Highness

May 05, 2026
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technical_analysis_articles
Dow Jones Holds Strong Bullish Bias Above 48700

The Dow Jones Index continues to trade with a solid bullish intraday tone, maintaining stability above the key pivot level at 48700, which reflects sustained buying interest and positive market momentum. As long as the index holds above this level, the upward scenario remains favored, with expected targets at 49840 followed by 50500 if the rally extends. However, if the index fails to maintain support above 48700, a corrective move may develop, pushing the price toward 48300 and then 47600. Overall, continued trading above 48700 supports the potential for further gains toward 50500 in the near term.

writer

Highness

May 05, 2026
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technical_analysis_articles
Gold Remains Under Bearish Pressure Below 4560

Gold/USD is trading with a clear bearish intraday bias, holding below the key pivot level at 4560, which reflects continued selling pressure and weak bullish momentum. As long as the price remains under this level, the downside scenario is favored, with expected targets at 4500 followed by 4480 if the decline extends. However, if the price reverses and breaks above 4560, a corrective rebound may take place, opening the way toward 4600 and then 4660. Overall, sustained trading below 4560 supports further downside toward 4500 in the near term.

writer

Highness

May 05, 2026
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technical_analysis_articles
US Dollar Index Holds Bullish Bias Above 98.20

The US Dollar Index is trading with a bullish intraday tone, maintaining stability above the key pivot level at 98.20, which reflects improving momentum and continued buying interest. As long as the index remains above this level, the upside scenario is favored, with expected targets at 98.60 followed by 99.00 if the upward movement continues. However, if the index fails to hold above 98.20, a corrective pullback may develop, pushing the price toward 98.00 and then 97.70. Overall, sustained trading above 98.20 supports further gains toward 99.00 in the near term.

writer

Highness

May 05, 2026
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technical_analysis_articles
Oil Extends Bullish Trend Above 112.00

Oil/USD continues to trade with a strong bullish intraday bias, holding above the key pivot level at 112.00, which reflects sustained buying pressure and positive market sentiment. As long as the price remains above this level, the upside scenario is favored, with expected targets at 116.00 followed by 120.00 if the momentum persists. However, if the price fails to maintain stability above 112.00, a corrective decline may occur, pushing it toward 110.00 and then 106.00. Overall, continued trading above 112.00 supports further gains toward 120.00 in the near term.

writer

Highness

May 05, 2026
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technical_analysis_articles
EUR/USD Maintains Bullish Momentum Above 1.17190

EUR/USD is trading with a clear bullish intraday bias, holding above the key pivot level at 1.17190, which reflects sustained buying pressure and improving market sentiment. As long as the pair remains above this level, the upward scenario is favored, with expected targets at 1.17700 followed by 1.17850 if momentum continues. However, if the pair reverses direction and falls below 1.17190, a corrective decline may take place, pushing the price toward 1.16800 and then 1.16580. Overall, stability above 1.17190 supports further upside potential toward 1.17850 in the near term.

writer

Highness

May 04, 2026
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technical_analysis_articles
Dow Jones Extends Bullish Momentum Above 48700

The Dow Jones Index is trading with a strong bullish intraday bias, holding firmly above the key pivot level at 48700, which reflects continued buying interest and positive market sentiment. As long as the index remains above this level, the upside scenario is favored, with expected targets at 49840 followed by 50500 if momentum persists. However, if the index fails to maintain support above 48700, a corrective pullback may develop, pushing the price toward 48300 and then 47600. Overall, sustained trading above 48700 strengthens the outlook for further gains toward 50500 in the near term.

writer

Highness

May 04, 2026
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technical_analysis_articles
Gold Trades Sideways Around 4660 with Mixed Signals

Gold/USD is moving within a sideways intraday range, fluctuating around the key pivot level at 4660, reflecting a state of indecision in the market. Price action remains balanced, with both bullish and bearish scenarios possible depending on direction from this level. If bullish momentum emerges, the price may rise toward 4700 followed by 4730. On the other hand, if selling pressure increases and the price remains below 4660, the downside scenario becomes more likely, targeting 4560 and then 4510. Overall, continued trading below 4660 supports a potential move toward 4560 in the near term.

writer

Highness

May 04, 2026
blog Images
technical_analysis_articles
US Dollar Index Weakens Below 98.20

The US Dollar Index is trading with a clear bearish intraday bias, remaining below the key pivot level at 98.20, which reflects ongoing selling pressure and weakening momentum. As long as the index stays under this level, the downside scenario remains dominant, with expected targets at 97.80 followed by 97.50 if the decline continues. However, if the index manages to reverse and move above 98.20, a corrective rebound may develop, opening the path toward 98.50 and then 99.00. Overall, continued trading below 98.20 increases the likelihood of further downside toward 97.80 in the near term.

writer

Highness

May 04, 2026

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