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Oil Maintains Bullish Momentum Above 107.00

Oil/USD is trading with a clear bullish intraday bias, holding above the key pivot level at 107.00, reflecting continued buying strength and positive market sentiment. As long as the price remains above this level, the upward scenario remains dominant, with expected targets at 112.00 followed by 115.00 if momentum continues. However, if the price fails to maintain its position above 107.00, a corrective decline may occur, pushing it toward 103.50 and then 100.00, which represent key support levels. Overall, stability above 107.00 strengthens the outlook for further gains toward 115.00 in the near term.

writer

Highness

May 04, 2026
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technical_analysis_articles
EUR/USD Trades Sideways Below 1.16770 with Bearish Pressure

EUR/USD is moving within a sideways intraday range, trading around the pivot level at 1.16770, while showing a slight bearish bias as price action remains under pressure below this key level. As long as the pair continues to trade below 1.16770, the downside scenario remains more likely, with expected targets at 1.16500 followed by 1.16300. On the other hand, if the pair reverses direction and breaks above 1.16770, a corrective upward move may develop, opening the path toward 1.17100 and then 1.17200. Overall, sustained trading below 1.16770 supports continued weakness toward 1.16500 in the near term.

writer

Highness

Apr 30, 2026
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technical_analysis_articles
Dow Jones Moves Sideways Around 48700

The Dow Jones Index is trading within a sideways intraday range, fluctuating around the key pivot level at 48700, reflecting a state of market balance and indecision. As long as the index remains near this level, price action is expected to stay range-bound without a clear directional trend. If bullish momentum strengthens, the index may move higher toward 49500 followed by 49850. On the other hand, if selling pressure increases, a decline toward 48300 and then 47650 could occur, marking key support levels. Overall, stability above 48700 supports the possibility of a renewed upward move toward 49600.

writer

Highness

Apr 30, 2026
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technical_analysis_articles
Gold Extends Bearish Momentum Below 4660

Gold/USD continues to trade under clear bearish pressure during the intraday session, remaining below the key pivot level at 4660, which reflects sustained selling dominance in the market. As long as the price stays below this level, the downside scenario remains favored, with expected targets at 4520 followed by 4480 if the bearish momentum persists. However, if the price reverses direction and breaks above 4660, a corrective upward move may develop, opening the way toward 4700 and then 4740. Overall, continued trading below 4660 strengthens the likelihood of further declines toward 4480 in the near term.

writer

Highness

Apr 30, 2026
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technical_analysis_articles
US Dollar Index Maintains Bullish Bias Above 98.90

The US Dollar Index is trading with a positive intraday tone, holding above the key pivot level at 98.90, which reflects continued strength in the dollar and sustained buying interest. As long as the index remains above this level, the bullish scenario remains favored, with potential upside targets at 99.10 followed by 99.30 if upward momentum continues. However, if the index fails to maintain its position above 98.90, a corrective decline may emerge, pushing it toward 97.60 and then 97.30, which represent important support levels. Overall, stability above 98.90 increases the likelihood of further gains toward 99.30 in the near term.

writer

Highness

Apr 30, 2026
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technical_analysis_articles
Oil Extends Strong Bullish Momentum Above 108.00

Oil/USD is trading with a strong bullish intraday trend, supported by stability above the key pivot level at 108.00, reflecting continued buying pressure and positive market sentiment. As long as the price remains above this level, the upward scenario remains dominant, with potential targets at 116.00 followed by 118.00 if momentum continues to build. However, if the price fails to hold above 108.00 and begins to decline, a corrective move may push it toward 105.00 and then 103.00, which represent key support levels. Overall, maintaining levels above 108.00 strengthens the outlook for further gains toward 116.00 in the near term.

writer

Highness

Apr 30, 2026
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technical_analysis_articles
EUR/USD Consolidates Around 1.17500

EUR/USD is trading within a sideways intraday range, fluctuating around the key pivot level at 1.17500, reflecting a balanced market with no clear directional bias. As long as the pair remains near this level, price action is expected to stay range-bound. If downward pressure strengthens, the pair may decline toward 1.17000 followed by 1.16500. On the other hand, if the pair stabilizes above 1.17500, a bullish move may develop, targeting 1.18000 and then 1.18500. Overall, holding above 1.17500 supports the possibility of upward movement toward 1.18000.

writer

Highness

Apr 29, 2026
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technical_analysis_articles
Dow Jones Maintains Bullish Outlook Above 48700

The Dow Jones Index is trading with a positive intraday bias, holding above the key pivot level at 48700, which reflects continued buying interest and improving market sentiment. As long as the index remains above this level, the bullish scenario is favored, with potential upside targets at 49500 followed by 49850 if momentum continues to build. However, if the index fails to sustain its position above 48700 and begins to decline, a corrective move may push it toward 48300 and then 47650, which are considered key support levels. Overall, stability above 48700 supports the likelihood of further gains toward 49600 in the near term.

writer

Highness

Apr 29, 2026
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technical_analysis_articles
Gold Extends Bearish Pressure Below 4660

Gold/USD continues to trade with a clear bearish intraday bias, remaining under pressure below the key pivot level at 4660, which reflects persistent selling momentum in the market. As long as the price stays below this level, the downside scenario remains dominant, with expected targets at 4550 followed by 4480 if bearish pressure continues. However, if the price manages to reverse and move above 4660, a corrective bullish move may emerge, opening the way toward 4700 and then 4740. Overall, continued trading below 4660 increases the likelihood of a deeper decline toward 4480 in the near term.

writer

Highness

Apr 29, 2026

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