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Oil Trades Sideways Around 104.00

Oil against the US dollar is trading within a sideways range during today’s session, fluctuating around the pivot level of 104.00 amid mixed market sentiment. If downside pressure continues, the price is expected to decline toward 100.00 followed by 96.00. Alternatively, if a bullish rebound occurs, oil may target 106.00 and then 110.00. The bearish bias remains valid as long as trading stays below 104.00, supporting a potential decline toward 96.00.

writer

Highness

May 12, 2026
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technical_analysis_articles
US Dollar Index Trades Sideways Around 98.20

The US Dollar Index is trading within a sideways range during today’s session, fluctuating around the pivot level of 98.20 amid cautious market sentiment. If downside pressure continues, the index is expected to decline toward 97.80 followed by 97.60. Alternatively, in case of a bullish rebound, the price may target 98.60 and then 99.10. The bearish bias remains valid as long as trading stays below 98.20, supporting a potential move toward 97.20.

writer

Highness

May 12, 2026
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technical_analysis_articles
EUR/USD Trades Sideways Above 1.17200

The EUR/USD pair is trading within a sideways range during today’s session, holding above the pivot level of 1.17200, reflecting cautious market sentiment with a slight bullish bias. If the upward movement continues, the pair is expected to target 1.17800 followed by 1.18000. Alternatively, in case of a downside move, the price may decline toward 1.17100 and then 1.16800. The positive bias remains valid as long as trading stays above 1.17200, supporting a potential rise toward 1.18000.

writer

Highness

May 11, 2026
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technical_analysis_articles
Gold Continues Positive Momentum Above 4660

Gold against the US dollar is trading in a bullish trend during today’s session, holding above the pivot level of 4660, reflecting continued buying momentum in the market. If the upward move continues, the price is expected to target 4760 followed by 4800. Alternatively, in case of a downside correction, gold may decline toward 4580 and then 4500. The bullish outlook remains valid as long as trading stays above 4640, supporting a potential move toward 4760.

writer

Highness

May 11, 2026
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technical_analysis_articles
Dow Jones Maintains Bullish Trend Above 48700

The Dow Jones Index is trading in a bullish trend during today’s session, holding above the pivot level of 48700, reflecting continued positive momentum in the market. If the upward movement continues, the index is expected to target 50000 followed by 51000. Alternatively, in case of a downside correction, the price may decline toward 48300 and then 47600. The bullish outlook remains valid as long as trading stays above 48700, supporting a potential move toward 51000.

writer

Highness

May 11, 2026
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technical_analysis_articles
Oil Faces Selling Pressure Below 104.00

Oil against the US dollar is trading in a bearish trend during today’s session, remaining below the pivot level of 104.00, reflecting continued selling pressure in the market. If the decline continues, the price is expected to move toward 98.00 followed by 96.00. Alternatively, in case of a bullish rebound, oil may target 106.00 and then 114.00. The bearish outlook remains valid as long as trading stays below 104.00, supporting a potential decline toward 98.00.

writer

Highness

May 11, 2026
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technical_analysis_articles
US Dollar Index Extends Bearish Move Below 98.20

The US Dollar Index is trading in a bearish trend during today’s session, remaining below the pivot level of 98.20, reflecting continued selling pressure. If the decline continues, the index is expected to move toward 97.60 followed by 97.20. Alternatively, in case of a bullish rebound, the price may target 98.60 and then 99.10. The bearish outlook remains valid as long as trading stays below 98.20, supporting a potential move toward 97.20.

writer

Highness

May 11, 2026
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technical_analysis_articles
EUR/USD Maintains Bullish Momentum Above 1.17400

EUR/USD continues to trade with a bullish intraday bias, holding above the key pivot level at 1.17400, which reflects sustained buying pressure and positive momentum in the pair. As long as trading remains above this level, the bullish outlook stays favored. If the upward movement continues, the pair is expected to rise toward 1.17800 followed by 1.18000. However, if the market reverses and falls below 1.17400, a corrective decline may develop toward 1.17200 and then 1.16800. Overall, stability above 1.17400 supports further upside toward 1.18000 in the near term.

writer

Highness

May 07, 2026
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technical_analysis_articles
Dow Jones Continues Strong Bullish Trend Above 48700

The Dow Jones Index remains in a strong bullish intraday trend, holding firmly above the key pivot level at 48700, reflecting continued buying momentum and positive market sentiment. As long as the index stays above this level, the bullish outlook remains dominant. If the upward movement continues, the index is expected to advance toward 50500 followed by 51000. However, if selling pressure emerges and the index falls below 48700, a corrective decline may develop toward 48300 and then 47600. Overall, stability above 48700 supports further upside toward 51000 in the near term.

writer

Highness

May 07, 2026

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