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Gold Against the US Dollar Under Bearish Pressure Is It Heading Toward 4600

Gold USD is facing strong selling pressure during today’s trading session, as the price continues to move in a bearish trend below the pivot point at 4800, increasing the chances of further downside movement. According to the main scenario, if the downward movement continues and the price remains below 4800, it is expected to target the 4700 level first, followed by 4600. In the alternative scenario, if the price rebounds upward and breaks above the 4800 level, a corrective move toward 4900 and then 5000 may occur. Holding above the 4800 level could support a temporary rise toward 4900, while the overall trend remains bearish unless a clear breakout occurs.

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Highness

Feb 03, 2026
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technical_analysis_articles
US Dollar Index Shows Bullish Momentum Is It Heading Toward 98.50?

The US Dollar Index is witnessing positive momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 97.50, strengthening the chances of further gains. According to the main scenario, if the upward movement continues and the index remains above 97.50, it is expected to target the 98.00 level first, followed by 98.50. In the alternative scenario, if the price reverses downward and falls below 97.50, the index may move toward the 97.00 level and then 96.50. Holding above the 97.50 level could support a retest of the 98.00 level, while the overall trend remains positive

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Highness

Feb 03, 2026
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technical_analysis_articles
Oil vs US Dollar Under Bearish Pressure — Will It Continue Declining Toward 60.50?

Oil/USD is experiencing strong selling pressure during today’s trading session, as the price continues to move in a bearish trend below the pivot point at 62.00, increasing the chances of further downside movement. According to the main scenario, if the price continues to decline and remains below 62.00, it is expected to target the 61.00 level as the first support, followed by 60.50 if bearish momentum strengthens. In the alternative scenario, if the price rebounds upward and breaks above the 62.00 level, a corrective move toward 63.00 and then 63.50 could take place. It is worth noting that holding above the 62.00 level may support temporary upward movement toward 63.00; however, the overall trend remains bearish unless a clear breakout above resistance levels occurs.

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Highness

Feb 03, 2026
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technical_analysis_articles
EUR/USD Intraday Analysis: Continued Bullish Momentum and Targeting New Levels

The Euro against the US Dollar (EUR/USD) is showing positive movements during today's trading session, maintaining a bullish trend above the pivot point at 1.18500. If trading remains above this key level, the pair is expected to continue rising, targeting 1.19000 as the first target, followed by 1.19500 if buying momentum strengthens. Alternatively, if the price fails to sustain above 1.18500, we may see a pullback toward the support level at 1.18240, followed by 1.18000.

writer

Highness

Feb 02, 2026
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technical_analysis_articles
Dow Jones Index Trades Sideways Near the 48600 Level Intraday

The Dow Jones Index is showing relatively stable movement during today’s trading session, trading in a sideways range near the key pivot level at 48600 as market participants await clearer direction. If the downward momentum continues and the index moves below this level, it is expected to head toward 48350 as the first downside target, followed by 48250. However, if the trend reverses and the index manages to hold above 48600, it may rise again toward 48750 as an initial target, followed by 48850. Overall, sideways movement remains dominant for now, with the 48600 level acting as a key point in determining the next directional move.

writer

Highness

Feb 02, 2026
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technical_analysis_articles
Gold Moves Lower Intraday as Bearish Pressure Builds Near the 4700 Level

Gold against the US Dollar (Gold/USD) is facing selling pressure during today’s trading session, moving in a bearish direction near the key pivot level at 4700. If the downward momentum continues and the price breaks below this level, it is expected to move toward 4550 as the first downside target, followed by 4500 as the next support level. However, if the trend reverses and trading stabilizes above 4700, gold may witness a corrective rebound toward 4750 as an initial target, followed by 4800. Overall, the bearish scenario remains the most likely as long as prices fail to hold firmly above the 4700 level, with selling pressure dominating intraday movements.

writer

Highness

Feb 02, 2026
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technical_analysis_articles
US Dollar Index Maintains Its Bullish Intraday Trend Above the 96.83 Level

The US Dollar Index is showing positive momentum during today’s trading session, moving in a bullish direction supported by stability above the key pivot level at 96.83. If the upward movement continues and prices remain above this level, the index is expected to move toward 97.50 as the first target, followed by 97.80 as the next upside objective. However, if the trend reverses and the index falls below 96.83, it may decline toward 96.50 as initial support, followed by 96.30. Overall, the bullish scenario remains the most likely as long as trading holds above 96.83, with traders watching for a potential retest of the 97.50 level in the near term.

writer

Highness

Feb 02, 2026
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technical_analysis_articles
Oil Moves Lower Intraday as Bearish Pressure Persists Below 63.00

Oil against the US Dollar (Oil/USD) is experiencing selling pressure during today’s trading session, moving in a bearish direction near the key pivot level at 63.00. If the downward momentum continues and the price breaks below this level, it is expected to move toward 61.50 as the first downside target, followed by 61.00 as the next support level. However, if the trend reverses and the price stabilizes above 63.00, oil may witness a corrective rebound toward 63.50 as an initial target, followed by 64.00. Overall, the bearish scenario remains the most likely as long as the price fails to hold firmly above the 63.00 level, with selling pressure dominating intraday movements.

writer

Highness

Feb 02, 2026
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technical_analysis_articles
EUR/USD Continues Its Uptrend Above the Key Support Level

The EUR/USD pair is showing bullish momentum during today’s session, supported by stability above the 1.2003 pivot level. As long as price action remains above this level, the pair is expected to extend gains toward 1.2082, followed by 1.2173. On the other hand, if the price reverses direction, a corrective move may push the pair toward 1.1915 and then 1.1759. Overall, maintaining trades above 1.2003 keeps the bullish outlook intact and supports further upward movement.

writer

Highness

Jan 28, 2026

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