Web Trader MT5 
S&P 500 Technical Analysis
The S&P 500 remains in a clear uptrend after extending its rally to fresh record highs. The index is trading comfortably above the 5, 10 and 20-period moving averages, which are all sloping upward, confirming strong bullish momentum and continued buyer control.
Despite the strength of the trend, the sharp advance has pushed the index into overextended territory, increasing the likelihood of short-term consolidation or profit-taking before another move higher. As long as prices remain above the rising moving averages, any pullback is likely to face strong support.
S&P 500 1H Chart
| Resistance | 7,780 | 7,800 | 7,824 |
| Support | 7,734 | 7,700 | 7,620 |
Gold Technical Analysis
Gold has staged a strong bullish breakout after clearing a prolonged consolidation range, with buying momentum accelerating sharply during the latest session. Price is trading well above all major short-term moving averages, while the widening gap between the averages reflects increasing upside momentum.
The breakout is supported by strong bullish candles, suggesting buyers remain firmly in control. However, after such a rapid advance, the market may experience a brief pullback or consolidation before attempting another move higher. Holding above the breakout zone would reinforce the positive outlook and keep the broader uptrend intact.
Gold 1H Chart
| Resistance | $4,175 | $4,200 | $4,274 |
| Support | $4,135 | $4,105 | $4,085 |
USDJPY Technical Analysis
USDJPY is trading in a narrow consolidation after recovering from recent weakness, with price holding above the 20-period moving average, while the 5 and 10-period averages have started to turn higher. The alignment of the moving averages suggests that short-term bullish momentum is gradually improving, although the lack of strong follow-through indicates buyers remain cautious.
The pair continues to respect a series of higher lows, suggesting underlying demand remains intact. A sustained move above the recent swing high near 157.95 could encourage another leg higher, while failure to maintain support around the moving averages may trigger renewed decline toward the 157.10–157.30 area.
USDJPY 1H Chart
| Resistance | 158.00 | 158.50 | 159.54 |
| Support | 157.22 | 156.60 | 156.20 |
Risk Disclaimer: This material is provided for informational purposes only and does not constitute a recommendation or investment advice. Trading financial instruments on margin involves substantial risk and may not be appropriate for all investors.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
