Web Trader MT5 
ERUSD Technical Analysis
EURUSD bounced back up with strong momentum from last week’s low. And the pair is currently forming a bullish continuation pattern after breaking above consolidation zone.
Moving averages MA(5) and MA(10) crossed above the 30-period moving average, which is a classic bullish signal. All three moving averages are aligned in a bullish order.
MACD just crossed above the zero line, confirming momentum shifted to bullish.
The overall trend of EURUSD is still bullish. A break above 1.1788 could open the door toward 1.1850 – 1.1900
ERUSD 1H Chart
| Resistance | 1.1690 | 1.1725 | 1.1765 |
| Support | 1.1653 | 1.1622 | 1.1589 |
Brent Technical Analysis
Brent failed to maintain trading above the $72 level, and it’s currently forming lower highs and lower lows, indicating a short-term bearish trend.
Moving averages MA(5) and MA(10) are trading below MA(30), showing strong downward momentum.
The 1H chart shows a small rebound in price, but moving averages still have bearish alignment.
MACD lines are still below the zero line.
The overall trend on Brent is still bearish bearish with potential rebound If price drops below $66.80, next support could be $65.00
Brent 1H Chart
| Resistance | $67.62 | $68.02 | $69.83 |
| Support | $66.48 | $66.03 | $65.79 |
Silver Technical Analysis
Silver shows a bullish recovery from last week’s low, forming higher highs and higher lows on the hourly chart.
The 5-period moving average has crossed above the 10 and 30-period moving averages, forming a classic bullish crossover.
Price is trading above all moving averages, which supports the bullish sentiment. Watch out for a rebound from $37.00 where the 30-period moving average acts as dynamic support.
MACD line has crossed above the signal line, showing a strong bullish confirmation.
The overall sentiment on silver is still bullish. If price breaks $39.50, price may head toward $40.00 psychological level.
Silver (XAGUSD) 1H Chart
| Resistance | $38.21 | $38.52 | $38.81 |
| Support | $37.91 | $37.85 | $37.73 |
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