Web Trader MT5 
USDCAD Technical Analysis
USDCAD has been moving in a strong bearish trend, breaking decisively below the 1.3900 region and accelerating lower toward 1.3800 levels. The 5-period and 10-period moving averages are sharply sloping downward, and price action is moving well below the 30-period moving average, confirming a strong downside structure. Recent price action shows selling pressure with very limited bullish pullbacks, indicating that selllers are firmly in control.
MACD supports this bearish outlook, as both the MACD and signal lines are positioned below zero. This confirms that bearish momentum is strong and still growing. The next key support lies around 1.3780, and if broken, the decline could extend toward 1.3720.
On the upside, resistance now stands at 1.3870 and 1.3920, with any move toward these levels likely to face heavy selling unless momentum shifts dramatically.
USDCAD 4H Chart
| Resistance | 1.3846 | 1.3893 | 1.3940 |
| Support | 1.3793 | 1.3762 | 1.3700 |
Gold Technical Analysis
Gold has been consolidating after reaching a recent high around $4,264, with price action stabilizing in a narrow range above the short-term moving averages. The 5-period and 10-period moving averages have flattened and are moving almost parallel, indicating that momentum is currently neutral after the recent strong rally. Meanwhile, price remains above the 30-period moving average, suggesting the broader medium-term trend is still bullish despite the current sideways movement.
MACD and signal lines are converging, reflecting a loss of directional strength. Unless the MACD crosses down decisively or the price drops below the 30-period moving average, the structure still favors buyers. The key support is at $4,180, while resistance remains at $4,260. A breakout above $4,260 would likely extend the bullish trend toward the $4,300 region.
Gold 4H Chart
| Resistance | $4,229 | $4,259 | $4,267 |
| Support | $4,191 | $4,170 | $4,148 |
S&P500 Technical Analysis
S&P 500 continues to display a strong and steady uptrend. The 5-period and 10-period moving averages are aligned above the 30-period one, reinforcing the bullish momentum. Price action is currently pushing against the recent resistance at 6,905, and the candles show limited downside pressure, reflecting controlled, healthy buying.
However, the MACD indicates slowing momentum as the histogram bars have declined toward the zero line and the MACD lines are flattening. This suggests the index may be entering a consolidation phase, but there is no bearish crossover yet. As long as the price remains above the 6,820 support region and the short-term averages maintain their upward slope, the bullish structure remains intact. A clean break above 6,905 would open the door to new highs and potentially drive the index toward the 6,960–7,000 zone.
S&P500 4H Chart
| Resistance | 6,886 | 6,896 | 6,920 |
| Support | 6,864 | 6,851 | 6,848 |
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