LIGHT.CMD/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
LIGHT.CMD/USD is currently testing a major horizontal resistance zone between $103.50 and $105.00 following a sharp multi-week advance off the July lows near $68.00. While the medium-term market structure remains firmly bullish, the appearance of small candle bodies and upper wicks near $104.00 signals supply absorption and short-term exhaustion after an extended move without retracements. A decisive daily close above $105.00 would clear the way toward upper targets at $110.00–$112.00, whereas a failure to breach this overhead ceiling would likely trigger a corrective pullback toward immediate support around $98.00–$100.00, with major structural support sitting lower at the previous breakout level of $91.50.



Back to articles

Actual Topics

Thu, 17 Sep 2026 08:55:04 GMT

XLE Technical Outlook: Key Support Test at the 20-Day SMA

XLE remains in a multi-month uptrend established from its July double bottom near $53.00, but it is currently undergoing an active corrective pullback after stalling below resistance at $66.50. The latest sharp sell-off brings the price down nearly 3% to test the rising 20-day SMA at $64.00, marking a critical inflection point where a bounce preserves the near-term bullish trajectory,

Mon, 14 Sep 2026 14:40:05 GMT

EUR/USD Technical Analysis

EUR/USD is consolidating around 1.1532 at the midpoint of a multi-year ascending channel, caught between immediate resistance at the recent lower high of 1.1700 and crucial support at the 1.1500 horizontal pivot; a sustained daily close above 1.1700 would favor a bullish continuation toward the channel peak near 1.2050, while a decisive breakdown below 1.1500 exposes the swing low at

Fri, 11 Sep 2026 08:03:11 GMT

EUR/USD 5-minute Technical Analysis

EUR/USD 5-minute chart displays a range-bound structure with an emerging bearish tilt, characterized by lower highs descending from the 1.16170 peak toward 1.16140. Price recently rejected the upper resistance band and experienced a sharp drop toward the key horizontal support zone between 1.16000 and 1.16025, where responsive buying stepped in to print rejection wicks and lift the pair back to

To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.