Oil technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Crude oil prices have recently exhibited elevated levels in the short term, currently trading above the key threshold of 63.000. This bullish momentum indicates the potential for further upward movement, possibly targeting the next resistance level around 64.900. However, this level could act as a significant bearish resistance point, where selling pressure may emerge and limit additional gains.



Price may retrace towards the support level at 60.700. A break below this support could signal a shift in trend, opening the door to deeper corrections.
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Wed, 04 Jun 2025 07:22:51 GMT

Gold technical analysis

Gold is currently testing a key resistance level at 3391.00, which may serve as a crucial indicator for near-term price direction. A clear breakout above 3391.00 with strong momentum could confirm bullish sentiment, potentially opening the path for a further rally toward the next resistance level at 3420.00. This level may attract profit-taking or act as a ceiling unless supported

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USD/JPY Technical analysis

The USD/JPY pair is holding above the key 143.00 support level, keeping a slightly bullish tone for now. But if selling pressure picks up, that support could be tested—and a break below it might open the door for further losses. On the flip side, if buyers step in and we see a bullish reversal, the focus will shift to the 146.00

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