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Gold continues its upward trend as trading remains above the 5100 level

Gold against the US dollar is showing positive movement during today’s trading, reflecting the continuation of the upward trend in the market. The 5100 level represents a key pivot point supporting the bullish momentum. If prices remain above this level, the market is expected to target 5200 followed by 5300, increasing the chances of further gains in the coming period. However, if a reversal occurs, prices may decline toward 4900 and then 4800, indicating a temporary weakness in the bullish momentum. Overall, the positive scenario remains more likely as long as gold holds above 5100.

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Highness

Feb 04, 2026
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technical_analysis_articles
US Dollar Index Continues Its Upward Trend Is It Heading Toward 98.50

The US Dollar Index is showing strong bullish momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 97.50, supporting the chances of further gains. According to the main scenario, if the upward movement continues and the index remains above 97.50, it is expected to target the 98.00 level first, followed by 98.50. In the alternative scenario, if the price reverses downward and falls below 97.50, the index may move toward the 97.00 level and then 96.50. Holding above the 97.50 level could support a retest of the 98.00 level, while the overall trend remains positive.

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Highness

Feb 04, 2026
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technical_analysis_articles
Oil Against the US Dollar Shows Bullish Momentum Is It Heading Toward 66.00

Oil USD is witnessing strong upward momentum during today’s trading session, as the price continues to move in a bullish trend above the pivot point at 64.00, supporting the chances of further gains. According to the main scenario, if the upward movement continues and the price remains above 64.00, it is expected to target the 65.00 level first, followed by 66.00. In the alternative scenario, if the price reverses downward and falls below 64.00, it may move toward 62.00 and then 61.00. Holding above the 64.00 level could support continued upward movement toward 65.00, while the overall trend remains positive.

writer

Highness

Feb 04, 2026
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technical_analysis_articles
EUR USD Maintains an Upward Trend Is It Heading Toward 1.19000

The EUR USD pair is showing strong bullish momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 1.18000, increasing the chances of further gains. According to the main scenario, if the upward movement continues and the price remains above 1.18000, it is expected to target the 1.18500 level first, followed by 1.19000. In the alternative scenario, if the price reverses downward and falls below 1.18000, the pair may move toward the 1.17500 level and then 1.17000. Holding above the 1.18000 level could support continued upward movement toward 1.18500, while the overall trend remains positive.

writer

Highness

Feb 03, 2026
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technical_analysis_articles
Dow Jones Index Maintains Bullish Momentum Is It Heading Toward 49800

The Dow Jones Index is showing strong positive momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 49400, supporting the chances of further gains. According to the main scenario, if the upward movement continues and the index remains above 49400, it is expected to target the 49600 level first, followed by 49800. In the alternative scenario, if the price reverses downward and falls below 49400, the index may move toward 49200 and then 49000. Holding above the 49400 level could support a renewed rise toward 49600, while the overall trend remains positive.

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Highness

Feb 03, 2026
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technical_analysis_articles
Gold Against the US Dollar Under Bearish Pressure Is It Heading Toward 4600

Gold USD is facing strong selling pressure during today’s trading session, as the price continues to move in a bearish trend below the pivot point at 4800, increasing the chances of further downside movement. According to the main scenario, if the downward movement continues and the price remains below 4800, it is expected to target the 4700 level first, followed by 4600. In the alternative scenario, if the price rebounds upward and breaks above the 4800 level, a corrective move toward 4900 and then 5000 may occur. Holding above the 4800 level could support a temporary rise toward 4900, while the overall trend remains bearish unless a clear breakout occurs.

writer

Highness

Feb 03, 2026
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technical_analysis_articles
US Dollar Index Shows Bullish Momentum Is It Heading Toward 98.50?

The US Dollar Index is witnessing positive momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 97.50, strengthening the chances of further gains. According to the main scenario, if the upward movement continues and the index remains above 97.50, it is expected to target the 98.00 level first, followed by 98.50. In the alternative scenario, if the price reverses downward and falls below 97.50, the index may move toward the 97.00 level and then 96.50. Holding above the 97.50 level could support a retest of the 98.00 level, while the overall trend remains positive

writer

Highness

Feb 03, 2026
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technical_analysis_articles
Oil vs US Dollar Under Bearish Pressure — Will It Continue Declining Toward 60.50?

Oil/USD is experiencing strong selling pressure during today’s trading session, as the price continues to move in a bearish trend below the pivot point at 62.00, increasing the chances of further downside movement. According to the main scenario, if the price continues to decline and remains below 62.00, it is expected to target the 61.00 level as the first support, followed by 60.50 if bearish momentum strengthens. In the alternative scenario, if the price rebounds upward and breaks above the 62.00 level, a corrective move toward 63.00 and then 63.50 could take place. It is worth noting that holding above the 62.00 level may support temporary upward movement toward 63.00; however, the overall trend remains bearish unless a clear breakout above resistance levels occurs.

writer

Highness

Feb 03, 2026
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technical_analysis_articles
EUR/USD Intraday Analysis: Continued Bullish Momentum and Targeting New Levels

The Euro against the US Dollar (EUR/USD) is showing positive movements during today's trading session, maintaining a bullish trend above the pivot point at 1.18500. If trading remains above this key level, the pair is expected to continue rising, targeting 1.19000 as the first target, followed by 1.19500 if buying momentum strengthens. Alternatively, if the price fails to sustain above 1.18500, we may see a pullback toward the support level at 1.18240, followed by 1.18000.

writer

Highness

Feb 02, 2026

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