Highness Investment LLC provides Technical Analysis Articles to help you understand the world of trading and investment.
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.
Highness
Feb 04, 2026
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.
Highness
Feb 03, 2026
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.
Highness
Feb 03, 2026
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.
Highness
Feb 03, 2026
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
Highness
Feb 03, 2026
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.
Highness
Feb 03, 2026
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.
Highness
Feb 02, 2026
The Dow Jones Index is showing relatively stable movement during today’s trading session, trading in a sideways range near the key pivot level at 48600 as market participants await clearer direction. If the downward momentum continues and the index moves below this level, it is expected to head toward 48350 as the first downside target, followed by 48250. However, if the trend reverses and the index manages to hold above 48600, it may rise again toward 48750 as an initial target, followed by 48850. Overall, sideways movement remains dominant for now, with the 48600 level acting as a key point in determining the next directional move.
Highness
Feb 02, 2026
Gold against the US Dollar (Gold/USD) is facing selling pressure during today’s trading session, moving in a bearish direction near the key pivot level at 4700. If the downward momentum continues and the price breaks below this level, it is expected to move toward 4550 as the first downside target, followed by 4500 as the next support level. However, if the trend reverses and trading stabilizes above 4700, gold may witness a corrective rebound toward 4750 as an initial target, followed by 4800. Overall, the bearish scenario remains the most likely as long as prices fail to hold firmly above the 4700 level, with selling pressure dominating intraday movements.
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