FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Feb 09, 2026

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold is trading within a range after a strong rebound from a previous low, benefiting from a weaker dollar and improved hedging demand. However, the price is facing technical resistance that is limiting further rapid gains. The MACD indicator supports a positive outlook, but with gradual momentum.

General Trend: Neutral with a slight upward bias
Support: 4735 – 4680
Resistance: 5030 – 5085

Expectation: A break above 5030 strengthens the chances of an upward move towards 5085, while a failure could push the price back towards the support zones.
 

 
XAG/USD chart on the hourly time frame

XAG/USD chart on the hourly time frame

Silver is moving in an upward trend after bouncing off strong support, benefiting from a weaker dollar and improved demand for metals. The positive momentum remains intact, but proximity to key resistance levels could trigger temporary profit-taking.

Overall trend: Upward
Support: 80.20 – 78.90
Resistance: 82.50 – 84.00

Expectation: A break above 82.50 strengthens the chances of continued upward movement, while a failure could lead to a limited correction towards 80.20.
 

 

 

USOIL Chart on the hourtly time frame

USOIL Chart on the hourly time frame

Crude oil is attempting to consolidate above a key technical support level after a previous downward move, amid market anticipation of global supply and demand factors. Momentum remains relatively weak, but signs of stabilization are beginning to emerge.

General Trend: Neutral
Support: 61.20 – 59.80
Resistance: 64.10 – 66.00

Expectation: A break above 64.10 could trigger a broader recovery, while a break below 61.20 would reinstate the bearish scenario.
 

 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index continues its positive movement, supported by technology stocks, but is approaching strong resistance levels that could limit the upward momentum in the short term.

General Trend: Bullish
Support: 24,700 – 24,300
Resistance: 25,400 – 25,800

Expectation: Holding above 24,700 maintains the positive outlook, with the possibility of sideways movement before any new breakout.
 

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index is trading near historical highs, supported by industrial and financial stocks, but momentum is beginning to slow.

Overall trend: Stable upward trend
Support: 49,600 – 49,000
Resistance: 50,500 – 51,000

Expectation: Any correction will remain limited as long as the price stays above 49,600, with the medium-term upward trend continuing.
 

- A look at last week report dated Feb 6, 2025.

To open Live account click here 

Previous Post
Technical analysis of currencies
Next Post
Technical analysis of currencies
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all