FXEM - EMPIRE MARKETS - Company New Article

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

Jun 12, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Technical Overview:

  • Price broke previous resistance at 2360 and 2365
  • Now trading above a former resistance turned support at 2370

Key Levels:

  • Current Support: 2370
  • Next Support: 2358 – 2348
  • Next Resistance: 2382 – 2395

Outlook: As long as price holds above 2370, the bullish trend remains intact. A move toward 2385–2395 is likely in the near term.

 

USOIL chart on the hourly time frame

USOIL Chart on the hourtly time frame

Overall Trend: Clearly bullish within an ascending channel.
Nearby Support: 65.20, followed by 63.80


Current Resistance: 67.50 (channel top)


MACD Indicator: Strong bullish momentum


Outlook: Further rise toward 68.00 is likely, though a minor correction toward 66.00 may occur if reversal candles form at the top

 

USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Strong and aggressive new uptrend


Broke past the previous resistance at 21500


Key Levels:
New Support: 21500 – 21300


Potential Next Resistance: 22000 – then 22300


Outlook: Strong buying momentum suggests the rally may continue toward 22000–22300 unless a sharp reversal occurs

 

To open Live account click here 

Previous Post
Technical analysis of currencies
Next Post
Bitcoin London session
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