FXEM - EMPIRE MARKETS - Company New Article

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

Jan 05, 2026

XAU/USD chart on the weekly time frame

XAU/USD chart on the weekly time frame

Following its ascent to a record high of $4550, Gold faced significant selling pressure during the final trading week of 2025. 

This resulted in a weekly decline of 4.38%, fully retracing the prior week's advance and forming a bearish engulfing candlestick pattern on the weekly chart. 

Furthermore, the monthly closure for December established a bearish candlestick, exhibiting characteristics akin to a shooting star. 

This development coincides with numerous technical indicators registering extreme overbought levels, entering uncharted territory. 

These conditions raise material concerns regarding trend sustainability and suggest an increased probability of a cyclical reversal. 

Consequently, the technical outlook compels a tactical recommendation to sell into strength. The analysis anticipates a multi-month corrective phase, with an initial projected target zone around $3800.
 
EURUSD Chart on the weekly time frame

EURUSD Chart on the weekly time frame

The EUR/USD pair continues to consolidate within the established 1.1500–1.1800 range, a multi-month sideways channel that has defined price action for approximately six months. 

Technical momentum, as gauged by the MACD, remains neutral, having failed to generate a bullish crossover signal during the previous week. 

A decisive directional move from the indicator is required in the near term to signal a sustained breakout; in its absence, the consolidation phase is likely to extend, increasing the probability of a retest of the key support level at 1.1500. 

Consequently, a prudent strategy is to await a conclusive break above resistance at 1.1800 or an approach toward the 1.1500 support level before establishing new long positions.
 

 
USTEC chart on the weekly time frame

USTEC chart on the weekly time frame

The USTEC index remains confined within a weekly symmetrical triangle formation, having tested both the upper and lower trendlines during the previous week’s session. 

While neither the Average Directional Index (ADX) nor trading volume currently indicates an immediate resolution, the contracting nature of the pattern suggests an increased probability of a breakout in the near term.  

Two decisive technical levels are established for directional confirmation: a bearish resolution would be validated by a daily close below the 25,000-support level, triggering a sell signal. 

Conversely, a sustained breakout to the upside would require a daily close above 25,750-resistance to validate a bullish bias and justify long entry consideration.  

In the interim, a neutral tactical stance is maintained, with attention focused on monitoring these defined thresholds for a conclusive breakout prior to initiating new positions.
 

To open Live account click here 

Previous Post
Technical Analysis of Commodities
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