The EURAUD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.7930 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.7930 would confirm ongoing upside momentum, with potential targets at:
1.8050 – initial...
The EURCHF remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.9384 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.9384 would confirm ongoing upside momentum, with potential targets at:
0.9455 – initial...
The EURUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.1544 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.1544 would confirm ongoing upside momentum, with potential targets at:
1.1714 – initial...
The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 23790 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 23790 would confirm ongoing upside momentum, with potential targets at:
24540 – initial...
Data:
US July building permits and housing starts will give an updated read on the housing sector’s resilience amid higher rates.
Italy June current account balance and ECB June current account provide insight into Eurozone trade and capital flows.
Canada July CPI will be closely watched for inflation dynamics and Bank of Canada policy signals.
Earnings:
Home...
Trend Overview:
The AUDUSD currency price remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 0.6420 (primary pivot), followed by 0.6400 and 0.6370
Resistance: 0.6560...
The NZDUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.5887 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.5887 would confirm ongoing upside momentum, with potential targets at:
0.6020 – initial...
The USD/CHF pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 0.8130, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3753 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3753 would confirm ongoing upside momentum, with potential targets at:
3875 – initial...
The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3355 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3355 would confirm ongoing upside momentum, with potential targets at:
3412 – initial...
The EURGBP remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.8590 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8590 would confirm ongoing upside momentum, with potential targets at:
0.8680 – initial...
The GBPAUD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0870, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
The GBPUSD remains in a bullish trend, with recent price action showing signs of a consolidation breakout rally within the broader uptrend.
Support Zone: 1.3466 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3466 would confirm ongoing upside momentum, with potential targets at:
1.3675 –...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 9114 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9114 would confirm ongoing upside momentum, with potential targets at:
9235 – initial...
Data Releases:
US: New York Fed services activity (Aug), NAHB housing market index
Japan: June tertiary industry index
Eurozone: June trade balance
Canada: July housing starts, June international securities transactions
Earnings:
BHP
Palo Alto Networks
This communication is for informational purposes only and should not be viewed as any form of...
The ETHUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 4,450 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4,450 would confirm ongoing upside momentum, with potential targets at:
4,840 – initial...
The BTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 115,580 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 115,580 would confirm ongoing upside momentum, with potential targets at:
122,334 –...
Key Support and Resistance Levels
Resistance Level 1: 2320.70
Resistance Level 2: 2336.20
Resistance Level 3: 2352.80
Support Level 1: 2280.00
Support Level 2: 2264.10
Support Level 3: 2240.35
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment...
