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: 0.8640 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8640 would confirm ongoing upside momentum, with potential targets at:
0.8740 – 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 resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0750, 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 oversold really within the broader uptrend.
Support Zone: 1.3320 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3320 would confirm ongoing upside momentum, with potential targets at:
1.3530 – initial...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective sideways consolidation within the broader uptrend.
Support Zone: 9066 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from would confirm ongoing upside momentum, with potential targets at:
9185 – initial...
The ETHUSD remains in a bullish trend, with recent price action showing signs of a resistance breakout, within the broader uptrend.
Support Zone: 3,807 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3,807 would confirm ongoing upside momentum, with potential targets at:
4,085 – initial...
The BTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 112,760 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 112,760 would confirm ongoing upside momentum, with potential targets at:
117,680 –...
Key Support and Resistance Levels
Resistance Level 1: 2256
Resistance Level 2: 2273
Resistance Level 3: 2282
Support Level 1: 2197
Support Level 2: 2177
Support Level 3: 2141
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 advice. It is not...
Key Support and Resistance Levels
Resistance Level 1: 44700
Resistance Level 2: 44924
Resistance Level 3: 45130
Support Level 1: 43760
Support Level 2: 43477
Support Level 3: 43288
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 advice. It is...
Nasdaq 100 Market Summary – August 8
Markets remain cautious, with a mix of corporate and macro developments driving sentiment.
Gold futures surged after the US unexpectedly imposed tariffs on one-kilo and 100-ounce gold bars. The move surprised traders and added fresh uncertainty to the metals market. Oil prices stabilized following a recent decline, as...
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...
Key Support and Resistance Levels
Resistance Level 1: 5465
Resistance Level 2: 5500
Resistance Level 3: 5530
Support Level 1: 5255
Support Level 2: 5200
Support Level 3: 5155
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 advice. It is not...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective sideways consolidation within the broader uptrend.
Support Zone: 9066 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from would confirm ongoing upside momentum, with potential targets at:
9185 – initial...
Friday, August 8 – Summary
Data Highlights:
China: Released Q2 Balance of Payments (BoP) data for the current account, providing insight into trade and capital flows.
Japan: A data-heavy day with the July Economy Watchers Survey, bank lending figures, June household spending, and BoP data (both trade and current account balances), offering a comprehensive view...
