Market analysis from Trade Nation
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 2.0600, 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 corrective pullback within the broader uptrend. Support Zone: 1.3180 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.3180 would confirm ongoing upside momentum, with potential targets at: 1.3370 – initial...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 9026 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 9026 would confirm ongoing upside momentum, with potential targets at: 9170 – initial...
Macro Data: US June factory orders fell 9.3% due to a big drop in aircraft orders. Excluding transport, orders rose 0.2%, but core capital goods fell 0.7%, pointing to weaker business investment. Manufacturing PMI stayed in contraction for a 4th month. Japan July monetary base fell 3.9% y/y, showing reduced liquidity despite steady interest rates. Switzerland July...
Key Support and Resistance Levels Resistance Level 1: 2194 Resistance Level 2: 2210 Resistance Level 3: 2227 Support Level 1: 2154 Support Level 2: 2135 Support Level 3: 2113 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: 5464 Resistance Level 2: 5500 Resistance Level 3: 5580 Support Level 1: 5152 Support Level 2: 5097 Support Level 3: 5044 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 pullback within the broader uptrend. Support Zone: 9026 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 9026 would confirm ongoing upside momentum, with potential targets at: 9170 – initial...
Key Support and Resistance Levels Resistance Level 1: 3677 Resistance Level 2: 3752 Resistance Level 3: 3833 Support Level 1: 3485 Support Level 2: 3400 Support Level 3: 3316 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: 119,000 Resistance Level 2: 121,030 Resistance Level 3: 122,862 Support Level 1: 111,683 Support Level 2: 110,450 Support Level 3: 108,720 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...
Key Support and Resistance Levels Resistance Level 1: 3756 Resistance Level 2: 3855 Resistance Level 3: 3915 Support Level 1: 3600 Support Level 2: 3544 Support Level 3: 3480 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: 3386 Resistance Level 2: 3410 Resistance Level 3: 3438 Support Level 1: 3315 Support Level 2: 3295 Support Level 3: 3268 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: 148.90 Resistance Level 2: 149.70 Resistance Level 3: 150.20 Support Level 1: 146.12 Support Level 2: 145.40 Support Level 3: 144.60 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...
Key Support and Resistance Levels Resistance Level 1: 1.3370 Resistance Level 2: 1.3430 Resistance Level 3: 1.3480 Support Level 1: 1.3180 Support Level 2: 1.3140 Support Level 3: 1.3110 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...
Key Support and Resistance Levels Resistance Level 1: 1.1716 Resistance Level 2: 1.1817 Resistance Level 3: 1.1885 Support Level 1: 1.1466 Support Level 2: 1.1390 Support Level 3: 1.1338 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...
Key Support and Resistance Levels Resistance Level 1: 23050 Resistance Level 2: 43190 Resistance Level 3: 43430 Support Level 1: 22500 Support Level 2: 22333 Support Level 3: 22080 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...
Key Support and Resistance Levels Resistance Level 1: 44390 Resistance Level 2: 44720 Resistance Level 3: 45100 Support Level 1: 43360 Support Level 2: 43140 Support Level 3: 42800 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...
Key Support and Resistance Levels Resistance Level 1: 6316 Resistance Level 2: 6374 Resistance Level 3: 6430 Support Level 1: 6200 Support Level 2: 6112 Support Level 3: 6073 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 ETHSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 3,667 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 3,667 would confirm ongoing upside momentum, with potential targets at: 4,020 – initial...