Market analysis from Trade Nation
The BTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 114,850 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 114,850 would confirm ongoing upside momentum, with potential targets at: 122,900 –...
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: 44390 Resistance Level 2: 44720 Resistance Level 3: 45100 Support Level 1: 43580 Support Level 2: 43360 Support Level 3: 43140 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...
After the US close, Apple and Amazon posted mixed results: Apple rose ~2% after-hours on a strong revenue beat ($94bn vs $89.3bn est.) and broad-based growth, especially in China — its first sales increase there in two years. Amazon fell after projecting weaker Q3 operating profits ($15.5–$20.5bn vs $19.4bn est.) and showing slower cloud growth than competitors,...
The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend. Support Zone: 3600 – a key level from the previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 3600 would confirm ongoing upside momentum, with potential targets at: 3756 – initial...
The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend. Support Zone: 3266 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 3266 would confirm ongoing upside momentum, with potential targets at: 3335 – initial...
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...
Weekly Summary – Key Data & Earnings (Week Ending August 2, 2025): Economic Data: US Jobs Report: Job growth slowed slightly; unemployment ticked up. Supports Fed holding rates steady. US Manufacturing (ISM): Sector still shrinking, showing weakness. US Car Sales & Construction: Car sales rose; construction spending up, led by infrastructure. China...
Key Support and Resistance Levels Resistance Level 1: 97.527 Resistance Level 2: 98.091 Resistance Level 3: 99.00 Support Level 1: 96.00 Support Level 2: 95.574 Support Level 3: 95.060 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...
The GBPCAD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 1.8240 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.8240 would confirm ongoing upside momentum, with potential targets at: 1.8510 – initial...
Key Support: 196.75 This level marks the prior consolidation zone and serves as a critical pivot. A corrective pullback toward 196.75 followed by a bullish reversal would validate the uptrend, with upside targets at: 199.20 – Initial resistance and short-term target 199.70 – Minor resistance zone 200.40 – Longer-term breakout objective However, a daily close...
Key Support and Resistance Levels Resistance Level 1: 45197 Resistance Level 2: 45500 Resistance Level 3: 46000 Support Level 1: 44390 Support Level 2: 43900 Support Level 3: 43590 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...
The S&P 500 slipped -0.12% after initially rising +0.3%, as Fed Chair Powell’s cautious “wait-and-see” stance on rate cuts dampened sentiment. The metals and mining sector dragged the index lower, falling nearly -4% after the U.S. announced surprise copper tariff details—excluding refined metal until 2027—leading to a sharp -20% drop in COMEX copper...
The GBPCHF 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 1.0826, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish...
The EURGBP remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 0.8613 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 0.8613 would confirm ongoing upside momentum, with potential targets at: 0.8708 – initial...
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 DAX remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 24070 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 24070 would confirm ongoing upside momentum, with potential targets at: 24605 – initial...