The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at:
3814 – initial...
The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at:
3387 – initial...
The CAC 40 index continues to display a bullish bias, underpinned by a well-established rising trend. Recent intraday price action indicates a breakout from consolidation, suggesting renewed upward momentum.
Key Technical Levels:
Support:
7770 – This level marks the prior consolidation zone and now serves as critical support.
7740 – Secondary support, guarding...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 9045 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9045 would confirm ongoing upside momentum, with potential targets at:
9150 – initial...
Friday, July 25 – Financial Market Summary (Trading Focus)
Key Data Releases:
US
June Durable Goods Orders: A leading indicator of manufacturing activity. Strong growth may boost USD and treasury yields; weak numbers could fuel rate-cut bets.
July Kansas City Fed Services Activity: Gauges regional service sector performance, often a directional cue for...
Key Support and Resistance Levels
Resistance Level 1: 45000
Resistance Level 2: 45444
Resistance Level 3: 46000
Support Level 1: 43990
Support Level 2: 43700
Support Level 3: 43426
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 Developments:
AI Drives Earnings Momentum
Alphabet reported strong results, but flagged surging AI infrastructure costs, signaling increased capex ahead.
SK Hynix posted record earnings and committed to expanding AI-related investments, reinforcing the sector’s critical growth role.
Investor sentiment remains AI-positive, with capital rotation favoring tech...
The GBPCAD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.8336 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.8336 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...
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 2.0555, 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: 0.8620 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8620 would confirm ongoing upside momentum, with potential targets at:
0.8700 – initial...
The GBPUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.3430 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3430 would confirm ongoing upside momentum, with potential targets at:
1.3600 – initial...
The DAX remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 24205 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 24205 would confirm ongoing upside momentum, with potential targets at:
24655 – initial...
1. Economic Data
Global Flash PMIs (July)
US, UK, Eurozone, Germany, France, Japan: Flash PMIs will provide early insights into economic momentum. A drop in manufacturing could signal slower global growth, while a resilient services PMI may support the soft-landing narrative.
US Data:
Chicago Fed National Activity Index (June): Gauges overall economic activity...
Key Support and Resistance Levels
Resistance Level 1: 2278.80
Resistance Level 2: 2299.70
Resistance Level 3: 2318.30
Support Level 1: 2232.60
Support Level 2: 2213.00
Support Level 3: 2193.00
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...
Donald Trump has agreed a new trade deal with Japan, setting 15% tariffs on US imports like cars and launching a $550 billion fund to boost investment in the US. This is lower than his earlier 25% tariff threat. Other allies saw mixed outcomes—the Philippines got a small tariff cut, while Canada’s talks stalled. Goldman Sachs now expects the US baseline tariff...
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 0.8045, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
The USDCAD 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 continuation breakdown within the downtrend.
Key resistance is located at 1.3670, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
