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: 45000
Resistance Level 2: 45440
Resistance Level 3: 46000
Support Level 1: 43990
Support Level 2: 43700
Support Level 3: 43420
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...
Trump’s $3.4 Trillion Tax Plan
Favors wealthy investors: Tax burden shifts based on how you earn, not how much.
Winners: Business owners, investors, high-income earners.
Losers: Immigrants, elite universities.
Trade Tensions
EU Tariffs: Brussels targets $72B in US goods (e.g., Boeing, cars, bourbon) in response to Trump’s tariff threats.
Impact: Risk to...
The EURAUD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.7720 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.7720 would confirm ongoing upside momentum, with potential targets at:
1.7920 – initial...
The EURCHF pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the previous support zone, suggesting a temporary sideways consolidation within the downtrend.
Key resistance is located at 0.9320, a prior consolidation zone. This level will be critical in determining the next directional...
The EURUSD currency pair continues to exhibit a bullish price action bias, supported by a sustained rising trend. Recent intraday movement reflects a sideways consolidation breakout, suggesting potential continuation of the broader uptrend.
Key Technical Level: 1.1640
This level marks the prior consolidation range and now acts as pivotal support. A corrective...
The DAX remains in a bullish trend, with recent price action showing signs of a resistance breakout within the broader uptrend.
Support Zone: 24085 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 24085 would confirm ongoing upside momentum, with potential targets at:
24650 – initial...
Macro Data Highlights
United States
June CPI – Crucial inflation gauge; likely to shape Fed rate expectations.
Empire Manufacturing Index (July) – Regional economic activity snapshot.
China
Q2 GDP – Key read on the health of the world’s second-largest economy.
June Retail Sales / Industrial Production / Home Prices – Important for tracking domestic demand and...
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 Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3770 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3770 would confirm ongoing upside momentum, with potential targets at:
4000 – 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 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 GBPAUD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the previous support zone, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0660, a prior consolidation zone. This level will be critical in determining the next directional move.
A...
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 FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 8880 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 8880 would confirm ongoing upside momentum, with potential targets at:
8900 – initial...
China – June Trade Balance
Exports rose 5.8% year-on-year, beating expectations, as exporters rushed to ship goods before new U.S. tariffs.
Imports increased 1.1% year-on-year, recovering slightly from a previous drop.
Trade surplus expanded to $114.7 billion from $103.2 billion in May.
Takeaway: Export strength is driven by temporary factors. Weak imports still...
Key Support and Resistance Levels
Resistance Level 1: 45000
Resistance Level 2: 45445
Resistance Level 3: 46000
Support Level 1: 44000
Support Level 2: 43700
Support Level 3: 43430
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...
Donald Trump escalated trade tensions again, threatening a 35% tariff on Canadian goods shortly after reopening trade talks, and floated doubling global tariffs to 20%. This reinforces his aggressive protectionist stance and puts renewed pressure on allies like Canada and Vietnam, the latter blindsided by a 20% levy. Meanwhile, US-China relations may be entering a...
