Key Support and Resistance Levels
Resistance Level 1: 5488
Resistance Level 2: 5546
Resistance Level 3: 5605
Support Level 1: 5306
Support Level 2: 5277
Support Level 3: 5240
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: 9160 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9160 would confirm ongoing upside momentum, with potential targets at:
9246 – initial...
The AUDJPY remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 94.37 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 94.37 would confirm ongoing upside momentum, with potential targets at:
96.60 – initial...
The GBPCAD remains in a bullish trend, with recent price action showing signs of a continuation rally within the broader uptrend.
Support Zone: 1.8585 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.8585 would confirm ongoing upside momentum, with potential targets at:
1.8753 – initial...
The GBPJPY 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 200.40, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
Key Support and Resistance Levels
Resistance Level 1: 45766
Resistance Level 2: 45920
Resistance Level 3: 46080
Support Level 1: 45050
Support Level 2: 44900
Support Level 3: 44730
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...
Nvidia’s earnings dampened sentiment overnight, with shares down -3% in after-hours trading after a strong Q2 sales beat was overshadowed by softer guidance and concerns over a potential US plan to tax China AI chip sales. The disappointment weighed on futures, with NASDAQ 100 down -0.29% vs. -0.12% for S&P 500.
That said, prior to the results, the S&P 500...
The GBPCHF remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.0800 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.0800 would confirm ongoing upside momentum, with potential targets at:
1.0914 – initial...
The EURGBP remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.8590 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8590 would confirm ongoing upside momentum, with potential targets at:
0.8680 – initial...
The GBPUSD remains in a bullish trend, with recent price action showing signs of a consolidation breakout rally within the broader uptrend.
Support Zone: 1.3466 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3466 would confirm ongoing upside momentum, with potential targets at:
1.3675 –...
The DAX remains in a bullish trend, with recent price action indicating a potential oversold rally within the broader uptrend.
Support Zone: 24000 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 24000 would confirm ongoing upside momentum, with potential targets at:
24540 – initial...
Data: Focus on US releases with July pending home sales, weekly jobless claims, and August Kansas City Fed manufacturing activity. In Europe, Italy publishes August sentiment indicators and June industrial sales, while the Eurozone releases July money supply (M3) and August economic confidence. Other highlights include EU27 new car registrations, Canada’s Q2...
The ADAUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 8,220 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 8,220 would confirm ongoing upside momentum, with potential targets at:
9,340 – initial...
The USDJPY 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 148.90, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
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 USDCAD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.3795 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3795 would confirm ongoing upside momentum, with potential targets at:
1.3890 – initial...
Key Support and Resistance Levels
Resistance Level 1: 45766
Resistance Level 2: 45920
Resistance Level 3: 46080
Support Level 1: 45050
Support Level 2: 44900
Support Level 3: 44733
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...
