The BRENT Crude (Brent Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7580, 20th February swing low level. An oversold rally from the current levels and a bearish rejection from the 7580 level could target the downside support at 7373 followed by 7300 and 7242 levels over the longer...
The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7200, 20th February swing low level. An oversold rally from the current levels and a bearish rejection from the 7200 level could target the downside support at 6964 followed by 6880 and 6830 levels over the longer...
The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action is creating a sequence of higher highs and higher lows. The recent consolidation appears to be a corrective pullback.
The key trading level is at 3197, which is the current swing low. A corrective pullback from the current levels and a...
The GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the all time high on 20th Feb ‘25.
The key trading level is at 2900 level, the consolidation price range and also the current daily pivot level. A corrective...
The FTSE (UK100) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 8590, previous consolidation zone and a rising trendline zone. A corrective pullback from the current levels and a bullish bounce back from the 8590 level could target the upside resistance at 8695 followed by the 8740 and...
The CAC (F40) equity index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the rising support trendline zone.
The key trading level is at 8090 level, the previous consolidation price range, 50 Day Moving Average and also the rising support...
The Russell2000 (US2000) index price action sentiment appears neutral, the longer-term prevailing uptrend is challenged as the price closed below the psychologically important 200-day moving average. Since reaching an all-time high on 25th November 2024 the Russell2000 index price action is consolidating in a sideways trading range.
The key trading level is at...
The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, previous consolidation zone and the rising support trendline . A corrective pullback...
The NSDQ (USTec) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a corrective pullback after reaching the all-time high.
The key trading level is at 21290 level, the consolidation price range and also the previous resistance is now a newly formed support zone. A...
S&P (US500) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after retest of all time high on 19th Feb ‘25.
The key trading level is at 5980 level, the consolidation price range and also the previous resistance now newly formed support zone....
The EUR currency further weakened against the JPY earlier today when the BOJ Governor Kazuo Ueda signalled that the central bank stands ready to increase government bond buying if long-term interest rates rise sharply, reiterating the BOJ’s long-standing commitment to supporting stable markets. The EURJPY price action sentiment appears bearish, supported by the...
The USDJPY fell below the psychologically important 150.00 level. Markets are pricing in a roughly 84% chance of a 25bps hike at the BoJ July meeting, up from a 70% chance at the start of the month. The USDJPY currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 150.80, which is...
The NSDQ (USTec) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after reaching the intraday all time high.
The key trading level is at the 21890 level, the consolidation price range and also the previous resistance is now a newly formed...
The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 3244, swing low. A corrective pullback from the current levels and a bullish bounce back from the 3244 level could target the upside resistance at 3340 followed by the 3400 and 3450 levels over the longer...
The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7300. An oversold rally from the current levels and a bearish rejection from the 7300 level could target the downside support at 7100 followed by 6955 and 6870 levels over the longer timeframe.
Alternatively, a...
The GBPCHF currency pair price action sentiment appears neutral, supported by the longer-term prevailing sideways consolidation price range.
The key trading level is at 1.1425, current swing high. An overbought pullback from the current levels and a bearish rejection from the 1.1425 level could target the downside support at 1.1310 followed by 1.1245 and 1.1165...
The GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 192.60. An oversold rally from the current levels and a bearish rejection from the 192.60 level could target the downside support at 189.60 followed by 188.90 followed by 188.27 and 187.12 levels over the longer...
The GBPUSD currency pair intraday price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The initial spike higher was triggered by the release of Retail Sales, a key measure of consumer spending. Retail sales rose at 1.7% in the month after contracting by 0.6% in December, revised lower from -0.3%. Todays data is beating the...
