Trend Overview:
The AUDUSD currency price remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 0.6420 (primary pivot), followed by 0.6400 and 0.6370
Resistance: 0.6560...
The NZDUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.5887 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.5887 would confirm ongoing upside momentum, with potential targets at:
0.6020 – initial...
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 Silver remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 3600 – a key level from 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: 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: 0.8640 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8640 would confirm ongoing upside momentum, with potential targets at:
0.8740 – 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 resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0600, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
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 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...
Macro Data:
US June factory orders fell 9.3% due to a big drop in aircraft orders. Excluding transport, orders rose 0.2%, but core capital goods fell 0.7%, pointing to weaker business investment. Manufacturing PMI stayed in contraction for a 4th month.
Japan July monetary base fell 3.9% y/y, showing reduced liquidity despite steady interest rates.
Switzerland July...
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: 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...
Key Support and Resistance Levels
Resistance Level 1: 3677
Resistance Level 2: 3752
Resistance Level 3: 3833
Support Level 1: 3485
Support Level 2: 3400
Support Level 3: 3316
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: 119,000
Resistance Level 2: 121,030
Resistance Level 3: 122,862
Support Level 1: 111,683
Support Level 2: 110,450
Support Level 3: 108,720
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...
Key Support and Resistance Levels
Resistance Level 1: 3756
Resistance Level 2: 3855
Resistance Level 3: 3915
Support Level 1: 3600
Support Level 2: 3544
Support Level 3: 3480
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: 3386
Resistance Level 2: 3410
Resistance Level 3: 3438
Support Level 1: 3315
Support Level 2: 3295
Support Level 3: 3268
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: 148.90
Resistance Level 2: 149.70
Resistance Level 3: 150.20
Support Level 1: 146.12
Support Level 2: 145.40
Support Level 3: 144.60
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...
