The AUD/USD pair maintains a bullish bias, underpinned by a steady rising trend on the higher timeframes. However, recent intraday price action shows consolidation, indicating a pause in upward momentum as the market awaits a fresh catalyst.
Key Technical Levels:
Support:
0.6360 – Critical near-term support and prior consolidation zone. A successful retest...
Trend Overview:
Ethereum (ETH/USD) remains in a bullish trend, underpinned by a sequence of higher lows and a well-defined rising structure. Recent intraday price action reflects a consolidation phase, likely forming a bullish continuation pattern within the prevailing uptrend.
Key Technical Levels:
Support: 2,360 (primary), followed by 2,160 and...
Trend Overview:
Bitcoin (BTC/USD) remains in a bullish trend, characterized 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: 103,330 (primary pivot), followed by 100,680 and 97,700
Resistance: 113,040...
Key Support and Resistance Levels
Resistance Level 1: 42,920
Resistance Level 2: 43,300
Resistance Level 3: 43,620
Support Level 1: 41,470
Support Level 2: 41,160
Support Level 3: 40,890
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...
Tariffs & Trade:
The Trump administration is exploring ways to push through import tariffs, possibly including a temporary 15% tariff for 150 days.
A federal appeals court has paused a suspension of the tariffs for now.
Markets:
US stocks are holding up well. The S&P 500 is on track for its best May since 1990.
However, June may be weaker, and futures suggest a...
Silver continues to exhibit a bullish overall sentiment, supported by a well-established rising trend on the higher timeframes. However, recent intraday price action has transitioned into a consolidation phase, signalling temporary indecision following the latest bullish move.
Key Technical Levels:
Support:
3250 – Critical near-term support; also the previous...
Gold continues to exhibit a bullish overall sentiment, supported by a well-established rising trend on the higher timeframes. However, recent intraday price action has transitioned into a consolidation phase, signalling temporary indecision following the latest bullish move.
Key Technical Levels:
Support:
3250 – Critical near-term support; also the previous...
Trend: Overall trend remains bullish, supported by rising price action.
Recent Movement: Price is in a sideways consolidation phase after a strong uptrend.
Key Levels
Support:
5310 – Key level from prior consolidation.
5275, then 5230 – Next supports if 5310 breaks.
Resistance:
5480 – First upside target.
5510, then 5565 – Further resistance levels on...
Trend: Overall trend remains bullish, supported by rising price action.
Recent Movement: Price is in a sideways consolidation phase after a strong uptrend.
Key Levels
Support:
8680 – Key level from prior consolidation.
8625, then 8510 – Next supports if 8680 breaks.
Resistance:
8850 – First upside target.
8910, then 9020 – Further resistance levels on...
Key Data Releases:
United States:
April PCE Price Index: A critical inflation gauge for the Fed’s policy outlook.
Personal Income & Spending: Insight into consumer strength and economic momentum.
Advance Goods Trade Balance & Wholesale Inventories: Impact on Q2 GDP expectations.
May MNI Chicago PMI: Regional manufacturing sentiment ahead of national...
The AUD/JPY pair is currently maintaining a bullish bias, underpinned by an ongoing uptrend. Recent price action shows sideways consolidation, typically a sign of trend continuation when occurring within an established bullish structure.
Key Level: 91.50
This level marks a prior consolidation zone and now acts as a critical support area.
Bullish Scenario (bounce...
GBP/CAD maintains a bullish bias, supported by a well-established rising trend. Recent intraday movement suggests sideways consolidation, which may serve as a base for the next upward leg if key support holds.
Key Level: 1.8530
This zone marks the previous consolidation range and serves as a critical support level.
Bullish Scenario (bounce from 1.8530):
A...
The GBP/JPY currency pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a corrective pullback, potentially setting up for another move lower if resistance holds.
Key Level: 196.50
This zone, previously a consolidation area, now acts as a significant resistance level.
Bearish Scenario (rejection...
Key Support and Resistance Levels
Resistance Level 1: 42,920
Resistance Level 2: 43,300
Resistance Level 3: 43,620
Support Level 1: 41,470
Support Level 2: 41,160
Support Level 3: 40,890
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...
Trump-Era Tariffs Canceled: A US court struck down the “Liberation Day” tariffs, effective immediately. This boosts sentiment for industrials, consumer goods, and global supply chain-reliant stocks. The government is appealing the ruling.
US Dollar Strengthens: The DXY is back above 100, up 1.8% from last week’s lows. A strong dollar helps importers but may...
The GBP/CHF currency pair is currently exhibiting a bearish sentiment, aligned with the broader downtrend. Recent price action shows the market is in a sideways consolidation phase, indicating a potential pause before the next directional move.
Key Trading Level: 1.1230
This level marks a prior intraday consolidation zone and serves as a critical resistance area...
The GBPAUD currency pair continues to exhibit a bullish price action bias, underpinned by a well-established rising trend. Recent intraday movements indicate a sideways consolidation, suggesting the pair may be preparing for the next directional move.
Key Support Level: 2.0700
This level represents a significant area of prior consolidation and now acts as...
The GBP/USD currency pair maintains a bullish sentiment, supported by a rising trendline and sustained higher lows. The recent intraday price action suggests a corrective pullback within an overall uptrend, indicative of a consolidation phase rather than a reversal.
Key Support Level: 1.3400
This level aligns with a previous consolidation zone and is acting as a...
