USD/CHF remains in a bearish trend, with recent price action confirming a break below the previous consolidation zone, reinforcing downside momentum.
Key Resistance Level: 0.8650 – former support now acting as resistance
Downside Targets:
0.8500 – near-term support
0.8435 and 0.8400 – medium to long-term bearish targets
An oversold bounce toward 0.8650 could...
Global stocks sold off sharply on Monday as investors rushed into safe-haven assets, driven by growing concerns over U.S. President Donald Trump’s tariffs. The market reaction is forcing Wall Street analysts to dial back their bullish outlook on U.S. equities.
Despite the market turmoil, Trump and his team downplayed fears of inflation and recession, remaining...
Gold maintains a bullish sentiment, in line with the prevailing uptrend. Recent intraday price action suggests a corrective pullback, potentially retesting the previous consolidation zone for support.
Key Level: 3028
This zone represents a significant area of prior consolidation and now acts as a key support level.
Bullish Scenario:
A pullback toward 3028...
EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.8450 – previous consolidation range and pivotal support
Upside Targets:
0.8576 – initial resistance
0.8616 and 0.8650 –...
GBPAUD retains a bullish outlook, driven by the prevailing uptrend. The latest price movement suggests a corrective pullback toward a previous consolidation zone, offering potential for trend continuation.
Key Support Level: 2.1100 – prior consolidation area and immediate decision point for bulls
Upside Targets:
2.1550 – initial resistance
2.1720 and 2.2000 –...
GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a corrective pullback toward a key prior consolidation area.
Key Support: 1.2765 – aligns with the previous consolidation zone and potential bullish inflection point.
Upside Targets:
1.2935 – initial resistance...
The FTSE 100 Index remains in a bearish structure, with recent price action confirming a break below the prior consolidation zone, indicating potential for further downside.
Key Resistance: 7770 – former support turned resistance, aligning with the intraday consolidation area.
Support Levels:
7522 – near-term target if bearish momentum continues
7463 and 7400...
Key Data Releases (Market Moving Potential)
US – February Consumer Credit
Insight into consumer borrowing trends – potential impact on USD and interest rate expectations.
China – March Foreign Reserves
Watch for signals on capital flows and yuan (CNY) stability.
Japan – February Labor Cash Earnings, Leading & Coincident Indexes
Wage data affects inflation...
Market Sentiment:
The prevailing trend for LTCUSD remains bearish, with the recent price action appearing to be an oversold bounce rather than a sustained recovery.
Key Levels:
Resistance: 897.70 (Previous consolidation zone)
Support Levels: 826.80 → 790.20 → 746.40
Potential Scenarios:
Bearish Continuation: If LTCUSD fails to break above 897.70 and faces...
The ETH/USD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 2,171, which represents the current intraday swing high and the falling resistance trendline level.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 2,171 resistance, could lead to a downside...
Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 88,000 level. The continuation of selling pressure could extend the downside move, with key support levels at 79,000, followed by 76,278 and 74,222.
Alternatively, a confirmed breakout above 91,900, accompanied by a daily close higher, would invalidate the...
Key Support and Resistance Levels
Resistance Level 1: 40540
Resistance Level 2: 41000
Resistance Level 3: 42000
Support Level 1: 38940
Support Level 2: 38175
Support Level 3: 37320
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...
Key Support and Resistance Levels
Resistance Level 1: 18435
Resistance Level 2: 18800
Resistance Level 3: 19580
Support Level 1: 17680
Support Level 2: 17300
Support Level 3: 17000
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...
Silver maintains a bullish sentiment, in line with the prevailing uptrend. Recent intraday price action suggests a corrective pullback, potentially retesting the previous consolidation zone for support.
Key Level: 3090
This zone represents a significant area of prior consolidation and now acts as a key support level.
Bullish Scenario:
A pullback toward 3090...
Gold maintains a bullish sentiment, in line with the prevailing uptrend. Recent intraday price action suggests a corrective pullback, potentially retesting the previous consolidation zone for support.
Key Level: 3058
This zone represents a significant area of prior consolidation and now acts as a key support level.
Bullish Scenario:
A pullback toward 3058...
The STOXX 50 index maintains a bearish outlook, aligned with the broader downtrend. Recent price action confirms a breakdown below a key consolidation zone, reinforcing the downward pressure.
Key Level: 5133
This level represents the former intraday consolidation zone and now acts as a pivotal resistance.
Bearish Scenario:
An oversold rally toward 5133 followed...
The FTSE 100 continues to exhibit bearish sentiment, in line with the prevailing downtrend. Recent price action confirms a breakdown below the previous consolidation zone, reinforcing downside pressure.
Key Level: 8460
This level marks the former intraday consolidation area and now acts as critical resistance. A near-term oversold bounce toward this level is...
US March Jobs Report
Most important release this week.
Strong report boosts the dollar and bond yields
Weak report supports stocks and pressures the dollar
Canada March Jobs Report
Strong numbers lift the Canadian dollar
Weak numbers weigh on CAD
Germany, France, Italy Data
Includes factory orders, industrial production, and retail sales
Weak data puts pressure...
