Market analysis from Trade Nation
Sentiment: Bullish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 3280, followed by 3315 and 3350. Support: Key support is at 3200 followed by 3165 and 3140. 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...
Sentiment: Bullish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2930, followed by 2955 and 3000. Support: Key support is at 2895 followed by 2880 and 2830. 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...
Sentiment: Bearish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 6870, followed by 6930 and 7000. Support: Key support is at 6610 followed by 6540 and 6440. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 8760, followed by 8910 and 9000. Support: Key support is at 8620 followed by 8536 and 9000. 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...
Sentiment: Bullish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 23460, followed by 23900 and 24033. Support: Key support is at 22843 followed by 22520 and 22220. 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...
Sentiment: Bullish INTRADAY, Price action consolidates in a tight trading range. Resistance: Key Resistance is at 8265, followed by 8309 and 8354 - 8400 levels. Support: Key support is at 8099 followed by 7983 and 7928. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of...
Sentiment: Bearish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2135, followed by 2175 and 2208. Support: Key support is at 2020 followed by 2000 and 1900. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 20660, followed by 21000 and 21315. Support: Key support is at 19660 followed by 19300 and 18914. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 43145, followed by 43600 and 44000. Support: Key support is at 43303 followed by 42000 and 41650. 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...
Sentiment: Bearish INTRADAY Price action is consolidating in a tight trading range Resistance: Key Resistance is at 5920, followed by 6003 and 6010. Support: Key support is at 5664 followed by 5600 and 5554. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2476, followed by 2588 and 2718. Support: Key support is at 2277 followed by 2157 and 2000. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2236, followed by 2296 and 2380. Support : Key support is at 2153 followed by 2090 and 2000. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 92500, followed by 95145 and 97480. Support : Key support is at 87530 followed by 85190 and 82550. 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...
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2100, followed by 2113 and 2123. Support : Key support is at 2054 followed by 2035 and 2026. 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...
Market Context: After a period of heightened volatility, the Dow Jones (US30) has undergone a corrective pullback. Investor sentiment is now focused on the upcoming US jobs report (8:30 a.m. Washington time, 13:30 London time) as a key catalyst for the next move in equity markets. A weaker-than-expected jobs report could raise concerns about a slowing economy,...
The GOLD (XAUUSD) index pair price action sentiment appears neutral, supported by the loss of longer-term prevailing uptrend. The recent intraday price action appears to be an overbought sideways consolidation after reaching the all-time high on 20th Feb ‘25. The key trading level is at the 2896 level, the support trend line zone. An oversold bounce back from the...
Bearish Scenario: WTI Crude remains in a bearish trend, with price action aligned with the prevailing longer-term downtrend. The key resistance level to watch is 68.71. If an oversold rally occurs but faces rejection at this level, the downtrend is likely to continue, targeting 66.50, followed by 66.08 and 65.75 as the next downside support zones over a longer...
Current Trend: Bullish (Long-term Uptrend) Pattern Formation: Expanding Triangle (Sideways Consolidation) Key Support Level: 5386 Key Resistance Levels: 5470, 5527, 5570 Bullish Scenario: The STOXX 50 remains within a long-term uptrend, with recent price action consolidating in an expanding triangle pattern. A pullback from current levels could find support at...