EURNZD is biased upward and is likely to move toward 1.742 and 1.75 by the end of next week. Supports = 1.712 and 1.715 Resistances = 1.742 and 1.75
GBPNZD has been slightly upward biased and is expected to trade above the main support at 1.935.
EURGBP is approaching toward a key level around 0.8725 where a possible reversal is expected.
Key level around 0.915 is likely to stop the recent falling prices. One of the possible scenario for the next five days is to see the pair starts to making a floor around 0.915 and push the price higher toward 0.924. If 0.915 does not hold, downward pressure would continue toward 0.906.
GBPAUD has appeared to be overbought and is likely to pull back from a key reversal point at 1.827. Upside risk is seen around 1.835.
EURUSUD is likely to remain bearish as long as the pair holds below 1.058. Support=1.042/1.046 Upside risk = 1.065/1.07 Key level=1.058
AUDCAD has been bearish during this month. It is likely to see a pull-back around 0.913/0.916. 0.916 is a key level to watch for any potential upward move.
ELF stock's price has been trending upward since May 2022 which makes it attractive in the current environment. A zone between 63 and 67.5 would create an opportunity to buy dip. As long as ELF trades above 59, upward trend is likely to remain intact.
GBPUSD is bearish biased as long it trades below 1.19 and 1.193. Key support is seen around 1.165
EURZND is trending upward toward 1.75. Support=1.712 Possible reversal=1.75
GBPCAD is facing two key resistances at 1.633 and 1.642. Support is seen around 1.62
AUDNZD is likely to bounce back toward 1.088 if the pair holds above 1.072.
USDCAD is heading toward a major reversal zone around 1.375.
EURUSD is slightly biased upward, however it is facing reversal zone ranging between 1.0739 and 1.08.
AUDCAD is approaching toward a key level around 0.923. As long as it holds below 0.923, a possible pull-back toward 0.9165 is likely to happen. If the pair manages to consolidate above 0.923, it signals a bullish bias toward 0.933 Support = 0.9165 Resistance = 0.923
The base case scenario includes a volatile market which ranges between 270 and 330. As long as QQQ trades above 266, the base case scenario is in the cards. QQQ could however suffer significant losses if the key level around 266 does not hold. If market breaks 266 to the downside, major supports are located around 210 and 162. Resistance = 310, 330 and 347 Key...
GBPUSD appears to gain ground above 1.204 signaling that the bearish bias has lost momentum. If the pair holds above 1.204, it paves the way for more advance toward 1.219.
GOLD is still within a bearish channel, however downside price exhaustions have created a condition for possible oversold. If price manages to trade above 1820, it signals further advances toward key reversal zone between 1835 and 1842. Resistance = 1835 / 1842 Overall trend = Bearish Pivot level = 1820