Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation. The company is due to release its full-year 2024 results on 19 February at 18:00 GMT, with market analysts forecasting earnings per share of $7.84 amid operational challenges.
The price action sentiment appears neutral, the price is...
The NSDQ (USTec) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after reaching the intraday all time high.
The key trading level is at 21890 level, the consolidation price range and also the previous resistance now newly formed support...
S&P (US500) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation after reaching the intraday all time high.
The key trading level is at 6080 level, the consolidation price range and also the previous resistance now newly formed support zone. A...
The USDCHF currency pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the rising support trendline zone.
The key trading level is at 0.8980 level, the previous consolidation price range and also the rising support trendline zone. A...
The GBPCHF currency pair price action sentiment appears neutral, supported by the longer-term prevailing sideways consolidation price range.
The key trading level is at 1.1425, current swing high. An overbought pullback from the current levels and a bearish rejection from the 1.1425 level could target the downside support at 1.1310 followed by 1.1245 and 1.1165...
The FTSE (UK100) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 8695, which is the 31st January swing high. A corrective pullback from the current levels and a bullish bounce back from the 8695 level could target the upside resistance at 8850 followed by the 8895 and 8955 levels over the...
The CAC (F40) equity index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the rising support trendline zone.
The key trading level is at 8066 level, the previous consolidation price range and also the rising support trendline zone. A...
Wednesday February 19
Data: US January building permits, housing starts, February New York Fed services business activity, China January new and used home prices, UK January CPI, RPI, PPI, December house price index, Italy December current account balance, ECB December current account
Central banks: Fed's FOMC minutes, Jefferson speaks, RBNZ decision, BoJ's...
This was the RBA's first rate cut since 2020, with the bank citing some progress towards bringing down inflation, but warning that further monetary easing still hinged on more downside in inflation. The central bank indicated that it would retain a restrictive policy due to the strength of the jobs market and an uncertain global economic outlook.
The AUDJPY...
SOLANA price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an intraday dip below rising support trendline zone.
The key trading level is at 156.00 level, the previous consolidation price range and also the rising support trendline zone. A corrective pullback from the current...
The BRENT Crude (Brent Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7685, 20 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 7685 level could target the downside support at 7400 followed by 7300 and 7225 levels over the longer...
The NSDQ100 (USTec) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a bullish breakout.
The key trading level is at 21840 level, previous resistance now newly formed support. A corrective pullback from the current levels and a bullish bounce back from the 21840 level could...
The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 44460, the current swing low. A corrective pullback from the current levels and a bullish...
The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9512.
The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the...
The EURGBP currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 0.8360. An oversold rally from the current levels and a bearish rejection from the 0.8360 level could target the downside support at 0.8312 followed by the 0.8290 and 0.8270 levels over the longer...
The EURUSD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 1.0500. An oversold rally from the current levels and a bearish rejection from the 1.0500 level could target the downside support at 1.0425 followed by the 1.0374 and 1.0347 levels over the longer...
Key Trading Level is at 22563
Support: 270 followed by 22140 and 21923
Resistance: 23200 followed by 23300
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 intended as an offer or solicitation for the purchase or sale of any...
Tuesday February 18
Data: US February Empire manufacturing index, NAHB housing market index, December total net TIC flows, UK December average weekly earnings, unemployment rate, January jobless claims change, Japan January trade balance, December core machine orders, Germany February Zew survey, Eurozone February Zew survey, Canada January CPI, existing home...
