The USDJPY currency pair remains in a bearish trend, with the recent price action showing signs of an oversold bounce. While a temporary rebound is in play, the broader sentiment remains weak unless a decisive breakout occurs.
Key Levels to Watch:
Resistance Levels: 151.21 (critical level), 152.20, 153.04
Support Levels: 149.17, 148.26, 147.22
Bearish Scenario:
A...
USDCHF maintains a bearish sentiment, aligned with the prevailing downtrend. The recent price action suggests an oversold bounce, which may be temporary before the downtrend resumes.
Key Level: 0.8856
This level represents the previous consolidation zone and serves as a crucial resistance point.
Bearish Scenario: If the price faces rejection at 0.8856, it could...
USDCAD remains in a bullish trend, supported by the prevailing uptrend. The recent price action indicates a corrective pullback toward a key support zone.
Key Level: 1.4300
This level represents the previous consolidation range and serves as a crucial support area.
Bullish Scenario: A bounce from 1.4300 could reinforce the uptrend, with potential targets at...
Donald Trump’s team is finalizing options for a reciprocal tariff plan, with proposals including a tiered system and a customized approach. Markets await clarity from the president’s 4 p.m. Rose Garden announcement, which could impact trade and financial markets.
Resistance Level 1: 2028
Resistance Level 2: 2045
Resistance Level 3: 2080
Support Level 1:...
Donald Trump’s team is finalizing options for a reciprocal tariff plan, with proposals including a tiered system and a customized approach. Markets await clarity from the president’s 4 p.m. Rose Garden announcement, which could impact trade and financial markets.
Resistance Level 1: 19579
Resistance Level 2: 19962
Resistance Level 3: 20345
Support Level 1:...
Brent Crude Oil maintains a bullish sentiment, aligned with the prevailing uptrend. The recent price action suggests a corrective pullback toward a key support zone.
Key Level: 74.20
This level represents the previous consolidation range and now acts as a crucial support area.
Bullish Scenario: A bounce from 74.20 could see Brent resuming its upward trajectory,...
WTI Crude Oil maintains a bullish sentiment, supported by the prevailing uptrend. The recent intraday movement suggests a corrective pullback toward a key support zone.
Key Level: 70.45
This level represents the previous consolidation zone and now acts as a critical support area.
Bullish Scenario: If the price bounces from 70.45, it could resume its upward...
The CAC40 index is exhibiting bearish sentiment, aligning with the prevailing downtrend. The recent price action suggests an oversold bounce, which may be temporary before the downtrend resumes.
Key Level: 7,900
This level represents the previous intraday consolidation zone and serves as a crucial resistance point.
Bearish Scenario: If the index faces rejection...
Trend Overview:
The FTSE 100 remains in a prevailing uptrend, with recent price action reflecting a corrective pullback towards a previous consolidation zone, now acting as a support level.
Key Levels:
Support: 8550 (key level), 8490, 8430
Resistance: 8614, 8655, 8700
Bullish Scenario:
A pullback to 8550, followed by a strong bullish reversal, could confirm...
Wednesday, April 2
Data Releases: US March ADP report, February factory orders, Japan March monetary base, France February budget balance.
Central Banks: Speeches from Fed’s Kugler, ECB's Schnabel, and Escriva.
Trump Tariff Announcement: Trump’s team is finalizing options for a 4 p.m. announcement, considering a tiered system with flat rates or a customized...
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...
Resistance Level 1: 42375
Resistance Level 2: 42846
Resistance Level 3: 43288
Support Level 1: 41279
Support Level 2: 41000
Support Level 3: 40562
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...
Resistance Level 1: 5711
Resistance Level 2: 5788
Resistance Level 3: 5863
Support Level 1: 5487
Support Level 2: 5412
Support Level 3: 5262
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...
The EURAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes.
The key trading level to watch is 1.7050. A potential overbought pullback from current levels, followed by a...
The EUR/CHF currency pair is showing a bullish sentiment, supported by the prevailing long-term uptrend. Recent intraday price action indicates a bullish breakout from a sideways consolidation phase, with the previous resistance now acting as a new support zone.
Key Support and Resistance Levels:
Support Zone: The critical support level to watch is 0.9530,...
Trend Overview: The EUR/USD currency pair remains in a bullish trend, supported by a prevailing uptrend. The recent intraday price action suggests a corrective pullback towards a newly formed support zone, previously a resistance level.
Key Levels to Watch:
Support Levels:
1.0755 – Previous resistance turned support, key level for potential bounce.
1.0700 –...
