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,...
The EUR/USD currency pair is exhibiting a bullish sentiment, underpinned by the prevailing long-term uptrend. Recent intraday price action shows 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 is at 1.0809, marking...
The DAX (DE40) equity index is exhibiting a bullish sentiment, driven by the prevailing longer-term uptrend. The recent intraday price action indicates a sideways consolidation near the breakout level, which previously acted as resistance and has now transformed into a new support zone.
Key Support and Resistance Levels:
Support Zone: The primary support level...
Tuesday March 11
Data: US February NFIB small business optimism, January JOLTS report, Japan February machine tool orders, PPI
Central banks: ECB’s Rehn speaks
Earnings: Volkswagen, Partners Group
Auctions: US 3-yr Notes
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of...
The AUD/USD currency pair is currently exhibiting a bullish sentiment, supported by the continuation of the longer-term prevailing uptrend. Recent intraday price action shows a period of sideways consolidation near the breakout level, which was previously a resistance zone and has now transitioned into a new support area.
Bullish Scenario:
The key trading level...
The NZD/USD currency pair remains in a bearish trend, supported by the longer-term prevailing downtrend. However, recent intraday price action suggests sideways consolidation, indicating a potential buildup before the next significant move.
Bearish Scenario:
The key level to watch is 0.5770, aligning with the previous consolidation zone.
A potential oversold...
The USD/CHF currency pair is currently exhibiting a bearish sentiment, as evidenced by the loss of the longer-term prevailing uptrend. The key trading level to watch is 0.8865, which represents the current intraday swing low and the falling resistance trendline level.
Bearish Scenario:
If the price fails to break above the 0.8865 level and faces a bearish...
Key Support and Resistance Levels
Resistance Level 1: 5768
Resistance Level 2: 5800
Resistance Level 3: 5920
Support Level 1: 5647
Support Level 2: 5624
Support Level 3: 5560
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...
Key Support and Resistance Levels
Key Trading Level: 2,900
Resistance Level 1: 2,927 (intraday swing high and trendline resistance)
Resistance Level 2: 2,940
Resistance Level 3: 2,955
Support Level 1: 2,870
Support Level 2: 2,830
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular...
Bullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8420, which acts as a critical resistance zone. If the price rallies above 0.8420, the uptrend could resume, targeting 0.8440, with further resistance levels at 0.8460 and 0.8500 over the longer timeframe.
Bearish Scenario:
A...
The GBPAUD 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 2.0227. A potential overbought pullback from current levels, followed by a...
The GBP/USD currency pair demonstrates a bullish sentiment, underpinned by the prevailing long-term uptrend. Recent intraday price action has displayed sideways consolidation, gravitating toward the breakout level and previous resistance. This movement potentially forms a bullish flag continuation pattern, suggesting a resumption of the upward trend.
Key Support...
The FTSE equity index currently shows a bearish sentiment, driven by the breakdown of the long-term prevailing uptrend. The recent oversold bounceback is attempting to retest major resistance at 8760, which marks the intraday swing high and aligns with the falling resistance trendline.
Key Support and Resistance Levels
Resistance Level 1: 8760 (intraday swing...
Monday March 10
Data: US February NY Fed 1-yr inflation expectations, Japan February Economy Watchers survey, M2, M3, January household spending, leading index, coincident index, Germany January industrial production, trade balance, Italy January PPI, Sweden January GDP indicator, Denmark and Norway February CPI
Central banks: ECB’s Nagel speaks
Earnings:...
Cardano (ADAUSD) maintains a bullish sentiment in the longer term, but recent price action is showing signs of potential weakness, as a double-top reversal pattern may be forming following its all-time high at 13,250 on December 3, 2024. The key trading level at 8,660 will be crucial in determining the next directional move.
Key Levels to Watch
Resistance Levels:...
Litecoin (LTCUSD) remains in a neutral stance, as price action continues to trade within a longer-term sideways range. The key trading level at 960.00 will play a crucial role in determining the next directional move.
Key Levels to Watch
Resistance Levels: 1,120, 1,217, 1,320, 1,374
Support Levels: 859.00, 816.00
Bearish Scenario
If LTCUSD fails to bounce back...
TRON (TRONUSD) remains in a bullish trend, supported by a longer-term uptrend. However, recent intraday price action suggests a sideways consolidation, with the rising support trendline acting as a key structural level.
Key Levels to Watch
Resistance Levels: 2,466, 2,614, 2,780
Support Levels: 2,034, 1,925, 1,741
Bullish Scenario
A successful bounce from the...
Ethereum (ETH/USD) remains in a bearish trend, aligned with the longer-term prevailing downtrend. The price action suggests continued selling pressure, with critical resistance and support levels defining the next move.
Key Technical Levels
Immediate Resistance: $2,490 (previous support, now acting as resistance)
Major Resistance Levels:
$2,634
$2,785
Key...
