Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 91,900 level. The continuation of selling pressure could extend the downside move, with key support levels at 82,563, followed by 79,428 and 76,000.
Alternatively, a confirmed breakout above 91,900, accompanied by a daily close higher, would invalidate the...
Copper maintains a bullish sentiment, supported by a longer-term uptrend. However, the recent price action suggests a corrective pullback toward a key support zone, which could determine the next major move.
Key Levels to Watch
Resistance Levels: 9440 (200 DMA), 9650, 9950
Support Levels: 9260, 9160 (50 DMA), 9060
Bullish Scenario
A successful retest and bounce...
Aluminium maintains a bullish sentiment, supported by a longer-term uptrend. However, recent price action shows sideways consolidation, indicating a potential breakout or corrective move in the near term.
Key Levels to Watch
Resistance Levels: 2708, 2740, 2780
Support Levels: 2660, 2544 (200 DMA), 2480, 2360
Bullish Scenario
A strong breakout above the 2660...
Key Trading Level: 94.70
Bearish Scenario:
The overall sentiment remains bearish, aligned with the longer-term prevailing downtrend. Recent price action suggests a sideways consolidation, indicating potential continuation of the downtrend. A bearish rejection from 94.70 could reinforce selling pressure, targeting 92.33 as the first support level, with further...
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 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...
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...
