The DAX40 continues to exhibit bullish sentiment, breaking out from a period of sideways consolidation and pushing toward previous resistance and all-time highs (ATH). The prevailing uptrend supports further upside potential, with key resistance levels in focus.
Key Support and Resistance Levels
Resistance Level 1: 23,446
Resistance Level 2: 23,815
Resistance...
Trend Overview:
AUDUSD remains in a sideways trading range, indicating a neutral sentiment. Recent price action suggests a corrective pullback toward a previous consolidation zone, now acting as a key support at 0.6250.
Key Levels:
Support: 0.6250 (key level), 0.6200, 0.6140
Resistance: 0.6324, 0.6360, 0.6390
Bullish Scenario:
A bounce from 0.6250 would...
Trend Overview:
NZDUSD remains in a bullish uptrend, with recent price action showing a corrective pullback towards a previous consolidation zone, now acting as a key support at 0.5676.
Key Levels:
Support: 0.5676 (key level), 0.5660, 0.5640
Resistance: 0.5730, 0.5750, 0.5770
Bullish Scenario:
A bounce from 0.5676 would reinforce the support level, signaling a...
The USD/CHF price action exhibits bearish sentiment, supported by the prevailing downtrend. The current intraday swing high at 0.8860 serves as a critical trading level, as the pair shows potential for an oversold rally before facing bearish rejection.
Key Levels to Watch:
Key Resistance: 0.8860 (current intraday swing high)
Immediate Support: 0.8760
Lower...
S&P 500 futures are down 1%, with global markets falling on US tariff concerns and tech weakness (Nasdaq 100 -1.4%, Nvidia & Tesla -3% premarket). The S&P 500 is down 5.1% for Q1, its worst quarter since 2022, as uncertainty over Trump’s tariff plans (starting April 2) and a potential Russian oil ban weigh on sentiment.
Key Support and Resistance...
Trend Overview:
Gold maintains a strong bullish trend, with recent price action confirming a breakout above a previous consolidation zone, now acting as key support at 3085.
Key Levels:
Support: 3085 (key level), 3070, 3057
Resistance: 3143, 3160, 3200
Bullish Scenario:
A pullback to 3085, followed by a bullish rebound, would confirm the support level and...
The EUR/GBP pair continues to exhibit bearish sentiment, reinforced by the prevailing downtrend. The key intraday resistance level is at 0.8385, marking the current swing high.
Bearish Scenario:
An oversold rally from current levels, followed by a bearish rejection at 0.8385, would likely target downside support at 0.8340. A break below this level would open the...
Trend Overview:
The GBPAUD pair remains in a strong uptrend, with recent price action confirming a breakout above a previous consolidation zone, now acting as a key support level at 2.0596.
Key Levels:
Support: 2.0596 (key level), 2.0530, 2.0440
Resistance: 2.0755, 2.0840, 2.0895
Bullish Scenario:
A pullback to 2.0596, followed by a bullish bounce, would...
The GBPUSD currency pair price action sentiment appears bullish, supported by the prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the previous resistance.
The key trading level is at 1.2940 level, the previous consolidation price range. A corrective pullback from the current levels and a bullish bounce back from...
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...
Trend Overview: LTC/USD exhibits a neutral sentiment within a prevailing range-bound trading structure. The recent price action suggests an oversold bounce-back, forming a bearish sideways consolidation. This indicates indecision in the market, with neither bulls nor bears taking full control.
Key Levels:
Resistance: 960.00, 988.50, 1031.40
Support: 883.00,...
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...
Slightly hawkish as Core PCE remains elevated—could delay Fed rate cuts.
US Equityes may face short-term selling pressure as yields react.
If risk appetite holds, dips could present buying opportunities in growth stocks.
Watch Treasury yields & Fed commentary for further market direction.
Key Support and Resistance Levels
Resistance Level 1: 2113
Resistance...
SILVER bullish and overbought at the new ATH
Trend Overview:
Silver remains in a bullish trend, supported by an ongoing uptrend. However, a corrective pullback could present potential buying opportunities at key support levels.
Key Levels:
Support: 3400 (critical level), 3332, 3240
Resistance: 3440, 3488, 3555
Bullish Scenario:
A pullback to 3400 followed...
