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 zone.
The key trading level is at 0.8946, the previous consolidation price range, and the rising support trendline (Daily timeframe) zone. A corrective...
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 a retest of an all-time high on 19th Feb ‘25.
The key trading level is at the 6007 level, the consolidation price range and also the previous resistance is now a newly formed...
The GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the all-time high on 20th Feb ‘25.
The key trading level is at the 2920 level, the consolidation price range and also the current daily pivot level. A...
The EURGBP currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 0.8320. An oversold rally from the current levels and a bearish rejection from the 0.8320 level could target the downside support at 0.8260 followed by the 0.8250 and 0.8220 levels over the longer...
The GBPAUD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 2.010, which is the current swing high from Monday 03rd February’25. A bearish rejection from the 2.010 level could target the downside support at 1.975 followed by 1.960 and 1.946 levels over the longer...
The GBPUSD currency pair intraday price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 1.2517, the 05th Feb ‘25 swing high. A corrective pullback from the current overbought levels could target the downside support at 1.2517. A bullish bounceback from the rising support at 1.2517 could target...
The FTSE (UK100) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 8608, which is the 21st February swing low. A corrective pullback from the current levels and a bullish bounce back from the 8608 level could target the upside resistance at 8740 followed by the 8790 and 8850 levels over the...
Monday February 24
Data: US January Chicago Fed national activity index, February Dallas Fed manufacturing activity, Japan January PPI services, Germany February Ifo survey
Central banks: BoE's Lombardelli, Ramsden and Dhingra speak
Earnings: Diamondback Energy, Trip.com, Domino's Pizza, Cleveland-Cliffs
Auctions: US 2-yr Notes ( LSE:69BN )
This communication...
The Cardano (ADAUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since the spike to all-time high of 13,250 on 03rd December 2024, the ADAUSD price action is starting to display some signs of bearish behaviour by potentially forming a double-top reversal pattern.
The key trading level is at the “Neckline”...
The LTCUSD price action sentiment appears neutral, supported by the longer-term sideways trading range.
The key trading level is at 1,209, 17th Feb swing low level. An overbought pullback from the current levels and a bearish rejection from the 1,209 level could target the downside support at 1,082 followed by the 1,000 level over the longer...
The TRON (TRONUSD) 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 2,034 level, the previous consolidation price range and also the rising support trendline zone. A...
The Ethereum (ETHUSD) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 3,070, 200 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 3,0700 level could target the downside support at 2,500 followed by 2,340 and 2,190 levels over the longer...
The Bitcoin (BTC) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since the spike to an all-time high of 109,000 on 20th January 2025, the BTC price action is starting to display some signs of bearish behaviour by potentially forming a double-top reversal pattern.
The key trading level is at the “Neckline” 91,900...
The COPPER price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a corrective pullback towards the previous consolidation price range and also the rising support trendline zone.
The key trading level is at the 9260 level, the previous consolidation price range and also the rising...
The ALUMINIUM price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation bullish flag pattern.
The key trading level is at the 2593 level, the previous consolidation price range and also the 50 Day Moving Average zone. A corrective pullback from the current...
The AUDJPY currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounceback is retesting major resistance at 97.30.
The key trading level is at 97.30, which is the current swing high, 50 Day Moving Average and previous support now newly formed resistance. An oversold rally from the current...
The GBPAUD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 2.010, which is the current swing high from Monday 03rd February’25. A bearish rejection from the 2.010 level could target the downside support at 1.975 followed by 1.960 and 1.946 levels over the longer...
The EURAUD currency pair price action sentiment appears neutral, supported by the longer-term sideways consolidation. However, the recent oversold bounce-back retest of the major resistance at 1.6517 could trigger a bearish reversal.
The key trading level is at 1.6517, which is the current swing high. A bearish rejection from the 1.6517 level could target the...
