Key Support and Resistance Levels
Resistance Level 1: 0.8360
Resistance Level 2: 0.8390
Resistance Level 3: 0.8460
Support Level 1: 0.8160
Support Level 2: 0.8100
Support Level 3: 0.8050
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...
Key Support and Resistance Levels
Resistance Level 1: 3332
Resistance Level 2: 3365
Resistance Level 3: 3409
Support Level 1: 3188
Support Level 2: 3138
Support Level 3: 3090
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...
The GBP/USD pair continues to exhibit a bullish longer-term trend, underpinned by a series of higher highs and higher lows. However, recent price action shows consolidation within a sideways trading range, suggesting a pause or potential accumulation before the next directional move.
The key technical level to monitor is 1.3400, which aligns with a prior...
The FTSE 100 is showing bullish momentum, supported by an ongoing uptrend. Recent price action suggests a breakout above a period of sideways consolidation, indicating strong buying interest.
Key Support: 8590 – This was the previous consolidation zone and now acts as a critical level.
If the index pulls back to 8590 and holds, it may resume the uptrend with...
The ETH/USD pair maintains a bullish overall sentiment, underpinned by a sustained upward trend.
Key Levels:
Support: 2,190 (primary), followed by 2,123 and 2,046
Resistance: 2,625, with extended targets at 2,725 and 2,850
A corrective dip toward the key support zone at 2,190 could offer a bullish rebound opportunity. A successful bounce from this level would...
AUDUSD maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.6355 – previous consolidation range and pivotal support
Upside Targets:
0.6470 – initial resistance
0.6500 and 0.6550 –...
Trend Overview:
EUR/GBP remains in a longer-term bearish trend, with recent price action aligning with the prevailing downward momentum.
Key Resistance Level:
0.8440 – Recent swing high and critical resistance. A pivotal level to watch for near-term direction.
Key Support Levels:
0.8390 – Initial support target on bearish rejection.
0.8375 – Secondary...
The DAX index remains in a long-term uptrend, reflecting a bullish overall sentiment. The recent price action shows a bullish breakout above sideways consolidation.
The key support level is at 23,520, which marks the lower boundary of the recent trading range. If the index pulls back and holds above this level, it would suggest continued bullish momentum. A...
Thursday May 22
Data: US, UK, Japan, Germany, France and the Eurozone May flash PMIs, US April Chicago Fed national activity index, existing home sales, May Kansas City Fed manufacturing activity, initial jobless claims, UK April public finances, Japan March core machine orders, Germany May Ifo survey, France May business confidence, April retail sales, Canada...
Geopolitical Risk: Oil prices spiked after CNN reported Israel may strike Iran’s nuclear sites, increasing market uncertainty. No final decision confirmed yet.
Rising geopolitical tension could weigh on risk sentiment and equities.
Safe-Haven Moves: The Swiss franc and Japanese yen strengthened as investors moved to safety. Reflects cautious tone in global...
Price Movement: WTI Crude trades around $62.70 per barrel, marking a fourth straight session of gains.
Main Bullish Driver: Geopolitical tensions — reports suggest Israel may strike Iran’s nuclear sites, sparking fears of supply disruption from Iran (OPEC’s 3rd largest producer).
Risk of Iran retaliating by blocking the Strait of Hormuz, which could disrupt...
The GBP/USD pair continues to exhibit a bullish longer-term trend, underpinned by a series of higher highs and higher lows. However, recent price action shows consolidation within a sideways trading range, suggesting a pause or potential accumulation before the next directional move.
The key technical level to monitor is 1.3400, which aligns with a prior...
The FTSE 100 is showing bullish momentum, supported by an ongoing uptrend. Recent price action suggests a breakout above a period of sideways consolidation, indicating strong buying interest.
Key Support: 8590 – This was the previous consolidation zone and now acts as a critical level.
If the index pulls back to 8590 and holds, it may resume the uptrend with...
Wednesday May 21
Data: UK April CPI, RPI, March house price index, Japan April trade balance
Central banks: Fed's Hammack, Daly, Bostic, Barkin and Bowman speak, ECB's Lane and Guindos speak
Earnings: TJX, Medtronic, Snowflake, Target, Baidu, SSE, XPeng, Marks & Spencer
Auctions: US 20-yr Bonds
This communication is for informational purposes only and should...
EUR/USD remains in a long-term bullish trend, but price action has been consolidating sideways since reaching the recent swing high on April 21, 2025.
The key support level to watch is 1.1100. This is the current swing low and a critical level for the bullish structure to hold. If the pair pulls back and finds support here, a rebound could lead to upside targets...
The DAX index remains in a long-term uptrend, reflecting a bullish overall sentiment. The recent price action shows a bullish breakout above sideways consolidation.
The key support level is at 23,520, which marks the lower boundary of the recent trading range. If the index pulls back and holds above this level, it would suggest continued bullish momentum. A...
Tuesday May 20
Data: US May Philadelphia Fed non-manufacturing activity, China 1-yr and 5-yr loan prime rates, Germany April PPI, Italy March current account balance, ECB March current account, Eurozone March construction output, May consumer confidence, Canada April CPI, Denmark Q1 GDP
Central banks: Fed's Bostic, Barkin, Collins and Musalem speak, ECB's...
Key Support and Resistance Levels
Resistance Level 1: 3332
Resistance Level 2: 3365
Resistance Level 3: 3409
Support Level 1: 3188
Support Level 2: 3138
Support Level 3: 3090
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...
