The BRENT Crude (Brent Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 7685, 20 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 7685 level could target the downside support at 7400 followed by 7300 and 7225 levels over the longer...
The NSDQ100 (USTec) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a bullish breakout. The key trading level is at 21840 level, previous resistance now newly formed support. A corrective pullback from the current levels and a bullish bounce back from the 21840 level could...
The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range. The key trading level is at 44460, the current swing low. A corrective pullback from the current levels and a bullish...
The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9512. The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the...
The EURGBP currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 0.8360. An oversold rally from the current levels and a bearish rejection from the 0.8360 level could target the downside support at 0.8312 followed by the 0.8290 and 0.8270 levels over the longer...
The EURUSD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 1.0500. An oversold rally from the current levels and a bearish rejection from the 1.0500 level could target the downside support at 1.0425 followed by the 1.0374 and 1.0347 levels over the longer...
Key Trading Level is at 22563 Support: 270 followed by 22140 and 21923 Resistance: 23200 followed by 23300 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 intended as an offer or solicitation for the purchase or sale of any...
Tuesday February 18 Data: US February Empire manufacturing index, NAHB housing market index, December total net TIC flows, UK December average weekly earnings, unemployment rate, January jobless claims change, Japan January trade balance, December core machine orders, Germany February Zew survey, Eurozone February Zew survey, Canada January CPI, existing home...
The key trading level is 2300 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 intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions,...
The ASX200 (AUS200) 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 8490 level, the previous consolidation price range, and also...
The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action creates a sequence of higher highs and higher lows. The recent consolidation appears to be breakout and a retest of a bullish pennant. The key trading level is at 3171, which is the current swing low. A corrective pullback from the current...
The Russell2000 (US2000) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 25th November 2024 the Russell2000 index price action is consolidating in a sideways trading range. The key trading level is at 2236, which is the current swing low. A corrective pullback from the...
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 intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed...
The EURCHF currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The recent oversold bounce back is retesting major resistance at 0.9512. The key trading level is at 0.9520, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 0.9520 level could target the...
The GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 193.00. An oversold rally from the current levels and a bearish rejection from the 193.00 level could target the downside support at 189.60 followed by 188.30 and 187.10 levels over the longer timeframe. Alternatively, a confirmed...
The GBPUSD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 1.2600, the current swing high. A bearish rejection from the 1.2600 level could target the downside support at 1.2517 followed by 1.2400 and 1.2330 levels over the longer timeframe. Alternatively, a confirmed breakout...
The FTSE (UK100) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The key trading level is at 8695. swing low. A corrective pullback from the current levels and a bullish bounce back from the 8695 level could target the upside resistance at 8800 followed by the 8830 and 8916 levels over the longer...
Monday, February 17 Data: Japan December capacity utilisation, Tertiary industry index, Italy December trade balance, Eurozone December trade balance, Canada January housing starts, December international securities transactions Central banks: Fed's Harker, Bowman and Waller speak, ECB's Nagel speaks Earnings: BHP Group Other: US Presidents' Day holiday,...