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...
Trend Analysis:
Gold price action exhibits a bullish sentiment, underpinned by the prevailing uptrend. The recent intraday movement appears to be a corrective sideways consolidation, suggesting that the bullish momentum remains intact despite short-term profit-taking and consolidation.
Key Level (3020):
The critical trading level to watch is 3020, which marks the...
Current Trend: Bullish (Long-term Uptrend)
Pattern Formation: Expanding Triangle (Sideways Consolidation)
Key Support Level: 5283
Key Resistance Levels: 5440, 5500, 5570
Bullish Scenario:
The STOXX 50 remains within a long-term uptrend, with recent price action consolidating in an expanding triangle pattern.
A pullback from current levels could find support at...
The FTSE 100 equity index is exhibiting bullish sentiment, reinforced by the prevailing uptrend. The recent intraday price action appears to be a corrective sideways consolidation, potentially forming a Bullish Flag continuation pattern, which typically precedes a continuation of the upward momentum.
Key Trading Levels:
Support Level: The critical support level...
Key Market Events – Friday, March 28
U.S. Data:
February PCE (Core & Headline): Key Fed inflation gauge—high impact on rate expectations.
Personal Income & Spending: Consumer strength insights.
March Kansas City Fed Services Activity: Regional business sentiment.
Europe:
UK February Retail Sales: Consumer demand check.
Germany March Unemployment, April GfK...
Key Trading Level: 95.70
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 95.70 could reinforce selling pressure, targeting 94.20 as the first support level, with further...
The GBP/CAD currency pair maintains a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a corrective pullback toward the previous consolidation zone and the support trendline area.
Bullish Scenario:
The key trading level to monitor is 1.8400, which represents the previous consolidation range. A successful bullish bounce...
The GBP/JPY currency pair shows a bullish sentiment, reinforced by the prevailing uptrend. Recent intraday price action appears to be a bullish breakout above previous resistance zone.
Bullish Scenario:
The key trading level to watch is 193.24, which represents the previous consolidation range. A successful bullish bounce from this level could target the 195.00...
Market Impact Dow Jones: The better-than-expected GDP and healthy labor market data suggest economic momentum remains intact, supporting corporate earnings and risk appetite. However, persistent strength may delay Fed rate cuts, potentially leading to market volatility.
Key Support and Resistance Levels
Resistance Level 1: 42850
Resistance Level 2:...
