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 (3000): The critical trading level to watch is 3000, which marks the...
The EUR/GBP pair continues to exhibit bearish sentiment, reinforced by the prevailing downtrend. The key intraday resistance level is at 0.8420, marking the current swing high. Bearish Scenario: An oversold rally from current levels, followed by a bearish rejection at 0.8420, would likely target downside support at 0.8353. A break below this level would open the...
The GBPAUD currency pair is showing bullish sentiment, bolstered by the prevailing uptrend. The recent intraday price action suggests a corrective sideways consolidation, indicating a potential pause before resuming the upward movement. Key Trading Levels: Support Level: The critical support to monitor is 2.0520, which marks the previous consolidation price...
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...
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...
Monday March 24 Data: US, UK, Japan, Germany, France and the Eurozone flash March PMIs, US February Chicago Fed national activity index Central banks: Fed’s Bostic and Barr speak, BoJ minutes of the January meeting, ECB’s Holzmann speaks, BoE’s Governor Bailey speaks Earnings: BYD This communication is for informational purposes only and should not be viewed...
Silver bullish & overbought, the key trading level is at 3194 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...
Gold bullish & overbought, the key trading level is at 2950 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...
WTI Crude Oil bearish & oversold, the key trading level is at 69.50 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...
FTSE100 bullish & overbought, the key trading level is at 8730 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...
DAX40 bullish & overbought, the key trading level is at 22467 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...
CAC40 bullish & overbought, the key trading level is at 7900 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...
RUSSELL 2000 bearish & oversold, the key trading level is at 2100 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...
NSDQ100 bearish & oversold, the key trading level is at 20090 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...
Dow Jones bearish & oversold, the key trading level is at 42488 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...
S&P500 bearish & oversold, the key trading level is at 5766 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...
Solana price action exhibits a bearish sentiment, driven by the prevailing downtrend. The recent price movement appears to be an oversold bounce back, forming a bearish sideways consolidation pattern. This indicates that bearish pressure remains dominant despite a temporary upward correction. Key Level (136.68): The critical trading level to monitor is 136.68,...
The ETH/USD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 2,140, 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 2,140 resistance, could lead to a downside...