S&P 500 (SPX) Daily Technical Analysis - Price Action: The index is trading at 5,730.7, currently testing a strong support zone after a sharp decline. - Trend Analysis: The upward trendline has been broken, signaling a shift in market sentiment. However, price is reacting to a key support area. - Key Levels: - Support Zone: 5,670 - 5,730 (critical...
GBP/USD Technical Analysis (4H Chart) - Resistance Zone: The price is facing strong resistance around 1.2950–1.3000, leading to a potential reversal. - Price Action: A rejection from this area suggests bearish momentum may build. - Target Area: If the decline continues, the next key support is near 1.2700. - Volume Analysis: Selling pressure is...
Technical Analysis of GBP/JPY (1H Chart) The price tested a well-defined resistance area (191.200-191.700) and faced rejection, confirming strong resistance. The bearish momentum suggests a continuation toward the target area at 189.600-189.000. NOTE: The more strong supply zone near 192.100-192.500. - Supply Zone Holding: Price failed to break above...
XRP/USD Technical Analysis Key Levels: - Resistance: $2.29719 - $2.42730 - Support: $1.91020 - $1.90542 Market Structure: - XRP/USD is testing a key resistance area near $2.30-$2.42. - A rejection from this zone could lead to a downside move toward the target area near $1.91. - If buyers break above resistance, bullish momentum could...
Technical Analysis of AUD/USD (1H Chart) The price tested a well-defined supply zone (0.63154–0.63366) and faced rejection, confirming strong resistance. The bearish momentum suggests a continuation toward the target area at 0.62373–0.62352. - Supply Zone Holding: Price failed to break above resistance. - Bearish Momentum: Selling pressure increasing...
Gold (XAU/USD) Technical Analysis Market Structure: - Gold initially consolidated before a breakout with a strong candle, indicating bullish momentum. - A fakeout below the support zone triggered stop-loss hunting, followed by a reversal. - The price has now entered the buying area, where demand is pushing it higher. Trade Setup: - Bullish...
NZD/JPY Technical Analysis NZD/JPY is currently reacting to a key supply zone around 85.174 – 85.609, where sellers have previously dominated. The price has shown signs of rejection from this resistance area, indicating potential bearish momentum. If the selling pressure continues, the pair could move toward the target area near 83.476 – 83.497, aligning with...
Technical Analysis of USD/CAD (1H Chart) The price recently broke below a well-defined parallel channel, indicating a shift in momentum. A fake breakout near the resistance zone (1.44700–1.44879) led to a sharp decline. The pair is currently testing this resistance area again, where a rejection could trigger further downside movement. Targets: - 1st...
USD/JPY Technical Analysis (Daily Chart) - Current Price: 146.855 (-0.80%) - Key Levels: - Demand Zone: 146.00 - 147.00 - Support Area: 143.413 - 1st Target: 148.681 - 2nd Target: 151.214 Analysis: The price is approaching a key demand zone where buyers may step in. A potential double-bottom formation could indicate a reversal. If the...
Gold (XAU/USD) 4H Technical Analysis - Price Action: Gold is trading at $2,909, consolidating below the identified selling area ($2,920 - $2,930) after a break of structure (BOS) and rejection from previous highs. - Trend Analysis: The previous upward trendline was broken, signaling a potential bearish shift. - Key Levels: - Selling Area: $2,920...
EUR/USD (1H) Technical Analysis - Price Action: EUR/USD is currently trading around 1.08360, consolidating after a recent rally. - Key Levels: - Support Zone: 1.0760 - 1.0780 (potential bounce area) - Demand Zone: 1.06988 - 1.06208 (stronger support if price drops further) - Target Area: 1.08728 (potential resistance) - Outlook: ...
(GOOGL) – Daily Technical Analysis - Support Zone ($162 - Point of Interest): A key demand area where price has historically rebounded. A retest could offer a potential buying opportunity. - Resistance Zone ($197 - Target Area): A strong supply zone where previous rallies have faced rejection. A breakout above this level could signal further upside...
Technical Analysis of NIFTY Futures - Trend Overview: The market is in a clear downtrend, with strong bearish momentum persisting. - Point of Interest: The price recently tested a key supply zone (marked in red) and faced rejection, signaling a potential continuation of the downtrend. - Support & Target: The next major demand zone is near 22,049,...
Technical Analysis of Gold (XAU/USD, 1H Chart) Gold recently broke below an upward trendline, signaling a shift in momentum. The price is now retesting the resistance area (2,909–2,917), where a rejection could confirm further downside movement. - Trendline Breakout: Indicates weakening bullish momentum. - Resistance Area: If price fails to break above,...
EUR/CHF Technical Analysis (4H Chart) Breakout and Surge to Target Area EUR/CHF witnessed a strong bullish breakout, reaching the Target Area (0.9645) after surpassing the Point of Interest (POI) at 0.9514-0.9530. Retest of Key Support Zone The price is currently pulling back to retest the POI, which now serves as a support level. Holding above this...
Tesla (TSLA) Technical Analysis – 1D Chart TSLA is approaching a Point of Interest (POI) around the $250-$270 range, a key historical demand zone. A bullish reaction here could trigger a reversal towards the 1st Target at $350.88, with further upside potential to the 2nd Target at $418.79. - Support Zone: $250 - $270 (POI) - 1st Target: $350.88 - 2nd...
Bitcoin (BTC/USD) Technical Analysis – 1H Chart Market Structure & Outlook: Bitcoin is currently testing a key support zone around $85,000, marked as the Point of Interest (POI). A potential bounce from this level could trigger a move toward the resistance area near $92,000. Scenario 1 (Bullish Case): - If buyers hold the POI, BTC could establish a...
Solana (SOL/USDT) Technical Analysis Key Levels to Watch: - Support Zone: $125 - $138 (Point of Interest) - Resistance Zone: $170 - $180 Market Outlook: SOL is currently testing a strong support area, with a potential for a bullish reversal. If buyers step in, we could see a push toward the $170 resistance area. However, failure to hold support...