The index may be en route to forming a new lower due to being pushed a bullish pullback!
Copper broke a bearish channel and may head to retest established highs. Failure to continue making newer highs timeframe lows is also another crucial aspect in which the metal may find it's a halt at 4.20911 and 4.3000
Dow Jones, found support on a key level which was a previous all-time zone, and is headed towards making a new all-time high. The bearish pullback failed to continue, as the price formed a high low bouncing from the 42800 zone. As long as the price is above 42800 and 43k, the indice, will keep moving up until possible reversals.
Nas100 will keep growing after bouncing off a key resistance which has turned into support. Established highs upon breaking will be the target for the bullish pressure.
The SMI is headed towards the upside after breaking a bearish and correction phase. Currently, the index is en route to form a new lower high on the higher timeframes, situated between the orange barriers.
The pair has been in an uptrend for some time now and seems to be headed for support to regain the bullish momentum. The 0.87300 and 0.87100 are bearish pressure targets, simultaneously essential barriers where a potential upside pullback.
Dollar Rand is in a corrective phase which may likely lead to an impulse downward due to the current bullish phase failing to sustain its upward pressure and stability and 18.2000. Alternatively, if price actions fail to fall, followed by stability above 18.2000, the pair may continue rising retesting the 18.3000 barrier.
Pound Cad may head up after selling off for sometime now. Rejection and stability under 1.76700 may continue the downward momentum 1.75500 and 1.74900 regions. Stability above may likely lead an upside movement towards 1.78000 or further 1.79000
The nas100 will likely continue downwards and find support on the 20000 barrier. A further decline from the 20k mark may find support in the 19900 or 19700 zones, as potential bullish regions.
The crypto has been gradually ascending towards an all-time high, but this rise may lead to a big drop due to a failure to continue up or stabilising above the high. As price action develops, stability above the all-time high will lead to a bullish continuation, failure to stabilise above the all-time high may lead to a drop.
The pair is currently bullish but may face a downward move if bullish momentums fail to continue up. A break of 200.000 and stability above the mark, may likely see continuation up. Remaining below this barrier, price action may develop selling movements towards support structure.
The pair was in a consolidation phase and seems to have broken through to the downside. Price action may find support on the immediate barrier. Breaking through 175.094 and continuing might see selling pressure subsiding in the next barrier.
S and P 500 looks oversold having been dropping for a few days. The previous established highs will be the target, simultaneously becoming potential selling regions if the bullish pressures cools down.
Nas100 might find selling pressure on the above resistance barriers due to finding bullish momentum and failing to decline from last week's selling pressure. However, if the the upward movement fails to reach 21k mark, the indice may resume its donward trajectory!
The index appears to be failing to sustain its bullish momentum from last week as price is declining from the established highs. If price actions remains below the 44.000, bearish moves will be favouble targeting the below support barriers.
Pound Cad appears to have found support on a significantly higher timeframe low, yielding a potential pullback to the upside. However, stability under 1.77000 may continue downward pressure. Also, as long as price is above the mark, the pair may find bullish pressure.
Past week or two saw the crypto in a bullish move which now seems to be on a halt. This halt is being caused by a potential developing of a right shoulder of the head and shoulder pattern, signalling a move downwards. If price stabilises below 91500 Bitcoin can find support on these low barriers to kickstart the upward momentum again. Alternatively, stability...
The Dax rose and stabilised under the 19400, as it is a key resistance from the higher timeframes. The index may find bearish momentum after not stablising above this mark, targeting potential support barriers below. Alternatively, massive bearish volume may increase if price action further stabilises under 19k.