The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at:
3387 – initial...
The EURGBP remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 0.8677 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8677 would confirm ongoing upside momentum, with potential targets at:
0.8775 – initial...
The GBPAUD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0600, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish...
The GBPUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.3370 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3370 would confirm ongoing upside momentum, with potential targets at:
1.3480 – initial...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 9092 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9092 would confirm ongoing upside momentum, with potential targets at:
9210 – initial...
Market Summary – Monday, July 28:
Data: The Dallas Fed manufacturing index is expected to stay weak, highlighting ongoing softness in US regional manufacturing.
Earnings:
EssilorLuxottica – Consumer strength and China demand in focus.
Cadence Design Systems – Insight into AI and semiconductor R&D spending.
Heineken – Signals on global consumer demand and...
The ETHUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 3500 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3500 would confirm ongoing upside momentum, with potential targets at:
3842 – initial...
The BTCUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 114,850 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 114,850 would confirm ongoing upside momentum, with potential targets at:
122,900 –...
Key Support and Resistance Levels
Resistance Level 1: 2278.80
Resistance Level 2: 2299.70
Resistance Level 3: 2318.30
Support Level 1: 2232.60
Support Level 2: 2213.00
Support Level 3: 2193.00
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...
Key Support and Resistance Levels
Resistance Level 1: 45135
Resistance Level 2: 45630
Resistance Level 3: 46000
Support Level 1: 44240
Support Level 2: 43830
Support Level 3: 43340
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...
Thursday was a slightly positive session for equities, with the NASDAQ 100 rising +0.18% to close at a fresh record high, driven by strong economic data. However, overall market action was subdued, with the S&P 500’s trading range the narrowest since February (0.35%).
Notably, the equal-weighted S&P 500 fell -0.33%, highlighting underlying weakness outside...
The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at:
3814 – initial...
The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at:
3387 – initial...
The CAC 40 index continues to display a bullish bias, underpinned by a well-established rising trend. Recent intraday price action indicates a breakout from consolidation, suggesting renewed upward momentum.
Key Technical Levels:
Support:
7770 – This level marks the prior consolidation zone and now serves as critical support.
7740 – Secondary support, guarding...
The FTSE remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 9045 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9045 would confirm ongoing upside momentum, with potential targets at:
9150 – initial...
Friday, July 25 – Financial Market Summary (Trading Focus)
Key Data Releases:
US
June Durable Goods Orders: A leading indicator of manufacturing activity. Strong growth may boost USD and treasury yields; weak numbers could fuel rate-cut bets.
July Kansas City Fed Services Activity: Gauges regional service sector performance, often a directional cue for...
Key Support and Resistance Levels
Resistance Level 1: 45000
Resistance Level 2: 45444
Resistance Level 3: 46000
Support Level 1: 43990
Support Level 2: 43700
Support Level 3: 43426
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...
Key Developments:
AI Drives Earnings Momentum
Alphabet reported strong results, but flagged surging AI infrastructure costs, signaling increased capex ahead.
SK Hynix posted record earnings and committed to expanding AI-related investments, reinforcing the sector’s critical growth role.
Investor sentiment remains AI-positive, with capital rotation favoring tech...
