Analysis & Forecast
Market PictureThe cryptocurrency market is up 0.1% over the past 24 hours, but a closer look reveals that the market has hit resistance at $3.50 trillion twice since the beginning of the week, pulling back to the current $3.46 trillion.While Bitcoin ...
– EURGBP reversed from support zone– Likely to rise to resistance level 0.8325EURGBP currency pair today reversed up from the support zone located between the strong support level 0.8265 (which has been revering the pair from the start of...
– NZDJPY broke support zone– Likely to fall to support level 86.75NZDJPY currency pair recently broke the support zone located between the support level 89.00 and the 38.2% Fibonacci correction of the upward price move from the start of A...
– Natural gas reversed from support zone– Likely to rise to resistance level 3.550Natural gas recently reversed up from the support zone located between the support level 3.150 (former multi-month high from May, June and October), 20-day ...
– EURJPY broke support zone– Likely to fall to support level 156.00EURJPY currency pair recently broke the support zone located between the support level 160.00 and the 61.8% Fibonacci correction of the upward impulse from September.The b...
– GBPUSD reversed from support level 1.2500– Likely to rise to resistance level 1.2720GBPUSD currency pair continues to rise after the earlier upward reversal from the support level 1.2500 (which also reversed the pair in May) coinciding ...
– AUDUSD reversed from pivotal support level 0.6450– Likely to rise to resistance level 0.6550AUDUSD currency pair recently reversed up from the pivotal support level 0.6450 (which has been reversing the price from April) standing near th...
– GBPAUD broke daily down channel– Likely to rise to resistance level 1.9600GBPAUD currency pair today broke the resistance trendline of the daily down channel from the end of October (which encloses the earlier downward ABC correction (2...
– EURUSD reversed from support area– Likely to rise to resistance level 1.0620EURUSD currency pair recently reversed up from support area located at the intersection of the long-term support level 1.0455 (previous yearly low from 2023) an...
– AUDNZD reversed from resistance zone– Likely to fall to support level 1.1000AUDNZD currency pair recently reversed down from resistance area located at the intersection of the resistance level 1.1145 (former top of the weekly impulse wa...
