Today's focus: Gold
Pattern – Price range
Support – 2154
Resistance – 2187
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily.
What are we discussing and asking today after looking at Gold?
Could a close above resistance be the move that starts a new continuation higher?
If we see a break below support, this could be...
Today's focus: BTCUSD
Pattern – failed high?
Support – 63,140
Resistance – 68,290
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily.
After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers...
Today's focus: GBPJPY
Pattern – Continuation/resistance test?
Support – 188.20
Resistance – 191.15
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the GBPJPY daily.
The BOJ lifted rates today to 0.10%, breaking the run of negative rates and showing a change in direction not seen since 2007. The BOJ also advised an end to yield...
Today's focus: US30
Pattern – Consolidation range
Support – 38,550
Resistance – 39,165
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 daily.
Yesterday's CPI didn't cause any serious moves but did show that inflation remains stubborn. Today, we have run over what we are watching on the US30 and the current main levels...
Today's focus: XRP
Pattern – Resistance Test
Support – .5778
Resistance – .7265, .8200
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily.
So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will...
Today's focus: USDJPY
Pattern – Consolidation (Bullish?)
Support – 149.84
Resistance – 150.81, 151.745
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY on the daily chart.
Simple story today: will the current price consolidation break higher (with trend) or break lower, setting off distribution? We find it's important...
Today's focus: EURUSD
Pattern – Continuation (Bullish)
Support – 1.0794
Resistance – 1.0855, 1.0896
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the EURUSD on the daily chart.
Will we see the EURUSD set off on a new continuation higher? Bulls have broken the downtrend and formed a higher low. We have a trigger bar, but we...
Today's focus: NDQ100 (Nasdaq)
Pattern – Continuation (Bullish)
Support – 17,804
Resistance – 18,047
Hi, traders; thanks for tuning in for today's update. Today, we are looking at NDX100 on the daily chart.
Today, we are asking if the NDX100 index will contnue to move higher after putting up several key price action points. Have buyers set the tone for a new...
Today's focus: USDX
Pattern – Continuation (Bullish)
Support – 103.65
Resistance – 103.96
Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart.
Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above...
Today's focus: GOLD
Pattern – Channel Test
Support – 2023 - 2020
Resistance – 2035.80 - 2055.60
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart.
Gold saw a solid session to end last week but failed to break its price channel. Will we see the channel hold price and possibly send it back to the bottom on...
Today's focus: CADCHF
Pattern – Continuation
Support – .6502
Resistance – .6540 - .6549
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart.
Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up...
Today's focus: Silver
Pattern – Breakout test.
Support – 21.90, 22.84
Resistance – 23,45 23.19
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart.
Looking at Silver, we see that price continues to pull back after breaking out of a triangle-based squeeze pattern. This is fine after a breakout but we want to...
Today's focus: Oil
Pattern – Resistance re-hold
Support – $77.21, $76.30
Resistance – $78.85
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil on the daily chart.
Today, we have broken down how we see price and key levels. Once again, we have seen resistance re-hold and a new move lower after tests failed. Will we see a new...
Today's focus: Nickel (XNIUSD)
Pattern – Diagonal Pattern
Support – 15,840
Resistance – 17,198, 18,500
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart.
We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is...
Today's focus: GBPJPY
Pattern – Breakout
Support – 188.25? 186.14
Resistance – 189.88
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the GBPJPY on the daily chart.
After what looked like a new breakout, sellers have started to test buyer confidence after news hit JPY traders yesterday. The question remains: will we see buyers...
Watch Giancarlo Prisco continue to offer his expertise in equity indices insight. Set aside 15 minutes to widen your perspective as our host analyses the momentum shifts and feasible breakouts based on the past week's performance.
Today's focus: US30
Pattern – Diagonal
Support – 38,135, 37,135
Resistance – 38,810
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 on the daily chart.
What a solid run we have seen till yesterday's CPI data. After US CPI came in hotter than expected, this shocked the market and led to heavy selling on stock indexes and...
Today's focus: XRPUSD
Pattern – Descending
Support – .4960
Resistance – .5337
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRPUSD on the daily chart.
We have reviewed levels and possible price patterns, focusing on current support and resistance levels. Will we see buyers push forward from the current mini breakout, or is...
