In this weekly technical analysis, we review key chart patterns and levels for EUSUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, gold (XAUUSD), and Brent oil to forecast developments for the upcoming week (11–15 May 2026) Major technical levels to watch this week EURUSD: Support: 1.1700, 1.1620. Resistance: 1.1850, 1.1880 USDJPY: Support: 154.40, 152.20. Resistance: 157.70, 161.40 GBPUSD: […]
The EURUSD pair begins the week of 11–15 May near 1.1735 and appears subdued after a corrective rebound. Demand for safe-haven assets is supported by geopolitical factors, but without a pronounced imbalance. The Middle East situation remains key, with clashes in the Strait of Hormuz and the anticipation of Iran’s response to the US proposal […]
Trip: ⬇️ Sell – Trip falling inside active impulse wave v – Likely to fall to support level 9.00 Trip recently reversed down from the key resistance level 11.55 intersecting with the 50% Fibonacci correction of the downward impulse from January. The downward reversal from the resistance level 11.55 started the active impulse wave v […]
Nvidia: ⬆️ Buy – Nvidia broke pivotal resistance level 212.0 – Likely to rise to resistance level 225.0 Nvidia recently broke through the pivotal resistance level 212.0, former multi-month high from October, which also reversed the price in April. The breakout of the resistance level 212.0 accelerated the active minor impulse iii – that belongs […]