Market Analysis

Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams

Disclaimer: Market Analysis is published for informational purposes only and should not be considered as investment advice, recommendations, or suggestions for performing any action with financial instruments. The analysis belongs to their respective authors and “Brokers Watch” is not responsible for their content.

May 09
USDCAD Wave Analysis – 9 May 2025

USDCAD: ⬆️ Buy – USDCAD reversed from support area – Likely to rise to resistance level 1.3980 USDCAD currency pair recently reversed up from the support area between the support level 1.3800 (which has been reversing the price from April), lower daily Bollinger Band and the support trendline of the daily down channel from March. […]

May 09
WTI Wave Analysis – 9 May 2025

WTI: ⬆️ Buy – WTI reversed from support area – Likely to rise to resistance level 62.00 WTI crude oil recently reversed up from the strong support area between the support level 54.90 (which stopped wave 3 at the start of April) and the lower daily Bollinger Band. The upward reversal from this support area […]

May 09
Solana Wave Analysis – 9 May 2025

Solana: ⬆️ Buy – Solana is approaching the resistance level 177.50 – Likely to rise to resistance level 200.00 Solana cryptocurrency recently broke the resistance area between the resistance level 150.00 (which has been reversing the price from March) and the 61.8% Fibonacci correction of the downward impulse from the start of March. The breakout […]

May 09
Bank of America Wave Analysis – 8 May 2025

Bank of America: ⬆️ Buy – Bank of America broke the resistance zone – Likely to rise to resistance level 44,00 Bank of America recently broke the resistance area between the resistance level 41.35 and the 61,8% Fibonacci correction of the downward impulse from February. The breakout of this resistance zone accelerated the active impulse […]

May 09
Ethereum Wave Analysis – 8 May 2025

Ethereum: ⬆️ Buy – Ethereum broke the resistance zone – Likely to rise to resistance level 2100,00 Ethereum cryptocurrency recently broke the resistance area between the major resistance level 1935,00 (former monthly top from April) and the 50% Fibonacci correction of the downward impulse from March. The breakout of this resistance zone accelerated the active […]

May 08
EURUSD Wave Analysis – 8 May 2025

EURUSD: ⬇️ Sell – EURUSD broke support zone – Likely to fall to support level 1.1130 EURUSD currency pair recently broke the support area between the support level 1.1300 (which has been reversing the pair from the start of April), support trendline of the daily up channel from March and the 38.2% Fibonacci correction of […]

May 08
Nikkei 225 index Wave Analysis – 8 May 2025

Nikkei 225 index: ⬆️ Buy – Nikkei 225 index broke the resistance zone – Likely to rise to resistance level 38275,00 Nikkei 225 index recently broke the resistance area between the resistance level 37255.00, resistance  trendline from January and the 61,8% Fibonacci correction of the downward impulse from January. The breakout of this resistance zone […]

May 08
EURNZD Wave Analysis – 7 May 2025

EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.8845 – Likely to rise to resistance level 1.9200 EURNZD currency pair recently reversed from the support level 1.8845 intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the support level 1.8845 stopped […]

May 08
AUDCHF Wave Analysis – 7 May 2025

AUDCHF: ⬇️ Sell – AUDCHF reversed from resistance zone – Likely to fall to support level 0.5235 AUDCHF currency pair recently reversed down from the resistance area between the major resistance level 0.5375 (former multi-month low from last August), the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from February. […]

May 07
Gold (XAUUSD) attempts to rise again: risks exist but remain limited

Gold (XAUUSD) prices are hovering around 3,380 USD on Wednesday. Demand for safe-haven assets may weaken if tariff negotiations go well. Discover more in our analysis for 7 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) halted its advance as markets await US-China trade talks The outcome of today’s Federal Reserve meeting may influence […]

May 07
EURUSD lacks direction: all eyes on diplomats and the Fed

The EURUSD pair is attempting to extend gains near 1.1350. The US dollar may strengthen due to geopolitical factors. Find out more in our analysis for 7 May 2025. EURUSD forecast: key trading points The EURUSD pair halted its upward move and is searching for direction ahead of the Fed rate meeting Market focus is […]

May 07
NZDUSD Wave Analysis – 7 May 2025

NZDUSD: ⬇️ Sell – NZDUSD reversed from the resistance zone – Likely to fall to support level 0.5900 NZDUSD currency pair recently reversed down from the resistance zone between the key resistance level 0.6020 (which has been reversing the price from November), the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward […]