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Silver: ⬆️ Buy – Silver reversed from the support zone – Likely to rise to the resistance level 39.45 Silver recently reversed from the support zone between the support level 36.20 (which also stopped wave ii at the start of July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from […]
This weekly technical analysis highlights the key chart patterns and levels for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, gold (XAUUSD), and Brent crude oil to forecast market moves for the upcoming week (4-8 August 2025). Major technical levels to watch this week EURUSD: Support: 1.1390, 1.1355. Resistance: 1.1580, 1.1620 USDJPY: Support: 146.50, 144.40. Resistance: 149.80, 151.00 […]
Tesla is entering a challenging phase, and once again, Elon Musk faces the task of proving his managerial capabilities, steering the company through a looming crisis, and advancing it to the next stage of technological evolution. Tesla, Inc. (NASDAQ: TSLA) reported revenue of 22.5 billion USD for Q2 of fiscal year 2025 – a 12% year-on-year […]
The USDCAD rate reversed downwards and consolidated below 1.3800 following the release of weak US Nonfarm Payrolls data on Friday. Discover more in our analysis for 4 August 2025. USDCAD forecast: key trading points Market focus: Nonfarm Payrolls rose by only 73 thousand in July, significantly below expectations Current trend: moving downwards USDCAD forecast for […]
The USDJPY outlook is at a tipping point. With US economic indicators pressuring the dollar, a rally towards 149.00 is possible. Find out more in our analysis for 4 August 2025. USDJPY forecast: key trading points US factory orders: previously at 8.2%, projected at -4.9% Current trend: upward impulse remains possible USDJPY forecast for 4 […]
Bitcoin: ⬇️ Sell – Bitcoin broke the pivotal support level 115000.00 – Likely to fall to support level 110000.00 Bitcoin cryptocurrency recently broke below the pivotal support level 115000.00, coinciding with the 50% Fibonacci correction of the sharp upward impulse from the start of July. The breakout of the support level 115000.00 strengthened the bearish […]