Category: Technial Analysis
Amazon: ⬇️ Sell – Amazon reversed from resistance zone – Likely to fall to support level 202.65 Amazon recently reversed from the resistance zone between the key resistance level 216.90 (former strong support from November) and the 38.2% Fibonacci correction of the downward impulse from January. The downward reversal from this resistance zone started the […]
CHFJPY: ⬇️ Sell – CHFJPY reversed from resistance zone – Likely to fall to support level 200.40 CHFJPY currency pair recently reversed from the resistance zone between the key resistance level 203.60 (top of wave 1 from February) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese […]
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 (9–13 March 2026). Major technical levels to watch this week EURUSD: Support: 1.1530, 1.1345. Resistance: 1.1655, 1.1755 USDJPY: Support: 157.15, 156.45. Resistance: 159.45, 161.565 […]
Gold (XAUUSD) enters the week of 9–13 March around 5,170 USD per ounce after rising amid increased geopolitical tensions in the Middle East. Demand for safe-haven assets supports prices. Against this backdrop, the market expects the Federal Reserve’s first rate cut no earlier than September. The upward structure remains intact on the daily chart. After […]
Ethereum: ⬇️ Sell – Ethereum reversed from resistance level 2120,00 – Likely to fall to support level 1855.00 Ethereum cryptocurrency recently reversed down from the resistance zone between the resistance level 2120,00 (former strong support from June) and the upper daily Bollinger Band. The resistance level 2120,00 is also the upper border of the sideways […]
USDCAD: ⬇️ Sell – USDCAD reversed from resistance zone – Likely to fall to support level 1.3500 USDCAD currency pair recently reversed down from the resistance zone between the resistance level 1.3725 (top of the previous impulse wave (1)), resistance trendline of the daily down channel from November and the 50% Fibonacci correction of the […]
The US Tech index tested the support level but failed to extend its decline. The US Tech forecast for next week is negative. US Tech forecast: key takeaways Recent data: preliminary US services PMI came in at 51.7 in February Market impact: the data has a mixed impact on the technology sector US Tech fundamental […]
Trade ideas for USDCHF, EURUSD, and XAUUSD are available today. The ideas expire on 7 March 2026 at midnight (GMT +3). USDCHF trade idea The medium-term trend for the USDCHF pair remains bullish. The recent decline on the intraday chart shows signs of exhaustion, so buying at current levels is risky due to an unfavourable […]
Sony: ⬆️ Buy – Sony reversed from support zone – Likely to rise to resistance level 23.00 Sony recently reversed from the support zone between the pivotal support level 20.40 (which has been reversing the price from the end of 2024) and the support level 21.25 (low of the previous wave A). The upward reversal […]
Gold: ⬆️ Buy – Gold reversed from pivotal support level 5100,00 – Gold to rise to resistance level 5425.00 Gold recently reversed from the support zone between the pivotal support level 5100,00 (former top of wave A from February) and the 38.2% Fibonacci correction of the upward wave (B) from the start of February. The […]