NZD/USD technical analysis indicates that the prevailing bearish trend in the pair is accelerating. The 0.6200 and 0.5700 levels are seen as possible downside targets.
S&P 500 technical analysis points to more medium-term gains towards the 3,700 level. Bearish RSI and MACD divergence is warning of a strong near-term downside correction.
GBP/JPY technical analysis indicates that bulls may soon test towards the 146.50 level. Traders should note that a large bearish pattern is still taking shape across the lower and higher time frames.
CAC 40 analysis shows that the index is now at a critical juncture. A move above the 6,109 level could see bulls rallying price through to major trendline resistance, around the 6,200 level.
USD/CAD technical analysis highlights that the pair recently failed to move back inside a large rising channel on the daily time frame. Buyers need to defend the 1.3220 level to avoid a deeper pullback towards the 1.3140 level.
Apple stock technical analysis indicates that further gains towards the $350.00 level remain possible. Despite the recent pullback, the stock still remains very bullish over both the short and medium-term term.
Silver technical analysis shows that the metal has a strong bullish bias while trading above the $17.70 technical area. A large reversal pattern will form if price reaches the current yearly trading high.
TRON price analysis indicates that a strong downside correction has started. Bulls need to defend the $0.018 to $0.017 support area to avoid a possible decline towards the $0.014 level.
GBP/USD technical analysis indicates that more gains are likely this week if the 1.3065 level is overcome. The 1.2960 level currently offers critical technical support.
Gold price technical analysis shows that bulls need to clear the $1,610 level to secure further medium-term gains. The $1,564 level currently offers critical short-term support.
Bitcoin Cash price analysis shows that a strong technical pullback has taken place after the cryptocurrency found solid resistance from just under the $500.00 level. Watch out for more losses towards the $250.00 area.
Platinum price analysis shows that the metal could continue its recent slump due to increasingly bearish fundamental and technical factors currently at work.
Boeing stock price analysis points to more short-term gains ahead. Sellers need to move price under the $310.00 level to trigger a bearish reversal pattern into action.
Litecoin price analysis indicates that LTC/USD bears will need to wait for sustained weakness below the $77.50 level before they expected pullback towards the $60.00 level takes place.
Germany 30 technical analysis points to more short and medium-term upside for the index while price trades above the 13,600 level. Any dips towards the 13,640 level are likely to be seen as a major buying opportunity.