EOS price analysis indicates that selling pressure is starting to weaken. A counter rally towards the $3.20 to $3.50 area is starting to appear increasingly possible.
Litecoin price analysis indicates that the recent downside momentum is fading. Watch out for a strong counter-rally towards the $60.00 level if the $44.00 level is breached.
AUD/USD technical analysis shows that strong dip-buying demand remains in place, and bulls could be preparing to rally the pair towards the 0.7130 resistance area.
Ripple analysis shows that downside pressure is growing towards the XRP/USD pair. According to the ADX indicator, bearish pressure is increasing over the medium-term.
Bitcoin price chart analysis shows that a strong directional move in the number one cryptocurrency is likely to take place once the $8,800 to $9,300 price range is broken.
USD/JPY technical analysis shows that the pair is only vulnerable to more downside while price trades under the 107.58 level. Weakness in the US dollar index is also starting to weigh on the pair.
GBP/USD technical analysis over the medium-term points to more gains towards the 1.2600 to 1.2700 technical area. A bullish reversal pattern will be activated if price moves above the 1.2540 level.
EUR/USD analysis shows that the pair is trapped inside a bullish flag pattern. Sustained gains above the 1.1300 resistance level should prompt the next major rally in the pair.
Apple stock technical analysis indicates that bulls remain in control while price trades above the $330.00 level. The $430.00 level is seen as the wider bullish target.
Copper technical analysis indicates that bulls are preparing to test towards the $2.88 level. Bullish reversal patterns are currently in play across the higher time frames.
Germany 30 technical analysis indicates that the index may rally towards the current 2020 high. Price is currently trapped within a symmetrical triangle pattern.
AUD/USD technical analysis shows that the pair is trapped within a wedge pattern on the daily time frame. Short-term bears will gain back control if price moves under the 0.6790 level.
US Dollar Index technical analysis highlights that a major technical breakout is in place while price trades above the 97.70 level. Watch out for a powerful upside rally in the greenback over the coming weeks.
CAC 40 analysis indicates that the next 500 point directional move in the index may take place once price breaks from a symmetrical triangle on the lower time frames.
EUR/GBP technical analysis indicates that the pair may have peaked, around the 0.9175 level. Watch out for a sustained decline back under the 0.9080 level.