Stellar Lumen price analysis shows that the cryptocurrency is forming a huge bullish pattern on the daily time frame. A strong technical correction may create a tremendous dip-buying opportunity.
Apple stock technical analysis indicates that the next bearish target is likely to be the $270.00 level. Bearish MACD divergence on the daily time frame is likely to be reversed.
GBP/USD technical analysis indicates that the pair could soon test key trendline support on the daily time frame. The 50 percent Fibonacci retracement of the 2019 low to the 2019 high is located close to the trendline.
Ethereum price analysis highlights that a breakout from a triangle pattern on the daily time frame is about to take place. The $255.00 level is likely to be a pivotal level this week.
NEO price analysis shows that a bearish head and shoulders pattern across the lower time frames is signalling more short-term losses. NEO/USD may need to stage a healthy correction before the uptrend resumes.
Bitcoin Cash price analysis shows that a loss of the $350.00 level would be bearish for the cryptocurrency in the short-term. Losses below the $290.00 level could see a large over extension to the downside.
Tesla stock technical analysis currently shows that a bearish double-top pattern may have formed last week. Bearish MACD price divergence is also warning of a possible decline towards the $400.00 level.
Litecoin price analysis points to a possible correction back towards the $60.00 level before the next major up move starts. The LTC/USD pair could test as high as $120.00 level over the medium-term.
EUR/USD analysis suggests further weakness ahead for the pair while price trades below the 1.0840 level. The weekly time frame highlights the 1.0720 level as an area of extreme technical importance.
US Dollar technical analysis shows that a major technical breakout happened last week above the 99.66 level. The upside in the index could extend to a further 200 points while price trades above the 2019 yearly high.
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.