Bitcoin Cash price analysis shows that the BCH/USD pair will stage a major bearish if price moves under the $205.00 level. A recovery back towards the $245.00 may confirm that a meaningful bottom is in place.
USD/CAD technical analysis indicates that the next bullish rally will take place above the 1.3715 level. Buyers may test back towards a key former breakout area from May 2020.
Zoom technical analysis highlights that bearish MACD price divergence is present until the $200.00 level. A bearish correction in the stock may begin if the $248.00 support level is broken.
Nasdaq 100 technical analysis shows that a bearish reversal pattern has recently formed. A major bullish breakout remains in play while price trades above the 9,770 level.
Ethereum price analysis highlights that sellers are now in control over the short-term. Bulls quickly need to recover price back above the $240.00 level to encourage technical buying.
NZD/USD technical analysis shows that the pair is likely to remain under pressure while trading below the 0.6500 level. A bearish head and shoulders pattern has formed on the lower time frames.
Gold price technical analysis highlights that bulls could finally start to attack the $1,800 level. The $1,855 level is seen as strong medium-term resistance.
USD/JPY technical analysis shows that traders are likely to buy dips in the pair while price trades above the 106.20 level. The 109.00 level remains the medium-term bullish target.
Bitcoin price chart analysis shows that a major directional breakout may finally be about to take place. A breakout under the $8,700 level should be considered extremely bearish.
GBP/USD technical analysis shows that traders are likely to sell any rallies towards the 1.2455 area. A bearish pattern is pointing to a slump towards the 1.2200 level over the short-term.
EUR/USD analysis indicates that sellers remain in control while price trades under the 1.1250 level. A break under key trendline support could see the EUR/USD pair tumbling lower.
ETH/BTC technical analysis shows that price is approaching the top of a symmetrical triangle pattern. Bulls could start to rally the pair towards the $0.0320 level.
Amazon stock analysis points to further losses towards the $2,600 level over the short-term. A correction back towards the $2,200 level also remains possible.
GBP/JPY technical analysis highlights that medium-term sellers are gaining control below the pair’s 50-day moving average. A test of the 130.00 level seems increasingly likely.
USD/CHF technical analysis highlights that a recovery towards the 0.9700 to 0.9800 area may be about to occur. A bullish reversal pattern may be forming on the lower time frames.