Bitcoin price chart analysis highlights that the cryptocurrency is trapped in a narrow price range. An explosive directional move may be on the horizon.
NZD/USD technical analysis highlights that an interim price top may be in place, just below the 0.6600 level. Price is currently trapped within a symmetrical triangle pattern on the one-hour time frame.
Gold price technical analysis points to a strong upside move in gold if the $1,765 level is breached. Key support is seen around the $1,719 level this week.
FTSE 100 technical analysis indicates that dip-buyers remain in control while price trades above the 5,900 level. Bulls could test towards the index’s 200-day moving average.
NEO price analysis indicates that a major breakout will take place from a large falling wedge pattern if the $13.00 resistance level is broken.
GBP/CAD technical analysis indicates that selling pressure is likely to remain in place over the short to medium-term. The pair remains bearish while price trades under the 1.7150 area.
USD/CAD technical analysis indicates that the pair has the potential to recover back towards the 1.3800 level. A sustained breakout above the 1.3600 resistance level could trigger strong short-term gains.
Copper technical analysis shows that a large bullish reversal pattern has recently formed. The $3.00 level is seen as a possible upside target if the $2.65 level is overcome.
Stellar Lumen price analysis indicates that medium-term bulls remain in control while price trades above the $0.065 level. A bullish reversal pattern has formed across the lower time frames.
Bitcoin Cash price analysis highlights that the $320.00 to $340.00 area is seen as a medium-term upside target if a recovery from the $220.00 level takes place.
Germany 30 technical analysis highlights that the index is working within a rising price channel. Bulls could launch another technical test towards the top of the rising price channel.
EUR/GBP technical analysis indicates that range bound conditions may persist while price trades within the 0.8890 to 0.9050 price range. The 0.8750 level is seen as a likely downside target if a bearish range break occurs.
Ethereum has been in recovery mode over recent days, after the second-largest cryptocurrency found strong support from the $220.00 level.
Silver technical analysis highlights that bulls need to defend the $16.90 to $17.20 technical area to avoid a protracted decline. The $18.35 level is seen as a key resistance area that silver bulls need to break.
S&P 500 technical analysis shows that bearish MACD price divergence is warning of a correction back towards the 2,700 support area.