In today’s Technical Update:
• Meta uptrend intact likely new highs
• S&P 500. Top and reversal pattern.
• Nasdaq Top and reversal pattern but bullish sentiment is strong
• EuroStoxx50 breaking resistance at 4,949
• DAX. Support at 18,191
• AEX25 uptrend potential to 940-950
• CAC40 rebounded from 7,464 strong support, resist at 7,691
• SMI20 Top and reversal pattern. Resist at 12,182
• Time 4.45
• EURUSD key support at 1.0665
• EURGBP resuming downtrend likely to test 0.84
• GBPUSD reversal pattern but cannot gain momentum
• USDJPY upside potential to 160.32 April 1992 peak
• EURJPY upside potential to 173
• AUDJPY likely to test 107.88 - October 2007 peak
• GBPJPY potential to 203, maybe even 214 - October 2007 peak
• AUDUSD bouncing from support at 0.6580. Resist at 0.6715
• USDCAD bullish, resist at 1.3785, upside potential to 1.3850
• EURCHF broken support at 0.96
• USDCHF range bound 0.8880-0.8890
• Dollar Index breaking resistance at 105.38 but struggling for momentum
• Time 10.43
• Gold support 2,285, strong resist at 2,388
• Silver resumed downtrend. Support at 28.50 and 27.75-27.40
• Platinum rebounded to 1,000, 1,015 is key resist
• Palladium in falling channel
• Copper below key support at 443, could drop to 424-416
• WTI above resist at 80.60 bullish trend, resist at 83.83
• Brent Crude uptrend, resist at 83
• US 10-year T-yields key support at 4.17
25 июн 2024
