technical analysis

AUD/NZD Technical Outlook: Bullish Momentum Supported by Diverging Labour Markets

• RBA steady, RBNZ dovish tilt: Australia’s central bank is expected to hold rates at 3.6%, while New Zealand’s weak labour market raises the odds of a more dovish RBNZ stance.
• Widening yield spreads: The 2-year and 10-year AU/NZ sovereign bond yield spreads are likely to widen further, favouring AUD strength over NZD.
• AUD/NZD strength: The cross pair has gained 5.8% since July 2025, hitting a three-year high of 1.1390, supported by relative macro and yield dynamics.

Dow and Nasdaq Test Key Technical Levels Amid Fed Focus

After three sessions of correction in US equities, the Dow Jones is attempting a comeback.

The move comes in the shadow of what had been a heavily risk-on pre-FOMC environment, where expectations for rate cuts kept fueling a wave of optimism across markets.

SNB Holds Rates at Zero as Strong US GDP Data Drives USD/CHF Higher

The Swiss franc is sharply lower on Thursday. In the North American session, USD/CHF is trading at 0.8013, up 0.78% on the day.

SNB holds rates, warns about US tariffs

US Equities Extend Losing Streak as Strong GDP Clouds Fed Rate Cut Outlook

Despite the best efforts of today’s US GDP report, which upgraded Q2 growth estimates by some margin, US equities trade lower in today’s session and look to set to continue a three-day losing streak.

RBA Bullock Flags Inflation and Trade Risks, AUD/USD Eyes Key Support Levels

The Australian dollar is coming off its best week since July, with gains of close to 1%. In Monday's European session, AUD/USD is trading at 0.6589, down 0.07% on the day.

Bullock says inflation in good place but China a concern

Crypto Market Update: BNB Breaks $1,000, Ethereum Consolidates, Bitcoin Tests Support

The week starts on a grim note for cryptocurrencies when looking at the daily performance of most major altcoins.

GBPJPY Technical Outlook: Bulls Struggle Below 200 as BoJ Hawkish Tone Emerges

GBPJPY is one of the most volatile FX pair available to trade including only major currencies – Yet, it's been stuck in a huge range since August 2024.

As explained in our previous article on this currency pair, a continuous uptrend from 2020 lows (127.30!) to July 2024 highs (208.12) has been met with a sharp correction as carry trades saw a consequent slowdown amid a sudden market-breakdown which suddenly saw yen rebuying speed up.

Nikkei 225 Technical Update: Bullish Momentum Holds Despite BoJ ETF Unwind Plans

This is a follow-up analysis and timely update of our prior report, “Nikkei 225 Technical: Bullish trend remains intact despite Japan’s PM resignation”, published on 8 September 2025.

US Indices at Record Levels Amid Mixed Technical Signals; Markets Eye Powell Tone and Fed Uncertainty

Friday's ecstatic trading brought all risk-assets including Equity indices, cryptocurrencies and FX currencies higher.

NZD Steadies After Powell’s Dovish Signal and Strong Retail Sales

The New Zealand dollar has steadied on Monday. In the European session, NZD/USD is trading at 0.562, down 0.07% on the day. On Friday, the New Zealand dollar shot up 0.82%, its best one-day performance since June.

Forex Markets Surge as Powell’s Dovish Tone Sparks USD Selloff Across Majors

Forex Markets are going bonkers since Powell's dovish speech at the Jackson Hole conference.

The US Dollar is getting sold off aggressively as the Market interpreted dovish signs for a cut in the September, even in a relatively nuanced speech – Markets didn't need much!

Bitcoin Faces Key Support at $110K–$112K After Hitting New All-Time Highs

This week has been rough for risk assets, particularly tech. The Nasdaq has entered a correction phase, and the one for Cryptocurrencies is even steeper.

Markets have been awaiting further news from Jerome Powell concerning any type of rate cuts, as seen in the signs of hesitancy in Equities and Crypto. He is about to speak in a few minutes at the Jackson Hole Symposium.

RBNZ Dovish Outlook Weighs on Kiwi, NZD/JPY Risks Further Downside

New Zealand’s central bank (RBNZ) cut its Official Cash Rate (OCR) as expected by 25 basis points (bps) to a three-year low of 3% today.

The major surprise was the RBNZ’s monetary policy guidance that skewed towards a more dovish stance than expected. Its latest forward guidance shows that the average OCR is projected to fall to 2.71% by the end of 2025, lower than the earlier projection of 2.92% made in May.

Dow Jones Outperforms Peers as Technical Signals Support Medium-Term Bullish Bias

This is a follow-up analysis and update of our prior report, “Dow Jones Technical: Minor pull-back found support with bullish elements sighted in Caterpillar”, published on 4 August 2025.

The US Wall Street 30 CFD Index (a proxy for Dow Jones Industrial Average futures) has kicked off the anticipated bullish impulsive upswing from the 1 August 2025 minor swing low of 43,335.

Gold Holds Steady as Russia-Ukraine Peace Talks and Fed Outlook Drive Market Focus

Gold prices have rallied from an overnight low around the $3323/oz handle to a high of $3360/oz before settling around the $3350/oz mark.The precious metal looks set to continue its choppy price action at the start of a busy week.

The recovery in Gold from the overnight low could in part be down to lower US Treasury Yields with the benchmark 10Y US Treasury yield falling from its recent highs.

Crypto Markets Face Healthy Retracement as Bitcoin and Ethereum Test Key Levels

There were a few signals traders could have spotted ahead of the ongoing selloff.

After last Friday's warning from Bitcoin, with an all-time high leading to a direct retracement, the crypto market has started to make its way off its most recent highs.

USD/CAD Outlook: Geopolitical Risks, Fed Policy, and Canadian Inflation in Focus

USD/CAD advances in the US session, trading above the 100-day MA as the potential for further gains grows. There are of course headwinds for the pair which could scupper a move higher in the coming days.

Geopolitical Tensions and Technical Signals Point to Potential Oil Bottom

The ongoing war in Russia has counterintuitively been one of the most significant bearish catalysts in the black gold– Russia floods the market of Oil to countries like India to sponsor its war, prompting threats from Trump.



US Indices Maintain Bullish Momentum Amid AI Boom and Strong Earnings, Watching Key Technical

Yesterday's CPI report fueled even more fire to the ongoing relentless rally in US Equities. Up a respective 46% and 34% from their Liberation Day lows, both the Nasdaq and S&P 500 keep beating expectations.

DXY Weakens as Rate Cut Bets Rise Despite Mixed Technical Signals

The dollar dropped for the second day in a row on Wednesday. This came after U.S. inflation data raised hopes for a Federal Reserve rate cut next month, and President Donald Trump's push for lower rates added more pressure on the dollar.

EUR/USD Eyes 1.17 Breakout as USD Weakness and Bullish Technicals Align

After a rough month of July taking the most traded Major pair from 1.1830 highs to a 4-handle correction, the NFP report at the beginning of the month led a huge wave of higher mean-reversion – An end-July daily double top on the pair had brought fresh technical fuel to sell the Euro.

Hong Kong 33 CFD Index Breaks Above 20-Day MA, Eyes 25,890 in Short-Term Rally

Since the recent one-week slide of -5.8% seen on the Hong Kong 33 CFD Index (a proxy of the Hang Seng Index futures) from 24 July 2025 high to 1 August 2025 low, its price actions have been choppy as markets grappled with US tariffs news flow and the possibility of an imminent US Federal Reserve dovish pivot in September.

Silver Poised for Bullish Continuation Above $39.53, Key Support at $37.00

This is a follow-up analysis and update of our prior report, Chart of the day – Potential bullish acceleration for Silver (XAG/USD) published on 18 June 2025.

Silver (XAG/USD) has staged the expected rally of 7.1% from 18 June 2025 to hit the predefined resistance of US$39.08 (printed a 14-year high of US$39.53 on 23 July) before it staged a corrective decline of -8.39% to hit an intraday low of US$36.21 on 31 July 2025.

Germany 30 CFD Index Technical Outlook: Bullish Bias with Key Support at 23,990

The price actions of the Germany 30 CFD Index (a proxy of the DAX futures) have staged a corrective decline of 5% from its current all-time high of 24,655 on 10 July 2025 to 1 August 2025 intraday low of 23,385.

Several key technical elements are now advocating for a potential recovery to kickstart a new impulsive up move sequence within its major uptrend phase.

Bitcoin Nears New All-Time Highs: Technical Analysis and Key Levels Ahead of Tomorrow’s CPI

After touching $4,000, a cascade of Saturday buying took the second largest crypto to $4,350 highs.

Ether is now consolidating around the $4,200 key handle – A consolidation at its highs is a more bullish sign, however for the Crypto Market to run higher, Participants will now look at the leading Crypto.

Oil Under Pressure as Markets Await Trump-Putin Talks and US CPI Data

The energy commodity hasn't had its best performance this year. Oil got caught in the mix of many geopolitical headwinds between large supply from OPEC+ for internal reorganization (they want to force out some producing countries of the organization), Russia flooding the Market to pay for its war, downward revised global outlooks and tensions in the Middle East.

Decoding the Weakening Dollar and the Ascendancy of the Yen

The USD declined significantly over the last four weeks with the biggest gains for the SEK and the JPY, while AUD, CAD and NZD lagged behind. EM currencies were on balance stronger as well but with more dispersions.

Brent Crude Prices Struggle Amid U.S. Sanctions, Supply Concerns, and Tariff Fears

• Brent crude oil prices are under pressure due to new US sanctions on Iran, potential increases in Iraqi oil exports from Kurdistan.
• US Consumer confidence recorded its worst print in 3 years weighing on market sentiment.
• Technical analysis shows the 100-day moving average is acting as significant resistance around the 75.32 level for Brent crude oil.

January Inflation Unchanged at 2.5%, RBA Joins Easing Cycle

The Australian dollar has declined by 0.37% on Wednesday and is trading at 0.6320 in the European session. AUD/USD is down for a fourth consecutive trading day and has lost 1.2% during that time.

What to Expect from NVIDIA's Q4 2024 Earnings Amid AI Growth and Tariff Concerns

• NVIDIA is expected to announce strong Q4 2024 earnings, driven by high demand for GPUs in data centers and AI applications.
• The market is closely watching how NVIDIA’s earnings will reflect the demand for AI chips, especially after China’s DeepSeek incident.
• Potential challenges for NVIDIA include possible tariffs on chips manufactured in Taiwan (TSMC) and new export restrictions to China.

Japanese Yen Flexing Muscles as G-10's Best Performer Against the US Dollar

The Japanese yen is slightly lower on Wednesday.  In the North American session, USD/JPY is trading at 149.25, up 0.16% on the day.