The GBP/USD pair is under pressure, with bearish sentiment prevailing due to diverging monetary policies between the BoE and the Fed. Technical indicators suggest further downside, with the pair likely to test the 1.2900 support level.
AUD/CHF remains under pressure as bearish fundamentals for the Australian economy meet stable Swiss growth. Both technical and sentiment analysis point to further downside, with a short position targeting 0.5600 proving favourable.
Plug Power (PLUG) shows signs of a potential bullish reversal, supported by rising RSI and increased volume. A break above the $2.50 resistance level could signal a continued uptrend, with a favourable risk-reward ratio for long positions.
The NASDAQ 100 is exhibiting bullish momentum, with key technical levels hinting at an imminent breakout above 20,000. Earnings strength in tech stocks and supportive macroeconomic data underpin this outlook. However, investors should stay cautious of central bank policy developments, which could add volatility in the near term.
NVIDIA (NVDA) is poised for a potential breakout as technical indicators such as the RSI, moving averages, and price action point to bullish momentum. With strong fundamentals and a favourable macro environment, the stock could see further gains if it breaks above $130.
Lithium Americas Corp. (LAC) has shown a bullish breakout above key technical levels. The RSI and moving average crossovers support further gains, with a favourable risk-reward ratio pointing towards a potential uptrend.
The USD/CHF pair shows a bearish trend amid mixed economic signals from both the US and Swiss economies. With resistance at the 50-day SMA and broader bearish technical indicators, the market outlook leans towards further downside. Key support lies at 0.8400, making a short position viable for medium-term traders looking to capitalise on the prevailing market sentiment.
The GBPCAD currency pair currently displays bullish potential driven by divergent central bank policies and economic fundamentals. A recent golden cross signals continued upside, with key support at 1.7600 holding strong. While resistance at 1.8000 remains a hurdle, further gains are likely if sentiment remains positive.
Recent technical indicators for Pfizer suggest a bearish bias, with RSI showing potential for a small rebound. Resistance at $29 remains strong, limiting upside potential in the near term. Moving averages and volume trends indicate a lack of significant bullish momentum.
The USD/JPY is showing signs of a bearish turn, driven by policy divergence between the Fed and BOJ. While the US maintains a hawkish stance with higher rates, Japan faces mixed economic signals. Technical indicators point to weakness, but key support at 144.50 might limit immediate downside potential.
