Generated by All in One SEO v4.8.8, this is an llms.txt file, used by LLMs to index the site. # Axiory Intelligence Trading News and Education Portal ## Sitemaps - [XML Sitemap](https://axioryintelligence.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Stock of the Day: Autodesk](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-autodesk-9/) - In today’s stock of the day, let’s take a look at Autodesk, which is currently forming a classic descending triangle pattern. This setup consists of a horizontal support, marked in yellow, and a dynamic downtrend line acting as resistance, marked in black. It’s a well-known bearish formation, especially when it appears within a broader downtrend. - [Head and Shoulders Fails to Deliver on EUR/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-fails-to-deliver-on-eur-usd/) - In today’s technical analysis, let’s take a look at EUR/USD, where the situation is getting interesting. We have a classic bearish formation here, a head and shoulders pattern marked with blue lines. Normally, this setup suggests further downside, especially after a break of the neckline. But in this case, the market is not following the - [Markets Digest Fed, Earnings, and Fresh Data](https://axioryintelligence.com/news/daily-market-updates/markets-digest-fed-earnings-and-fresh-data/) - Thursday trading picks up right after a very eventful Wednesday. As expected, both the Federal Reserve and the Bank of Canada left interest rates unchanged. The key takeaway from the Fed side is that Jerome Powell stayed firm despite pressure from Donald Trump, signaling no rush to cut rates. Beyond central banks, earnings were a - [False Breakout Turns Copper Bearish](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-turns-copper-bearish/) - In today’s technical analysis, let’s take a look at copper, which is currently showing a very negative technical picture. The key element here is the wedge pattern marked with black lines. This type of formation is typically a trend continuation pattern, suggesting a breakout in the direction of the prior trend, which in this case - [Stock of the Day: Rivian](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-rivian/) - In today’s stock of the day, let’s take a look at Rivian on the weekly chart. So far, 2026 has been relatively uneventful. After making new long-term highs at the end of 2025, the price has been moving sideways, lacking clear direction. But the structure itself is quite clean. We have two important uptrend lines - [Big Day Ahead: FOMC and Tech Earnings](https://axioryintelligence.com/news/daily-market-updates/big-day-ahead-fomc-and-tech-earnings/) - Wednesday finally brings a shift in focus from geopolitics to macro and earnings. For the past weeks, markets were driven mostly by headlines around Iran, but today attention moves to central banks, especially the Federal Reserve. The key event is the FOMC decision, followed by the statement and press conference. Earlier in the day, we - [False Breakout Triggers Bullish Move on GBP/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-triggers-bullish-move-on-gbp-usd/) - In today’s technical analysis, let’s revisit GBP/USD, where we had a very clean and textbook setup. Back on April 20th, the focus was on a retest of a key horizontal support. That retest played out, but with a twist. The price briefly broke below the support, only to quickly reverse and move back above it. - [Stock of the Day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-33/) - In today’s stock of the day, let’s take a look at Apple, which has been moving sideways since October. The structure here resembles a symmetric triangle, although the lower boundary is relatively flat. Still, the overall idea remains the same. This is a consolidation phase where the market is waiting for direction. Last week, we - [Gap Moves and Reversals Define Monday Trading](https://axioryintelligence.com/news/daily-market-updates/gap-moves-and-reversals-define-monday-trading/) - Monday opens in a very unstable and headline-driven environment. The market is still fully focused on developments around Iran. The latest news suggests that Iran has offered a deal to the US to reopen trade, while postponing nuclear talks. Now the key question is how the US will respond, and that’s what traders are waiting - [Stock of the Day: Snapchat](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-snapchat/) - In today’s stock of the day, let’s take a look at Snap Inc., which is showing a very promising technical setup on the weekly chart. Last week was particularly strong, with the price rising significantly and shifting the overall sentiment. What stands out here is the early stage of an ICT Unicorn pattern. In this - [S&P 500 Stuck in Range as Markets Wait](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-stuck-in-range-as-markets-wait/) - In today’s technical analysis, let’s take a look at the S&P 500, which has been moving sideways since the end of last week. What we see here is a classic rectangle formation. Price is stuck between horizontal support and resistance, creating a range-bound environment. This kind of structure usually reflects indecision, and that’s exactly what - [PMI Day Brings Mixed Signals, Markets Stay Resilient](https://axioryintelligence.com/news/daily-market-updates/pmi-day-brings-mixed-signals-markets-stay-resilient/) - Thursday trading brings a mix of solid macro data and ongoing geopolitical tension. It’s a busy PMI day. We’ve already seen releases from Australia, Europe, the UK, and the US. In general, manufacturing PMIs surprised to the upside, coming in above 50, while services PMIs were weaker, especially in Europe where they slipped below 50. - [Bitcoin Approaches Critical $80K Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-approaches-critical-80k-resistance/) - In today’s technical analysis, let’s take a look at Bitcoin, which is steadily climbing higher and getting close to the long-awaited $80,000 level. This is a weekly chart, so the levels we’re discussing here are long-term and very important. The $80K area is not just a psychological barrier. It’s a confluence of multiple resistances: Previous - [Stock of the Day: Microsoft](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-microsoft-12/) - In today’s stock of the day, let’s take a look at Microsoft on the weekly chart, where the situation has improved significantly. Not long ago, the stock was in a dangerous position, sitting right on a major support. But the reaction from that level changed everything. The key level here is the horizontal support around - [Choppy Trading Continues Amid Mixed Signals](https://axioryintelligence.com/news/daily-market-updates/choppy-trading-continues-amid-mixed-signals/) - Wednesday trading continues in a very unstable and headline-driven environment. Everything still revolves around the situation involving Iran and the United States. The messaging is mixed and constantly changing. On one side, Donald Trump is talking about extending the ceasefire indefinitely. On the other, there are reports about continued military pressure and a blockade. At - [Cable Retests Support After Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/cable-retests-support-after-breakout/) - In today’s technical analysis, let’s take a look at GBP/USD, also known as cable. Last week brought an important technical development. The price managed to break a key resistance zone around 1.348, marked with a yellow area. This level had been holding since the end of February, so the breakout is significant. Before the breakout, - [Stock of the Day: Roblox](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-roblox/) - In today’s technical analysis, let’s take a look at Roblox, which is still in a long-term downtrend but starting to show early signs of a potential reversal. The first positive signal comes from an inverse head and shoulders pattern, marked with yellow rectangles. This formation is typically a bullish reversal signal, and in this case, - [Markets Turn Volatile as Tensions Rise Again](https://axioryintelligence.com/news/daily-market-updates/markets-turn-volatile-as-tensions-rise-again/) - Markets are starting the week in a difficult environment, and it’s not an easy time to trade. After a relatively optimistic end to the previous week, sentiment shifted again over the weekend. Hopes for de-escalation faded as Iran signaled no willingness to continue peace talks with the United States. That immediately brought back uncertainty and - [USD/JPY Waits for Breakout from Triangle](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-waits-for-breakout-from-triangle/) - In today’s technical analysis, let’s take a look at USD/JPY, which has been moving sideways for the past few weeks. At the moment, this is not the most attractive setup for immediate trading, but that doesn’t mean it should be ignored. Sideways markets often lead to strong moves once a direction is chosen. What we - [Stock of the Day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-17/) - In today’s stock of the day, let’s take a look at Johnson & Johnson, which is showing a very clean and repeatable technical structure. The stock is in a solid uptrend, and what stands out most is how orderly the corrections have been. Each bearish correction has been contained within a red downtrend line. And - [Markets Stay Resilient Amid Global Tensions](https://axioryintelligence.com/news/daily-market-updates/markets-stay-resilient-amid-global-tensions/) - Thursday starts on a relatively calm note, especially compared to the volatility seen earlier. On the macro side, we already got job data from Australia, which came exactly in line with expectations. It didn’t move the Australian dollar much, but that’s not surprising. The currency has been strong recently and continues to hold that position. - [Gold Rejected at Key Resistance Again](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-rejected-at-key-resistance-again/) - In today’s technical analysis, let’s take a look at gold, which is currently testing a very important resistance zone. This yellow-marked area has already proven its strength. It was tested in the previous week and triggered a drop. Now we are seeing another test, and once again, the reaction is not encouraging for buyers. The - [Stock of the Day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-32/) - In today’s stock of the day, let’s take a look at Apple, which has been moving sideways in recent sessions. The key level to watch here is the yellow horizontal support around $245. Despite the recent breakout of the green uptrend line, the price is still holding above this support, which keeps the overall sentiment - [Indices Extend Rally While Oil Pulls Back](https://axioryintelligence.com/news/daily-market-updates/indices-extend-rally-while-oil-pulls-back/) - Wednesday trading starts in a relatively calm mood. After the gap-filled open on Monday, markets quickly stabilized, and since then, there hasn’t been much disruption. This week feels quiet so far, at least on the surface. What’s important today is the start of the earnings season. Reports from Bank of America and Morgan Stanley will - [S&P 500 Holds Key Supports Despite Risk-Off Open](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-holds-key-supports-despite-risk-off-open/) - In today’s technical analysis, let’s take a look at the S&P 500, which opened the week under pressure after a tense geopolitical weekend. The failed talks between the United States and Iran, along with reports of disruptions around the Strait of Hormuz, triggered a clear risk-off reaction at the open. Index futures started the week - [Stock of the Day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-22/) - In today’s stock of the day, let’s take a look at Nvidia, which is showing a very structured and interesting setup. Since November, the price has been moving sideways inside a rectangle pattern marked with green lines. This kind of price action typically represents an accumulation phase, where larger players build positions. In March, we - [Shock Hormuz Blockade Triggers Global Risk-Off](https://axioryintelligence.com/news/daily-market-updates/shock-hormuz-blockade-triggers-global-risk-off/) - Monday starts with a major surprise for the markets. After weeks of pushing to keep the route open, Donald Trump has shifted direction. The US is now moving to block the Strait of Hormuz, with military action scheduled to begin at 10 a.m. Eastern time. That’s a serious escalation and markets reacted immediately. We are - [Stock of the day: Microsoft](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-microsoft-11/) - One of the major stocks under pressure recently is Microsoft. Since the highs in October, the stock has dropped around 35%, which puts it in a clearly negative long-term situation. Now, price is approaching a very important support zone on the weekly chart. This is not just a single level. It’s a confluence of two - [Oil Recovery Looks Like a Bearish Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/oil-recovery-looks-like-a-bearish-setup/) - In today’s technical analysis, let’s take a look at WTI Crude Oil, which recently experienced a very sharp move. After the decision from Donald Trump to extend the deadline by two weeks, oil dropped almost 20%. That’s a strong reaction and clearly shifts the short-term sentiment. Now we are seeing a recovery, but it’s important - [Markets Cool After Risk-On Rally](https://axioryintelligence.com/news/daily-market-updates/markets-cool-after-risk-on-rally/) - Thursday brings a more mixed and slightly calmer tone after the strong moves seen earlier in the week. On the macro side, the calendar delivered a couple of important readings from the US. The PCE price index came in line with expectations at 0.4%, while final GDP printed at 0.5%, below the expected 0.7%. That - [Stock of the day: American Express](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-american-express-7/) - In today’s technical analysis, let’s take a look at American Express, which is showing a very clear structure on the hourly chart. Even though we’re looking at a short-term timeframe, this setup has been developing since the beginning of March, which makes it more meaningful. The price is moving inside a rectangle pattern marked with - [Dollar Weakness Drives USD/JPY Lower](https://axioryintelligence.com/analysis/daily-technical-analysis/dollar-weakness-drives-usd-jpy-lower/) - In today’s technical analysis, let’s focus on USD/JPY, where the technical picture has clearly turned negative. Recent developments in the Middle East have weakened the US dollar, and that shift is now visible on the chart. The pair has formed a classic head and shoulders pattern, marked with yellow rectangles. More importantly, the price has - [Stocks Surge as Tensions Ease](https://axioryintelligence.com/news/daily-market-updates/stocks-surge-as-tensions-ease/) - Traders are stepping into Wednesday after a major shift in sentiment triggered overnight. The key moment came when the ultimatum from Donald Trump expired. Markets were bracing for escalation, but instead got the opposite. Trump announced a suspension of military actions against Iran for two weeks. That decision immediately changed the tone across global markets. - [Stock of the Day: General Motors](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-general-motors-8/) - Today’s stock of the day is General Motors, where the technical setup is clean and easy to read. On the H1 chart, the stock remains in a downtrend. Within this trend, price action has formed a descending triangle. This pattern consists of a falling resistance line, marked with black lines, and a horizontal support marked - [Reversal Structure Forms on AUD/JPY](https://axioryintelligence.com/analysis/daily-technical-analysis/reversal-structure-forms-on-aud-jpy/) - In today’s technical analysis, let’s take a look at AUD/JPY, which is showing early signs of a trend reversal. The process started last week, when the price broke out to the upside from a wedge pattern. That breakout was the first signal that the previous downtrend might be losing momentum. Since then, the price has - [Monday Starts Green Ahead of Key Tuesday](https://axioryintelligence.com/news/daily-market-updates/monday-starts-green-ahead-of-key-tuesday/) - Traders are stepping into Monday after a tense weekend, but the market reaction is surprisingly calm, with a slight optimistic tone. The main focus remains on developments around Iran. Over the weekend, reports emerged that Iran may be pushing for a 45-day ceasefire. At the same time, Donald Trump warned that if no deal is - [Gold at a Key Decision Point](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-at-a-key-decision-point/) - In today’s technical analysis, let’s focus on Gold, where the market is approaching a crucial decision point. Recently, gold broke below the mid-term uptrend line, which is an early warning signal for the buyers. This move was largely driven by increased geopolitical tension and stronger rhetoric from Donald Trump regarding Iran. However, despite this breakdown, - [Stock of the Day: Walmart](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walmart-4/) - Today’s stock of the day is Walmart, which continues to move higher in a very structured and repeatable way. The trend here is clean. We have a steady uptrend, and along the way, several bearish corrections. What’s important is how those corrections behave. Each time, the price forms a short-term downtrend, and once the upper - [Dollar Surges, Crypto Drops on New Threats](https://axioryintelligence.com/news/daily-market-updates/dollar-surges-crypto-drops-on-new-threats/) - Traders are stepping into Thursday after a volatile overnight session, driven once again by geopolitical developments. Late in the US session and into the Asian trading hours, comments from Donald Trump shifted sentiment sharply. His statement about potentially hitting Iran “extremely hard” was seen as a clear escalation. This came as a surprise, especially after - [Traders Focus on De-escalation Hopes](https://axioryintelligence.com/news/daily-market-updates/traders-focus-on-de-escalation-hopes/) - Traders are stepping into another session after a highly volatile day, once again driven by developments around Iran. Yesterday, markets reacted positively to comments from Donald Trump, who suggested that the US could withdraw from the conflict within two to three weeks and that regime change would not be required. This was interpreted as a - [Stock of the day: Google](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-google-8/) - Today’s stock of the day is Alphabet Inc., which is currently going through a corrective rebound, but the broader technical picture remains negative. The key structure here is a head and shoulders pattern marked with yellow rectangles. This formation has already been activated, as the price broke below the orange neckline last week. That breakdown - [Sharp Reversal Signals Weakness on DXY](https://axioryintelligence.com/analysis/daily-technical-analysis/sharp-reversal-signals-weakness-on-dxy/) - In today’s technical analysis, let’s take a look at the US Dollar Index, which delivered a very sharp and meaningful reversal. At the start of the session, the dollar showed strong momentum. The price pushed above the yellow resistance, reaching levels not seen for several months. However, that strength did not last long. The market - [Oil Stays Elevated While Stocks Attempt Recovery](https://axioryintelligence.com/news/daily-market-updates/oil-stays-elevated-while-stocks-attempt-recovery/) - Traders are coming back after the weekend, and this time the market avoided a major surprise. Given recent events, holding positions over the weekend carried significant risk, but fortunately, there was no major escalation in the Middle East that could have dramatically shifted sentiment. There are still tensions involving Iran, but nothing impactful enough to - [AUD/JPY Signals Major Trend Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-jpy-signals-major-trend-reversal/) - In today’s technical analysis, let’s focus on AUD/JPY, where we are witnessing a significant trend reversal. For several months, the pair was moving inside a channel up formation marked with green lines, clearly defining a stable uptrend. That structure has now been broken. The price moved below the lower boundary of the channel, which is - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-43/) - Today’s stock of the day is Tesla, which continues to weaken as the 2026 bearish correction unfolds. The technical picture is clearly deteriorating. First, the price broke below the black uptrend line, which had been supporting the longer-term bullish structure. That was the first warning sign. Then, we saw a break below the yellow horizontal - [Markets Drift Sideways as Traders Await Iran Clarity](https://axioryintelligence.com/news/daily-market-updates/markets-drift-sideways-as-traders-await-iran-clarity/) - Welcome to the first session of the day. The macro calendar is very light, with only US unemployment claims scheduled. That leaves markets primarily driven by sentiment and geopolitical developments. The situation around Iran remains unresolved. There is no clear information about a potential deal or ceasefire. Statements from the Donald Trump administration and Iranian - [Stock of the Day: Amgen](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amgen/) - Today’s stock of the day is Amgen, which is presenting a very clear bearish technical structure. The broader uptrend has been invalidated by a head and shoulders pattern marked with blue lines. This formation typically signals a trend reversal, and in this case, it has already been confirmed. The price broke below the green neckline, - [Cocoa Awaits Breakout After Early March Rally](https://axioryintelligence.com/analysis/daily-technical-analysis/cocoa-awaits-breakout-after-early-march-rally/) - In today’s technical analysis, let’s take a look at Cocoa, which recently showed signs of a potential trend reversal. At the end of February, the market formed an inverse head and shoulders pattern marked with blue rectangles. The breakout above the black neckline activated this formation and generated a buy signal, suggesting that the previous - [Oil Drops as Peace Hopes Lift Market Sentiment](https://axioryintelligence.com/news/daily-market-updates/oil-drops-as-peace-hopes-lift-market-sentiment/) - Hello traders, welcome to Wednesday. We are coming into today after very strong moves that developed late Tuesday and continued overnight during the Asian session. The key driver was oil. We saw a sharp decline at the end of Tuesday, and that move extended into Asia. The trigger was news suggesting that the United States - [Silver Builds Bullish Reversal Structure](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-builds-bullish-reversal-structure/) - In today’s technical analysis, let’s focus on Silver, which is starting to build a promising bullish reversal structure. The first key element is an inverse head and shoulders pattern marked in yellow. The price has already broken the black neckline of this formation, which is the first confirmation of a potential reversal. In addition to - [Stock of the Day: Lyft](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-lyft-2/) - Today’s stock of the day is Lyft, which has been moving in a very clean sideways structure since mid-February. The dominant pattern here is a rectangle formation marked with green lines. Price has been oscillating between horizontal resistance and horizontal support, respecting both boundaries with good precision. This kind of structure reflects balance between buyers - [Equities and Metals Slide as Geopolitical Tension Persists](https://axioryintelligence.com/news/daily-market-updates/equities-and-metals-slide-as-geopolitical-tension-persists/) - Hello traders, welcome to a new week, the last full trading week of March. Many market participants were waiting for the open to see whether the weekend would bring another major shock and large opening gaps. That did not happen. The Asian session has been volatile, but the weekend gaps themselves were not especially large. - [Stock of the Day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-21/) - Today’s stock of the day is Nvidia, which has been trading in a relatively sideways structure throughout 2026 and has clearly lost momentum compared with its earlier trend. The dominant pattern on the chart is a rectangle marked with orange lines. This means the stock is locked between horizontal support and resistance, with no decisive - [Downside Breakout Puts AUD/USD Under Pressure](https://axioryintelligence.com/analysis/daily-technical-analysis/downside-breakout-puts-aud-usd-under-pressure/) - In today’s technical analysis, let’s focus on AUD/USD, which ended Friday on a weak note and is starting the new week under clear pressure. The key structure on the chart is a symmetric triangle marked with red lines. This pattern had been containing price action for some time, but Monday brings a breakout to the - [Post-FOMC Sell-Off Deepens as Oil Surges](https://axioryintelligence.com/news/daily-market-updates/post-fomc-sell-off-deepens-as-oil-surges/) - Welcome to the first session after the FOMC decision. The Federal Reserve kept interest rates unchanged at 3.75%, in line with expectations, despite slightly higher inflation and ongoing geopolitical uncertainty related to Iran. Markets reacted negatively. Equity indices continued their sell-off, with the Dow Jones Industrial Average reaching new lows for 2026. Futures remain under - [Bitcoin Stuck Below Key Resistance Levels](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-stuck-below-key-resistance-levels/) - In today’s technical analysis, let’s focus on Bitcoin, which experienced a sharp drop yesterday, reinforcing the negative sentiment. From a structural point of view, the situation remains clearly bearish. The recent price action can be interpreted as a bullish correction within a broader downtrend, marked with red lines. This correction resembles the structure we saw - [Stock of the day: Uber](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-uber-4/) - Today’s stock of the day is Uber Technologies, viewed on the H4 chart, where the overall structure remains clearly bearish. The dominant trend is to the downside, although there is one minor bullish element. Price managed to break above a green downtrend line. However, this breakout lacks momentum and follow-through. There was no meaningful continuation - [Oil Stalls Near $100 as Traders Await Data](https://axioryintelligence.com/news/daily-market-updates/oil-stalls-near-100-as-traders-await-data/) - Wednesday brings a very important macro calendar, with several key events that can shape market direction. The focus will be on US producer inflation data, followed by interest rate decisions from both Bank of Canada and the Federal Reserve. In both cases, no change in rates is expected. Market participants are currently pricing in near-zero - [USD/CHF Under Pressure Below Key Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-under-pressure-below-key-resistance/) - In today’s technical analysis, let’s focus on USD/CHF, which is currently in a clearly negative technical setup. The broader structure is a downtrend. Price has already broken below an important horizontal support marked in orange. After the breakdown, the market returned to test this level twice, at the beginning of March and again a few - [Stock of the Day: Alibaba](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-alibaba-17/) - Today’s stock of the day is Alibaba Group, viewed from a long-term weekly perspective, where the situation is becoming increasingly fragile. A few weeks ago, the price broke below a key horizontal support around $145, marked with orange. This level had previously acted as a strong floor for the market, so its violation is a - [Markets Start the Week on a Positive Note After Weak Close](https://axioryintelligence.com/news/daily-market-updates/markets-start-the-week-on-a-positive-note-after-weak-close/) - A new trading week has begun, so let’s take a look at how the markets opened. After a relatively weak finish to last week, futures are starting Monday on the green side. The S&P 500 recorded three consecutive bearish weeks, but the new week begins with a modest recovery during the Asian session. The gains - [Stock of the Day: McDonald's](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-22/) - Today’s stock of the day is McDonald's, which delivered a strong performance throughout February. From a technical perspective, the key structure on the chart is an ascending triangle pattern. The formation is defined by a rising red trendline acting as dynamic support and a blue horizontal resistance that capped the upside for several months. At - [EUR/GBP Tests Neckline of Major Reversal Pattern](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-tests-neckline-of-major-reversal-pattern/) - In today’s technical analysis, let’s focus on EUR/GBP viewed from the daily chart, which gives us a clearer long-term perspective. The dominant structure visible on the chart is a head and shoulders formation marked with blue rectangles. This is a classic bearish reversal pattern that often appears near the end of an uptrend. Recently, the - [Markets Ignore War Victory Claims, Focus on Oil Shock](https://axioryintelligence.com/news/daily-market-updates/markets-ignore-war-victory-claims-focus-on-oil-shock/) - Markets opened the first session of the day in a noticeably different mood compared with earlier in the week, although volatility remains very high. After a strong recovery on Monday, indices traded mostly sideways on Tuesday and Wednesday. However, the Asian session on Thursday brought a clear reversal, with equities moving sharply lower again. The - [Stock of the Day: Dell](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-dell-3/) - Today’s stock of the day is Dell Technologies, which has undergone a very interesting technical transition over the past few weeks. At the end of January, the chart looked clearly bearish. The dominant structure was a head and shoulders formation marked with yellow rectangles. Toward the end of that month, the price broke below the - [Gold Signals Downside Risk After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-signals-downside-risk-after-false-breakout/) - Let’s take a look at Gold, which has recently transitioned from strong volatility into a sideways phase. At the beginning of March we saw a very aggressive move, but since then the market has been consolidating and moving mostly sideways. From a structural point of view, the chart resembles the classic ICT Power of Three - [Markets Swing Wildly as Oil Surge Turns Into Collapse](https://axioryintelligence.com/news/daily-market-updates/markets-swing-wildly-as-oil-surge-turns-into-collapse/) - It is only the beginning of Wednesday and markets are already experiencing one of the most volatile weeks in recent months. The primary driver is the escalation involving Iran, which has triggered violent moves across commodities and broader financial markets. The most dramatic action has been in oil. Both Brent Crude and West Texas Intermediate - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-42/) - Today’s stock of the day is Tesla, which is currently trading at a very interesting technical location. The price is positioned exactly above a crucial horizontal support around $385, marked with blue on the chart. This level has been tested multiple times since November, which makes it a very important technical reference for the market. - [Ethereum Forms Classic ICT Power of Three Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-forms-classic-ict-power-of-three-setup/) - In today’s technical analysis, let’s take a look at Ethereum, which is currently forming a structure that many ICT traders will immediately recognize. The setup resembles the classic ICT Power of Three model. First, we had the accumulation phase, marked with a yellow rectangle. During this stage, the market traded sideways as liquidity was building - [Oil Shock Drives Global Risk-Off Sentiment](https://axioryintelligence.com/news/daily-market-updates/oil-shock-drives-global-risk-off-sentiment/) - Today’s market commentary is dominated by one topic: oil. Both Brent Crude and West Texas Intermediate opened the week with a significant bullish gap, and prices are currently around 25% higher on the day. That move pushes oil close to a 100% increase year-to-date, signaling a clear supply shock in the energy market. The situation - [Stock of the Day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-31/) - Today’s stock of the day is Apple, which has been trading sideways for several months. Even though the broader stock market has recently shown signs of weakness, Apple has so far remained inside a consolidation structure. Since December, the price has been moving within a symmetric triangle pattern. This formation reflects tightening volatility and a - [S&P 500 Breaks Wedge Support, Eyes 6,500](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-breaks-wedge-support-eyes-6500/) - In today’s technical analysis, let’s focus on the indices, particularly the S&P 500, which started the new week under heavy pressure. The index opened with a bearish gap and continues to move sharply lower. From a technical perspective, the most important development is the breakdown below a key support level — the lower boundary of - [Oil Exporters’ Currencies Strengthen as Crude Surges](https://axioryintelligence.com/news/daily-market-updates/oil-exporters-currencies-strengthen-as-crude-surges/) - Let’s begin today’s market commentary with the macro calendar. The schedule is relatively quiet today, with the only notable release being US unemployment claims. That means markets are likely to be driven more by sentiment and positioning rather than fresh macro catalysts. Yesterday’s data, however, was clearly supportive. The US ISM Services PMI came in - [USD/JPY Builds Strong Intraday Buy Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-builds-strong-intraday-buy-setup/) - Today’s technical analysis focuses on USD/JPY, which currently presents a promising buy setup on the H1 chart. The broader structure is clearly bullish. Price is moving in a well-defined uptrend supported by a green ascending trendline. This trendline has already been tested several times and continues to act as a reliable dynamic support. Within this - [Stock of the Day: UPS](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ups-4/) - Today’s stock of the day is UPS, which is maintaining a healthy technical structure on the H4 chart. The broader context is a clear uptrend supported by a rising red trendline. This line has already been tested several times in the past, and each time the market reacted with a strong continuation to the upside. - [Markets Remain Volatile as Middle East Conflict Dominates](https://axioryintelligence.com/news/daily-market-updates/markets-remain-volatile-as-middle-east-conflict-dominates/) - Let’s start today’s market commentary with the macro calendar. Yesterday we received higher-than-expected inflation data from the eurozone, but the release did not provide much support for the euro. The common currency remains under visible pressure despite the stronger inflation print. Today’s calendar includes several notable data points. Earlier we received GDP data from Australia, - [Stock of the Day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-20/) - In today’s stock of the day, let’s take a look at Nvidia, which has been trading rather quietly since mid-November. The price has been moving inside a clear sideways range, a rectangle marked with orange lines. The lower boundary of this range sits around $170 and acts as support, while the upper boundary near $194 - [Silver Rebounds After Sharp Two-Day Collapse](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-rebounds-after-sharp-two-day-collapse/) - Today’s technical analysis focuses on Silver, which experienced a dramatic move over the last few sessions. During the previous two days, silver dropped more than 20%, a very aggressive correction after the earlier rally. However, the second half of Tuesday’s session brought the first signs of recovery. Buyers stepped in and started a rebound, and - [Oil Surges 6% After Weekend Strike on Iran](https://axioryintelligence.com/news/daily-market-updates/oil-surges-6-after-weekend-strike-on-iran/) - A new week begins after a highly eventful weekend. Donald Trump once again used the weekend to introduce a major geopolitical shock, this time involving an attack on Iran. As expected, markets opened with a classic risk-off reaction. Oil reacted immediately. Crude opened with a bullish gap, pulled back briefly, and then resumed its climb. - [Stock of the Day: Comcast](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-comcast/) - Comcast is presenting a technically clean structure with a constructive bias. The broader context is an established uptrend, supported by a key horizontal level around 30.6 marked in orange. This level acted as resistance at the end of last year and, after the breakout, turned into support at the beginning of February. That role reversal - [Copper Reaches Target After Clean Rectangle Bounce](https://axioryintelligence.com/analysis/daily-technical-analysis/copper-reaches-target-after-clean-rectangle-bounce/) - All eyes today are naturally on oil following the escalation between the US and Iran, but instead of focusing on the obvious instrument, it is worth looking at copper. While not directly tied to the conflict in the same way as crude, copper is still part of the broader commodities complex and can react to - [Nvidia Delivers, Markets Hold Bullish Tone](https://axioryintelligence.com/news/daily-market-updates/nvidia-delivers-markets-hold-bullish-tone/) - Welcome to Thursday, the first session after a very eventful Wednesday. The key event was earnings from Nvidia, published after the market close. Both EPS and revenue came in well above expectations. Despite the strong numbers, the after-hours reaction was muted, with Nvidia trading more or less flat. No major shock, but importantly, no disappointment - [Indecision Builds as S&P 500 Tests Triangle Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/indecision-builds-as-sp-500-tests-triangle-resistance/) - The S&P 500 is currently trading inside a well-defined symmetric triangle marked with green boundaries. This structure reflects compression and balance between buyers and sellers after prior volatility. On February 25th, price bounced cleanly from the lower boundary of the triangle, confirming that support remains respected. Yesterday, the index reached the upper boundary of the - [Stock of the Day: Coinbase](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coinbase-2/) - Coinbase is showing a technically constructive setup. On the H4 chart, we can identify an inverse head and shoulders formation, and importantly, the green neckline of this structure has already been broken. That breakout activates the pattern and generates a bullish signal. What makes this formation particularly meaningful is its location. The inverse head and - [Nvidia Earnings Take Center Stage on Busy Wednesday](https://axioryintelligence.com/news/daily-market-updates/nvidia-earnings-take-center-stage-on-busy-wednesday/) - Welcome to Wednesday. The headline event today is earnings from Nvidia, scheduled after the market close. This is clearly the key catalyst of the session. Given Nvidia’s weight in major indices and its influence on the AI narrative, volatility around the close and into tomorrow’s session is very likely. Earlier today, we received inflation data - [Stock of the Day: Caterpillar](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-caterpillar-2/) - Caterpillar delivered a strong session, and the chart confirms that the move was technically meaningful. What stands out is a bullish breakout from a flag pattern marked in green. This is a classic continuation formation, typically appearing after a strong impulse higher, followed by a brief consolidation. The breakout above the upper boundary of the - [CHF/JPY Builds Momentum Inside Rising Channel](https://axioryintelligence.com/analysis/daily-technical-analysis/chf-jpy-builds-momentum-inside-rising-channel/) - CHF/JPY remains in a well-defined rising channel marked with red boundaries. The broader structure is clearly bullish, with price respecting both the lower and upper limits of the channel with notable precision. Inside this channel, we can identify two continuation formations. The first was an orange flag that resolved with a breakout to the upside, - [Risk-Off Monday as Tariff Shock Hits Markets](https://axioryintelligence.com/news/daily-market-updates/risk-off-monday-as-tariff-shock-hits-markets/) - The first session of the final full trading week in February begins in clear risk-off mode. The driver is political. Over the weekend, Donald Trump announced an immediate increase in global tariffs to 15%, up from 10%. The move adds another layer of uncertainty to an already fragile trade environment. Combined with ongoing legal and - [Gold Reclaims Momentum Near Key Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-reclaims-momentum-near-key-resistance/) - Gold is starting the final week of February on a constructive note. Price is pushing higher and is now trading at the highest levels seen this month. That is particularly noteworthy given how January ended, with a sharp and aggressive sell-off that damaged short-term sentiment. From a technical perspective, gold has developed an ascending triangle - [Stock of the Day: American Express](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-american-express-6/) - American Express is currently in a technically negative position. On the daily chart, we can clearly identify a head and shoulders formation marked with green rectangles. This structure has already been activated. The red neckline of the pattern was broken a few days ago, generating a formal sell signal. In addition to that, the stock - [Hawkish FOMC Minutes vs Trump Pressure](https://axioryintelligence.com/news/daily-market-updates/hawkish-fomc-minutes-vs-trump-pressure/) - Hello Traders! The global economy remains active, with several key developments shaping sentiment across asset classes on this first trading day of the week. Australia’s January employment figures were mixed but overall resilient. Employment change came in lower than anticipated, though a positive upward revision to the prior month provided some offset. The unemployment rate - [Rectangle Continuation in Copper – False Breakout Sets Stage for Bullish Move](https://axioryintelligence.com/analysis/daily-technical-analysis/rectangle-continuation-in-copper-false-breakout-sets-stage-for-bullish-move/) - We previously analyzed copper about one week ago, when the price was trading within a well-established rectangle pattern, bounded by horizontal green lines marking clear support and resistance levels. This consolidation range has remained intact, with the price migrating from the upper boundary down toward the lower one over recent sessions. Most notably, there was - [Stock of the Day: Warner Music Group Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-warner-music-group-corporation/) - Warner Music Group Corporation (WMG) is showcasing a promising bullish pattern on its chart, making it our featured stock today. The price action has been consolidating in a sideways trend, delineated by converging blue trendlines that form a classic symmetric triangle. This pattern typically indicates a period of indecision, with potential for a significant breakout. - [Oil Climbs, Metals Hesitate, Crypto Slips](https://axioryintelligence.com/news/daily-market-updates/oil-climbs-metals-hesitate-crypto-slips/) - Welcome to Wednesday. The calendar is finally active again, so let’s begin there. The session started with an interest rate decision from Reserve Bank of New Zealand. Rates were left unchanged at 2.25%, fully in line with expectations. Despite the lack of surprise, the New Zealand dollar is the weakest currency on the board. That - [Uptrend Defended as S&P 500 Targets Lower Highs](https://axioryintelligence.com/analysis/daily-technical-analysis/uptrend-defended-as-sp-500-targets-lower-highs/) - S&P 500 is showing constructive price action after a technically meaningful rebound. The key development is yesterday’s session, which printed a clear hammer formation, or pin bar if you prefer that terminology. The candle shows strong rejection of lower levels and an intraday shift in control back toward buyers. The location of that hammer is - [Stock of the Day: Shopify](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-shopify-3/) - Shopify has been in a clear downtrend since October, and the technical structure explains why. On the daily chart, we can identify a head and shoulders formation marked with green rectangles. It is not a perfect textbook example, as the left shoulder lacks symmetry, but the underlying principle remains valid. The pattern reflects distribution and - [Quiet Start to the Week as Markets Trade Light](https://axioryintelligence.com/news/daily-market-updates/quiet-start-to-the-week-as-markets-trade-light/) - Welcome to a new trading week. The macro calendar is completely empty today, and on top of that we are entering the Chinese New Year period, which typically reduces liquidity and participation across Asian markets. Adding to the thin conditions, both Canadian and US markets are closed, which further limits activity. For meaningful macro catalysts, - [Weekly Head and Shoulders Puts USD/CAD at Risk](https://axioryintelligence.com/analysis/daily-technical-analysis/weekly-head-and-shoulders-puts-usd-cad-at-risk/) - On the weekly chart, USD/CAD is developing a structure that could have long-term implications. The dominant formation is a large head and shoulders pattern, marked with orange rectangles. This is not a minor setup. It is a multi-year structure that reflects distribution rather than short-term volatility. The key level in this formation is the neckline, - [Stock of the Day: Bank of America](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-bank-of-america-6/) - Bank of America is starting to look technically fragile on the H4 chart. The structure developing here is a clear head and shoulders formation, with the shoulders marked by green rectangles. This is a classic bearish reversal pattern, but at this stage it remains incomplete. The key level to monitor is the blue neckline. So - [Indices Steady After Whipsaw Reaction to NFP](https://axioryintelligence.com/news/daily-market-updates/indices-steady-after-whipsaw-reaction-to-nfp/) - Welcome to the first session after the delayed January non-farm payrolls release. Yesterday’s job numbers came in significantly above expectations, printing at 130,000 versus the 66,000 forecast. That is a substantial upside surprise and, at least on paper, a strong signal about labor market resilience. Donald Trump quickly commented on the data, calling the job - [Sideways Structure Dominates Copper](https://axioryintelligence.com/analysis/daily-technical-analysis/sideways-structure-dominates-copper/) - Copper remains in a well-defined sideways structure that has been in place since the beginning of January. The price is moving inside a horizontal range marked with an orange rectangle. Apart from a brief upside spike at the end of January, which turned into a false breakout, the structure is technically clean and consistent. That - [Stock of the Day: Palantir](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-palantir/) - Today’s stock of the day is Palantir Technologies. The technical picture here is clearly negative and already confirmed. On the daily chart, we can identify a head and shoulders formation marked in orange. The red neckline of this pattern was broken at the beginning of February, which activated the formation and generated a proper sell - [Delayed NFP Takes Center Stage on Wednesday](https://axioryintelligence.com/news/daily-market-updates/delayed-nfp-takes-center-stage-on-wednesday/) - Welcome to Wednesday. Today the entire market focus is on the delayed January jobs report. Normally, non-farm payrolls are released on the first Friday of the month, but this time the publication falls on Wednesday, which adds an unusual twist to market positioning. Expectations for non-farm payrolls stand at 66,000, up from the previously reported - [Stock of the Day: Berkshire Hathaway](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-berkshire-hathaway-8/) - And now let’s move to today’s stock of the day and take a look at Berkshire Hathaway. So far in 2026, Berkshire has been trading largely sideways, and the daily chart clearly reflects that consolidation. The dominant structure is a symmetric triangle pattern. Price action is compressing between descending resistance and ascending support, reflecting a - [EUR/USD at Decision Point Inside Tight Rectangle](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-at-decision-point-inside-tight-rectangle/) - In today’s technical analysis, let’s focus on EUR/USD. Over the past few sessions, the pair has been moving sideways, forming a clear rectangle pattern marked in orange. This consolidation reflects temporary balance between buyers and sellers after the prior directional move. What makes this setup more interesting is its location. The rectangle is positioned just - [Calm Start to the Week as Markets Build on Friday’s Reversal](https://axioryintelligence.com/news/daily-market-updates/calm-start-to-the-week-as-markets-build-on-fridays-reversal/) - Hello traders, welcome to a new week and new trading opportunities. Let’s start with the calendar, which is unusually quiet today. There are no meaningful macro releases scheduled, so markets will be waiting for the bigger events later in the week. The key highlights will be non-farm payrolls, which will be published unusually on Wednesday, - [Stock of the Day: Snap](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-snap-2/) - And now let’s move to today’s stock of the day and take a look at Snap Inc., better known to traders as Snapchat. From a technical perspective, the picture here is clearly negative and structurally well defined. On the daily chart, Snap recently formed a descending triangle pattern. This is a classic bearish formation, characterized - [GBP/NZD Bounces From Extreme Levels, Trend Still Dominant](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-nzd-bounces-from-extreme-levels-trend-still-dominant/) - In today’s technical analysis, let’s take a look at the British pound versus the New Zealand dollar. Earlier today, the pair briefly printed new multi-time lows, but that weakness was followed by a sharp intraday rebound from extremely oversold levels. Over the past few sessions in February, price has been respecting a local horizontal support - [Macro Heavy Thursday as Commodities and Crypto Slide](https://axioryintelligence.com/news/daily-market-updates/macro-heavy-thursday-as-commodities-and-crypto-slide/) - Welcome to Thursday, and let’s take a look at what is driving markets right now. The starting point today has to be oil. Crude had a very strong session yesterday, supported by renewed geopolitical concerns in the Middle East related to Iran. Donald Trump stated that Iran’s supreme leader should be “very worried,” and additional - [Stock of the Day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-19/) - And now let’s move to today’s stock of the day and take a look at NVIDIA. NVIDIA is currently defending an absolutely key technical support level, which is the blue neckline of a head and shoulders formation visible on the daily chart. This support is particularly relevant because it connects a sequence of higher lows - [S&P 500 Forms Rising Wedge as Reversal Risk Builds](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-forms-rising-wedge-as-reversal-risk-builds/) - In today’s technical analysis, let’s take a closer look at the S&P 500, which is currently developing a technically significant rising wedge formation. While wedges are often continuation patterns, the context here is crucial. A rising wedge forming within an already established uptrend is typically treated as a bearish reversal structure rather than a bullish - [Metals Surge While Bitcoin Extends Its Decline](https://axioryintelligence.com/news/daily-market-updates/metals-surge-while-bitcoin-extends-its-decline/) - Hello traders, welcome to Wednesday as we move into the European session. Let’s take a look at what is driving markets right now, starting with the macro calendar. Just a few minutes ago, we received inflation data from Europe. Inflation came in below expectations, but despite the softer print, the euro reaction has been muted. - [Stock of the Day: McDonald’s](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-21/) - And now let’s move to today’s stock of the day and take a look at McDonald's. McDonald’s is currently trading at an absolutely key resistance level, but to properly assess the situation, it’s important to zoom out and look at the broader technical picture. On the daily chart, the dominant structure is an ascending triangle - [Bearish Signals Stack Up on EUR/GBP](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-signals-stack-up-on-eur-gbp/) - In today’s technical analysis, let’s focus on two European currencies and take a closer look at the euro versus the British pound. EUR/GBP is clearly showing signs of technical trouble and has already generated a proper sell signal, with price trading at its lowest levels since the end of August 2025. This alone highlights how - [Metals and Crypto Slide as New Month Begins](https://axioryintelligence.com/news/daily-market-updates/metals-and-crypto-slide-as-new-month-begins/) - January is now fully behind us, and it ended on a very volatile and aggressive note. The most notable development was the sharp decline in precious metals toward the end of the month. Gold and silver both saw heavy selling pressure, closing January with strong downside momentum. Over the weekend, this negative tone was reinforced - [Stock of the Day: Dell](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-dell-2/) - And now let’s move to today’s stock of the day and take a look at Dell. On the daily chart, Dell has developed a technically dangerous structure in the form of a head and shoulders formation, clearly visible and marked on the chart. This is a classic bearish reversal pattern and typically appears when upside - [Bitcoin Extends Sell-Off as Head and Shoulders Plays Out](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-extends-sell-off-as-head-and-shoulders-plays-out/) - In today’s technical analysis, we have to take a closer look at Bitcoin. Bitcoin continues to move significantly lower, printing new yearly lows and now approaching the lows from 2025. This confirms that the bearish momentum is not only intact, but also accelerating as selling pressure remains dominant. The key structure visible on the daily - [Post-Fed Thursday: Markets Digest Powell and Earnings](https://axioryintelligence.com/news/daily-market-updates/post-fed-thursday-markets-digest-powell-and-earnings/) - Welcome to Thursday. Let’s look at the aftermath of Wednesday, which was by far the most important trading day not only this week, but arguably this entire month. The reason is simple. Yesterday’s calendar was packed with top-tier events that set the tone for multiple asset classes. We had interest rate decisions from both Canada - [Stock of the Day: JPMorgan](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-jpmorgan/) - And now let’s move to today’s stock of the day and take a look at JPMorgan Chase. While the broader trend on the stock remains bullish, the chart is starting to display early warning signs that a potential reversal may be developing. The key structure to focus on is a triple top formation, marked with - [Compression Builds on NZD/CHF at Critical 0.467 Zone](https://axioryintelligence.com/analysis/daily-technical-analysis/compression-builds-on-nzd-chf-at-critical-0-467-zone/) - In today’s technical analysis, let’s take a look at the New Zealand dollar versus the Swiss franc, which is approaching a major trading signal. Price action has become increasingly compressed, with the range clearly narrowing, and the market is now testing an absolutely key horizontal resistance area around 0.467, marked in yellow. This level is - [All Eyes on the Fed as Metals Rally and Indices Push Higher](https://axioryintelligence.com/news/daily-market-updates/all-eyes-on-the-fed-as-metals-rally-and-indices-push-higher/) - Hello traders, welcome to what is arguably the most important day not only of this week, but potentially of the entire month. Wednesday brings an exceptionally busy calendar, with multiple market-moving events stacked on top of each other, setting the stage for elevated volatility across asset classes. We already started the day with inflation data - [Stock of the Day: Procter & Gamble](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-procter-gamble-7/) - And now let’s move to today’s stock of the day and take a look at Procter & Gamble. On the daily chart, Procter & Gamble has recently developed an interesting reversal structure. Price formed a clear double bottom formation, marked with a green rectangle. This pattern already delivered an initial bullish signal earlier in January, - [Sideways Pause on EUR/AUD as Market Waits for Direction](https://axioryintelligence.com/analysis/daily-technical-analysis/sideways-pause-on-eur-aud-as-market-waits-for-direction/) - In today’s technical analysis, let’s take a look at the euro versus the Australian dollar. From a broader perspective, this pair remains in a mid-term downtrend. However, over the past few days, price action has shifted into a sideways phase, forming a clear consolidation marked with an orange rectangle. Since Thursday, EUR/AUD has been moving - [Safe Havens Dominate as Political Risk Resurfaces](https://axioryintelligence.com/news/daily-market-updates/safe-havens-dominate-as-political-risk-resurfaces/) - We are starting the last full trading week of January, and the Asian session opened in a very interesting and clearly directional way. Several strong moves are already visible across asset classes. Before looking at pure price action, let’s start with the fundamentals, where new political tensions are setting the tone. A fresh dispute has - [EUR/JPY Tests Key Support as Triple Top Takes Shape](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-jpy-tests-key-support-as-triple-top-takes-shape/) - One of the most common mistakes retail traders make is trying to trade against the prevailing trend, and in general, I strongly discourage that approach. Statistically, trend continuation is far more likely than reversal. That said, there are moments when the market starts to build a technically valid reversal structure, and one such situation is - [Stock of the day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-12/) - And now let’s move to today’s stock of the day, which is Pfizer. We are looking at Pfizer on the daily chart, where a long-term technical structure is clearly visible. Since 2024, price has been trading inside a symmetric triangle formation, reflecting a prolonged phase of consolidation. This structure tells us that volatility has been - [Risk-On Returns as Tariff Threats Fade and Markets Rally](https://axioryintelligence.com/news/daily-market-updates/risk-on-returns-as-tariff-threats-fade-and-markets-rally/) - Yesterday brought very strong and decisive market moves, largely driven by political headlines. The key catalyst was comments from Donald Trump, who stated that a framework of a deal has been formed with Greenland, and that tariffs previously scheduled for February 1st will not be imposed. This was clearly interpreted as risk-on information, and the - [DAX Defends Key Support as Bullish Reversal Emerges](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-defends-key-support-as-bullish-reversal-emerges/) - In today’s technical analysis, we need to take a closer look at equity indices, with a particular focus on the DAX. Yesterday’s session brought a proper bullish reversal across indices, and in the case of the DAX, this move did not occur at a random level. The reversal took place at an absolutely key horizontal - [Stock of the Day: Dell](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-dell/) - And now let’s move to today’s stock of the day, which is Dell. Dell has formed a technically dangerous structure on both the daily and weekly charts, and the recent price action confirms that this pattern can no longer be ignored. On the chart, we can clearly identify a head and shoulders formation, with the - [Defensive Tone Holds as Indices Correct and Bitcoin Weakens](https://axioryintelligence.com/news/daily-market-updates/defensive-tone-holds-as-indices-correct-and-bitcoin-weakens/) - On Wednesday, index futures are starting the session flat after a clearly bearish performance yesterday. Today’s price action looks like a modest technical correction following a very negative session. Yesterday, indices attempted an early rebound, but that reversal quickly failed and selling pressure returned, pushing prices lower into the close. This keeps the broader market - [Stock of the Day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-12/) - And now let’s move to today’s stock of the day, which is Costco. Costco has been in a very strong position recently, with the past several days showing particularly solid price action. In fact, the entire year so far has been exceptionally positive for the stock, with buyers maintaining firm control. From a technical perspective, - [EUR/AUD False Breakout Signals Bearish Distribution Phase](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-aud-false-breakout-signals-bearish-distribution-phase/) - In today’s technical analysis, let’s take a look at the euro versus the Australian dollar. Since the beginning of the year, this pair has been trading inside a well-defined rectangle pattern marked with green lines, reflecting a clear sideways trend and a prolonged phase of consolidation. Yesterday, price briefly escaped this range to the upside, - [Risk-Off Start to the Week as Metals Surge and Indices Slide](https://axioryintelligence.com/news/daily-market-updates/risk-off-start-to-the-week-as-metals-surge-and-indices-slide/) - Hello traders, welcome to a new week. Right from the start, it’s clear that this Monday is shaping up to be eventful, with the Asian session opening the week with elevated volatility. The most striking move is in metals, which are climbing sharply and starting the week with a strong upswing. This price action represents - [Stock of the Day: Bank of America](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-bank-of-america-5/) - And now let’s move to today’s stock of the day, which is Bank of America. Bank of America triggered a meaningful sell signal toward the end of last week, and from a technical perspective, the structure remains clearly negative. For the past few months, price had been trending higher within a rising channel formation, marked - [Silver Prints New Highs After Bullish Continuation Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-prints-new-highs-after-bullish-continuation-breakout/) - In today’s technical analysis, let’s focus on silver. Silver has been on the front page for quite some time now, but the new week has brought a fresh technical development worth highlighting. Toward the end of last week, silver entered a flat correction phase, forming a pennant structure marked with red trendlines. A flat correction - [Equity Correction Builds While Oil and Silver React to Headlines](https://axioryintelligence.com/news/daily-market-updates/equity-correction-builds-while-oil-and-silver-react-to-headlines/) - Hello traders, welcome to Thursday. Let’s start with the broader market picture, where we are seeing a more meaningful correction developing across equity indices. Indices moved lower yesterday and, although today’s session is bringing a modest bullish pullback, the overall structure suggests that yesterday may have marked the beginning of a larger bearish correction. This - [Indecision on GBP/CHF as Key Levels Come Into Play](https://axioryintelligence.com/analysis/daily-technical-analysis/indecision-on-gbp-chf-as-key-levels-come-into-play/) - Now let’s move to today’s technical analysis and look at an interesting pair. This is not a first-choice instrument for many traders, as it sits more on the minor side, but it currently offers a very clean and technically attractive setup. I’m referring to the British pound versus the Swiss franc. On the daily chart, - [Stock of the day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-15/) - And now let’s move to today’s stock of the day, which is Qualcomm. Qualcomm started this year on a relatively weak footing, and that negative tone has clearly intensified over the past few sessions, with price accelerating to the downside. From a technical perspective, the situation has deteriorated meaningfully. Price has broken below a key - [Post-CPI Price Action: Dollar Volatile as Metals and Crypto Extend Gains](https://axioryintelligence.com/news/daily-market-updates/post-cpi-price-action-dollar-volatile-as-metals-and-crypto-extend-gains/) - Hello traders, let’s start with fundamentals. Yesterday’s macro calendar was focused on CPI inflation. On a monthly basis, core CPI came in slightly below expectations at 0.2% versus the 0.3% forecast. Headline CPI on both a monthly and yearly basis printed exactly in line with market expectations. The market reaction was mixed and unfolded in - [Bullish Signal on Ethereum After Key Triangle Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/bullish-signal-on-ethereum-after-key-triangle-breakout/) - In today’s technical analysis, let’s take a closer look at Ethereum, which is showing a strong bullish performance today, climbing nearly 4%. This move is not random and does not come out of nowhere. The price action clearly reflects a technical breakout that traders have been watching closely for weeks. Since the beginning of November, - [Stock of the Day: CBOE Global Markets](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-cboe-global-markets-2/) - In today’s stock of the day, let’s take a closer look at CBOE Global Markets, which continues to trade in a very healthy and well-structured uptrend. The chart shows a clear rhythm of directional bullish waves followed by orderly corrective phases, a classic sign of strong demand and disciplined price action rather than speculative spikes. - [New Week Opens with Metal Surge as Dollar Pulls Back](https://axioryintelligence.com/news/daily-market-updates/new-week-opens-with-metal-surge-as-dollar-pulls-back/) - We are starting a new week of trading with a relatively quiet macroeconomic calendar ahead. This week’s main focus will be on US inflation data, with CPI scheduled for Tuesday and producer inflation on Wednesday. Beyond that, there are no major data releases expected on Thursday or Friday, so overall the calendar is not particularly - [Silver Explodes Higher as Symmetric Triangle Breaks to the Upside](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-explodes-higher-as-symmetric-triangle-breaks-to-the-upside/) - The new trading week has started in a very impressive way for silver. During the Asian session, silver surged sharply higher, gaining nearly 5% and clearly extending the strong bullish close we saw on Friday. This positive momentum from the end of the previous week is spilling over into the new one, suggesting that buyers - [Stock of the Day: Ford Motor Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-motor-company-3/) - Ford ended Friday on a clearly positive note, and the technical picture supports further optimism. On the chart, we can see a well-defined ascending triangle pattern, built from a rising red uptrend line and a flat horizontal resistance at the top. This is a classic bullish continuation formation, showing persistent buying pressure as higher lows - [Stock of the Day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-30/) - Apple has been moving decisively lower over the past few sessions, and from a technical perspective this decline is not accidental. On the chart, we can clearly see a head and shoulders formation marked with a green rectangle. This is a classic reversal pattern, and the key moment already happened: the price broke below the - [NASDAQ at Risk: Failed Breakout Signals Potential Sharp Drop](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-at-risk-failed-breakout-signals-potential-sharp-drop/) - NASDAQ is currently in a potentially very dangerous technical position. On the chart, we can clearly identify a symmetric triangle pattern, marked by converging trendlines. This type of formation usually reflects market indecision and compression of volatility, with the expectation that a strong directional move will follow once a breakout occurs. Recently, buyers attempted to - [From Records to Reality: S&P 500 Retreats as Metals and CAD Come Under Pressure](https://axioryintelligence.com/news/daily-market-updates/from-records-to-reality-sp-500-retreats-as-metals-and-cad-come-under-pressure/) - Hello traders, welcome to Thursday. Yesterday was a very busy session, and markets are now digesting a large batch of macro data and political headlines. We started Wednesday with lower-than-expected inflation from Australia, followed by softer inflation from the eurozone. Later, ADP non-farm employment change from the US disappointed, while Canada’s Ivey PMI came in - [Markets Reawaken as Data Floods In: Yen Strength, Oil Weakness, and Equity Pullback](https://axioryintelligence.com/news/daily-market-updates/markets-reawaken-as-data-floods-in-yen-strength-oil-weakness-and-equity-pullback/) - Hello traders, welcome to Wednesday. The market is finally coming back to life after a few quieter weeks, with a busy economic calendar and several themes driving price action across asset classes. We already had inflation data from Australia, which came in lower than expected at 3.4% versus 3.6%, yet the Australian dollar is holding - [Stock of the Day: Lyft](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-lyft/) - Lyft is sitting at a make-or-break technical level, making it a very interesting stock to watch today. The key focus is the horizontal support around $19, marked with green color. This level is important not only because it has already proven its relevance, but also because it changed its role. It acted as a resistance - [Ethereum Compresses in a Triangle as Breakout Approaches](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-compresses-in-a-triangle-as-breakout-approaches/) - Ethereum is starting 2026 on a constructive note, with buyers clearly regaining initiative after the consolidation phase that dominated the end of last year. The first trading days of the new year brought higher prices, confirming that demand is stepping back into the market. Importantly, this upswing is not random – it is happening within - [Oil Drops, Metals Surge: Markets Digest Venezuela News](https://axioryintelligence.com/news/daily-market-updates/oil-drops-metals-surge-markets-digest-venezuela-news/) - The new week begins with clear answers after a tense weekend, and markets are reacting in a way that makes logical sense. Despite uncertainty surrounding the capture of Nicolás Maduro, investors are firmly in risk-on mode. Equity futures are pushing higher, supported not only by geopolitical interpretation but also by seasonality. This is still the - [Oil Prices Under Pressure: Will Support Hold or Collapse?](https://axioryintelligence.com/analysis/daily-technical-analysis/oil-prices-under-pressure-will-support-hold-or-collapse/) - At the start of the new week, the key question for traders was how oil would react to the weekend developments surrounding Venezuela, particularly the capture of President Maduro and his transfer to the United States. From a fundamental perspective, the initial logic was straightforward: if Venezuelan oil becomes more accessible to global markets, supply - [Stock of the Day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-18/) - Netflix has been in a clear and very technical downtrend since June, and the structure of this move is textbook. The price is effectively walking down the stairs, respecting horizontal levels with high precision. Each blue horizontal support was first broken, and then retested as resistance, with sellers stepping in consistently at those former supports. - [Last Trading Day of 2025: Metals Volatile as Markets Slow Down](https://axioryintelligence.com/news/daily-market-updates/last-trading-day-of-2025-metals-volatile-as-markets-slow-down/) - We are starting the final trading day of 2025, at least for part of the global market, as several exchanges are already closed. Trading activity remains visible in Japan, parts of Europe, Australia, and New Zealand, while the US markets are still operating, with unemployment claims expected later today at 219,000. Yesterday’s FOMC meeting minutes - [GBP/USD Year-End Showdown: Bulls Fight to Defend Critical Support](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-usd-year-end-showdown-bulls-fight-to-defend-critical-support/) - In today’s technical analysis, the last technical analysis of 2025, let’s take a close look at Cable (GBP/USD), where a decisive technical battle is unfolding right at the end of the year. The pair is currently sitting on an absolutely key support zone around 1.344, marked with orange color on the chart. This level is - [Stock of the Day: Exxon Mobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxon-mobil-5/) - Exxon Mobil continues to show impressive technical strength, despite a relatively mixed and volatile environment in the oil market itself. Since April, the stock has been in a healthy and well-structured uptrend, consistently producing higher highs and higher lows. This alone already puts ExxonMobil among the stronger names in the energy sector, as the stock - [Santa Claus Rally Under the Microscope as Silver and Gold Shake](https://axioryintelligence.com/news/daily-market-updates/santa-claus-rally-under-the-microscope-as-silver-and-gold-shake/) - Hello traders, welcome on Monday, a session many associate with the start of the Santa Claus Rally. Traditionally, this phenomenon refers to the last five trading days of the year and the first two of the new year, when equities often push higher. The question, as always, is whether this seasonal pattern will play out - [Stock of the Day: Alibaba Group](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-alibaba-group/) - Alibaba has been undergoing a bearish correction since October, but the structure of this move is important. The decline is not impulsive; instead, it is shaped like a falling wedge, marked with blue trendlines. A falling wedge is a classical correction pattern, especially when it appears after a broader upswing, and it often hints at - [Bitcoin: Symmetric Triangle Breakout Signals a Move Higher](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-symmetric-triangle-breakout-signals-a-move-higher/) - In today’s analysis, let’s take a closer look at Bitcoin, which for the past few weeks has been moving sideways. While this range-bound price action may have looked boring on the surface, the declining volatility was an important clue that the market was preparing for a stronger directional move. As volatility contracts, pressure builds—and that - [Christmas Eve Markets: Thin Liquidity, Clear Trends](https://axioryintelligence.com/news/daily-market-updates/christmas-eve-markets-thin-liquidity-clear-trends/) - Traders are still active on Christmas Eve, and although liquidity is thinner and volatility is lower, markets are far from frozen. The most notable theme right now is weakness of the American dollar, which is clearly struggling. The dollar is the weakest currency this week, together with the Japanese yen, and this is not just - [Stock of the Day: Mondelez International](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mondelez-international/) - In today’s stock of the day, let’s take a look at Mondelez, which remains firmly locked in a well-defined downtrend. The structure is very technical and clean, with the price consistently making lower highs and lower lows, leaving little doubt about who controls the market at the moment. Sellers remain dominant, and there are no - [USD/CHF at the Edge: Long-Term Range Faces Breakdown Risk](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-at-the-edge-long-term-range-faces-breakdown-risk/) - In today’s technical analysis, let’s take a long-term look at American dollar to Swiss franc on the daily chart, where a very important situation is unfolding. Since June, this pair has been trading inside a wide rectangle pattern, moving sideways without a clear long-term trend. At the beginning of November, price tested the upper boundary - [Quiet Calendar, Loud Charts: Gold and Silver Shine Into Christmas](https://axioryintelligence.com/news/daily-market-updates/quiet-calendar-loud-charts-gold-and-silver-shine-into-christmas/) - Hello traders, welcome to Christmas week. You may think that not much is happening on the market, and to some extent that is true. Volatility is lower than usual, liquidity is thinner, and many traders are closing positions rather than opening new ones. Still, despite the holiday environment, there are some very clear and interesting - [New All-Time Highs on Gold as Bullish Momentum Accelerates](https://axioryintelligence.com/analysis/daily-technical-analysis/new-all-time-highs-on-gold-as-bullish-momentum-accelerates/) - In today’s technical analysis, let’s take a look at gold, which delivered a major bullish signal during the Asian session by printing new all-time highs. Price successfully broke above the October highs and entered price discovery mode, confirming that buyers remain firmly in control. The move above the psychological barrier of $4,400 per ounce is - [Stock of the Day: American Express](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-american-express-5/) - In today’s stock of the day, let’s take a look at American Express, which has been in a bearish correction since the 12th of December. Importantly, this move lower should not be confused with a trend reversal. The broader structure remains bullish, and the recent decline is shaped like a classic flag pattern, marked with - [Busy Thursday Ahead as Central Banks and US Inflation Take Center Stage](https://axioryintelligence.com/news/daily-market-updates/busy-thursday-ahead-as-central-banks-and-us-inflation-take-center-stage/) - Welcome Thursday. Today brings a very busy macro calendar, with several events that can shape the direction of major currencies. We are waiting for the interest rate decision from the UK, where a 25 basis point cut is expected, and for the Eurozone rate decision, where no change is anticipated and rates should remain at - [Stock of the Day: DocuSign](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-docusign-3/) - In today’s stock of the day, let’s take a closer look at DocuSign, which is showing early signs that a bearish phase may be coming to an end. For several weeks, the price had been moving lower inside a falling wedge pattern, marked with blue lines. This formation usually represents a corrective move rather than - [GBPJPY Turns Bullish as Inverse Head and Shoulders Activates](https://axioryintelligence.com/analysis/daily-technical-analysis/gbpjpy-turns-bullish-as-inverse-head-and-shoulders-activates/) - In today’s technical analysis, let’s take a closer look at British Pound to Japanese Yen, where the technical picture has turned clearly more constructive. The week started with strength in the Japanese yen, but that momentum has now faded. As we move into Thursday, the yen is giving back its gains, and this shift is - [Metals Shine While Oil Attempts a Fragile Rebound](https://axioryintelligence.com/news/daily-market-updates/metals-shine-while-oil-attempts-a-fragile-rebound/) - Hello traders, welcome to Wednesday, following a very heavy and volatile Tuesday. Yesterday was dominated by macro data, starting with PMI releases. PMIs were largely mixed: US figures came in slightly below expectations, the UK surprised positively, Germany disappointed, and France delivered mixed readings. However, PMIs were not the main driver. The key event was - [EURJPY Recovers as False Breakdown Signals Potential Upside](https://axioryintelligence.com/analysis/daily-technical-analysis/eurjpy-recovers-as-false-breakdown-signals-potential-upside/) - In today’s technical analysis, let’s take a closer look at EURJPY, where the market is attempting to recover after several days of downside pressure. The new week started with a strong Japanese yen, which pushed EURJPY lower on Monday, and that pressure continued into Tuesday, especially during the second half of the session. However, Wednesday’s - [Stock of the day: Mastercard](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mastercard-7/) - In today’s stock of the day, let’s take a closer look at Mastercard, which delivered a proper long-term buy signal at the end of the previous week. This signal is technically well-grounded and comes from a combination of two reliable bullish formations aligning at the same time, which significantly increases its credibility. First of all, - [Monday Market Open: Yen Strength, Metal Rally, and Equity Rebound](https://axioryintelligence.com/news/daily-market-updates/monday-market-open-yen-strength-metal-rally-and-equity-rebound/) - Hello traders, welcome to Monday and a brand-new trading week. Let’s take a look at how markets are opening and what is driving sentiment at the start of the European session. The macro calendar is relatively busy for a Monday, which is somewhat unusual. The key data point today is Canadian CPI, expected at 0.1%, - [Stock of the Day: UPS](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ups-3/) - In today’s stock of the day, let’s take a look at UPS, which for a long time has been trapped in a strong and well-defined downtrend. That long-term weakness cannot be ignored, but recent price action finally shows early signs that selling pressure may be fading and a meaningful reversal could be developing. The key - [Corn Breaks Diamond to the Downside – Sell Signal Confirmed](https://axioryintelligence.com/analysis/daily-technical-analysis/corn-breaks-diamond-to-the-downside-sell-signal-confirmed/) - In today’s technical analysis, let’s return to corn, which we previously analysed on the 10th of December. At that time, we identified a diamond formation—a pattern that is not very common, but historically very reliable when it appears. We highlighted that price was approaching the end of the structure, meaning a breakout was imminent and - [Markets Reset After Fed: AUD Drops, Yen Strengthens](https://axioryintelligence.com/news/daily-market-updates/markets-reset-after-fed-aud-drops-yen-strengthens/) - Hello traders, welcome on a Thursday. Thursday is the first trading day after a very busy Wednesday, so naturally we start by reviewing what happened yesterday. We had two major interest-rate decisions. First came the Bank of Canada, where rates were left unchanged at 2.25%. Later, the Federal Reserve announced a 25-basis-point cut, fully in - [Stock of the day: Blackrock](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-blackrock-2/) - In today’s stock of the day, let’s take a closer look at BlackRock, which is developing a very familiar and potentially powerful reversal structure. The price action is shaping an inverse head and shoulders pattern, highlighted with a red rectangle. This pattern appears after a prolonged bearish correction and serves as a signal that buyers - [Gold Awaits Breakout as Compression Tightens](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-awaits-breakout-as-compression-tightens/) - In today’s technical analysis, let’s take a closer look at Gold, which has been trapped in a sideways movement for several days. This consolidation is marked by blue lines on the chart and can be interpreted either as a pennant or a rectangle, depending on how precisely we define the upper and lower boundaries. Regardless - [Markets Brace for Fed and BoC: Yen Weakens, Commodities Diverge](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-fed-and-boc-yen-weakens-commodities-diverge/) - Hello traders, welcome to Wednesday. We’re entering a busy mid-week session with a calendar that can easily reshape market sentiment. The spotlight is on North America, where we are awaiting two major monetary policy decisions. First comes the interest rate decision from Canada, where no change is expected. Later, all eyes will turn to the - [Stock of the day: Workday](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-workday/) - In today’s stock of the day, let’s look at Workday, where the weekly chart shows a long-term consolidation phase that has been in place since late 2023. This prolonged sideways trend isn’t the most attractive environment for trend traders, as momentum remains muted and directional conviction is lacking. However, the structure of this consolidation is - [Corn Approaches Breakout as Rare Diamond Pattern Forms](https://axioryintelligence.com/analysis/daily-technical-analysis/corn-approaches-breakout-as-rare-diamond-pattern-forms/) - Today’s technical analysis brings us to a less-followed commodity — corn — which has been moving sideways since the end of October. Although at first glance this consolidation may appear uneventful, the structure behind it is anything but meaningless. The price action has formed a diamond formation, a rare but highly respected technical pattern due - [False Breakout Fears Hit Oil While Indices Push Higher](https://axioryintelligence.com/news/daily-market-updates/false-breakout-fears-hit-oil-while-indices-push-higher/) - Hello traders, welcome to Monday. Monday brings quite significant movements across many assets, even though from the fundamental side there are no big hitters. We only received a comment from ECB’s Schnabel, who suggested that the ECB is comfortable with the idea that the next move may be a rate hike. Apart from that, today’s - [Brent Oil Falls Back Into the Channel: Bullish Breakout Invalidated](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-falls-back-into-the-channel-bullish-breakout-invalidated/) - In today's technical analysis, let's see Brent Oil, which is coming back under pressure after failing to sustain last week’s bullish breakout. As you can see, the price escaped to the upside from the channel-down pattern, ending the previous week on a positive note and, in theory, generating a buy signal after a long sideways - [Stock of the day: Mastercard](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mastercard-6/) - In today's stock of the day, let’s see the situation on Mastercard. Mastercard is still moving lower inside of a channel-down formation, maintaining the sequence of lower lows and lower highs. In November, sellers attempted to accelerate the decline by pushing the price below the key horizontal support at $529, marked with the orange line. - [Nikkei Leads Global Sentiment While FX Stays Muted](https://axioryintelligence.com/news/daily-market-updates/nikkei-leads-global-sentiment-while-fx-stays-muted/) - Thursday brings us a rather empty macro calendar. The only data scheduled comes from the US—challenger job cuts and unemployment claims, as always—and later we will get Ivey PMIs from Canada, expected at 53.6. So from the calendar side, volatility should be moderate. From the fundamental perspective, the most interesting development came overnight from Reuters, - [Stock of the Day: 3M](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-3m-9/) - 3M has been moving with textbook technical precision over the past weeks, repeatedly respecting triangle formations. The first key structure was a symmetric triangle, marked with blue lines, which the price eventually broke to the upside at the end of October. That breakout initiated a new bullish phase and set the foundation for the next - [USD/CHF Correction Tightens: Bulls Await Confirmation](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-correction-tightens-bulls-await-confirmation/) - On the H4 chart, the American dollar to Swiss franc has been moving inside a clear two-week bearish correction, following a strong bullish impulse earlier in the month. This pullback is shaped as a falling wedge, outlined with black lines. Such a structure is classic in technical analysis: despite drifting lower, it often forms as - [USD/CHF Correction Tightens: Bulls Await Confirmation](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-correction-tightens-bulls-await-confirmation/) - On the H4 chart, the American dollar to Swiss franc has been moving inside a clear two-week bearish correction, following a strong bullish impulse earlier in the month. This pullback is shaped as a falling wedge, outlined with black lines. Such a structure is classic in technical analysis: despite drifting lower, it often forms as - [Dollar, Yen and Loonie Under Pressure as Futures Push Higher](https://axioryintelligence.com/news/daily-market-updates/dollar-yen-and-loonie-under-pressure-as-futures-push-higher/) - Wednesday opens with a few interesting surprises from the macro calendar. Australia published its GDP numbers, which came in much worse than expected at 0.4% instead of 0.7%. Under normal market conditions this would hurt the Australian dollar, but that’s not the case today — AUD is actually gaining, showing that traders simply shrugged off - [Nikkei Approaches a Major Buy Signal](https://axioryintelligence.com/analysis/daily-technical-analysis/nikkei-approaches-a-major-buy-signal/) - In today’s technical analysis, we take a close look at the Japanese Nikkei, which is now one step away from activating a major long-term buy signal. The broader picture remains bullish: the index has been in a steady long-term uptrend, and the recent weakness seen since the beginning of November fits the definition of a - [Stock of the day: Delta Airlines](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-delta-airlines/) - In today’s stock of the day, we focus on Delta Airlines, which continues to display a very healthy and technically clean uptrend that started back in April. Throughout this trend, the price has produced several bearish corrections, each forming a classic continuation structure—typically flags or small consolidations. Importantly, every one of those corrections ended with - [Red Start for Bitcoin, Green Start for Silver – Monday Market Mix](https://axioryintelligence.com/news/daily-market-updates/red-start-for-bitcoin-green-start-for-silver-monday-market-mix/) - New week, new month, and the market decided to wake everyone up fast. The main story at the open is cryptocurrencies, where the mood turned sharply risk-off. Bitcoin is dropping close to 6%, while Ethereum is down over 6%, after fresh headlines from China that authorities will intensify their fight against virtual currencies, including stablecoins. - [USD/CAD Loses Momentum as Head-and-Shoulders Takes Over](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-loses-momentum-as-head-and-shoulders-takes-over/) - In today’s technical analysis, let’s take a closer look at the American dollar to Canadian dollar, where the chart is drawing a very familiar and extremely important pattern — a head-and-shoulders formation, marked with a red rectangle. This head-and-shoulders appears right at the top of the bullish correction that started back in June. That entire - [Stock of the Day: Moody’s Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-moodys-corporation/) - In today’s stock of the day, let’s take a look at Moody’s Corporation, which is currently locked inside a rectangle pattern that has been shaping the chart since September. What makes this setup especially interesting is that Moody’s has a strong history of forming and respecting rectangle patterns. Since April, we’ve already seen three clear - [Thanksgiving Calm: Dollar Rebounds as Markets Shift to Technical Mode](https://axioryintelligence.com/news/daily-market-updates/thanksgiving-calm-dollar-rebounds-as-markets-shift-to-technical-mode/) - Hello traders, welcome to Thursday. Today brings us an unusually empty calendar, which is quite remarkable because Thursdays are typically packed with data. The reason is simple: Thanksgiving in the US, which means no major releases and reduced participation from American traders. With that in mind, the bulk of this week’s meaningful moves is most - [Gold Coils Inside a Textbook Triangle: Breakout Imminent](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-coils-inside-a-textbook-triangle-breakout-imminent/) - In today’s technical analysis, let’s take a closer look at gold, which has been moving sideways for the past few weeks. Recently, the discussion was focused on defending the key dynamic support, and now the price is approaching the key dynamic resistance — and this one is extremely important. The current structure formed on the - [Stock of the Day: Hilton](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-hilton-7/) - In today’s stock of the day, let’s take a look at Hilton, which has just completed an impressive four-day bullish streak. The technical reason behind this rally becomes very clear when we examine the broader structure on the chart. Hilton had been trading inside a sideways trend, a rectangle marked with green lines. The lower - [Antipodean Surge as Yen Slides: Wednesday Market Pulse](https://axioryintelligence.com/news/daily-market-updates/antipodean-surge-as-yen-slides-wednesday-market-pulse/) - Hello, traders. Welcome on Wednesday. Today we’re working with a fairly packed calendar, although most of the key data has already been released. Early in the session, we received inflation numbers from Australia, which came in higher than expected at 3.8% vs 3.6%, supporting the Australian dollar. We also had the interest rate decision from - [Stock of the Day: DocuSign](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-docusign-2/) - In today’s stock of the day, let’s take a closer look at DocuSign, which is forming a very promising bullish reversal. The key element on this chart is the blue horizontal support — the most important level for the stock throughout 2025. This support was established in April, defended again in August, and then once - [DAX Confirms Bullish Reversal With Inverse Head & Shoulders](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-confirms-bullish-reversal-with-inverse-head-shoulders/) - In today's technical analysis, let's examine the DAX, which delivered a significant reversal this week after a very difficult previous two weeks. The key element on the chart is the green horizontal support — a level that has been holding the index since the end of June. Recently, this support was broken, but only for - [Dollar Pushes Higher While Commodities Drift Sideways](https://axioryintelligence.com/news/daily-market-updates/dollar-pushes-higher-while-commodities-drift-sideways/) - Hello traders, welcome Monday — new week, new trading opportunities. Let’s take a look at the market situation right now. The calendar is empty today. We just had the German IFO Business Climate, expected at 88.6, and a scheduled speech from ECB President Christine Lagarde. That’s pretty much everything in terms of macro drivers. Japan - [Triangle Breakdown Tested: Key Moment for AUD/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/triangle-breakdown-tested-key-moment-for-aud-usd/) - In today’s technical analysis, let’s see Australian dollar to American dollar, where a crucial thing is unfolding right now. As you can see, the price was moving inside a symmetric triangle pattern marked with black lines. At the end of the previous week, we had an escape to the downside from this formation, which in - [Stock of the Day: Amazon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amazon-16/) - In today’s stock of the day, we focus on Amazon, which has had a difficult three-week stretch on the chart. The last three weekly candles were clearly bearish, showing steady, consistent pressure from sellers. This decline was preceded by an important technical failure: a false breakout above the orange horizontal resistance level. That move, marked - [Markets Lift on NVIDIA Optimism as NFP Takes Center Stage](https://axioryintelligence.com/news/daily-market-updates/markets-lift-on-nvidia-optimism-as-nfp-takes-center-stage/) - Hello traders, welcome to Thursday. Today the market is digesting the highly anticipated earnings report from NVIDIA, released yesterday after the market close. The company delivered results above expectations, and futures reacted instantly — pushing higher in the overnight session. NVIDIA’s own share price is set for a bullish gap, as pre-market trading indicates gains - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-18/) - In today’s stock of the day, we naturally turn to NVIDIA, which delivered its highly anticipated earnings yesterday after the market closed. Results came in better than expected on both EPS and revenue, and traders welcomed the numbers enthusiastically. In pre-market trading, the stock is hovering just under the $200 mark, translating into a gain - [Brent Oil Correction Matures: Key Wedge Breakout on the Horizon](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-correction-matures-key-wedge-breakout-on-the-horizon/) - In today’s technical analysis, let’s take a closer look at Brent oil, which is attempting a modest climb on Thursday. Despite today’s upswing, the broader picture remains dominated by weakness. After a very strong finish to October, Brent entered a persistent bearish correction, and this decline has been in place ever since the final days - [NVIDIA Wednesday: The Report That Could Move the World](https://axioryintelligence.com/news/daily-market-updates/nvidia-wednesday-the-report-that-could-move-the-world/) - Hello traders, welcome to NVIDIA Wednesday—a day that could set the tone for the rest of the month. Today after the market close, NVIDIA will publish its highly anticipated earnings. Expectations are high: EPS at 1.25 and revenue at 54.8 billion. Whether NVIDIA beats or disappoints will likely dictate the next directional push on indices, - [Gold Under Pressure as Key Support Comes Into Focus](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-under-pressure-as-key-support-comes-into-focus/) - In today’s technical outlook, gold remains under notable bearish pressure after last week’s sharp mid-week reversal. The strong rebound seen in the first half of the previous week has fully faded, and buyers currently look overwhelmed. The most concerning factor for the bullish camp is the inability to hold above the orange horizontal support — - [Stock of the Day: Goldman Sachs](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-goldman-sachs-13/) - In today's stock of the day, let’s take a closer look at Goldman Sachs, which recently made new long-term highs but failed to hold onto them. The move above the green horizontal resistance—the highs from September—turned out to be short-lived. The rejection from those elevated levels created a false breakout, marked with the orange rectangle. - [Markets Extend Friday’s Rebound as New Week Begins](https://axioryintelligence.com/news/stock-of-the-day/markets-extend-fridays-rebound-as-new-week-begins/) - Hello traders, Monday opens on a positive note with American futures climbing higher, extending the spectacular reversal that took place on Friday. The bullish momentum continues on the U.S. side, while European indices are more hesitant, attempting an upswing but not matching the strength seen across the Atlantic. Still, sentiment remains constructive as we start - [EUR/CHF: Key Weekly Support Under Fire](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-chf-key-weekly-support-under-fire/) - In today's technical analysis, we take a closer look at Euro to Swiss Franc, where a critical test is unfolding on the weekly chart. The pair is sitting right on the absolutely key horizontal support at 0.92 — a level that has repeatedly acted as support throughout 2024 and 2025. This zone is a long-term - [Stock of the day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-11/) - In today’s stock of the day, let’s take a closer look at Costco, where the H4 chart is showing a very clean and very important technical setup. For several weeks, the price has been moving sideways, creating a tightening structure that clearly reflects indecision among buyers and sellers. This consolidation phase forms a symmetric triangle, - [Dollar Slips, Metals Surge: Thursday Opens Without U.S. Inflation Data](https://axioryintelligence.com/news/daily-market-updates/dollar-slips-metals-surge-thursday-opens-without-u-s-inflation-data/) - Today was supposed to bring us key inflation data from the US, but the White House announced that October jobs and inflation figures may never be released due to the ongoing shutdown. As a result, those numbers were removed from the calendar. The macro calendar for Thursday is therefore very light, with only two relevant - [Stock of the Day: Moderna](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-moderna-9/) - Moderna remains under heavy pressure and has been struggling for many months, but one key element still keeps the bullish side alive: the orange horizontal support. Price continues to hover above this level, and as long as it holds, buyers can at least maintain a degree of hope. The challenge, however, is the descending triangle - [Commodity Currencies: Fresh Buy Signal on AUD/CAD](https://axioryintelligence.com/analysis/daily-technical-analysis/commodity-currencies-fresh-buy-signal-on-aud-cad/) - In today’s technical analysis, a clean buy signal has emerged on AUD/CAD, supported by both technical structure and strong fundamentals from Australia. Overnight, Australia delivered excellent labour market data — lower unemployment and higher employment change — which boosted demand for the Australian dollar and provided the catalyst for the breakout. On the H1 chart, - [Wednesday Optimism: Dollar Gains, Cryptos Rebound, and Indices Climb](https://axioryintelligence.com/news/daily-market-updates/wednesday-optimism-dollar-gains-cryptos-rebound-and-indices-climb/) - Hello traders, and welcome to Wednesday’s market update, where optimism is clearly returning across global markets. The approaching end of the U.S. government shutdown is lifting investor sentiment, fueling a risk-on environment that’s visible across indices, currencies, and even cryptocurrencies. Starting with the earnings calendar, the season is slowly winding down. Today’s highlight will be - [Gold: Pennant Pattern Signals the Next Move](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-pennant-pattern-signals-the-next-move/) - In today’s technical analysis, let’s focus on gold, which continues to show impressive volatility and remains one of the most closely watched instruments on the market. After a sharp decline in October, gold reversed the trend at the turn of the month, forming a pennant pattern — or, more broadly, a symmetric triangle — near - [Stock of the Day: eBay](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ebay-11/) - In today’s stock of the day, let’s analyze eBay, which recently completed a major bearish technical formation. Since the middle of the year, eBay’s chart has been shaping a double top pattern, marked with orange color, signaling potential exhaustion of the previous uptrend. The first top was formed in August, followed by a second top - [Monday Market Boost: Metals Surge, Yen Weakens, and Risk Appetite Returns](https://axioryintelligence.com/news/daily-market-updates/monday-market-boost-metals-surge-yen-weakens-and-risk-appetite-returns/) - Hello traders, and welcome to Monday — a new week full of new trading opportunities. Markets opened this week with strong movements across multiple asset classes, setting the tone for what could be an interesting few sessions ahead. Let’s start with precious metals, which are clearly leading the action this morning. Gold is climbing higher, - [Bitcoin: Key Test at Major Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-key-test-at-major-resistance/) - In today’s technical analysis, let’s focus on Bitcoin, which is trying to regain strength after recent weakness. The cryptocurrency is currently approaching a crucial horizontal resistance — an area around 106,700, marked with a purple horizontal line on the chart. This level served as a key support throughout October, but after a breakout to the - [Stock of the Day: Visa](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-visa-12/) - In today’s stock of the day, let’s focus on Visa, which has been trading inside a broad sideways trend since the middle of June. The structure can be interpreted as either a rectangle pattern or a descending triangle, depending on how the upper boundary is drawn. Regardless of interpretation, the key technical element here is - [Thursday Opens with Metals Rising and Global Indices Cooling After Rebound](https://axioryintelligence.com/news/daily-market-updates/thursday-opens-with-metals-rising-and-global-indices-cooling-after-rebound/) - Hello traders, welcome to Thursday’s market analysis, a day shaped by a busy macro calendar and a few key earnings updates. Let’s begin with the earnings side. Yesterday’s session featured results from Toyota, McDonald’s, and Novo Nordisk — all released before the market opened. Novo Nordisk delivered better-than-expected earnings, McDonald’s disappointed slightly, and Toyota came - [Silver: Inverse Head and Shoulders Signals a Potential Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-inverse-head-and-shoulders-signals-a-potential-reversal/) - In today’s technical analysis, let’s take a closer look at silver, which is showing signs of a possible bullish reversal after a period of sustained weakness. The current upswing is shaping an inverse head and shoulders formation, marked with yellow color, which is a classical reversal pattern. With today’s movement, the right shoulder of this - [Stock of the Day:The Walt Disney Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-daythe-walt-disney-company/) - In today’s stock of the day, let’s focus on The Walt Disney Company, which appears to be preparing to end its bearish correction that has lasted since the beginning of July. The correction phase is shaped like a falling wedge, a bullish pattern marked with black lines, suggesting that the recent weakness might soon give - [Wednesday Calm on Calendar, Chaos in Crypto Markets](https://axioryintelligence.com/news/daily-market-updates/wednesday-calm-on-calendar-chaos-in-crypto-markets/) - Hello traders, welcome to Wednesday, a day with a lighter macro calendar, but plenty of market action nonetheless. The economic schedule includes ADP Non-Farm Employment Change from the U.S., expected at 32,000, and ISM Services PMI, forecast at 50.7. Earlier this week, we had an interest rate decision from Australia, where the RBA kept rates - [Stock of the Day: Shopify](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-shopify-2/) - In today’s Stock of the Day, let’s take a closer look at Shopify, which published its earnings report on Tuesday before the market opened. Fundamentally, the numbers looked solid — EPS came in higher than expected, and revenue also exceeded estimates, showing that the company continues to perform well in a challenging environment. However, despite - [Ethereum’s Downtrend Accelerates After Breaking Key Supports](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereums-downtrend-accelerates-after-breaking-key-supports/) - In today’s technical analysis, let’s focus on Ethereum (ETH), which has been under heavy selling pressure recently. The decline has been unfolding since mid-August, but the bearish acceleration came just recently after a decisive breakout below the blue horizontal support around $3,700. That move triggered a wave of selling, sending Ethereum below the psychological $3,000 - [Markets Open November Cautiously — ISM, Swiss Inflation, and Palantir in Focus](https://axioryintelligence.com/news/daily-market-updates/markets-open-november-cautiously-ism-swiss-inflation-and-palantir-in-focus/) - Hello traders, and welcome to a new trading week and a new month — the first session of November! The week opens with a busy Monday calendar, offering traders plenty to digest right from the start. We already had inflation data from Switzerland, expected at –0.1%, which is an important indicator ahead of the next - [Stock of the Day: TSMC](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tsmc/) - In today’s stock of the day, let’s take a closer look at Taiwan Semiconductor Manufacturing Company (TSMC), one of the most important players in the global tech and semiconductor industry. The chart of TSMC currently shows a very familiar and trustworthy technical pattern — an ascending triangle, a structure that is both technically reliable and - [Silver’s Bullish Setup Forms — Awaiting Neckline Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/silvers-bullish-setup-forms-awaiting-neckline-breakout/) - In today’s technical analysis, let’s take a closer look at Silver, which seems to be forming a major reversal setup after several weeks of bearish correction. The metal ended last week with a strong rebound, and on the H4 chart, the structure looks very promising for buyers. What we can clearly identify is an inverse - [Friday Calm After the Storm: Markets Steady as Earnings Wrap Up](https://axioryintelligence.com/news/daily-market-updates/friday-calm-after-the-storm-markets-steady-as-earnings-wrap-up/) - Hello traders, and welcome to Friday, the final trading day of the week — one that brings a light macro calendar but plenty of market-moving stories from both earnings reports and economic data. After a busy few sessions filled with central bank meetings and tech earnings, today’s session opens with a calmer tone, though there’s - [Stock of the Day: Bank of New York Mellon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-bank-of-new-york-mellon/) - In today’s stock of the day, let’s focus on Bank of New York Mellon (BK), where we can see a very classical technical setup forming — a symmetric triangle pattern, clearly marked with blue lines on the chart. This formation has been developing since the end of September, as the stock’s trading range continues to - [GBP/USD at Make-or-Break Level: 1.314 Support Under Siege](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-usd-at-make-or-break-level-1-314-support-under-siege/) - In today’s technical analysis, we need to highlight one of the most important currency pairs in the world — the British Pound to American Dollar (GBP/USD) — and one of its most crucial price levels of 2025. The pair is currently hovering around 1.314, a level that has proven to be pivotal multiple times this - [Mega Thursday: Fed Fallout, Big Tech Earnings, and Trade Optimism Fuel Markets](https://axioryintelligence.com/news/daily-market-updates/mega-thursday-fed-fallout-big-tech-earnings-and-trade-optimism-fuel-markets/) - Hello traders, and welcome on Thursday, following one of the busiest trading days of the quarter. Wednesday was packed with crucial macroeconomic events, central bank decisions, and major corporate earnings — a day that truly tested traders’ ability to keep up with the headlines. Let’s take a closer look at what happened and what’s next. - [Dollar Index: Bullish Breakout After Fed’s Measured Cut](https://axioryintelligence.com/analysis/daily-technical-analysis/dollar-index-bullish-breakout-after-feds-measured-cut/) - In today’s technical analysis, let’s take a look at the Dollar Index (DXY), which reacted positively to yesterday’s Federal Reserve interest rate decision. As expected, the Fed delivered a 25-basis-point cut, but the real story came from Jerome Powell’s comments and the accompanying statement. The tone of the message was cautious, with Powell signaling that - [Stock of the Day: Meta Platforms](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-meta-platforms-6/) - In today’s stock of the day, let’s focus on Meta Platforms (META), which published its earnings report yesterday after the market close. The results were mixed, but the key takeaway was disappointment on the earnings per share (EPS) front, which came in significantly lower than expected, while revenue only slightly beat estimates. The market reaction - [All Eyes on the Fed: Dollar Steady, Aussie Rallies on Hot Inflation](https://axioryintelligence.com/news/daily-market-updates/all-eyes-on-the-fed-dollar-steady-aussie-rallies-on-hot-inflation/) - Hello traders, and welcome to Wednesday, one of the most important trading days of the week — and perhaps of the month — with a heavy calendar and market-moving events packed into the day. The action already started during the Asian session with inflation data from Australia, which came in higher than expected, providing a - [Dollar Index Awaits Breakout Ahead of Fed Decision](https://axioryintelligence.com/analysis/daily-technical-analysis/dollar-index-awaits-breakout-ahead-of-fed-decision/) - In today’s technical analysis, let’s take a closer look at the Dollar Index (DXY), which finds itself at a crucial crossroads just hours before one of the most important macro events of the month — the U.S. Federal Reserve’s interest rate decision. Markets are widely expecting a rate cut, but the size of the cut - [Stock of the Day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-11/) - In today’s stock of the day, let’s focus on Pfizer (PFE) — a company that, after showing early signs of recovery at the end of September and beginning of October, is now sliding back into its long-term downtrend. The optimism that briefly lifted the stock at the start of the month has faded, and technicals - [Yen Surges on Intervention Fears as Gold Crashes Below $4,000](https://axioryintelligence.com/news/daily-market-updates/yen-surges-on-intervention-fears-as-gold-crashes-below-4000/) - Hello traders, and welcome to Tuesday’s market commentary, where the focus shifts to the Japanese yen, which stole the spotlight overnight with a sharp rally driven by intervention fears and growing monetary policy divergence between the Bank of Japan and the Federal Reserve. During the Asian session, the yen strengthened significantly, as traders reacted to - [USD/CAD Tests Crucial Support Zone — Buyers Still in Control](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-tests-crucial-support-zone-buyers-still-in-control/) - In today’s technical analysis, let’s take a closer look at the American dollar to Canadian dollar (USD/CAD), which is currently testing a crucial horizontal support zone — a level that has repeatedly proven its importance over recent weeks. This area, sitting just above 1.3980 and marked with orange color on the chart, represents the lows - [Stock of the Day: Bank of America](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-bank-of-america-4/) - In today’s stock of the day, let’s take a closer look at Bank of America (BAC), which continues to show a steady, technically clean uptrend. The stock has been moving higher since the V-shaped reversal in April, and what’s particularly impressive here is how precisely the price action respects horizontal levels. This steady rhythm of - [Risk-On Monday: Indices Surge on Trade Optimism](https://axioryintelligence.com/news/daily-market-updates/risk-on-monday-indices-surge-on-trade-optimism/) - Hello traders, and welcome to Monday’s market commentary, where optimism is the dominant theme across the financial landscape. The session starts with positive headlines from the geopolitical front, as top Chinese and US economic officials reportedly hashed out a preliminary framework for a trade deal ahead of the upcoming meeting between Donald Trump and Xi - [NZD/USD: Wedge Formation Signals Next Big Move](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-usd-wedge-formation-signals-next-big-move/) - In today’s technical analysis, let’s take a closer look at the New Zealand dollar to American dollar (NZD/USD), which remains in a clear downtrend that started in mid-September. The structure of the chart is very typical for a trending market: strong bearish waves followed by short-lived bullish corrections. The most recent correction is taking the - [Stock of the Day: Hilton](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-hilton-6/) - In today’s analysis, let’s focus on Hilton, which has been moving sideways since the end of June, creating a clear rectangle pattern marked with red lines. This kind of price behavior usually indicates a period of consolidation, where neither buyers nor sellers have enough strength to push the price decisively in one direction. For several - [Friday Brings Key PMIs and US Inflation: Dollar Strong, Yen Weak](https://axioryintelligence.com/news/daily-market-updates/friday-brings-key-pmis-and-us-inflation-dollar-strong-yen-weak/) - Hello traders, and welcome to Friday, a day that finally brings us a busy macroeconomic calendar after several quiet sessions. We started the day with retail sales from the UK, which came in better than expected, initially giving a boost to the British pound. However, those gains proved short-lived, as the pound quickly gave them - [EUR/GBP: Breakout from the Triangle, But Can It Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-breakout-from-the-triangle-but-can-it-hold/) - In today’s technical analysis, let’s revisit the EUR/GBP, which we analyzed not long ago. Back then, the pair was trading inside a symmetric triangle pattern, marked on the chart with blue lines. This formation reflected a period of tightening volatility and indecision — a coiling market getting ready for a decisive breakout. Now, that breakout - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-41/) - In today’s stock of the day, let’s take a look at Tesla, which delivered a dramatic technical performance following its earnings release on Wednesday. The company’s results were mixed — earnings per share came in below expectations, while revenue was slightly higher than forecasts. The overall sentiment, however, was negative, leading to a sharp 4% - [Yen Pairs Near Major Buy Signals as Oil Extends Recovery](https://axioryintelligence.com/news/daily-market-updates/yen-pairs-near-major-buy-signals-as-oil-extends-recovery/) - Hello traders, and welcome to Thursday’s trading session. The ongoing government shutdown in the US continues to leave the macro calendar nearly empty, limiting fundamental drivers for the markets. The only notable data release today comes from Canada, where retail sales are expected to show a 1% increase. Aside from that, traders will mostly focus - [CHF/JPY Eyes Major Buy Signal as Cup and Handle Completes](https://axioryintelligence.com/analysis/daily-technical-analysis/chf-jpy-eyes-major-buy-signal-as-cup-and-handle-completes/) - In today’s technical analysis, let’s take a look at the Swiss Franc to Japanese Yen (CHF/JPY) pair — a classic battle between two traditional safe-haven currencies. What’s developing on the chart is a very promising technical setup, one that often precedes a major bullish continuation. The pattern in focus is the cup and handle formation, - [Stock of the Day: Philip Morris](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-philip-morris-7/) - In today’s stock of the day, let’s take a look at Philip Morris International, which is currently flashing a very clean and technically strong buy signal. After a period of weakness, the price action shows clear signs of reversal and renewed bullish momentum. On the chart, we can see a blue wedge pattern — a - [WTI Oil: Inverse Head and Shoulders Signals Possible Rebound](https://axioryintelligence.com/analysis/daily-technical-analysis/wti-oil-inverse-head-and-shoulders-signals-possible-rebound/) - In today’s technical analysis, let’s take a closer look at WTI Oil, which appears to be attempting a rebound after weeks of heavy selling pressure. The recovery attempt is not happening randomly — it’s taking place precisely in the key demand zone around the lows from April and May, an area that has historically attracted - [Stock of the Day: Motorola Solutions](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-motorola-solutions-2/) - In today’s stock of the day, let’s take a closer look at Motorola Solutions, which is currently sitting at a critical technical juncture. The stock recently hinted at a potential bearish setup, but buyers may have just stepped in to save the day — at least for now. What we can clearly see on the - [Gold Bubble Bursting? Precious Metals Plunge as Tesla Takes the Spotlight](https://axioryintelligence.com/news/daily-market-updates/gold-bubble-bursting-precious-metals-plunge-as-tesla-takes-the-spotlight/) - Hello traders, and welcome to Wednesday’s session, where the market is waking up to a new set of macro and earnings developments that are already shaking things up. We started the day with inflation data from the UK, which came in lower than expected at 3.8% versus 4.0% forecasted, and that instantly triggered a sharp - [Earnings Season Kicks Off: Dollar Strengthens, Indices Rebound](https://axioryintelligence.com/news/daily-market-updates/earnings-season-kicks-off-dollar-strengthens-indices-rebound/) - Hello traders, and welcome to Tuesday’s trading session, where the markets are finally waking up after a relatively quiet start to the week. Today marks the true beginning of the earnings season, and the calendar is packed with major companies across multiple sectors reporting results. Before the opening bell, we’ll get numbers from GE Aerospace, - [USD/JPY: Inverse Head & Shoulders Ignites a Bullish Signal](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-inverse-head-shoulders-ignites-a-bullish-signal/) - In today’s technical analysis, let’s take a closer look at the American Dollar to Japanese Yen (USD/JPY), which is showing clear signs of a bullish reversal. The pair has been under pressure for the past few weeks, but now the situation looks entirely different. The price recently bounced off the key orange horizontal support zone, - [Stock of the Day: Walt Disney](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walt-disney-5/) - In today’s stock of the day, let’s take a closer look at The Walt Disney Company, which has been in a bearish correction since early July. Over the past few months, Disney’s share price has been sliding lower, forming a steady downward structure. However, the most recent price action suggests that this correction might be - [Monday Opens Calm but Bullish: Risk-On Sentiment Returns After Weekend](https://axioryintelligence.com/news/daily-market-updates/monday-opens-calm-but-bullish-risk-on-sentiment-returns-after-weekend/) - Hello traders, and welcome to a brand-new trading week. Monday begins with a calm tone on the macro calendar, offering traders a quiet start after an eventful period of volatility. The only significant data came overnight from China, and it was better than expected — GDP rose 4.8% vs. 4.7% forecast, while industrial production surprised - [Bitcoin: Buyers Fight Back, But the Battle Isn’t Over Yet](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-buyers-fight-back-but-the-battle-isnt-over-yet/) - In today’s technical analysis, let’s take a closer look at Bitcoin, which is still trying to recover from the heavy sell-off that took place on October 10th. The correction that followed has been painful for crypto traders, but since October 17th, we’ve been observing early signs of a potential reversal. This recovery attempt has already - [Stock of the Day: Salesforce](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-salesforce-5/) - In today’s stock of the day, let’s take a closer look at Salesforce, which recently gave traders a false buy signal — a move that left many market participants cautious. The stock had been moving inside a symmetric triangle pattern, marked with blue lines, indicating that volatility was gradually tightening and that a breakout was - [Risk-Off Friday: Equities Fall, Yen and Franc Surge, Gold in Bubble Mode](https://axioryintelligence.com/news/daily-market-updates/risk-off-friday-equities-fall-yen-and-franc-surge-gold-in-bubble-mode/) - Hello traders, and welcome to Friday, the final trading day of what has been a tense and turbulent week. The macro calendar is practically empty, largely due to the ongoing U.S. government shutdown, which is halting the release of many economic reports. As a result, today’s trading will likely be driven more by technicals and - [Stock of the Day: Morgan Stanley](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-morgan-stanley/) - In today’s stock of the day, let’s take a closer look at Morgan Stanley (MS), which has been enjoying a healthy and well-structured uptrend for quite some time. The stock has been consistently making higher highs and higher lows, supported by a dynamic red uptrend line that has defined the bullish structure since midyear. From - [EUR/GBP: Double False Breakout Keeps Price Locked in the Triangle](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-double-false-breakout-keeps-price-locked-in-the-triangle/) - In today’s technical analysis, let’s revisit EUR/GBP, which we recently analyzed — but this time, we have some fresh developments worth noting. Over the past few sessions, the pair has been teasing traders with false breakouts on both sides of its symmetric triangle pattern, creating a very interesting and somewhat deceptive environment. Yesterday, the price - [Pound Leads, Aussie Recovers, and Metals Stay Strong](https://axioryintelligence.com/news/daily-market-updates/pound-leads-aussie-recovers-and-metals-stay-strong/) - Hello traders, and welcome to Thursday’s market open. The macro calendar today is a little busier than in recent sessions, but with the ongoing U.S. government shutdown, expectations for market-moving events remain relatively limited. Overnight, we received employment data from Australia, which came in worse than expected, weighing heavily on the Australian dollar at first. - [Stock of the Day: Adobe](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-adobe-9/) - In today’s stock of the day, let’s focus on Adobe (ADBE), which is currently showing a very similar technical setup to the one we discussed earlier on GBP/CHF — a descending triangle pattern. This formation is often associated with growing bearish pressure, as sellers repeatedly test a stable horizontal support level while buyers lose momentum - [GBP/CHF: Key Support Under Pressure in a Descending Triangle](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-chf-key-support-under-pressure-in-a-descending-triangle/) - In today’s technical analysis, let’s focus on the British pound to Swiss franc (GBP/CHF), which is forming a very familiar and technically significant pattern on the daily chart — a descending triangle. This setup, visible over the past several weeks, reflects a market that is gradually pressuring the downside, with lower highs confirming persistent selling - [Major Decision Point for USD/JPY as Price Tests February–July Zone](https://axioryintelligence.com/analysis/daily-technical-analysis/major-decision-point-for-usd-jpy-as-price-tests-february-july-zone/) - In today’s technical analysis, let’s take a closer look at the American dollar to Japanese yen (USD/JPY), where a critical technical battle is unfolding on the daily chart. After several consecutive sessions of bearish correction, the pair has finally reached an absolutely key support area, which may determine its next major move. This orange horizontal - [Stock of the Day: Walmart](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walmart-3/) - In today’s stock of the day, let’s take a closer look at Walmart (WMT) — one of the most popular stocks on the market right now, and for a very good reason. The retail giant is trading on long-term highs, and the technical picture fully supports this bullish sentiment. The recent upswing did not happen - [Trump’s Soybean Comments Stir U.S.–China Tensions Again](https://axioryintelligence.com/news/daily-market-updates/trumps-soybean-comments-stir-u-s-china-tensions-again/) - Hello traders, and welcome to Wednesday’s market commentary. The middle of the week starts with a light macroeconomic calendar, but plenty of market-moving headlines and developments that keep volatility alive. The main narrative remains the renewed trade tensions between the U.S. and China, which continue to cast a shadow over global sentiment. In his latest - [Markets Struggle to Stabilize After Shockwave Selloff](https://axioryintelligence.com/news/daily-market-updates/markets-struggle-to-stabilize-after-shockwave-selloff/) - Hello traders, and welcome to Tuesday’s market commentary, where the global financial landscape continues to digest and adjust after the sharp selloff from Friday. The shockwaves from that decline are still being felt across all major asset classes, and despite yesterday’s brief rebound, markets are once again under pressure. The overall sentiment remains fragile and - [Stock of the Day: Square](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-square/) - Hello traders, and welcome to today’s Stock of the Day. Let’s take a look at Square (Block Inc.), where the technical situation lives up to the company’s name — quite literally, as the price action has been forming a neat rectangular pattern since July. The movement is highly contained, with price oscillating between two key - [German DAX: False Breakout Sets Stage for Bearish Continuation](https://axioryintelligence.com/analysis/daily-technical-analysis/german-dax-false-breakout-sets-stage-for-bearish-continuation/) - In today’s technical analysis, let’s take a closer look at the German DAX, which had a very turbulent end to the previous week. The index suffered heavily on Friday, with strong selling pressure that dragged prices sharply lower. However, Monday brought some signs of life — a bullish gap at the open and a small - [Crypto Carnage and Market Rebound — A Volatile Start to the Week](https://axioryintelligence.com/news/daily-market-updates/crypto-carnage-and-market-rebound-a-volatile-start-to-the-week/) - Hello traders, and welcome to Crazy Monday — a well-deserved title after the market chaos that unfolded late on Friday. What happened before the weekend could easily be turned into a Hollywood-style financial thriller, as traders around the world witnessed one of the most unusual and dramatic market reversals in recent months. Many analysts and - [EUR/GBP — Symmetric Triangle Signals Imminent Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-symmetric-triangle-signals-imminent-breakout/) - In today’s technical analysis, let’s take a closer look at EUR/GBP, which has been moving sideways for quite some time but is now showing clear signs that a breakout is approaching. The range is narrowing, volatility is decreasing, and traders will soon have to decide which direction to take. The pair is coiling up for - [Stock of the Day: Booking Holdings](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-booking-holdings-5/) - In today’s Stock of the Day, let’s take a closer look at Booking Holdings, which currently shows a decisively negative technical setup on the chart. After a strong bullish trend, the stock seems to have reached its peak and is now undergoing a potential major reversal phase. The structure visible on the chart is a - [Stock of the Day: Booking Holdings](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-booking-holdings-5/) - In today’s Stock of the Day, let’s take a closer look at Booking Holdings, which currently shows a decisively negative technical setup on the chart. After a strong bullish trend, the stock seems to have reached its peak and is now undergoing a potential major reversal phase. The structure visible on the chart is a - [Yen Weakens Further, Gold Recovers, and DAX Tests Neckline Support](https://axioryintelligence.com/news/daily-market-updates/yen-weakens-further-gold-recovers-and-dax-tests-neckline-support/) - Welcome, traders, to the last trading day of the week — a relatively light one in terms of macroeconomic data, but still full of subtle shifts and early signs of potential trends for next week. On today’s calendar, we have just a few but important releases: job data from Canada and the Preliminary University of - [AUD/USD — Key Moment as Triangle Breakout Faces Critical Test](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-usd-key-moment-as-triangle-breakout-faces-critical-test/) - Hello traders, and welcome to today’s technical analysis, where we take a close look at the Australian Dollar to U.S. Dollar (AUD/USD) — a pair currently sitting at a make-or-break technical level. The price action has reached a decisive point within a symmetric triangle pattern, marked with red lines, and traders are now waiting to - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-21/) - In today’s Stock of the Day, let’s take a look at Ford Motor Company (F), which is flashing a dangerous technical signal that may lead to a deeper bearish continuation. After a period of consolidation within an ascending triangle pattern, the stock appeared to be preparing for a bullish breakout — but instead, what we - [GBP/AUD: False Breakout Ignites Sell Signal — Bears in Full Control](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-aud-false-breakout-ignites-sell-signal-bears-in-full-control/) - In today’s technical analysis, let’s take a closer look at the British Pound to Australian Dollar (GBP/AUD), where the market has just delivered a strong bearish signal following a false breakout scenario. The pair had been consolidating within a symmetric triangle pattern, marked by two converging red trendlines, reflecting decreasing volatility and growing tension among - [Stock of the day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-10/) - In today’s Stock of the Day, let’s focus on Pfizer, where the recent bullish breakout attempt appears to be losing strength and could potentially turn into a false breakout — a situation that often signals a shift in momentum from bullish to bearish. The chart setup shows a red symmetric triangle pattern, a formation that - [Muted Dollar Reaction to FOMC Minutes — Yen Weakens, Oil Extends Gains](https://axioryintelligence.com/news/daily-market-updates/muted-dollar-reaction-to-fomc-minutes-yen-weakens-oil-extends-gains/) - It’s a surprisingly calm day on the macro front, with the calendar unusually empty — quite a rare occurrence for a Thursday. The only notable event scheduled for today is a speech from Jerome Powell, which could still stir some volatility later in the day. But aside from that, we’re looking at a light data - [NZD Plunges After Surprise 50bp Cut — Gold Hits New Record Highs](https://axioryintelligence.com/news/daily-market-updates/nzd-plunges-after-surprise-50bp-cut-gold-hits-new-record-highs/) - We’re halfway through the week, and today’s session is already shaping up to be an interesting one, with several moves going against recent market trends. The day began with a surprise — both on the macro front and across key asset classes. Let’s start with the calendar, which featured an interest rate decision from New - [GBP/CAD Builds Strength — Ascending Triangle Points Toward a Potential Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-builds-strength-ascending-triangle-points-toward-a-potential-breakout/) - In today’s technical analysis, let’s take a look at the British Pound to Canadian Dollar (GBP/CAD), where the long-term chart shows a clear and healthy uptrend. Buyers remain in control, and the pair continues to respect a series of higher highs and higher lows — a classical characteristic of bullish market structure. What makes this - [Stock of the day: American Airlines](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-american-airlines/) - In today’s stock of the day, let’s take a closer look at American Airlines (AAL), where the technical picture remains decidedly bearish. The stock has been struggling for months, and the technical setup on the chart confirms that the sellers are still firmly in control. In fact, a long-term sell signal was triggered in the - [Dollar Dominates in a Calm Market — Euro Weakens Again](https://axioryintelligence.com/news/daily-market-updates/dollar-dominates-in-a-calm-market-euro-weakens-again/) - Hello traders, and welcome to Tuesday! After two days of heavy political turbulence — first from Japan’s elections and then from France’s political shake-up — markets are finally entering a quieter phase. The start of Tuesday’s session brings a notable slowdown in volatility, as traders take a breather and reassess their positions following the sharp - [Stock of the day: Eli Lilly](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-eli-lilly/) - In today’s stock of the day, let’s take a look at Eli Lilly (LLY) — one of the market’s most closely watched pharmaceutical giants — which is now flashing a strong long-term buy signal. The setup is visible on the weekly chart, meaning this isn’t just a short-term fluctuation but potentially the start of a - [USD/CHF Awaits Decision — Triangle Squeeze Nears Its End](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-awaits-decision-triangle-squeeze-nears-its-end/) - In today’s technical analysis, let’s take a closer look at the American Dollar to Swiss Franc (USD/CHF), which is trading at a crucial technical crossroads. The pair has been moving inside a symmetric triangle pattern, marked with converging black trendlines, and is now approaching the apex — a point where volatility typically compresses before a - [Political Earthquake Shakes Markets — Yen Crashes, Euro Dips, Gold Hits New All-Time Highs](https://axioryintelligence.com/news/daily-market-updates/political-earthquake-shakes-markets-yen-crashes-euro-dips-gold-hits-new-all-time-highs/) - Hello traders, and welcome to Monday! The new trading week kicks off with a burst of political drama, and markets are reacting sharply. The two main stories of the morning come from Japan and France — both causing strong moves across currencies and indices. The biggest market mover comes from Japan, where fiscal dove Sanae - [Cotton Awaits a Breakout After Months of Sideways Trading](https://axioryintelligence.com/analysis/daily-technical-analysis/cotton-awaits-a-breakout-after-months-of-sideways-trading/) - In today’s technical analysis, let’s take a look at an instrument we don’t often discuss — Cotton. This soft commodity has been trading in a sideways range since May, creating a long-term consolidation pattern visible as a green rectangle on the chart. The upper and lower bounds of this range define clear horizontal resistance and - [Stock of the day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-17/) - In today’s stock of the day, let’s take a closer look at Netflix, which has once again found itself in the headlines — not because of a new show, but because of Elon Musk’s public call for a boycott of the streaming giant. The richest man in the world openly criticized Netflix, triggering a wave - [All Eyes on NFP: Markets Brace for Key US Jobs Data](https://axioryintelligence.com/news/daily-market-updates/all-eyes-on-nfp-markets-brace-for-key-us-jobs-data/) - Hello traders, and welcome to Friday. Today is non-farm payrolls Friday, the key event for global markets, and all eyes are on the upcoming jobs data from the US. Expectations are modest – payrolls are forecast at 52,000, which is relatively low, especially after Wednesday’s ADP employment change disappointed significantly. Alongside the headline jobs number, - [Bearish Continuation Setup on CHF/JPY](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-continuation-setup-on-chf-jpy/) - In today’s technical analysis, let’s take a closer look at two traditional safe havens, starting with the Swiss Franc to Japanese Yen (CHF/JPY). Since the end of September, the pair has been locked in a clean downtrend, with sellers consistently taking control. The structure is very technical, with price movements respecting horizontal levels almost to - [Stock of the Day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-10/) - In today’s stock of the day, let’s focus on Costco, which is currently flashing a proper sell signal. This bearish setup was triggered at the very end of September, and the technical picture looks increasingly negative. On the chart, we can spot two symmetric triangles marked with red lines – a smaller one nested within - [Markets Push Higher as NFP Countdown Begins](https://axioryintelligence.com/news/daily-market-updates/markets-push-higher-as-nfp-countdown-begins/) - Hello traders, and welcome to Thursday – the calm before the storm. With non-farm payrolls due tomorrow, markets are already bracing for volatility. Normally, Thursdays come loaded with data, but this time the macro calendar looks unusually light. The main points of attention will be Swiss inflation, expected at -0.2%, and the U.S. unemployment claims - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-29/) - Hello traders, in today’s technical analysis let’s take a closer look at Apple. On the short-term chart (H1), the setup is looking very familiar and very technical. The price is currently moving inside an ascending triangle pattern, defined by a horizontal resistance on the top and a dynamic ascending support line below. Ascending triangles usually - [USD/CAD Cup and Handle: Bullish Breakout on the Horizon?](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-cup-and-handle-bullish-breakout-on-the-horizon/) - In today’s technical analysis, let’s take a look at a very promising setup on the American dollar to Canadian dollar (USD/CAD). What we can see here is a rounded bottom formation, also known as a cup and handle pattern—one of the most classical reversal structures in technical analysis. Currently, the market is in the process - [CHF/JPY Signals Start of a New Bearish Trend](https://axioryintelligence.com/analysis/daily-technical-analysis/chf-jpy-signals-start-of-a-new-bearish-trend/) - In today’s technical analysis, let’s take a look at the Swiss Franc to Japanese Yen, which is showing signs of a fresh bearish phase. The chart recently gave us a clear signal of weakness as the price escaped from a channel-up formation, marked with black lines. That alone suggests that the previous bullish momentum has - [Stock of the Day: PNC Financial Services](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pnc-financial-services/) - Hello traders, in today’s stock of the day let’s take a closer look at PNC Financial Services, which is enjoying a very healthy uptrend. The chart tells a clear story — price action has been moving steadily higher, creating a sequence of higher highs and higher lows, a textbook bullish structure. Currently, the price is - [Dollar Near Critical Levels as Euro, Pound, and Kiwi Test Resistance](https://axioryintelligence.com/news/daily-market-updates/dollar-near-critical-levels-as-euro-pound-and-kiwi-test-resistance/) - Hello traders, welcome to Wednesday. Today’s calendar is packed with important releases, and traders should brace for volatility. We’re waiting for the Eurozone CPI flash estimate, expected at 2.2%, alongside ADP non-farm employment change from the US (forecast 52,000) and ISM Manufacturing PMI (expected at 49). These reports will be critical in shaping sentiment for - [Yen and Aussie Surge as Tuesday Opens](https://axioryintelligence.com/news/daily-market-updates/yen-and-aussie-surge-as-tuesday-opens/) - Hello traders, and welcome to Tuesday. As we approach the start of the European session, the markets are already showing some intriguing developments across currencies, indices, and commodities. On the currency market, the spotlight remains on the Japanese yen, which continues its strong rally from Monday. This move stems directly from the increasingly hawkish tone - [Stock of the Day: Philip Morris](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-philip-morris-6/) - In today’s stock of the day, let’s take a closer look at Philip Morris, which is getting closer to a major trading signal. The price has been coiling inside a symmetric triangle pattern marked with red lines since mid-July. This structure reflects a period of compression, where buyers and sellers are gradually narrowing the trading - [Head and Shoulders Signal Points to EUR/USD Weakness](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-signal-points-to-eur-usd-weakness/) - In today’s analysis, let’s turn to EUR/USD, the most heavily traded currency pair in the world, where the technical stage is set for a potential sell signal. The chart is currently showing several bearish features aligning in one place. First, we can spot a large head and shoulders pattern marked in orange. This classical reversal - [BOJ Hawkish Tilt Lifts Yen, Oil Struggles Again](https://axioryintelligence.com/news/daily-market-updates/boj-hawkish-tilt-lifts-yen-oil-struggles-again/) - Hello, traders! Welcome to Monday — a fresh week, new opportunities, and already some interesting market dynamics unfolding. Today’s calendar started with Spanish inflation, which came in at 2.9% instead of 3.1%, but the number didn’t leave any meaningful footprint on the Euro. Later, the market will be watching pending home sales from the US - [EUR/CAD: Resistance at 1.6335 Holds the Key](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-cad-resistance-at-1-6335-holds-the-key/) - In today’s technical piece, let’s focus on Euro to Canadian Dollar (EUR/CAD), which is currently challenging a very important level. The spotlight is on the red horizontal resistance zone around 1.6335, a barrier that already proved its strength last week. On Tuesday, the pair staged a false breakout to the upside, only to quickly reverse - [Stock of the Day: Ford Motors](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-motors/) - In today’s stock of the day, let’s revisit Ford Motors, which we last analyzed on September 18th. Back then, I highlighted the ascending triangle pattern forming on the chart and suggested that a breakout to the upside was the most probable scenario. On Friday, this move finally materialized — the price broke above the upper - [Markets Digest Hot US Data, Await Inflation Clues](https://axioryintelligence.com/news/daily-market-updates/markets-digest-hot-us-data-await-inflation-clues/) - Hello traders, welcome to Friday. We’re closing out what has been a volatile week, and yesterday added plenty of fuel to the fire.Thursday’s highlight was the US GDP reading, which smashed expectations at 3.8% versus 3.3% forecast. Together with lower unemployment claims and stronger durable goods orders, the data painted a picture of resilience in - [Ethereum Buyers Defend July Highs, But Pressure Mounts](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-buyers-defend-july-highs-but-pressure-mounts/) - In today’s technical analysis, let’s focus on Ethereum (ETH) on the H4 chart. The long-term picture shows ETH in a fragile spot. The coin recently broke down from a symmetric triangle pattern marked with red lines, a move that generated a clear sell signal. After this breakout, ETH attempted a modest correction, but sellers quickly - [Stock of the day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-16/) - The chart of Netflix presents us with a very classical technical setup — a symmetric triangle pattern, marked with red lines. This formation is a textbook example of a market in consolidation: volatility is shrinking, daily swings are narrowing, and price is being squeezed closer and closer to the apex of the triangle. Such a - [Thursday Opens in Red as Markets Brace for U.S. GDP](https://axioryintelligence.com/news/daily-market-updates/thursday-opens-in-red-as-markets-brace-for-u-s-gdp/) - We step into the new trading day after a rather quiet Wednesday, which had only a handful of macro events but still gave the markets some direction. Australia reported hotter inflation, coming in at 3% versus 2.9% expected, boosting the Aussie overnight. Later, Germany’s IFO business climate disappointed at 87.7, highlighting ongoing weakness in the - [Head and Shoulders Loom Over S&P 500: Are Indices Set to Drop?](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-loom-over-sp-500-are-indices-set-to-drop/) - For the past two sessions, both U.S. and European benchmarks have been under pressure, and the charts are now pointing towards a possible deeper correction. On the S&P 500, the structure that has emerged is one of the most recognizable reversal setups in technical analysis: the head and shoulders pattern. It’s highlighted with a green - [Stock of the day: Salesforce](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-salesforce-4/) - Since the end of July, Salesforce has been moving within a very familiar technical formation: a triangle. The price action, marked by orange lines on the chart, shows volatility gradually narrowing, with daily swings becoming smaller and smaller. This contraction of movement is often a sign that the market is building energy for the next - [Stronger Dollar, Stronger Aussie: Wednesday Opens with Momentum](https://axioryintelligence.com/news/daily-market-updates/stronger-dollar-stronger-aussie-wednesday-opens-with-momentum/) - Hello traders, welcome on Wednesday. Yesterday was PMI day, and the results painted a familiar picture. In the U.S., PMI numbers came broadly in line with expectations — no real surprises there. But across Europe and the UK, manufacturing readings once again disappointed, coming in largely below expectations, underlining the weakness of the sector on - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-16/) - In today’s stock of the day, let’s focus on Johnson & Johnson, where the chart is shaping up into a very familiar and promising technical formation. The stock is currently trading inside a falling wedge, marked with red lines. Falling wedges within an existing uptrend are typically bullish continuation patterns, often leading to an eventual - [AUD/JPY Defends Key Support, Breaks Downtrend](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-jpy-defends-key-support-breaks-downtrend/) - In today’s technical analysis, let’s turn to AUD/JPY, where the pair staged an impressive move overnight. This surge was fueled by the hotter-than-expected inflation print from Australia: 3% vs 2.9% forecast. That surprise reading gave the Australian Dollar a meaningful boost, and technically, the pair responded right at a crucial area on the chart. The - [PMI Day: Markets Brace for Data and Speeches](https://axioryintelligence.com/news/daily-market-updates/pmi-day-markets-brace-for-data-and-speeches/) - Hello traders, welcome to Tuesday. Unlike yesterday’s relatively quiet start, today’s calendar is absolutely packed. It’s PMI day, with key readings coming from the world’s largest economies — France, Germany, the Eurozone, the UK, and the US. Manufacturing PMIs are expected largely above 50, with the exception of the UK, while services PMIs are looking - [Buyers Defend Key Supports: DAX Reversal in Motion](https://axioryintelligence.com/analysis/daily-technical-analysis/buyers-defend-key-supports-dax-reversal-in-motion/) - In today’s technical analysis, let’s take a closer look at the German DAX. Yesterday brought a very important and volatile session. Monday started with a sharp drop, but as the day unfolded, the index managed to stage a bullish reversal. Now, Tuesday morning extends that positive momentum, adding weight to the reversal narrative. From the - [Stock of the day: Spotify](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-spotify/) - In today’s stock of the day, let’s focus on Spotify, which recently delivered a strong technical buy signal. The stock had been coiling inside a symmetric triangle pattern, marked with red lines, since mid-summer. This period of consolidation reflected reduced volatility and growing pressure for a breakout. Last week, the move finally arrived — price - [Dollar Stays Strong as Commodity Currencies Sink](https://axioryintelligence.com/news/daily-market-updates/dollar-stays-strong-as-commodity-currencies-sink/) - The new week kicks off with a relatively busy Monday calendar. We already had remarks from Reserve Bank of Australia Governor Bullock, and later today traders will tune in for a speech from Bank of England Governor Bailey, which could provide hints on the UK’s policy path. For a Monday session, that’s already plenty to - [Stock of the day: Intel](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-intel-11/) - In today’s stock of the day, let’s take a closer look at Intel. Intel had a very strong performance in the second half of last week, with price action accelerating and bringing the stock to new highs for 2025. This rally was technically significant, as it marked a clean escape from the red rectangle pattern - [False Breakout Risks Loom Over USD/JPY Rally](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-risks-loom-over-usd-jpy-rally/) - In today’s technical analysis, let’s focus on USD/JPY, which had a very impressive second half of last week. The rally started with a false breakout below the orange support, after which the price surged significantly higher. As the new week kicked off on Monday, buyers pushed the pair above the red dynamic resistance, hinting at - [Dollar Still King as Antipodeans Struggle Into Friday](https://axioryintelligence.com/news/daily-market-updates/dollar-still-king-as-antipodeans-struggle-into-friday/) - Hello traders, welcome to Friday morning. We’re closing out what has been one of the busiest weeks of the year, and Thursday brought another wave of action. The spotlight yesterday was firmly on the antipodeans: New Zealand GDP collapsed to -0.9%, much worse than expected, sending the NZD tumbling. Australia didn’t offer any relief, as - [DAX Rebounds Strongly After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-rebounds-strongly-after-false-breakout/) - In today’s technical analysis, let’s take a look at the German DAX — where a major reversal is unfolding that looks highly promising for buyers. What happened here is a textbook case of a false breakout. The index initially broke down from the blue pennant formation and slipped below the crucial red trend line, sparking - [Stock of the Day: Philip Morris](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-philip-morris-5/) - Philip Morris is approaching a decisive moment on the chart, where two powerful technical formations overlap and prepare the ground for a major trading signal. The first is a large Head and Shoulders pattern, clearly marked with yellow rectangles. Its neckline coincides with the lower boundary of a symmetric triangle pattern, outlined in red. This - [Dollar Reigns Supreme After FOMC Cut](https://axioryintelligence.com/news/daily-market-updates/dollar-reigns-supreme-after-fomc-cut/) - Hello traders, welcome to post-FOMC Thursday. Everything is now clear after yesterday’s Fed decision. The U.S. central bank delivered a 25-basis-point cut, in line with expectations, and laid out its outlook for the coming years: two more cuts anticipated by the end of 2025, one cut in 2026, another in 2027, and no further moves - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-20/) - In today’s stock of the day, let’s take a look at Ford Motors. The automaker is moving into a decisive moment on the chart as price action tightens inside an ascending triangle pattern. This formation is defined by the orange horizontal resistance on top and two converging black uptrend lines acting as support. As volatility - [False Breakout Sparks Bullish Signal on Dollar-Yen](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-sparks-bullish-signal-on-dollar-yen/) - In today’s technical analysis, let’s take a closer look at the American dollar to Japanese yen, where the dollar is showing renewed strength after the FOMC decision. The latest rate move and policy stance gave the U.S. dollar a solid boost, making it one of the strongest currencies across the board. On USD/JPY, that strength - [Fed Decision Day: Markets Brace for Rate Cut](https://axioryintelligence.com/news/daily-market-updates/fed-decision-day-markets-brace-for-rate-cut/) - This is a key day for the markets, with the spotlight firmly on the Federal Reserve. Later today, we’ll get the long-awaited FOMC interest rate decision, where a 25-basis-point cut is expected. It’s one of the most important events of the month, and traders are already positioning themselves ahead of it. But the Fed is - [Stock of the Day: Las Vegas Sands](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-las-vegas-sands/) - In today’s stock of the day, let’s take a closer look at Las Vegas Sands Corporation, which is under strong bearish pressure. On the chart, we can see a classic head and shoulders formation, marked with the orange rectangle. This formation is a textbook reversal setup, and it already triggered a sell signal. The decisive - [First Cracks Appear in Silver’s Bullish Run](https://axioryintelligence.com/analysis/daily-technical-analysis/first-cracks-appear-in-silvers-bullish-run/) - In today’s technical analysis, let’s turn to silver, where we can spot the first cracks in what has been a very strong uptrend. Silver climbed to new long-term highs yesterday, but the move was quickly followed by a retracement. What makes this pullback technically interesting is its shape — a classic head and shoulders pattern, - [Precious Metals Shine as Traders Eye Fed](https://axioryintelligence.com/news/daily-market-updates/precious-metals-shine-as-traders-eye-fed/) - Hello traders, let’s see what Tuesday has in store. We’re coming off a surprisingly active Monday for what is usually a quiet start to the week. Data from China set the tone early, with both industrial production and retail sales coming in below expectations. Later, the Empire State Manufacturing Index in the US added to - [ETH Retests Support: Bulls Eye Next Move](https://axioryintelligence.com/analysis/daily-technical-analysis/eth-retests-support-bulls-eye-next-move/) - In today's technical analysis, let’s focus on Ethereum. Ethereum has finally broken free from the sideways consolidation that had been restricting its movement since the end of August. That consolidation, marked by the orange rectangle, was broken to the upside on September 12th, giving bulls their first real shot at regaining control. Now the story - [Stock of the day: Uber](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-uber-3/) - In today’s stock of the day, let’s turn to Uber, which is showing a very clean bullish setup. For months, Uber had been coiling inside an ascending triangle pattern that started at the beginning of May. This type of structure, defined by a steady horizontal resistance and a rising dynamic support line, often suggests that - [Markets Kick Off a Central Bank Super Week](https://axioryintelligence.com/news/daily-market-updates/markets-kick-off-a-central-bank-super-week/) - Hello traders, We step into a brand-new week of trading and this one is shaping up to be anything but quiet. Mondays are usually light on the calendar, but today already feels different. Out of Asia, we got disappointing numbers from China, with both industrial production and retail sales coming in below expectations, adding to - [German DAX Gears Up for Imminent Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/german-dax-gears-up-for-imminent-breakout/) - The German DAX has been moving sideways for the past few sessions, which may not seem exciting at first glance. However, sideways trends are often the calm before the storm, as decreasing volatility usually leads to strong breakouts. Right now, DAX is coiling inside a symmetric triangle pattern marked with blue lines, and the breakout - [Stock of the Day: McDonald’s](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-20/) - McDonald’s is currently flashing bearish signals on the chart, with the technical picture showing a clear shift in sentiment. For weeks, the price was respecting a channel up formation, marked with blue lines. This structure suggested higher highs and higher lows, a typical bullish progression. But that formation has now failed. Price escaped from the - [Dollar Retreats Despite Hotter US Inflation, Friday Opens Cautious](https://axioryintelligence.com/news/daily-market-updates/dollar-retreats-despite-hotter-us-inflation-friday-opens-cautious/) - Hello traders, welcome to Friday. We are stepping into the last session of the week with fresh momentum and some important data ahead. Thursday brought us the long-awaited CPI numbers from the US. Headline inflation came at 2.9% on a yearly basis, in line with expectations, but the monthly number surprised slightly higher at 0.4% - [Technical Breakout Sends Silver Higher](https://axioryintelligence.com/analysis/daily-technical-analysis/technical-breakout-sends-silver-higher/) - In today’s technical analysis, let’s take a closer look at Silver, which continues to trade with impressive technical precision. Yesterday was a particularly important session, as the US inflation data stirred volatility across commodities. Oil weakened sharply, but precious metals took the opposite path and pushed higher, with Silver leading the way. The chart shows - [Stock of the Day: Booking Holdings](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-booking-holdings-4/) - In today’s stock of the day, let’s take a closer look at Booking, which is shaping up into a very familiar technical formation: a head and shoulders pattern, marked with blue lines. At the moment, the price is resting directly on the neckline of this formation. A decisive breakout below this neckline would trigger a - [Inflation Day: Dollar Strong Ahead of Key CPI and ECB](https://axioryintelligence.com/news/daily-market-updates/inflation-day-dollar-strong-ahead-of-key-cpi-and-ecb/) - Hello traders, and happy inflation day to those who celebrate! Today will be one of the key trading sessions of the week as we are set to receive CPI data from the US. Consumer inflation is expected to rise to 2.9% from 2.7% previously, and this number will likely be the main driver across currencies, - [Deep Pullback Clouds Oil’s Triangle Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/deep-pullback-clouds-oils-triangle-breakout/) - In today’s analysis, let’s take a closer look at WTI oil, which made an advance to the upside yesterday, shifting the technical outlook. This movement was crucial because the price escaped from the symmetric triangle pattern marked with red lines. Normally, such a breakout is a clear bullish signal. However, the price did not hold - [Stock of the Day: Berkshire Hathaway](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-berkshire-hathaway-7/) - In today’s stock of the day, let’s take a closer look at Berkshire Hathaway, Warren Buffett’s company, where short-term signals suggest a bearish setup is forming. On the hourly chart, we can see the development of a double top formation, marked with green color. This double top is not just a possibility — it’s already - [Wednesday Focus: U.S. Inflation to Drive Market Momentum](https://axioryintelligence.com/news/daily-market-updates/wednesday-focus-u-s-inflation-to-drive-market-momentum/) - Hello traders, and welcome to Wednesday. Today the spotlight falls on inflation — not consumer inflation, but producer price data from the U.S. While this report typically carries less weight, in the absence of other major releases it will be enough to drive momentum across the board: currencies, indices, and commodities will all be looking - [Stock of the Day: Micron Technology](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-micron-technology-7/) - In today’s stock of the day, let’s take a closer look at Micron Technology, which has just delivered a fresh buy signal on the chart. The signal was triggered at the end of last week and continues to look promising as the new week begins. The stock formed an ascending triangle pattern, a technical setup - [Bearish Engulfing Clouds Euro Outlook Before PPI](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-engulfing-clouds-euro-outlook-before-ppi/) - In today’s technical analysis, let’s turn to EUR/USD, a pair that is firmly in the spotlight as we await today’s U.S. inflation data. The release of the producer price index will be the key driver for the dollar and, by extension, for the euro-dollar pair. Until then, traders remain cautious — but the chart is - [Muted Markets Await Inflation Data Midweek](https://axioryintelligence.com/news/daily-market-updates/muted-markets-await-inflation-data-midweek/) - Hello traders, welcome to Tuesday. Market movements this morning are relatively muted, as participants appear to be waiting for the calendar to heat up tomorrow and Thursday when key inflation data will be released. In equities, we see a split picture. European indices are in decline, struggling to find bullish momentum, while American indices remain - [Bitcoin Approaches Breakout: Key Levels in Focus](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-approaches-breakout-key-levels-in-focus/) - Most recently, Bitcoin has been trading with remarkable precision, respecting both dynamic support and dynamic resistance levels almost to the dollar since August 24th. These two trendlines are now converging, narrowing the price action and bringing us closer to a decisive breakout. The trading plan here is straightforward: a breakout to the upside would trigger - [Stock of the Day: Adobe](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-adobe-8/) - In today’s stock of the day, let’s take a closer look at Adobe, which is approaching a key technical crossroads. On the daily chart, the price action has carved out a descending triangle pattern, a formation defined by the blue horizontal support acting as the base and the black downtrend line pressing from above. This - [Strong Start for Commodity Currencies in New Week](https://axioryintelligence.com/news/daily-market-updates/strong-start-for-commodity-currencies-in-new-week/) - Hello traders, welcome to Monday and the start of a new week of trading. While the calendar is quiet today, all eyes are already set on Thursday, when we will get both the ECB meeting and inflation data from the US — two events that will be the key drivers for global markets this week. - [Copper Tests Neckline After Head and Shoulders Break](https://axioryintelligence.com/analysis/daily-technical-analysis/copper-tests-neckline-after-head-and-shoulders-break/) - In today’s technical analysis, let’s turn our attention to copper, which has been through some heavy swings recently. After a sharp decline at the end of July, the first weeks of August brought a bullish correction. However, it looks like this correction is running out of steam and that the market may be preparing for - [Stock of the Day: UPS](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ups-2/) - In today’s stock of the day, let’s take a closer look at UPS, which is trading in a very technical downtrend. The chart shows a series of corrective moves inside this broader bearish structure, each time resolving to the downside. The first correction came back in February, where UPS briefly consolidated before breaking through the - [Stock of the Day: Broadcom](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-broadcom-5/) - Hello traders, in today’s stock of the day I would like to focus on Broadcom, which just delivered an impressive set of earnings. The company published its results yesterday after the market closed, with earnings coming in better than expected. The market welcomed this report, and pre-market trading indicates Broadcom will open around 6% higher - [GBP/AUD False Breakout Signals Bearish Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-aud-false-breakout-signals-bearish-reversal/) - End of the week brings us the long-awaited US job data — non-farm payrolls — which will naturally dominate attention and create sharp moves on the US dollar. But not every trader wants to step into dollar volatility on payroll Friday. For those looking elsewhere, the British Pound to Australian Dollar (GBP/AUD) is offering an - [Payrolls in Focus After US Job Market Weakness Signals](https://axioryintelligence.com/news/daily-market-updates/payrolls-in-focus-after-us-job-market-weakness-signals/) - Hello traders, welcome to Friday — and not just any Friday, but non-farm payroll Friday, the most important day of the month for the markets. Thursday brought a wave of data and plenty of market reaction. In Switzerland, inflation came in lower than expected at -0.1%, pressuring the franc. Across the Atlantic, the US labor - [Markets Brace for US Data as Tariff Fate Looms](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-us-data-as-tariff-fate-looms/) - Hello traders, welcome to Thursday. Today’s session brings us some interesting moves across the board, but let’s begin with the calendar. Earlier this morning we had inflation data from Switzerland, which disappointed to the downside. That miss caused a temporary weakening of the Swiss franc, though the effect was short-lived. Looking ahead, the US calendar - [Nikkei Flashes Strong Buy Signal After Bullish Breakouts](https://axioryintelligence.com/analysis/daily-technical-analysis/nikkei-flashes-strong-buy-signal-after-bullish-breakouts/) - In today’s technical analysis, let’s take a closer look at the Nikkei, which is pushing higher and flashing a proper long-term buy signal. The Japanese index recently escaped from a flag formation to the upside, marking the end of the bearish correction and confirming renewed bullish momentum. Adding to the strength of this setup, the - [Stock of the Day: ExxonMobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxonmobil-13/) - In today’s stock of the day, let’s take a look at ExxonMobil, which is facing a rather negative technical situation. On the chart, we can clearly see a symmetric triangle formation, marked with green lines, that was supposed to provide a directional breakout. Initially, the price attempted a breakout to the upside, which under normal - [Markets Rebound on Trump Speech, Risk Sentiment Improves](https://axioryintelligence.com/news/daily-market-updates/markets-rebound-on-trump-speech-risk-sentiment-improves/) - Hello traders, welcome to Wednesday. The middle of the week is bringing a rebound across the markets, with futures pointing higher and sentiment turning cautiously optimistic. A key driver behind this recovery came from Donald Trump’s speech yesterday. In recent days, there had been growing market whispers and worries about the state of his health, - [Bitcoin Breaks Out of Channel Down, Buy Signal Active](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-breaks-out-of-channel-down-buy-signal-active/) - Bitcoin is starting September on a much stronger note after struggling through the second half of August. The key development is the channel down formation, clearly marked with green lines on the chart. This bearish structure guided the decline, but the downward momentum seems to have ended at the beginning of this week. The turning - [Stock of the Day: NIO](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nio/) - NIO, the Chinese electric vehicle manufacturer, is starting to show a potential long-term turnaround. For months, the stock has been locked in a steady downtrend, held down by two key descending resistance lines. Those barriers defined the bearish sentiment, but in the past few weeks, something changed. On the weekly chart, NIO formed a falling - [Indices Under Pressure as Dollar Strengthens, Gold Hits Highs](https://axioryintelligence.com/news/daily-market-updates/indices-under-pressure-as-dollar-strengthens-gold-hits-highs/) - After a quiet Monday marked by market closures in the US and Canada, Tuesday brings traders back to full action with a busier calendar and renewed volatility. With fresh data on the horizon and early market moves already pointing to strong trends, the day is shaping up to be eventful. The calendar is highlighted by - [Healthy Uptrend Faces Test: Nikkei’s Wedge Setup Explained](https://axioryintelligence.com/analysis/daily-technical-analysis/healthy-uptrend-faces-test-nikkeis-wedge-setup-explained/) - The Japanese Nikkei is offering traders a very technical setup at the moment. The index remains in a healthy long-term uptrend, with price consistently making higher highs and higher lows. Despite that, the global wave of bearish corrections has not spared Nikkei, and here too we are currently observing a pullback. This correction has taken - [Stock of the Day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-14/) - Qualcomm is sitting at a critical juncture, just one step away from delivering a major long-term buy signal. For months, the stock has been locked in a downtrend, but the technical picture is beginning to shift. The first key clue came from the red flag pattern, which initially broke to the downside. That move, however, - [Markets Open September with Cautious Optimism](https://axioryintelligence.com/news/daily-market-updates/markets-open-september-with-cautious-optimism/) - Hello traders, and welcome to a brand new week and a brand new month. With fresh charts and renewed hopes, markets open today with a cautious yet optimistic tone. The macro calendar is extremely light — in fact, both U.S. and Canadian markets are closed, so expectations for major fundamental drivers are very limited. Today - [Stock of the Day: Citigroup](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-citigroup-8/) - Citigroup is enjoying a very strong period, with technicals lining up in favor of the buyers. Not too long ago, the stock generated a proper buy signal after escaping from a pennant formation. This pennant, marked in blue, had kept the price locked in a narrowing range. The breakout to the upside from such a - [Cable’s Big Test: Inverse Head & Shoulders Nears Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/cables-big-test-inverse-head-shoulders-nears-breakout/) - The British Pound to American Dollar — popularly known as cable — is shaping up for a major technical decision. Since the beginning of July, the pair has been carving out a large inverse head and shoulders pattern, highlighted within the orange rectangle on the chart. This formation is one of the most reliable bullish - [Risk Appetite Tested Into Friday’s Data-Heavy Session](https://axioryintelligence.com/news/daily-market-updates/risk-appetite-tested-into-fridays-data-heavy-session/) - Thursday brought another round of optimism to the markets. Despite initial worries over NVIDIA’s earnings, which were better than expected but met with a lukewarm reaction, US indices pushed higher throughout the session. By the close, it was clear that buyers were still firmly in control, with Wall Street holding onto a strong bullish bias. - [DAX Rebounds After False Breakout at Key Support](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-rebounds-after-false-breakout-at-key-support/) - Friday’s European open on the German DAX brings us an interesting setup right at a key level. The index dipped below the crucial green horizontal support at 23,980 points, but this move quickly turned into a false breakout. Marked with yellow on the chart, the failed breakdown signals that sellers were not able to sustain - [Stock of the Day: Garmin](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-garmin-11/) - Garmin is enjoying a strong run, and the technical picture is clearly supporting the buyers. The stock is climbing steadily inside a well-defined uptrend, with price action supported by a long-term black uptrend line. This trendline has been holding firmly and continues to guide the bullish sentiment higher. The key development came with a breakout - [Markets Brace for U.S. GDP as Indices Rebound After NVIDIA Shock](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-u-s-gdp-as-indices-rebound-after-nvidia-shock/) - Thursday brings us plenty of volatility across the markets, fueled in part by Wednesday’s late developments. The key story came after the U.S. market closed, when NVIDIA released earnings that beat expectations. Despite the strong numbers, the stock slipped, dropping around 4% in after-hours trading, and remains about 2% lower in the pre-market. That initial - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-27/) - Boeing continues its move to the upside, and the latest development on the chart suggests a bullish continuation. The price is shaping an ascending triangle pattern, neatly outlined with blue lines. This formation combines a dynamic rising support with a flat horizontal resistance – a structure that typically favors an upward breakout. What’s important here - [AUD/USD Delivers a Textbook ICT “Power of Three” Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-usd-delivers-a-textbook-ict-power-of-three-setup/) - Australian Dollar to American Dollar is offering traders a textbook example of the ICT “Power of Three” concept. Two rectangles stand out on the chart, and together they map the market’s story of accumulation, manipulation, and distribution. The first, a smaller yellow rectangle, played out cleanly. It signaled a reversal and delivered without any manipulation - [Markets Brace for NVIDIA Earnings as Oil Slides and Gold Climbs](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-nvidia-earnings-as-oil-slides-and-gold-climbs/) - Wednesday is shaping up to be the most important day of the week, with all eyes on NVIDIA’s earnings report scheduled for release after the U.S. market close. This single event is likely to spark a wave of volatility across the indices, especially in the tech-heavy NASDAQ, as traders brace for numbers that could set - [Stock of the Day: PayPal](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-paypal-9/) - In today’s stock of the day, let’s turn to PayPal, where the chart paints a grim picture for buyers. The dominant formation is a wedge pattern, marked with red lines, which dictated price action through recent months. At the end of July, we even saw a false breakout to the upside, highlighted in orange, but - [Imminent Breakout in GBP/JPY as Price Tests Critical Levels](https://axioryintelligence.com/analysis/daily-technical-analysis/imminent-breakout-in-gbp-jpy-as-price-tests-critical-levels/) - In today’s technical analysis, let’s turn to the British Pound against the Japanese Yen, which is currently testing a decisive resistance area. Since the middle of August, the pair has been moving inside a symmetric triangle formation, marked with red lines. The narrowing of price action signals that the market is building energy, and with - [Markets on Edge After Trump Removes Fed Governor and Warns of Tariffs](https://axioryintelligence.com/news/daily-market-updates/markets-on-edge-after-trump-removes-fed-governor-and-warns-of-tariffs/) - Tuesday starts with heavy news flow and heightened volatility. Overnight, Donald Trump made two impactful announcements that shook global markets. First, he declared that he is removing Fed Governor Lisa Cook, a move that adds more uncertainty to the future direction of U.S. monetary policy. Second, he threatened substantial new tariffs on all countries with - [Stock of the day: Meta Platforms](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-meta-platforms-5/) - Meta Platforms finds itself at a critical juncture on the chart. The stock is currently resting on two major supports that could define its mid-term outlook. The first is the green horizontal line — a level that served as resistance in both mid-February 2025 and late June 2025. After the breakout to the upside, this - [Weak Start for DAX as Key Supports Collapse](https://axioryintelligence.com/analysis/daily-technical-analysis/weak-start-for-dax-as-key-supports-collapse/) - The German index is experiencing a negative start to the new week. The price has just escaped from a symmetric triangle pattern marked with black lines, and importantly, this breakout occurred to the downside. The drop took place overnight, breaking a key structural support level and raising concerns for buyers. In addition to leaving the - [Powell’s Friday Rally Fades as Monday Brings Natural Corrections](https://axioryintelligence.com/news/daily-market-updates/powells-friday-rally-fades-as-monday-brings-natural-corrections/) - We are starting the new week with a relatively busy calendar, even though London remains closed today for the UK bank holiday. Despite that, the markets are already showing some interesting moves. Overnight, New Zealand retail sales surprised to the upside, coming in at 0.5% compared to expectations of 0.1%. That gave a solid boost - [Stock of the Day: Merck](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-merck-8/) - Merck is having a strong August, and the technical picture looks increasingly bullish. The stock managed to break through two major resistances, which transforms the outlook into a proper buy signal. The first breakout came with the price pushing above the long-term blue downtrend line, a move that already signaled a shift in sentiment. The - [GBP/NZD Builds Momentum with Wedge Inside an Uptrend](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-nzd-builds-momentum-with-wedge-inside-an-uptrend/) - In today’s technical analysis, let’s see British Pound to New Zealand Dollar, which has been moving very technically in recent weeks, forming a clean and healthy uptrend. The structure is quite clear: price action is supported by the red uptrend line, and we can see a sequence of higher highs and higher lows, which is - [Markets Hold Breath Ahead of Powell at Jackson Hole](https://axioryintelligence.com/news/daily-market-updates/markets-hold-breath-ahead-of-powell-at-jackson-hole/) - Good morning, traders. After a turbulent Thursday, markets are trying to steady their nerves as we head into the final trading day of the week. The session yesterday began with a sharp sell-off in U.S. equities, fueled by nerves around inflation and the still-fragile sentiment on Wall Street. But what looked like the start of - [Stock of the Day: Intel](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-intel-10/) - Intel has been stuck in a sideways trend for more than a year, locked inside a wide rectangle formation. The price continues to trade between a key support around $18 and resistance around $27, and so far, neither buyers nor sellers have managed to take control. Most recently, Intel tested the upper boundary of this - [DAX Holds the Line: Can Europe Resist the U.S. Selloff?](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-holds-the-line-can-europe-resist-the-u-s-selloff/) - While American indices continue to slide, the DAX is showing resilience. European indices are not following the U.S. into a deeper selloff, and in the case of the DAX, the move looks more like a controlled bearish correction than a full-scale reversal. The price remains inside a wedge formation marked with blue lines. At the - [Indices Eye V-Shaped Rebound After FOMC Minutes](https://axioryintelligence.com/news/daily-market-updates/indices-eye-v-shaped-rebound-after-fomc-minutes/) - Hello traders, welcome to the first trading day of PMI releases. Today we’ll get PMI numbers from all the major economies — France, Germany, the Eurozone, the UK, and the US. As has been the case for months now, services PMIs are expected to remain above 50, signaling expansion, while manufacturing PMIs should stay below - [Ethereum Defends $4,090 in Key Test of Support](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-defends-4090-in-key-test-of-support/) - In today’s technical analysis from the crypto space, all eyes are on Ethereum, where a crucial battle is unfolding around the $4,090 level. This zone, marked in red, was a long-term resistance that had held for months before finally breaking earlier in August. Now, the former ceiling is being retested as support — a classic - [Stock of the Day: Procter & Gamble](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-procter-gamble-6/) - In today’s stock of the day, let’s take a closer look at Procter & Gamble, which is setting up a strong technical case for buyers. The chart shows a classic inverse head and shoulders pattern, marked in yellow. This is one of the most reliable bullish reversal formations, and it is now playing out in - [Indices Under Pressure: Can Markets Recover From Tuesday’s Sell-Off?](https://axioryintelligence.com/news/daily-market-updates/indices-under-pressure-can-markets-recover-from-tuesdays-sell-off/) - Wednesday opens with all eyes firmly on the indices after a brutal sell-off yesterday. The drop was sharp enough to sour sentiment for the entire week, and the big question now is whether indices can stage any kind of recovery or if the bearish tone will continue to dominate. Futures are showing signs of hesitation, - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-40/) - In today’s stock of the day, I’d like to focus on Tesla, which recently gave traders a glimmer of optimism. On the 8th of August, the stock broke out to the upside from a symmetric triangle pattern, marked with red lines. That escape injected a positive sentiment into Tesla’s chart and hinted at the possibility - [S&P 500 Crashes Below Support: Bears in Control](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-crashes-below-support-bears-in-control/) - In today’s technical analysis, we have to focus on the recent sell-off on indices, with the S&P 500 leading the move. Yesterday’s American session brought a huge drop, leaving the chart in a clearly negative condition. The first bearish signs came as the price broke below the red horizontal support and the blue uptrend line. - [Tuesday Market Commentary: Eyes on Canadian Inflation, Retail Earnings in Focus](https://axioryintelligence.com/news/daily-market-updates/tuesday-market-commentary-eyes-on-canadian-inflation-retail-earnings-in-focus/) - Hello traders, welcome to Tuesday trading. Today brings a much busier calendar compared to the start of the week, with several market-moving events already underway. The spotlight this morning is on inflation data from Canada, due to be published shortly. Expectations point to a reading of 0.3%, and traders are bracing for potential volatility on - [Stock of the Day: Colgate-Palmolive](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-colgate-palmolive-3/) - In today’s stock of the day, let’s take a closer look at Colgate-Palmolive, which is stuck in a very negative technical setup. The broader picture shows a clear downtrend, with the price making consistent lower lows and lower highs — a textbook sign of bearish momentum. On August 13, the stock attempted to regain ground - [Nasdaq: Wedge Correction Ahead of Key Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-wedge-correction-ahead-of-key-breakout/) - In today’s technical analysis, we focus on NASDAQ, which has been in a bearish correction phase since August 13. After the recent upswing, the index is consolidating inside a wedge pattern marked with red lines. This tightening price action signals that a decisive breakout may be near. One level stands out: the yellow zone around - [Antipodeans Shine, Oil Slides: Monday Market Kickoff](https://axioryintelligence.com/news/daily-market-updates/antipodeans-shine-oil-slides-monday-market-kickoff/) - Hello traders, welcome to a new trading week. As is often the case, Monday opens with an empty calendar, so no key data is scheduled for today. That doesn’t mean the markets are quiet, though — we’re already seeing some notable moves as the European session kicks off. Starting with indices, European benchmarks are trading - [DAX Opens New Week With Bearish Pressure](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-opens-new-week-with-bearish-pressure/) - In today’s technical analysis, let’s look at the German DAX, which begins the new week under pressure. The weakness stems from the close of the previous week, where the index failed to sustain a breakout attempt above the blue resistance zone. Adding to the bearish tone, the price bounced off the pink horizontal resistance and - [Stock of the day: Trip Advisor](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-trip-advisor/) - In today’s stock of the day, let’s turn to TripAdvisor, which is currently testing a critical horizontal resistance around $18.40, marked with the upper pink line on the chart. This zone has been a decisive level for the stock, and the recent price action shows just how important it is. On the 8th of August, - [Stock of the day: Alibaba](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-alibaba-16/) - In today’s stock of the day, let’s take a closer look at Alibaba, which has just printed a very negative candlestick formation – the Abandoned Baby. This is a rare but powerful three-candle reversal pattern, and on the chart, it’s marked with green color. The setup is textbook: first, a strong bullish candle, then a - [EUR/AUD Breaks Rare Diamond Pattern – Upside in Sight](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-aud-breaks-rare-diamond-pattern-upside-in-sight/) - In today’s technical analysis, we’re taking a look at the long-term situation on EUR/AUD, using the H4 chart for context. What stands out is a rare but highly reliable diamond formation, marked with blue lines. This pattern has been developing for a considerable time, and in the second half of this week, we saw a - [From CPI Miss to PPI Shock: A Rollercoaster for the US Dollar](https://axioryintelligence.com/news/daily-market-updates/from-cpi-miss-to-ppi-shock-a-rollercoaster-for-the-us-dollar/) - Good morning traders! We head into the final session of the week after a Thursday packed with market-moving events. The spotlight yesterday was on the US Producer Price Index, which came in at a scorching 0.9% vs. 0.2% expected. That surprise triggered a sharp rally in the US dollar, with pairs across the board initially - [Volatility Rules as US PPI Shocks and Markets Whipsaw](https://axioryintelligence.com/news/daily-market-updates/volatility-rules-as-us-ppi-shocks-and-markets-whipsaw/) - Thursday is anything but quiet. We’ve seen sharp swings, fast reversals, and plenty of volatility — much of it driven by today’s data-heavy calendar. The action began overnight with jobs data from Australia, which landed largely in line with expectations. That was followed by GDP from the UK, which surprised to the upside and added - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-19/) - In today’s stock of the day, we’re looking at Ford, where a possible bullish reversal is taking shape. The stock has been climbing steadily since the start of August and is now just one step away from triggering a major buy signal. On the chart, an inverse head and shoulders formation — marked with a - [Two Key Supports Shattered on EUR/GBP](https://axioryintelligence.com/analysis/daily-technical-analysis/two-key-supports-shattered-on-eur-gbp/) - In today’s technical analysis, we’re focusing on the Euro to British Pound, where the charts are flashing a clear bearish signal. This week started with a decisive break of the red uptrend line — a structural support that had been holding the pair for weeks. That break alone tilted sentiment to the downside, but today’s - [Markets Rally as U.S. CPI Eases, Trump Turns Up Heat on Powell](https://axioryintelligence.com/news/daily-market-updates/markets-rally-as-u-s-cpi-eases-trump-turns-up-heat-on-powell/) - Hello traders, and welcome to Wednesday — the first full day of trading after a heavy run of macro events. Yesterday’s spotlight was firmly on the U.S. CPI report, which came in slightly softer than expected at 2.7% versus the forecast of 2.8%. The reaction was immediate: the U.S. dollar weakened, as the softer reading - [Stock of the day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-13/) - In today’s stock of the day, let’s take a look at Qualcomm — a stock that’s showing a sharp change in sentiment this month. The reversal is particularly interesting because July closed with a clear bearish setup. Back then, the chart displayed a Head and Shoulders pattern, marked with green lines and highlighted with a - [Cup and Handle Breakout Puts NZD/CAD in Buy Mode](https://axioryintelligence.com/analysis/daily-technical-analysis/cup-and-handle-breakout-puts-nzd-cad-in-buy-mode/) - In today’s analysis, let’s turn our attention to a less commonly traded pair – NZD/CAD – which has been climbing sharply over the past few days. The recent move higher has been technically driven, and on the chart, we can see a well-formed cup and handle pattern marked in yellow. This formation first defended the - [Markets Brace for U.S. CPI as Traders Stay on the Sidelines](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-u-s-cpi-as-traders-stay-on-the-sidelines/) - Hello traders, and welcome to what could be the most important day of the week. Tuesday’s calendar has one headline event dominating the agenda – U.S. inflation. The yearly CPI is expected to rise to 2.8%, while the monthly figure is forecast at 0.2%. With such a pivotal number on the horizon, market activity is - [Stock of the Day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-15/) - Today’s spotlight is on Netflix, where the technical picture is showing strong bullish momentum. The first key sign of strength came as the price moved back above the $1,180 resistance level marked in green. This breakout signals that buyers have regained control, turning a former barrier into a key support area. Adding to this bullish - [EUR/USD Awaits U.S. Inflation Data Amid Bearish Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-awaits-u-s-inflation-data-amid-bearish-setup/) - EUR/USD is setting up for an eventful session, with the upcoming U.S. inflation data expected to have a strong influence on the dollar and, by extension, this pair. Traders should keep that in mind as volatility could spike when the numbers are released. From a technical perspective, yesterday’s action saw the price escape from a - [Risk-On Mood Lifts U.S. Futures While Commodities Slide](https://axioryintelligence.com/news/daily-market-updates/risk-on-mood-lifts-u-s-futures-while-commodities-slide/) - Hello traders, welcome to a new week of trading. Monday’s macro calendar is empty, with no major data releases scheduled, leaving markets to move more on technicals than fundamentals. That will change quickly — Tuesday is set to be busy, starting early with the interest rate decision from Australia, so any positions opened today should - [Stock of the day: Home Depot](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-home-depot-4/) - In today’s stock of the day, we focus on HomeDepot, which last week delivered a clean breakout from a long-term symmetric triangle pattern marked with black lines. This formation had been compressing price action for months, and the upside break signals that buyers have regained control. The bullish case is reinforced by the fact that - [Flag and Pennant Formation Hint at Downside Risk for Aussie](https://axioryintelligence.com/analysis/daily-technical-analysis/flag-and-pennant-formation-hint-at-downside-risk-for-aussie/) - In today’s technical analysis, we turn our attention to the Australian dollar against the U.S. dollar, where the market is tightening ahead of a key move. Recent price action shows a bullish correction within a larger downtrend, forming a flag pattern marked with red lines. In technical terms, a flag within a downtrend usually favors - [Canadian Jobs Data in Focus for Friday](https://axioryintelligence.com/news/daily-market-updates/canadian-jobs-data-in-focus-for-friday/) - Friday morning opens with a mixed tone across global markets as the European session gets underway. Indices are holding on to their recovery gains from earlier in the week, but momentum appears to be slowing. American futures are flat to slightly positive, suggesting a cautious start ahead of the weekend. DAX remains steady after reclaiming - [Sideways Grind in USD/CHF Poised for Volatility Burst](https://axioryintelligence.com/analysis/daily-technical-analysis/sideways-grind-in-usd-chf-poised-for-volatility-burst/) - The American dollar to Swiss franc has spent the past several days moving sideways, locked inside a pennant formation marked with red lines. Volatility is steadily decreasing, and price action is compressing—often a precursor to a decisive breakout. The pair is now approaching the apex of this pennant, which means traders should prepare for a - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-39/) - Tesla, which we recently analyzed on the 4th of August, has delivered a textbook example of a bear trap. Back then, the price broke to the downside from a symmetric triangle pattern, triggering concerns of a deeper drop. We warned about the possibility of a false breakout, and that’s exactly what unfolded. The price quickly - [Stock of the Day: Manpower](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-manpower/) - Manpower continues to struggle inside a well-defined, long-term downtrend. The stock has been under sustained bearish pressure, and now it’s approaching a critical moment. Price is currently testing major horizontal support at $38, marked in red—a level that has held the line since May and was confirmed again in June. This isn't the first time - [GBP Awaits BoE Decision as Dollar Slips and Yen Gains Momentum](https://axioryintelligence.com/news/daily-market-updates/gbp-awaits-boe-decision-as-dollar-slips-and-yen-gains-momentum/) - Thursday finally brings some real weight to the macro calendar after a few relatively quiet days. The highlight of the day is the interest rate decision from the Bank of England, where a 25 basis point rate cut is expected. If delivered, this will lower the UK rate from 4.25% to 4.00%, potentially shaping the - [WTI Oil Under Pressure After Overnight Drop](https://axioryintelligence.com/analysis/daily-technical-analysis/wti-oil-under-pressure-after-overnight-drop/) - In today's analysis, we're focusing on WTI Oil, which experienced a sharp drop during the overnight session. The decline has been significant, but technically, the breakout that triggered it was not as clean as traders might expect. The dominant formation in recent days has been a red wedge pattern, which generally signals a bullish correction - [Markets Pivot Higher as European Equities Lead Rebound](https://axioryintelligence.com/news/daily-market-updates/markets-pivot-higher-as-european-equities-lead-rebound/) - Wednesday starts with renewed optimism across global markets. After last week’s sharp declines, indices are staging a strong recovery, and what’s notable is the leadership coming from Europe—specifically Germany’s DAX. For a change, European equities are outpacing their American counterparts, reversing the recent dynamic where Wall Street was consistently leading global sentiment. This rebound follows - [DAX: Key Resistance Breached, But Confirmation Needed](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-key-resistance-breached-but-confirmation-needed/) - Let’s revisit the DAX, where things are moving fast. Yesterday, the index was testing the key horizontal resistance around 23,900 points, and we saw a shooting star pattern form (marked in yellow), typically a bearish signal. But that signal failed. Today, DAX is pushing above the resistance, and at the moment, the price is breaking - [Stock of the Day: Walmart](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walmart-2/) - Walmart is setting up for a bullish continuation on the daily chart, where we can see the price escaping from a symmetric triangle pattern to the upside. While the lower boundary of the triangle can be drawn in two ways, the upper line has been the key resistance, and the breakout through it is the - [Reversal Gathers Pace, Dollar Dominates.](https://axioryintelligence.com/news/daily-market-updates/reversal-gathers-pace-dollar-dominates/) - Tuesday opens with a quiet calendar once again, mirroring the calm start to the week. The only notable macro figure today is the ISM Services PMI from the US, expected at 51.5. While low on volume, the figure could still influence market sentiment if it deviates from expectations. On the earnings front, a few names - [Stock of the Day: FedEx](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fedex-5/) - Today we spotlight FedEx, where a clear technical sell signal is unfolding. The overall structure here is bearish. The downtrend began in March, when the price broke a key horizontal support at $244. That breakdown triggered a sharp sell-off, pushing the price below $200. Since early April, we’ve seen a bullish correction, but that move - [DAX – Key Resistance Test Underway](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-key-resistance-test-underway/) - Today we focus on the DAX, which is currently undergoing a critical recovery test after last week's sharp decline. The German index is now retesting a major horizontal resistance level at 23,930 points, marked in blue. This area previously acted as a key support throughout the second half of July and was broken on August - [Markets on Edge After Index Meltdown: Can Bulls Rebound?](https://axioryintelligence.com/news/daily-market-updates/markets-on-edge-after-index-meltdown-can-bulls-rebound/) - We start the new week with a cloud hanging over the markets. The end of last week was brutal for global indices, with sharp declines across the board. The damage wasn’t just price-based—technical patterns turned bearish, with bearish engulfing formations appearing on both daily and weekly charts. That kind of setup raises the risk of - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-38/) - In today’s stock of the day, let’s take a look at Tesla, a trader-favorite that’s now showing its first technical crack. The chart reveals a symmetric triangle pattern, marked with green lines, that has been developing for several weeks. As of today, Tesla is breaking the lower boundary of this formation, and the breakout is - [S&P 500 Faces Pressure After Weekly Bearish Engulfing](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-faces-pressure-after-weekly-bearish-engulfing/) - In today’s technical analysis, we turn our attention to the S&P 500, which is flashing warning signs across multiple timeframes. Last week, we discussed the bearish engulfing pattern on NASDAQ’s daily chart. Now, a similar—but even more serious—signal has appeared on the weekly chart of the S&P 500. A large bearish engulfing candle, highlighted by - [Nasdaq Slips Below Trendline – Eyes on 22,900 Support](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-slips-below-trendline-eyes-on-22900-support/) - In today’s technical piece, we’re focusing on the Nasdaq, which is experiencing a notable downswing that raises red flags for bulls. The dominant feature on the daily chart is a bearish engulfing pattern, highlighted in a purple rectangle, that formed during yesterday’s session. This pattern is significant because it breaks through the black uptrend line - [Stock of the Day: Amazon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amazon-15/) - In today’s Stock of the Day, let’s look at Amazon, which published its earnings report yesterday after the market closed. While the earnings beat expectations, the forward guidance disappointed investors. As a result, Amazon is set to open around 7% lower, a sharp move that confirms a change in sentiment. Technically, this drop is significant. - [Markets Rattle as Trump Fires New Tariff Salvo Into Volatile Week](https://axioryintelligence.com/news/daily-market-updates/markets-rattle-as-trump-fires-new-tariff-salvo-into-volatile-week/) - Markets are waking up to elevated risk on Friday. A surprise announcement from Donald Trump, revealing new sweeping tariffs, has quickly rattled investor confidence—particularly as it hits on the eve of a key U.S. jobs report. Thursday brought a slew of data and high-profile earnings: German Preliminary CPI came in at 0.3%, slightly above expectations. - [Markets on Fire: GDP, Fed, and Big Tech Earnings Light Up Wall Street](https://axioryintelligence.com/news/daily-market-updates/markets-on-fire-gdp-fed-and-big-tech-earnings-light-up-wall-street/) - The markets are running hot this week, with back-to-back major events driving sharp moves across all asset classes. After a jam-packed Wednesday, Thursday is no less intense. Let’s start with yesterday. The spotlight was on central banks and U.S. macro data. Both the Bank of Canada and the Federal Reserve held rates steady, as expected. - [FOMC and GDP Hit Gold—Support Under Fire](https://axioryintelligence.com/analysis/daily-technical-analysis/fomc-and-gdp-hit-gold-support-under-fire/) - Gold has come under pressure this week, especially on Wednesday, following the stronger-than-expected US GDP data and a hawkish tone from the FOMC. Both events boosted the US dollar and lifted equity markets, which typically weigh on gold prices—and that’s exactly what happened. The yellow metal dropped sharply and reached a key dynamic support marked - [Stock of the Day: AstraZeneca](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-astrazeneca/) - AstraZeneca is showing strong bullish momentum following a solid earnings report. On Tuesday, before the market opened, the company released better-than-expected earnings figures. This news provided the fuel for a technical breakout that's been building for months. Looking at the weekly chart, we can see AstraZeneca trading inside a long-term symmetric triangle since 2022, marked - [Markets on Edge: Big Data and Bigger Earnings Ahead](https://axioryintelligence.com/news/daily-market-updates/markets-on-edge-big-data-and-bigger-earnings-ahead/) - Wednesday kicks off with high volatility and a packed calendar. The action started in the Asian session with inflation data from Australia, which came in weaker than expected. As a result, the Australian dollar is the weakest major currency this morning. We also received Germany's GDP, which landed in line with expectations — no surprises - [Stock of the Day: Visa](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-visa-11/) - Visa released its earnings yesterday after the market closed. While the numbers came in above expectations, the reaction has been negative. Visa closed the regular session down 1%, and pre-market trading shows an additional drop of 2%. That means the market isn’t buying the positive earnings — investors seem unconvinced. From a technical perspective, the - [WTI Oil Breaks Higher — Five-Week Highs Confirm Bullish Signal](https://axioryintelligence.com/analysis/daily-technical-analysis/wti-oil-breaks-higher-five-week-highs-confirm-bullish-signal/) - WTI Oil is having a very strong week. The price started Monday on local lows, but has since surged and is now trading at the highest levels since June 23rd — a five-week high. This clearly shows a return of bullish sentiment. The key technical development here is the breakout from the sideways range (marked - [Tuesday Opens Green as Earnings Roll In](https://axioryintelligence.com/news/daily-market-updates/tuesday-opens-green-as-earnings-roll-in/) - Traders, welcome to Tuesday. The market is gearing up for a busy week, and while the real macro fireworks start tomorrow, we already have a heavy earnings schedule to deal with today. Big names like Visa, Procter & Gamble, AstraZeneca, Merck, Booking, Boeing, and Starbucks are on deck to release earnings — some before the - [Stock of the day: Zoom Communications](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-zoom-communications/) - In today’s stock of the day, we’re taking a close look at Zoom Communications, which continues to follow a clean, textbook-style downtrend. The chart tells a consistent story — one of lower highs, lower lows, and technical corrections feeding into more selling. This decline didn’t come out of nowhere. In May, Zoom formed a flag - [Triangle Trap Reversed: CADCHF Targets Key Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/triangle-trap-reversed-cadchf-targets-key-resistance/) - In today's technical analysis, we’re looking at a less commonly traded but technically interesting pair — the Canadian Dollar to Swiss Franc (CADCHF). On the H4 chart, the price has been locked inside a symmetric triangle formation since the end of June, marked by converging blue lines. Triangles like this often act as continuation patterns, - [Strong Start: Stocks and Crypto Rally as Gold Tests Key Support](https://axioryintelligence.com/news/daily-market-updates/strong-start-stocks-and-crypto-rally-as-gold-tests-key-support/) - We’re starting the new trading week with strength across key markets. Cryptocurrencies are climbing after a volatile but ultimately bullish weekend. Friday brought a false breakout on Bitcoin, but buyers regained control, and the price pushed higher over the weekend. Momentum remains with the bulls as the new week begins. Indices are either at all-time - [Stock of the Day: Walmart](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walmart/) - Walmart has been trading sideways recently, consolidating inside a pennant formation marked with blue trendlines. This pattern reflects a period of indecision, and we’re now approaching the breakout point — a move that will define the next direction. Beneath the pennant, there are two key horizontal support levels marked with pink lines, which have held - [False Breakout Ignites Bullish Signal on Bitcoin](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-ignites-bullish-signal-on-bitcoin/) - In today’s technical analysis, we’re looking at Bitcoin, which wrapped up the previous week with a clear bullish signal. Since mid-July, Bitcoin has been moving sideways, forming a pennant pattern marked with blue lines — a classic setup that often ends in a breakout. Toward the end of last week, the price briefly broke to - [AUD/USD Rejected at Channel Top: Bearish Reversal in Play?](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-usd-rejected-at-channel-top-bearish-reversal-in-play/) - The Australian dollar to US dollar pair (AUD/USD) is at a critical technical juncture on the daily chart, with signs pointing toward a potential bearish reversal. Since April, the pair has been moving steadily inside a channel up formation, defined by red trendlines. This week, the price reached the upper boundary of the channel and - [Stock of the Day: Goldman Sachs](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-goldman-sachs-12/) - Goldman Sachs continues its impressive technical climb, maintaining a clean, well-structured uptrend since the beginning of April. The price action has followed a textbook rhythm — impulsive moves up, followed by consolidations, then breakouts to new highs. The first consolidation came in the form of an ascending triangle, which broke to the upside and triggered - [Euro Leads, Pound Lags as Markets Digest Thursday’s Slide](https://axioryintelligence.com/news/daily-market-updates/euro-leads-pound-lags-as-markets-digest-thursdays-slide/) - Markets open Friday digesting a mixed session on Thursday that brought a combination of soft economic data, earnings momentum, and a bizarre Powell-Trump press moment that added a touch of political theater to an otherwise macro-light week. Thursday’s session was packed on paper — with PMIs from major economies, an ECB decision, and earnings from - [Google Rallies, Tesla Slips, ECB in Focus as Markets Gear Up](https://axioryintelligence.com/news/daily-market-updates/google-rallies-tesla-slips-ecb-in-focus-as-markets-gear-up/) - Markets open Thursday with a clear sense of optimism, especially across stock indices, after a wave of key earnings reports yesterday. The standout names — Google, Tesla, T-Mobile US, and IBM — all posted results, and reactions are split across the board. Google beat expectations and is trading 2.4% higher in pre-market, fueling a bullish - [Stock of the Day: Uber](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-uber-2/) - Today we focus on Uber, which is inching closer to a major technical breakdown that could trigger a long-term sell signal. On the chart, we see a large Head & Shoulders formation, marked with a purple rectangle. This classic reversal pattern is a major red flag when it appears at the top of an extended - [Gold Rejected Again: Bearish Engulfing Signals Trouble](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-rejected-again-bearish-engulfing-signals-trouble/) - In today’s technical focus, we take a look at gold, where Monday’s session closed with a bearish engulfing pattern — a notable development given its placement on the long-term daily chart. The bearish engulfing, highlighted with a green rectangle, didn’t occur in isolation. It formed right on top of a major blue horizontal resistance level, - [Indices Rise on U.S.-Japan Deal, Eyes on Earnings](https://axioryintelligence.com/news/daily-market-updates/indices-rise-on-u-s-japan-deal-eyes-on-earnings/) - It’s Wednesday, and while the macro calendar is quiet, the markets are far from dull. The only economic release on the agenda today is existing home sales from the U.S., which makes it an unusually light Wednesday on the macro side. But the real focus is elsewhere — namely, in corporate earnings and geopolitical developments. - [Stock of the Day: Procter & Gamble](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-procter-gamble-5/) - Today’s stock spotlight is on Procter & Gamble (PG), where a potentially bullish setup is taking shape after a classic false breakout scenario. The chart shows a blue horizontal support level that had been holding for several weeks. Recently, price dipped below this level — appearing to break down — but the move quickly reversed. - [Flag Fails, Wedge Forms: NASDAQ Gears Up for Next Move](https://axioryintelligence.com/analysis/daily-technical-analysis/flag-fails-wedge-forms-nasdaq-gears-up-for-next-move/) - In today’s technical view, we’re breaking down the NASDAQ, which posted a negative session on Tuesday, raising the question: was it just a dip, or the beginning of a broader reversal? The session began inside a flag formation (marked with black lines), and an early breakout to the upside initially triggered a buy signal. However, - [Quiet Calendar, Cautious Moves](https://axioryintelligence.com/news/daily-market-updates/quiet-calendar-cautious-moves/) - Tuesday opens with a lighter macro calendar and cautious market sentiment across the board. Overnight, we had the monetary policy meeting minutes from the Reserve Bank of Australia, but the release had no clear impact on AUD, which continues to trade sideways in low volatility. The focus now shifts to scheduled speeches from Bank of - [Support Becomes Resistance? USD/JPY Hits Key Level After Break](https://axioryintelligence.com/analysis/daily-technical-analysis/support-becomes-resistance-usd-jpy-hits-key-level-after-break/) - In today’s technical setup, we’re watching USD/JPY, which is at a critical retest level following a break below the green uptrend line on Monday. That bearish break was a notable signal, but buyers are not surrendering just yet. As Tuesday’s European session kicks off, the American dollar is regaining strength, while the Japanese yen is - [Stock of the Day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-18/) - In today’s Stock of the Day, we’re focusing on Coca-Cola (KO), which is set to report earnings before the market opens. The setup on the chart makes the timing especially compelling. For the past several weeks, Coca-Cola has been trading sideways, forming a symmetrical triangle pattern marked with red lines. This kind of consolidation often - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-28/) - In today’s Stock of the Day, we’re taking a look at Apple (AAPL), which is once again setting up for a potential breakout — this time, from a tight pennant formation. Looking back, the chart shows a larger symmetrical triangle, marked with green lines, that ended with a bullish breakout in late June, triggering a - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-28/) - In today’s Stock of the Day, we’re taking a look at Apple (AAPL), which is once again setting up for a potential breakout — this time, from a tight pennant formation. Looking back, the chart shows a larger symmetrical triangle, marked with green lines, that ended with a bullish breakout in late June, triggering a - [GBP/USD: Pennant Builds as Price Clings to 1.337 Support](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-usd-pennant-builds-as-price-clings-to-1-337-support/) - In today’s technical setup, we’re watching Cable (GBP/USD) closely as it tests a major long-term support zone at 1.337, marked clearly in yellow on the chart. This level has held through multiple tests and continues to act as a critical battleground between bulls and bears. But the pressure is mounting. Price action has recently formed - [Markets Rebound After Risk-Off Friday, Yen Spikes on Japan Election News](https://axioryintelligence.com/news/daily-market-updates/markets-rebound-after-risk-off-friday-yen-spikes-on-japan-election-news/) - Hello traders, welcome to Monday. A new week brings fresh trading opportunities, and markets are opening with a cautious rebound after a worrying Friday close. Futures are in the green, suggesting a modest attempt at recovery. After Friday's broad risk-off session and a string of bearish daily candles, today’s bounce is a welcome change. Whether - [Friday Opens Quiet After Whipsaw Week, Earnings Reactions Mixed](https://axioryintelligence.com/news/daily-market-updates/friday-opens-quiet-after-whipsaw-week-earnings-reactions-mixed/) - Good morning traders, and welcome to Friday. After a week dominated by inflation data, surprise political headlines, and earnings beats, markets are now entering the final session with some hesitation and a slight shift in tone. Thursday was packed with action. The biggest story remained the fallout from Wednesday’s Trump–Powell firing rumor, which created a - [AUD/CHF Approaches Breakout Zone as Channel Down Slows](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-chf-approaches-breakout-zone-as-channel-down-slows/) - In today’s technical piece, we’re turning to a less frequently traded but currently interesting pair: Australian dollar to Swiss franc (AUD/CHF). While it might not be on every trader’s watchlist, the chart is shaping up for a potential breakout. Since mid-May, AUD/CHF has been moving within a well-defined channel down formation, marked with red trendlines. - [Stock of the Day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-37/) - In today’s Stock of the Day, we’re watching Tesla (TSLA), which is approaching a key inflection point as it compresses inside a symmetrical triangle — a setup that often precedes explosive movement. The pattern is defined by red trendlines, forming a long-term triangle with a smaller, more immediate triangle nested inside. Tesla is now nearing - [Markets Whipsaw on Powell Rumors, Focus Shifts to U.S. Data and Earnings](https://axioryintelligence.com/news/daily-market-updates/markets-whipsaw-on-powell-rumors-focus-shifts-to-u-s-data-and-earnings/) - Hello traders, and welcome to Thursday. If you're just opening your charts this morning, you might be wondering what happened — because yesterday was a textbook pump-and-dump scenario fueled by politics, rumor, and rapid reversals. The chaos began late in the European session and into the early U.S. session, when headlines broke that Donald Trump - [Bitcoin Pulls Back from Highs, Head and Shoulders Pattern Emerges](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-pulls-back-from-highs-head-and-shoulders-pattern-emerges/) - Bitcoin started the week on a tear, breaking into new all-time highs above $123,000 and pushing further into uncharted territory. But after that euphoric rally, the market has entered a bearish correction — and the current price structure is raising eyebrows. What we’re seeing now is the early formation of a head and shoulders pattern, - [Stock of the Day: Goldman Sachs](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-goldman-sachs-11/) - In today’s Stock of the Day, we’re looking at Goldman Sachs (GS), which reported earnings yesterday — and while the numbers beat expectations, the market reaction was muted. Goldman topped both EPS and revenue estimates, yet the stock rose by less than 1% on the day. That may have disappointed some bulls hoping for a - [GBP Jumps on Hot CPI, USD Holds Ground Ahead of PPI](https://axioryintelligence.com/news/daily-market-updates/gbp-jumps-on-hot-cpi-usd-holds-ground-ahead-of-ppi/) - Good morning, traders. It’s Wednesday, and markets are reacting to a second wave of inflation data after a busy Tuesday. Yesterday’s headline was U.S. CPI, which delivered a mixed but ultimately dollar-positive print. Core CPI came in below expectations. But the headline number surprised to the upside at 2.7% vs. 2.6% expected, giving the U.S. - [Stock of the day: UPS](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ups/) - In today’s Stock of the Day, we’re looking at UPS, which is presenting a clean and technically strong sell signal as bearish momentum continues to build. The chart shows a consistent downtrend, with price action forming lower highs and lower lows — a clear negative structure. Along the way, a small wedge developed and resolved - [EUR/CAD Drops Through Support After CPI — Bearish Signal Active](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-cad-drops-through-support-after-cpi-bearish-signal-active/) - In today’s technical analysis, we’re looking at EUR/CAD, which suffered a sharp drop following yesterday’s Canadian inflation release. The sell-off triggered a clear technical breakdown, and the chart now leans heavily in favor of the bears. The drop came with conviction, as the price broke through two major support levels — the first marked in - [Tuesday Watch: Earnings Roll In, Inflation Awaits, Bitcoin Slips](https://axioryintelligence.com/news/daily-market-updates/tuesday-watch-earnings-roll-in-inflation-awaits-bitcoin-slips/) - Hello traders, and welcome to Tuesday — finally a busy day on the calendar. Both the macro and earnings fronts are heating up, and the market is starting to respond. Let’s start with earnings. Today brings a full slate from the banking sector, with major players reporting before the U.S. market opens. On deck: JPMorgan, - [Stock of the Day: Cisco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-cisco-8/) - In today’s Stock of the Day, we’re watching Cisco (CSCO), which is showing early signs of technical weakness after a solid uptrend — and now looks vulnerable to further downside. At the top of the recent rally, price formed a diamond pattern, marked with red lines. This is a classic reversal structure, and Cisco has - [EUR/USD Builds Support Inside Flag, But No Buy Signal Yet](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-builds-support-inside-flag-but-no-buy-signal-yet/) - In today’s technical analysis, we’re watching EUR/USD, which continues to trade within a clearly defined channel down formation — a structure that’s been in place since the beginning of July. This formation, marked by blue trendlines, fits the profile of a flag correction — a classic consolidation pattern that often develops during a broader uptrend. - [DAX Tests Resistance Trio Inside Bearish Flag Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-tests-resistance-trio-inside-bearish-flag-formation/) - In today’s technical analysis, we’re taking a closer look at the DAX, which is showing early signs of strength as the new week begins — but still faces major obstacles before confirming a bullish reversal. The index is currently moving within a bearish correction, shaped as a flag pattern marked by black trendlines. This flag - [Monday Market Open: Indices Ease, Commodities Rise, Inflation Ahead](https://axioryintelligence.com/news/daily-market-updates/monday-market-open-indices-ease-commodities-rise-inflation-ahead/) - Hello traders, and welcome to Monday. The new week opens with a modest risk-off tone, as global indices slide from recent highs and traders position ahead of a busy stretch of macro data. American and European futures are both slightly lower to start the session. NASDAQ and S&P 500 are pulling back from last week’s - [Stock of the Day: Electronic Arts](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-electronic-arts/) - In today’s Stock of the Day, we’re watching Electronic Arts (EA), where the technical setup is shifting decisively — and not in favor of the bulls. Throughout 2025, EA has been climbing inside a rising wedge, with price action tightly contained between two black trendlines. The lower trendline had been acting as dynamic support, keeping - [UK GDP Disappoints, Markets Watch Trump Tariff Moves](https://axioryintelligence.com/news/daily-market-updates/uk-gdp-disappoints-markets-watch-trump-tariff-moves/) - Good morning traders. It’s Friday, and while the macro calendar remains light, markets are far from quiet. Thursday offered little in terms of data — just U.S. unemployment claims, which came in slightly better than expected at 227,000. But the real story was trade tension. Overnight, Donald Trump slapped Brazil with a 50% tariff, and - [Stock of the Day: Disney](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-disney-2/) - In today’s Stock of the Day, we’re looking at Disney (DIS), which is facing a critical technical test on the weekly chart. The price has now reached a key resistance level at $125, highlighted in green — a level that previously acted as a ceiling during 2024 and in the second half of 2022. With - [Oil Faces Make-or-Break Moment at Uptrend Line](https://axioryintelligence.com/analysis/daily-technical-analysis/oil-faces-make-or-break-moment-at-uptrend-line/) - In today’s technical analysis, we’re taking a close look at WTI Oil, which is approaching a critical technical moment — one that could open the door to a much deeper move lower. Right now, price is battling around a key black uptrend line, which has held as dynamic support for the past few months. But - [Light Data, Heavy Metals: Markets Drift as Copper and Palladium Surge](https://axioryintelligence.com/news/daily-market-updates/light-data-heavy-metals-markets-drift-as-copper-and-palladium-surge/) - Hello traders, and welcome to Thursday — a quiet day on the calendar, but not without key developments across markets. In terms of macroeconomic releases, today is as light as it gets. There are no Tier 1 data points, with the only notable release being U.S. unemployment claims, which came in slightly lower than expected - [NZD/USD Rejected at Resistance, Breakdown Confirms Bearish Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-usd-rejected-at-resistance-breakdown-confirms-bearish-setup/) - A lot is happening on the U.S. dollar today, and one of the most technically interesting charts right now is NZD/USD. After a brief recovery attempt, the pair appears to be resuming its dominant downtrend — and the setup is sending a clear warning to bulls. Throughout July, NZD/USD has been under consistent selling pressure. - [Stock of the day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-9/) - Today’s Stock of the Day is Costco (COST), which delivered a technically rich session on Wednesday and is now setting up for potential bullish continuation. Yesterday, the price action dipped below a key red horizontal support at $975, but the move was brief. Instead of following through to the downside, the price quickly reversed and - [RBNZ Holds, Yen Falls, and Copper Steals the Spotlight](https://axioryintelligence.com/news/daily-market-updates/rbnz-holds-yen-falls-and-copper-steals-the-spotlight/) - Hello traders — welcome to Wednesday. It’s been a busy day on the macro front, with several key developments shaping market direction. We started the day with inflation data from China, which came in mixed. Consumer inflation (CPI) surprised to the upside, while producer prices (PPI) came in below expectations. That left markets unsure of - [Stock of the day: Verizon Communications](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-verizon-communications/) - In today’s Stock of the Day, we’re focusing on Verizon Communications (VZ), which is sitting at a technically critical level — and shaping up for a potentially high-probability trade. Over the past several months, Verizon has been moving inside a symmetrical triangle, defined by clean blue trendlines. This pattern resolved in mid-June with a breakout - [Bitcoin Squeezes Into Symmetrical Triangle – Which Way Next?](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-squeezes-into-symmetrical-triangle-which-way-next/) - Bitcoin has gone quiet — but not for long. Since the start of July, the world’s leading cryptocurrency has been trading sideways, consolidating within a symmetrical triangle pattern. The structure, marked by converging blue trendlines, reflects a steady decline in volatility as price compresses toward the apex. This kind of setup typically precedes a significant - [Tuesday Kickoff: Aussie Dollar Pops, Indices Rebound, Tariffs Loom](https://axioryintelligence.com/news/daily-market-updates/tuesday-kickoff-aussie-dollar-pops-indices-rebound-tariffs-loom/) - The day kicked off with a surprise from the Reserve Bank of Australia. While most traders and analysts were positioned for a 25 basis point rate cut, the RBA decided to hold rates steady at 3.85%. This unexpected move immediately strengthened the Australian dollar, making it the strongest currency in the basket so far today. - [Technical Traders Eye EUR/GBP Breakout from Classic Wedge Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/technical-traders-eye-eur-gbp-breakout-from-classic-wedge-formation/) - EUR/GBP has been trading with remarkable technical clarity over the past two weeks, making it one of the more structured charts on the board right now. The pair remains in a steady uptrend, consistently respecting classical chart patterns — a sign that technical traders are in control. The current price action shows a clear sequence - [Stock of the day: AMD](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amd-16/) - Advanced Micro Devices (AMD) has long been a favorite among momentum traders, but its weekly chart is sending a clear message for long-term investors as well: the stock is following a familiar script — and the setup looks bullish. Looking at the bigger picture, AMD has repeatedly moved within downward-sloping channels — classic channel-down formations - [Tariffs Back on the Radar as Markets Open Mixed](https://axioryintelligence.com/news/daily-market-updates/tariffs-back-on-the-radar-as-markets-open-mixed/) - Hello traders, and welcome to a new trading week. The global focus shifts back to tariffs as U.S. President Donald Trump brings trade tensions back into the spotlight. Over the weekend, Trump confirmed that reciprocal tariffs, first floated back in April, will officially take effect on August 1st for countries that have not reached trade - [Stock of the Day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-15/) - In today’s stock of the day, let’s take a look at Johnson & Johnson, which is showing early signs of a potential breakout, but still lacks clear confirmation. The stock has been moving inside a symmetric triangle pattern, marked by converging black trendlines, and we’ve finally seen a first attempt to escape to the upside. - [EURUSD – Coiling Inside a Symmetric Triangle, Breakout Looms](https://axioryintelligence.com/analysis/daily-technical-analysis/eurusd-coiling-inside-a-symmetric-triangle-breakout-looms/) - In today’s technical analysis, we take a closer look at EURUSD, which has been locked in a sideways movement since the end of June. The pair is consolidating inside a symmetric triangle, marked clearly by narrowing highs and lows. Despite a heavy-hitting macro catalyst like last week’s non-farm payrolls, we still haven’t seen a decisive - [NFP surprise on Thursday drove U.S. indices to record highs and boosted the dollar](https://axioryintelligence.com/news/daily-market-updates/nfp-surprise-on-thursday-drove-u-s-indices-to-record-highs-and-boosted-the-dollar/) - Good morning, traders, and welcome to Friday — a relatively quiet one on the surface, but still buzzing with the aftershocks of Thursday’s big data releases. As expected, Thursday stole the spotlight this week, delivering a crucial set of U.S. labor market numbers earlier than usual due to today’s Independence Day holiday in the U.S. - [Ethereum: Bearish Pullback in a Bullish Structure](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-bearish-pullback-in-a-bullish-structure/) - Today’s analysis focuses on Ethereum (ETH), which has enjoyed a strong rally over the past several days. The latest move began with a clean breakout above the blue rectangle, a consolidation range that ETH had been trading within. This breakout was a clear bullish signal, confirming strength in the mid-term trend. However, things have changed - [Stock of the Day: Merck](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-merck-7/) - In today's stock spotlight, let's take a closer look at Merck (MRK), which appears to be just one step away from confirming a strong bullish breakout. The technical setup here is quite promising. The chart shows an inverse head and shoulders pattern, a classic reversal formation, clearly marked with a red rectangle. The price has - [Markets Hold Breath Ahead of NFP After ADP Shock](https://axioryintelligence.com/news/daily-market-updates/markets-hold-breath-ahead-of-nfp-after-adp-shock/) - Hello traders, and welcome to Thursday — a key day on the calendar with high-impact economic events that are set to shape market sentiment. Today’s main focus is the release of U.S. non-farm payrolls (NFP), which have been moved forward due to Independence Day tomorrow. The market is expecting an increase of 111,000 jobs, but - [Sideways Grind Continues for EUR/AUD as Traders Await Direction](https://axioryintelligence.com/analysis/daily-technical-analysis/sideways-grind-continues-for-eur-aud-as-traders-await-direction/) - In today’s technical analysis, let’s revisit the EUR to AUD pair, where we are still patiently waiting for a decisive breakout. The price action continues to coil tighter within a symmetric triangle formation, marked with black lines — a setup we initially highlighted back on June 26th. Since then, the pair has remained in consolidation - [Stock of the Day: General Motors](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-general-motors-7/) - In today’s stock spotlight, we take a look at General Motors, which has finally made a decisive technical move after months of consolidation. Since the start of the year, GM had been trading sideways within a well-defined symmetric triangle formation, marked by converging black trendlines. The price action grew increasingly compressed as volatility narrowed, a - [Dollar Fights Back](https://axioryintelligence.com/news/daily-market-updates/dollar-fights-back/) - Hello traders, and welcome to Wednesday — a day that holds the potential to be highly influential across global markets. Several key instruments are approaching critical technical zones, while the broader macro landscape continues to shape sentiment. Let’s begin with a quick recap of Tuesday’s data. The Eurozone CPI came in right in line with - [USD/JPY Forms Bullish Reversal Pattern at Key Support](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-forms-bullish-reversal-pattern-at-key-support/) - In today’s technical analysis, we turn our attention to the USD/JPY currency pair, which appears to be staging a meaningful recovery after several days of strong bearish pressure. What makes this rebound especially interesting is the location and structure behind it — it’s happening precisely at a critical horizontal support, marked with yellow, which has - [Stock of the Day: Waste Management](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-waste-management-2/) - Today’s stock in focus is Waste Management, which has been riding within a well-respected channel-up formation, defined by two black trendlines. The price action has consistently respected this rising structure, with the stock advancing steadily over recent weeks. At the beginning of June, the price tested the upper boundary of this channel, and now we’re - [Eurozone Inflation, Powell, and Bailey in Focus as July Trading Begins](https://axioryintelligence.com/news/daily-market-updates/eurozone-inflation-powell-and-bailey-in-focus-as-july-trading-begins/) - Hello traders, welcome to Tuesday, the first trading day of July — a month that historically tends to favor stocks. We're starting this month with optimism in the air, supported by upbeat sentiment across major indices and a packed macroeconomic calendar that could set the tone for the days ahead. Let’s quickly revisit Monday. The - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-27/) - In today's Stock of the Day, we turn our attention back to a major tech heavyweight that has been quiet for some time — Apple (AAPL). The reason for its silence? A lengthy period of sideways price movement that kept traders on the sidelines. Since April, Apple has been stuck in a well-defined triangle formation, - [NZD/USD: Support Confirmed, Eyes on Final Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-usd-support-confirmed-eyes-on-final-resistance/) - In today's technical analysis, we focus on the New Zealand dollar to American dollar pair, which is showing strong bullish momentum amid continued weakness in the U.S. dollar. The American dollar has been on the back foot across the board recently, and this decline is especially evident on NZD/USD, which is now trading at long-term - [Markets Kick Off With Momentum as June Comes to a Close](https://axioryintelligence.com/news/daily-market-updates/markets-kick-off-with-momentum-as-june-comes-to-a-close/) - Hello traders, and welcome to the final trading day of June. Unlike the usual quiet start to the week, this Monday kicks off with a healthy dose of action both in the calendar and across the markets. It's not just any week either — this one is shortened due to the U.S. Independence Day holiday - [Stock of the Day: AMD](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amd-15/) - AMD recently broke out from a prolonged consolidation phase, fueled by a classic inverse head and shoulders pattern marked with yellow rectangles. This bullish reversal pattern signaled the potential for a significant upside move once the neckline—marked in black—was broken. That breakout happened on the 16th of June. The price surged above the neckline, triggering - [Silver Holds the Line: Bulls Defend Critical Neckline](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-holds-the-line-bulls-defend-critical-neckline/) - The new week begins with a compelling technical landscape on silver, offering traders a clear framework for decision-making. The precious metal is currently trading within the structure of a classic head and shoulders pattern, with the formation clearly marked by yellow rectangles on the chart. As trading resumed after the weekend, silver immediately retested the - [Indices Rally Into Friday, Oil and Dollar Struggle to Recover](https://axioryintelligence.com/news/daily-market-updates/indices-rally-into-friday-oil-and-dollar-struggle-to-recover/) - We are closing out an extremely volatile week, but sentiment is currently leaning positive. Thursday brought important macro data and another wave of strong moves across various markets. Most notably, the US GDP disappointed, coming in at –0.5%, which was significantly below expectations. However, this was offset by an exceptionally strong durable goods orders reading, - [Stock of the Day: CBOE Global Markets](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-cboe-global-markets/) - In today’s stock of the day, let’s take a closer look at CBOE Global Markets, which has been trading in a sideways consolidation phase. This period of indecision is captured within a symmetrical triangle pattern, clearly marked with green lines on the chart. The price is steadily approaching the apex of the triangle, suggesting that - [AUD/JPY False Breakout Hints at Bearish Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-jpy-false-breakout-hints-at-bearish-reversal/) - In today's analysis, we revisit the Australian dollar to Japanese yen (AUD/JPY) pair, which we last examined on June 25th. At that time, the price was approaching a potential breakout point from a well-defined symmetric triangle and a horizontal rectangle pattern. The breakout did come—but not in the way bulls would have hoped. During the - [Ceasefire Intact, But Dollar Rattled by Trump Comments](https://axioryintelligence.com/news/daily-market-updates/ceasefire-intact-but-dollar-rattled-by-trump-comments/) - The ceasefire between Israel and Iran continues to hold, which supports a generally positive market sentiment—particularly for equities. However, we now have a new element influencing markets: the growing tension between Donald Trump and Jerome Powell. Trump has publicly stated that he may accelerate the process of naming a successor to Fed Chair Powell as - [Stock of the Day: FOX Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fox-corporation-4/) - In today’s stock of the day, I’d like to revisit FOX Corporation, a setup I highlighted back on June 18. At the time, the price was trading within a tight flag formation, and we were awaiting a breakout to the upside. That breakout materialized at the end of the previous week, and this week, price - [Bearish Pattern Building in EUR/AUD: Is the Trend Turning?](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-pattern-building-in-eur-aud-is-the-trend-turning/) - In today’s technical analysis, let’s take a closer look at EUR/AUD, where we may be witnessing the beginning of a trend reversal. The chart shows a series of bearish correction patterns (marked with black lines) forming within a prevailing uptrend—classic setups that have played out successfully. However, at the top of this move, we now - [Ceasefire Boosts Risk Appetite: Markets Rally as Tensions Ease](https://axioryintelligence.com/news/daily-market-updates/ceasefire-boosts-risk-appetite-markets-rally-as-tensions-ease/) - This midweek session opens with a strong risk-on mood, fueled by reports that the ceasefire between Israel and Iran appears to be holding. Markets are responding positively to the easing geopolitical tensions, and indices are pushing significantly higher across the board. Let’s first take a look at the economic calendar. Yesterday, we received inflation data - [AUD/JPY Tests Key Resistance Inside a Triangle Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-jpy-tests-key-resistance-inside-a-triangle-formation/) - Today we turn our attention to the Australian dollar versus Japanese yen (AUD/JPY), where the pair is currently approaching a key resistance zone within a well-defined technical setup. The price has been consolidating inside a symmetric triangle pattern, outlined with black trendlines. At the moment, AUD/JPY is trading in the upper half of this formation - [Stock of the Day: Colgate-Palmolive](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-colgate-palmolive-2/) - In today's stock of the day, let’s take a look at Colgate-Palmolive, which is approaching a critical technical juncture. The stock has been consolidating within a well-defined symmetric triangle pattern, outlined by black trendlines. This narrowing range suggests that a significant move is on the horizon, and we are now getting close to the breakout - [Risk-On Sentiment Surges Amid Ceasefire Confusion](https://axioryintelligence.com/news/daily-market-updates/risk-on-sentiment-surges-amid-ceasefire-confusion/) - Hello traders, welcome to Tuesday. The new trading day opens with strong risk-on sentiment, despite the confusion and uncertainty surrounding the geopolitical narrative. The big story is a supposed ceasefire between Iran and Israel—announced not through official diplomatic channels, but via a social media post by Donald Trump. The problem? No timeline was provided, no - [EUR/USD Tests Key Resistance at 1.1615: Breakout or Rejection?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-tests-key-resistance-at-1-1615-breakout-or-rejection/) - In today’s technical analysis, we turn our focus to EUR/USD, which is currently engaged in a critical test of a long-term horizontal resistance at 1.1615, marked with yellow. This level, the top from mid-June, is now being retested and serves as a pivotal barrier for further upside momentum. The broader sentiment on the pair remains - [Stock of the Day: PepsiCo](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pepsico-8/) - In today's stock of the day, I would like to highlight PepsiCo, which remains in a strong, well-defined long-term downtrend. The trend is very technical, characterized by a series of short corrections followed by decisive bearish continuations. Each consolidation pattern — including a flag and then a pennant, both marked with black lines — has - [Stock of the Day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-17/) - In today’s stock of the day, let’s take a closer look at Coca-Cola (KO), where a rare but highly reliable technical pattern has emerged — a diamond formation. This pattern, marked clearly with blue boundaries on the chart, is known for signaling either a trend continuation or a trend reversal, depending on the direction of - [Bitcoin’s V-Shaped Reversal Signals Bulls Are Back in Control](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoins-v-shaped-reversal-signals-bulls-are-back-in-control/) - In today’s technical analysis, let’s take a closer look at Bitcoin. Over the weekend, the price dropped sharply amid intensifying fears of war escalation between Israel, Iran, and potentially the U.S. However, as the trading day opened on Monday, Bitcoin staged an impressive comeback, aiming to erase nearly all of those losses. Technically, the price - [Geopolitical Shock Absorbed: Yen Sinks, Equities Recover](https://axioryintelligence.com/news/daily-market-updates/geopolitical-shock-absorbed-yen-sinks-equities-recover/) - Hello, traders! Welcome to a new trading week following a dramatic and geopolitically charged weekend. Over the past 48 hours, tensions in the Middle East escalated sharply with the United States entering the conflict between Israel and Iran. Initial fears of a prolonged U.S. involvement gripped the markets. However, it now appears that the American - [Nasdaq Holds the Line: Bulls Defend Crucial Support](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-holds-the-line-bulls-defend-crucial-support/) - In today’s technical analysis, let’s focus on the NASDAQ, which is currently navigating a critical juncture on the chart. The index has just defended a key horizontal support level, highlighted in yellow, sitting slightly below the 21,500-point mark. This area represents the neckline of a massive head and shoulders formation, outlined by green rectangles. Had - [Stock of the day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-9/) - In today’s stock of the day, let’s take a closer look at Pfizer, which remains in a long-term downtrend that’s been unfolding with remarkable technical clarity since May 2024. The chart shows a clear sequence of consolidation and continuation patterns—first a triangle, followed by another triangle, and now, a wedge. All of these formations are - [Markets Open Green After Choppy Thursday](https://axioryintelligence.com/news/daily-market-updates/markets-open-green-after-choppy-thursday/) - We’re stepping into the final trading day of the week following a volatile and headline-driven Thursday. While much of the week was shaped by central banks and geopolitical noise, Thursday brought a dense mix of macro data and subdued liquidity—with U.S. markets closed for a public holiday. The day started early with mixed signals from - [Central Banks in Focus: SNB and BoE Ahead After Fed Stays Put](https://axioryintelligence.com/news/daily-market-updates/central-banks-in-focus-snb-and-boe-ahead-after-fed-stays-put/) - Hello traders, and welcome to Thursday’s session. We are trading in the aftermath of the closely watched FOMC decision on Wednesday. As expected, the Federal Reserve left interest rates unchanged. However, what caught market attention was the Fed’s outlook: inflation is still expected to remain elevated, and economic growth forecasts have been trimmed. The dot - [EUR/AUD Prepares for Takeoff: Dual Flag Formation Near Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-aud-prepares-for-takeoff-dual-flag-formation-near-breakout/) - In today’s technical analysis, EUR/AUD presents a textbook bullish setup, showcasing a clear and disciplined price structure. What stands out is the presence of two continuation patterns – depending on interpretation, they can be considered either flags or wedges. From a purist’s view, flags require parallel trendlines, while wedges allow for some convergence. However, in - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-36/) - In today's stock of the day, let’s take a closer look at Tesla, which is once again caught in a sideways consolidation pattern. The current price action mirrors previous setups from April and May, where similar rectangles formed before eventually resolving with bullish breakouts. These consolidation phases are marked with purple rectangles on the chart, - [Quiet Markets Ahead of Key FOMC Decision](https://axioryintelligence.com/news/daily-market-updates/quiet-markets-ahead-of-key-fomc-decision/) - Hello traders, and welcome to FED Wednesday — the most anticipated day of the week for global markets. The U.S. Federal Reserve is set to announce its interest rate decision later today, accompanied by the FOMC statement and a press conference from Chair Jerome Powell. While no change to the benchmark rate is expected, traders - [Bearish Signals Dominate GBP/USD Ahead of Fed Decision.](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-signals-dominate-gbp-usd-ahead-of-fed-decision/) - In today’s technical analysis, let’s take a closer look at Cable — the British Pound against the American Dollar — which continues to show signs of technical weakness, especially following yesterday’s decline. On the H4 chart, a clear triple top formation has emerged, with a neckline marked in black. This neckline was already broken earlier - [Stock of the Day: FOX Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fox-corporation-3/) - In today’s stock of the day, I would like to discuss the setup developing on FOX Corporation. Since mid-May, the price action has been consolidating within a clearly defined flag formation, marked by parallel black trendlines. This pattern comes after a prior bullish impulse, making it a textbook continuation setup—typically favoring a breakout to the - [Stock of the Day: FOX Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fox-corporation-3/) - In today’s stock of the day, I would like to discuss the setup developing on FOX Corporation. Since mid-May, the price action has been consolidating within a clearly defined flag formation, marked by parallel black trendlines. This pattern comes after a prior bullish impulse, making it a textbook continuation setup—typically favoring a breakout to the - [Cautious Optimism as Ceasefire Hopes Grow](https://axioryintelligence.com/news/daily-market-updates/cautious-optimism-as-ceasefire-hopes-grow/) - Today’s session began with the Bank of Japan’s interest rate decision, where rates were left unchanged. Despite the usual anticipation around monetary policy updates, the event didn’t spark much volatility. The yen showed slight strength during the Asian session but has since flattened out, with no significant directional movement. The bigger story remains the ongoing - [Stock of the day: Verizon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-verizon-5/) - In today’s stock of the day, let’s focus on Verizon, which finally made a decisive move after weeks of consolidation. The breakout came on Thursday, and it was to the downside—an outcome that likely favors sellers in the near term. For several weeks, Verizon had been trading within a symmetric triangle pattern, marked by converging - [Long-Term NZD/USD Trend Meets Short-Term Reversal Risk](https://axioryintelligence.com/analysis/daily-technical-analysis/long-term-nzd-usd-trend-meets-short-term-reversal-risk/) - In today’s technical analysis, let’s take a closer look at the New Zealand Dollar to US Dollar (NZD/USD) currency pair, which continues to move in a well-defined long-term uptrend. Since early May, the price has been consistently supported by a rising black trendline, reflecting sustained bullish momentum for the Kiwi. However, the pair is now - [Markets Open Calm Despite Middle East Tensions](https://axioryintelligence.com/news/daily-market-updates/markets-open-calm-despite-middle-east-tensions/) - Hello traders, and welcome to Monday — the start of a new but shorter trading week, with market closures expected on Thursday. Despite elevated geopolitical tensions following the ongoing conflict between Israel and Iran, the markets opened with relative calm, defying expectations of dramatic weekend gaps. Let’s begin with the economic calendar. From China, we’ve - [EUR/USD Builds Bullish Base with Inverse Head and Shoulders](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-builds-bullish-base-with-inverse-head-and-shoulders/) - In today’s technical analysis, we’re focusing on EUR/USD, which is building the foundation for a potentially strong buy signal. The chart structure reveals a classic inverse head and shoulders formation, highlighted in blue — a bullish reversal pattern. However, the setup is still incomplete, and confirmation is pending. What makes this pattern particularly interesting is - [Stock of the day: Garmin](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-garmin-10/) - In today’s stock of the day, let’s turn our attention to Garmin, which is currently showing signs of technical weakness and a potential bearish setup on the chart. The most striking feature is the horizontal support level around $205, marked with a pink line. This level acted as strong support throughout previous months, but in - [Safe Havens Surge as Israeli Strike Shakes Global Sentiment](https://axioryintelligence.com/news/daily-market-updates/safe-havens-surge-as-israeli-strike-shakes-global-sentiment/) - Markets are opening today under heavy pressure following a dramatic overnight escalation in the Middle East. The tone has shifted entirely from cautious optimism earlier in the week to heightened risk aversion, triggered by news of an Israeli military strike on Iranian territory. Prime Minister Netanyahu confirmed that the operation is ongoing, stating that it - [False Breakout Hints at Bearish Shift for EUR/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-hints-at-bearish-shift-for-eur-usd/) - In today's technical outlook, let's turn to EUR/USD, which—despite being modestly affected by the Israeli strike on Iran—remains largely driven by technical factors rather than panic or geopolitical volatility, as we’ve seen with oil. Currently, the chart suggests a potential double top formation, with the first peak appearing in early April, marked by a green - [Stock of the Day: Lockheed Martin](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-lockheed-martin-6/) - In today's Stock of the Day, let's focus on Lockheed Martin, which is drawing strong attention in the pre-market session—up 4.6%—following a significant geopolitical event: Israel’s overnight military strike on Iran. Historically, large defense and military contractors like Lockheed Martin see bullish momentum in times of rising global conflict, and this time is no different. - [Inflation Miss Rocks Dollar, Safe Havens Surge](https://axioryintelligence.com/news/daily-market-updates/inflation-miss-rocks-dollar-safe-havens-surge/) - Hello, traders. Welcome to Thursday. Markets are opening into a wave of volatility after yesterday's major economic event: the U.S. inflation report. The Consumer Price Index (CPI) came in lower than expected, delivering a surprise miss that quickly rippled across all major assets. The market's reaction was swift and clear—the U.S. dollar weakened significantly, reflecting - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-26/) - In today’s stock of the day, let’s focus on Apple. The tech giant recently unveiled its new iOS update, but judging by the market’s reaction, investors aren’t exactly blown away. Price action remains muted, and Apple continues to consolidate within a symmetric triangle pattern, which has been forming since April. This pattern, marked clearly by - [Key Retest for Ethereum: Bounce or Breakdown?](https://axioryintelligence.com/analysis/daily-technical-analysis/key-retest-for-ethereum-bounce-or-breakdown/) - In today's technical analysis, let's focus on Ethereum, which has just completed a significant technical move. After weeks of sideways consolidation inside a rectangle formation that began in mid-May, the price has broken out to the upside, providing a strong signal of bullish intent. However, the real test lies just ahead. Ethereum is now approaching - [Markets Brace for U.S. Inflation Data as Risk Appetite Fades](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-u-s-inflation-data-as-risk-appetite-fades/) - Hello traders, and welcome to Wednesday’s session. The spotlight today is firmly on one key event: inflation data from the United States. Markets are bracing for the release, with expectations set at 0.2% month-over-month and a slight rise to 2.5% year-over-year. This figure will be critical for shaping expectations around future Fed policy moves, especially - [Stock of the day: Shopify](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-shopify/) - In today’s technical spotlight, Shopify finds itself at a crucial crossroads. The stock has been shaping a large inverse head and shoulders pattern—an established bullish reversal formation—marked clearly with blue rectangles. After forming the left shoulder in early spring, the head in late April, and the right shoulder more recently, Shopify is now pressing up - [Crude Challenge: Brent Reaches April Highs, Faces Strong Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/crude-challenge-brent-reaches-april-highs-faces-strong-resistance/) - Oil markets experienced a significant surge on Monday, with Brent crude climbing to its highest level since the second half of April. The price tested a crucial resistance zone near $68.5—a level that previously served as support in March and later as resistance in April. This historical relevance makes it a highly influential technical barrier, - [Safe Havens Surge as Pound Slips: A Volatile Tuesday Open](https://axioryintelligence.com/news/daily-market-updates/safe-havens-surge-as-pound-slips-a-volatile-tuesday-open/) - The new trading day kicks off with a mix of risk-off sentiment and sector-specific momentum. Let’s break it down. Indices remain in positive territory, generally trading on the green side of the market. However, a notable dip occurred at the tail end of the Asian session.. But as European markets opened, we’ve seen a solid - [Dollar Index Holds Key Support After Liquidity Sweep](https://axioryintelligence.com/analysis/daily-technical-analysis/dollar-index-holds-key-support-after-liquidity-sweep/) - In today’s technical analysis, let’s take a closer look at the Dollar Index (DXY), which has recently been moving sideways but is shaping up a potentially decisive formation. The current structure resembles a descending triangle, with a firm horizontal blue support acting as the base, and a dynamic downtrend line marked in black compressing the - [Stock of the Day: Intel](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-intel-9/) - In today’s Stock of the Day, I would like to focus on Intel, which is currently locked in a descending triangle pattern, a structure that typically hints at a potential bearish continuation—but can surprise in either direction. The setup is well defined. The horizontal support, marked in blue, has been tested multiple times and remains - [Cautious Optimism in Markets as Indices Hover Near Highs](https://axioryintelligence.com/news/daily-market-updates/cautious-optimism-in-markets-as-indices-hover-near-highs/) - Hello traders, and welcome to a fresh week of trading. We begin the week on a relatively calm note when it comes to economic data, as the calendar is noticeably lighter compared to recent sessions. However, the few pieces of data we’ve already received are drawing attention, especially from China. Chinese inflation figures kicked off - [USD/JPY Squeezed in Symmetric Triangle: Breakout Imminent](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-squeezed-in-symmetric-triangle-breakout-imminent/) - The current chart of USD/JPY is dominated by two major technical levels—the green lines forming a symmetric triangle pattern. This formation is now defining the entire price action on the pair and will likely dictate the next major move. On the downside, we have the lower green line, which served a dual role: it acted - [Stock of the day: Wayfair](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wayfair-7/) - In today's technical analysis, we’re taking a closer look at Wayfair, which is currently showing a strong bullish setup backed by multiple technical breakouts. The stock is delivering a clear buy signal that could mark the beginning of a longer-term uptrend. At the center of this bullish scenario is an inverse head and shoulders pattern, - [Friday Market Pulse: After Tesla’s Tumble, Eyes on Jobs Data](https://axioryintelligence.com/news/daily-market-updates/friday-market-pulse-after-teslas-tumble-eyes-on-jobs-data/) - We’re opening the final trading session of the week with a cautious tone, as global markets digest Thursday’s volatile session. Thursday delivered a mix of soft macro data, policy shifts, and headline-driven shocks—none more dramatic than the 15% plunge in Tesla, triggered by the escalating fallout between Elon Musk and Donald Trump. The big event - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-35/) - The spotlight on Thursday’s session was firmly fixed on the dramatic fallout between two of the most influential figures in American business and politics—Donald Trump and Elon Musk. What seemed like a promising partnership is now crumbling publicly, and the market took notice. Tesla, arguably the crown jewel of Musk’s business empire, felt the impact - [Ethereum Slides as Bitcoin Break Sparks Broader Sell-Off](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-slides-as-bitcoin-break-sparks-broader-sell-off/) - Hello traders, in today’s technical analysis, I’d like to shift the spotlight to Ethereum, which—like its bigger sibling Bitcoin—has found itself under increasing bearish pressure. We recently discussed the situation on Bitcoin, highlighting the possibility of a larger drop due to a head and shoulders pattern forming on the chart. That scenario played out yesterday, - [Risk-On Sentiment Defies Weak Data as ECB Takes the Stage](https://axioryintelligence.com/news/daily-market-updates/risk-on-sentiment-defies-weak-data-as-ecb-takes-the-stage/) - Markets are opening the European session with a wave of optimism, continuing the upbeat tone set on Wednesday. That upbeat tone, interestingly, came in sharp contrast to a string of disappointing economic data released throughout the day. Despite clear signs of a cooling economy, especially from the U.S., stock traders chose to look past the - [BTC Holds Above Neckline – For How Long?](https://axioryintelligence.com/analysis/daily-technical-analysis/btc-holds-above-neckline-for-how-long/) - In today’s technical breakdown, let’s focus on Bitcoin, which is currently undergoing a correction phase after printing new all-time highs above $111,000. The recent price action suggests that the bullish momentum is weakening, and we might be facing a deeper pullback if key support levels break. Firstly, the blue uptrend line, which had guided Bitcoin’s - [Stock of the day: SNAP](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-snap/) - In today’s technical spotlight, we examine Snapchat (SNAP), which has been in a consolidation phase since early March. The stock is locked inside a symmetrical triangle pattern, formed by converging blue trendlines—a setup that typically precedes a decisive breakout. Over the past several weeks, price action has remained confined within this narrowing structure, reflecting growing - [Markets Open Green as Optimism Carries into Wednesday](https://axioryintelligence.com/news/daily-market-updates/markets-open-green-as-optimism-carries-into-wednesday/) - We begin the day with a clearly positive sentiment across the markets. The European session opens in the green, taking cues from yesterday’s strong performance. Futures across the board are climbing, pointing to continued optimism and risk appetite among investors. On the currency front, safe-haven currencies like the Japanese Yen and the Swiss Franc are - [Stock of the day: Visa](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-visa-10/) - In today’s analysis, we turn our attention to Visa, which is approaching a potentially critical moment on the chart. The price is nearing a key horizontal resistance zone, marked in green, located just below the $370 level. This area isn’t just a random price ceiling—it’s the top of a “Cup and Handle” pattern, a well-known - [Key Rejection at Neckline Leaves USD/JPY Buyers in Control](https://axioryintelligence.com/analysis/daily-technical-analysis/key-rejection-at-neckline-leaves-usd-jpy-buyers-in-control/) - In today’s technical breakdown, we take a closer look at USD/JPY, which currently finds itself at a pivotal level. The chart presents a large Head and Shoulders pattern, marked in green, with the blue neckline acting as critical support. Yesterday was a defining moment for this pair, as price action brought us into direct contact - [Markets Tug Between Bears and Bulls After Sharp Open](https://axioryintelligence.com/news/daily-market-updates/markets-tug-between-bears-and-bulls-after-sharp-open/) - The macroeconomic calendar today is relatively busy. We’ve already received CPI data from Switzerland, which—as is often the case with Swiss numbers—delivered no surprises, landing right in line with expectations at 0.1%. Switzerland continues to maintain its reputation for data stability. Looking ahead, we’re waiting on flash CPI estimates from the Eurozone, which could stir - [Stock of the day: United Airlines](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-united-airlines/) - In today’s stock of the day, let’s turn our attention to United Airlines, where a compelling bullish setup is taking shape on the chart. The structure in focus is an inverse head and shoulders pattern, a classic formation that typically signals a reversal of a previous downtrend and a potential shift in momentum. This setup - [Critical Neckline Test: Will AUD/JPY Trigger a Sell Signal?](https://axioryintelligence.com/analysis/daily-technical-analysis/critical-neckline-test-will-aud-jpy-trigger-a-sell-signal/) - In today’s technical analysis, we take a close look at the Australian Dollar to Japanese Yen (AUD/JPY) pair, which is currently shaping up a classic bearish head and shoulders pattern. This formation is highlighted with a blue rectangle on the chart and is drawing significant attention as price action tightens near a key support level. - [Buyers Regain Control: Inverse Head and Shoulders on Gold](https://axioryintelligence.com/analysis/daily-technical-analysis/buyers-regain-control-inverse-head-and-shoulders-on-gold/) - Gold is presenting a complex but technically intriguing setup. Last week, the precious metal was driven by a classic head and shoulders pattern, marked in green. This formation broke through the red neckline, generating a short-term sell signal that looked promising at first. However, the move quickly lost steam, and buyers stepped back in, reversing - [Strong Start to the Week: Oil Gaps Higher, Copper Surges, Eyes on Powell](https://axioryintelligence.com/news/daily-market-updates/strong-start-to-the-week-oil-gaps-higher-copper-surges-eyes-on-powell/) - Hello Traders, welcome to Monday. Unlike typical Mondays that tend to start slow, today brings a surprisingly active calendar. The spotlight is on Switzerland’s GDP, expected at 0.4%, followed by the ISM Manufacturing PMI from the U.S., forecasted at 49.3. The session will wrap up with a speech from Federal Reserve Chair Jerome Powell, which - [Stock of the day: Verizon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-verizon-4/) - In today’s technical spotlight, we take a closer look at Verizon Communications, where a potentially pivotal trading opportunity is on the horizon. The stock has been consolidating for several weeks and is now trading within the boundaries of a symmetric triangle pattern, defined by converging black trendlines. This classic pattern typically precedes a volatile breakout - [Ethereum Breakdown Looms After Shooting Star Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-breakdown-looms-after-shooting-star-reversal/) - In today's technical analysis, I would like to focus on cryptocurrency, and Ethereum in particular. On the chart, we can identify an ascending triangle pattern, a classic formation characterized by a horizontal resistance (marked in yellow) and a rising dynamic support (marked with a black line). This setup is typically bullish and implies growing buying - [Equities Slide Post-NVIDIA, Eyes Now on Inflation Data](https://axioryintelligence.com/news/daily-market-updates/equities-slide-post-nvidia-eyes-now-on-inflation-data/) - We are starting the European session in a rather cautious mood following a volatile Thursday that disrupted the earlier risk-on sentiment. The major story yesterday was a sharp reversal in equities, especially in the U.S., where indices dropped significantly despite upbeat economic data. The better-than-expected U.S. GDP reading (+0.3% vs. -0.3% expected) was overshadowed by - [Stock of the day: Waste Management](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-waste-management/) - In today’s stock of the day, let’s take a closer look at Waste Management (WM), which is nearing a potential long-term buy signal. The stock is currently moving within the bounds of an ascending triangle pattern—a classic bullish formation. This pattern is formed by a steadily rising black uptrend line, which acts as dynamic support, - [NVIDIA’s Earnings Fuel Global Market Optimism](https://axioryintelligence.com/news/daily-market-updates/nvidias-earnings-fuel-global-market-optimism/) - The European session opens today with clear signs of risk-on sentiment dominating the markets. But before diving into today’s action, let’s quickly recap what happened yesterday. The FOMC meeting minutes, released on Wednesday, turned out to be a non-event. Markets barely reacted, as investors were clearly focused on something bigger: earnings from NVIDIA. NVIDIA's earnings - [Stock of the day: Wayfair](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wayfair-6/) - In today’s stock of the day, I would like to spotlight Wayfair, which is showing increasing bullish momentum and a proper technical signal to buy. On the chart, we can clearly see the formation of an inverse head and shoulders pattern, marked with yellow shading. This classic reversal setup has already been confirmed by a - [Cracks in the Trend? Bitcoin Breaks Uptrend Line](https://axioryintelligence.com/analysis/daily-technical-analysis/cracks-in-the-trend-bitcoin-breaks-uptrend-line/) - Bitcoin, which recently soared to new all-time highs, is currently undergoing a modest bearish correction. While the broader sentiment remains optimistic, subtle technical developments are beginning to challenge the strength of the ongoing uptrend. After a powerful rally that took Bitcoin above the $110,000 mark, the price action has entered a period of sideways consolidation. - [Wednesday Focus on NZD Strength, FOMC Minutes, and NVIDIA Earnings](https://axioryintelligence.com/news/daily-market-updates/wednesday-focus-on-nzd-strength-fomc-minutes-and-nvidia-earnings/) - Hello traders, and welcome to Wednesday. Today’s calendar is packed with key data and events, already kicking off with inflation from Australia, which came in slightly above expectations at 2.4% vs. 2.3% expected. However, the Australian dollar is underperforming, showing notable weakness despite the stronger data. In contrast, the New Zealand dollar is leading the - [Stock of the Day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-12/) - In today’s stock of the day, I would like to discuss the current technical setup on Qualcomm, where we are seeing a textbook bearish scenario unfold. The focal point here is a key horizontal resistance around $153, marked in blue. This level acted as strong support from August 2024 to March 2025. However, once it - [Ethereum Awaits Breakout from Ascending Triangle](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-awaits-breakout-from-ascending-triangle/) - In today's technical analysis, I would like to highlight Ethereum (ETH), which, alongside Bitcoin, has been enjoying a positive trend. However, after reaching new mid-term highs in mid-May, Ethereum has entered a sideways consolidation phase. On the chart, this consolidation has taken the form of an ascending triangle pattern — a classic formation that often - [Risk-On Mode Returns as Yen Reverses, Gold Slumps](https://axioryintelligence.com/news/daily-market-updates/risk-on-mode-returns-as-yen-reverses-gold-slumps/) - Tuesday kicks off with heightened volatility, especially as the European session opens. The spotlight this morning is on the Japanese Yen, which experienced a sharp two-phase move overnight. Initially, the Yen strengthened following hawkish comments from Bank of Japan Governor Ueda, who hinted at potential rate hikes. However, this momentum was short-lived. As broader risk-on - [Stock of the day: Home Depot](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-home-depot-3/) - Home Depot is currently showing a technically significant bearish setup, with strong indications that sellers have regained control of the market. The broader bearish context is set by a head and shoulders pattern marked with blue color. This classic reversal formation has already set the tone for the market, suggesting that a deeper correction may - [Gold – Potential Bearish Breakdown in Progress](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-potential-bearish-breakdown-in-progress/) - Gold is currently forming a potentially dangerous and strongly bearish setup. After a strong upswing that started with an inverse head and shoulders pattern (marked with orange color), the price reached its minimum bullish target by touching the upper boundary of the descending channel (red line). That touch now appears to have marked a local - [Risk-On Mode Returns as US-EU Tariffs Are Put on Hold](https://axioryintelligence.com/news/daily-market-updates/risk-on-mode-returns-as-us-eu-tariffs-are-put-on-hold/) - We're kicking off the new trading week with a burst of optimism after a turbulent close last Friday. The market was shaken by a sharp risk-off move triggered by Donald Trump's announcement of 50% tariffs on European Union goods. Indices reacted predictably—DAX in particular gave back most of its gains from the week, gold surged, - [Australian Dollar Breaks Out: Bullish Momentum on AUD/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/australian-dollar-breaks-out-bullish-momentum-on-aud-usd/) - Today's technical piece brings us an evolving situation on the Australian dollar to American dollar (AUD/USD), where a decisive breakout on Friday has shifted the sentiment firmly in favor of the bulls. Since mid-April, this pair had been stuck in a sideways consolidation, reflecting indecision and low momentum. However, the price gradually formed a tightening - [Stock of the day: Moderna](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-moderna-8/) - In today's stock of the day, I would like to highlight Moderna—a stock that's deeply entrenched in a downtrend, both in the long-term and more recently in the short-term. The outlook remains challenging, and the technical landscape continues to favor the sellers. What we can observe on the chart is a classic bearish structure: the - [Cable on the Move: GBP/USD Breaks Long-Term Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/cable-on-the-move-gbp-usd-breaks-long-term-resistance/) - In today’s technical analysis, we must turn our attention to Cable—British Pound to American Dollar (GBP/USD)—as it makes a significant breakout that could shape the near-term direction of the pair. Currently, GBP/USD is trading at its highest level since February 2022. This new high is not just a number; it's a technical milestone. The pair - [Stock of the day AT&T](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-att/) - AT&T has been quietly consolidating for the past several weeks, with price action moving sideways in a tight range. While there’s no active signal yet, this period of low volatility is worth paying close attention to. Every consolidation eventually resolves into a new trend—and that resolution can offer compelling trading opportunities. The current structure resembles - [Friday Opens Flat as Traders Digest Bond Market Shock](https://axioryintelligence.com/news/daily-market-updates/friday-opens-flat-as-traders-digest-bond-market-shock/) - We begin Friday’s European session on a tentatively stable note following a volatile Thursday, where sharp swings in sentiment dictated the flow of global markets. Indices this morning are relatively flat, but the overall backdrop remains positive, especially after Monday’s strong gains. Thursday Recap: Yields Stir the Pot The big story on Wednesday and Thursday - [Markets Rattled as Bond Yields Soar — Can Buyers Bounce Back?](https://axioryintelligence.com/news/daily-market-updates/markets-rattled-as-bond-yields-soar-can-buyers-bounce-back/) - Yesterday’s session took a sharp and unexpected turn. Things were moving smoothly through the first half of the American session, but then sentiment collapsed. Indices nosedived, making new weekly lows in a dramatic fashion. The trigger? A spike in U.S. Treasury yields. The yield on 30-year U.S. Treasury bonds surged past 5%, hitting the highest - [Stock of the day: eBay](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ebay-10/) - In today’s stock spotlight, we focus on eBay, which made a significant technical move last week by breaking above the key horizontal resistance at $71.50, highlighted in orange. This level has been the most important technical barrier in 2025, capping the price in January, February, and March. The breakout above this level was impressive and - [GBP/JPY Slips Below Key Support, Sell Signal Confirmed](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-jpy-slips-below-key-support-sell-signal-confirmed/) - In today’s technical spotlight, let’s examine the British Pound to Japanese Yen (GBP/JPY), where a clear bearish signal has emerged. The pair has broken below a well-formed channel up formation, outlined with black trend lines. This pattern can also be viewed as a bearish flag — a corrective structure within a broader downtrend. The downside - [Dollar Under Fire, Indices Pull Back After Strong Start to Week](https://axioryintelligence.com/news/daily-market-updates/dollar-under-fire-indices-pull-back-after-strong-start-to-week/) - Hello traders, welcome to Wednesday’s session. The key macroeconomic release of the day was the UK inflation report — and it did not disappoint. Inflation came in hotter than expected at 3.5% year-over-year, above the forecasted 3.3% and significantly up from the previous 2.6%. The market's reaction was immediate and clear: the British pound is - [Stock of the day: Rivian Automotive](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-rivian-automotive-2/) - In today’s analysis, I’d like to revisit Rivian Automotive — a stock I previously analyzed on May 1st. At that time, the price was moving within a symmetrical triangle pattern, a classic consolidation phase signaling potential for a sharp breakout in either direction. I noted a slightly stronger bias in favor of the buyers, but - [Inverse Head and Shoulders Signal Sparks Momentum in Gold](https://axioryintelligence.com/analysis/daily-technical-analysis/inverse-head-and-shoulders-signal-sparks-momentum-in-gold/) - In today’s technical analysis, let’s focus on gold, which is currently climbing significantly higher, supported by a strong technical foundation. On the chart, we can observe a larger flag pattern, outlined by blue trendlines. This flag serves as a classic bearish correction within a broader bullish trend. Importantly, the correction appears to be coming to - [Markets Cool After Monday Rally as Traders Eye Canadian CPI](https://axioryintelligence.com/news/daily-market-updates/markets-cool-after-monday-rally-as-traders-eye-canadian-cpi/) - Markets opened today in a more cautious mood following a strong start to the week. European indices are heading into the early part of the session near daily lows, reflecting a mild pullback. However, it’s worth noting that Monday delivered significant gains, so what we’re seeing now appears to be a healthy bearish correction rather - [Stock of the day: Mondelez](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mondelez-4/) - In today’s stock of the day, let’s focus on Mondelez, which is currently trading in a sideways range that has persisted since the end of February. Although the recent price action may seem uneventful at first glance, a closer look reveals that we could be approaching a decisive breakout point that will provide the next - [EUR/USD Builds Pressure Beneath Key 1.127 Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-builds-pressure-beneath-key-1-127-resistance/) - EUR/USD is currently navigating a critical technical area around 1.127, a level that served as key support in late April and has since turned into a major resistance following the breakout. This orange horizontal resistance has already been tested three times in May, and although the price remains below, the buying pressure is visibly increasing. - [Markets React to U.S. Rating Downgrade with Risk Aversion](https://axioryintelligence.com/news/daily-market-updates/markets-react-to-u-s-rating-downgrade-with-risk-aversion/) - Hello traders, and welcome to a new trading week. Monday kicks off with notable market moves, largely driven by developments that unfolded just before the Friday close. Late Friday, markets were caught off guard by a U.S. credit rating downgrade, announced right before the close when liquidity and volatility were already fading. The timing of - [Bitcoin Tests Key Support After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-tests-key-support-after-false-breakout/) - Earlier this week, Bitcoin appeared to confirm a bullish continuation by breaking out above a pennant formation, defined by the converging black trendlines on the chart. However, this breakout turned out to be a false move—a classic bull trap. The rise above the pennant was short-lived and is now marked with a yellow highlight, denoting - [Stock of the day: DocuSign](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-docusign/) - In today’s stock of the day, let’s focus on DocuSign, which is now flashing a proper buy signal. The stock has been in a broader uptrend, but in the first half of the year, it entered a bearish correction phase. This correction took the form of a wedge pattern, marked with blue lines on the - [False Breakout or Bearish Continuation? AUD/CHF at a Crossroads](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-or-bearish-continuation-aud-chf-at-a-crossroads/) - In today’s technical analysis, let’s take a look at a more exotic currency pair—Australian Dollar to Swiss Franc (AUD/CHF)—where a potentially significant setup is unfolding. This pair has been locked in a clear long-term downtrend, forming consistent lower highs and lower lows. Recently, however, we’ve seen a consolidation phase, developing into a wedge pattern outlined - [Stock of the day: McDonald’s](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-19/) - In today’s technical analysis, let’s take a closer look at McDonald’s. The stock has been trading sideways for several weeks, coiling into a narrowing range and building pressure for a bigger breakout. Technically speaking, what we’re observing is a symmetrical triangle pattern, formed by a dynamic downtrend line and a dynamic support line, both marked - [Markets Hold Ground After Strong Week as Sentiment Stays Positive](https://axioryintelligence.com/news/daily-market-updates/markets-hold-ground-after-strong-week-as-sentiment-stays-positive/) - Good morning traders, and welcome to the final trading day of what’s been a strong and eventful week across global markets. We’re opening Friday with flat index futures, but the overall sentiment remains very positive following a series of strong sessions throughout the week. Major indices are holding near mid- and long-term highs, supported by - [Gold Correction Continues While Yen Strengthens](https://axioryintelligence.com/news/daily-market-updates/gold-correction-continues-while-yen-strengthens/) - As is often the case, Thursday brings with it a packed economic calendar, and today is no exception. The day kicked off with job data from Australia, which significantly beat expectations—employment change was much higher than forecasted. However, in a twist of market behavior, the Australian dollar remains one of the weakest currencies despite the - [USD/CHF: Retest of Support Confirms Bullish Continuation](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-retest-of-support-confirms-bullish-continuation/) - The American Dollar to Swiss Franc pair started this week on a notably positive note, indicating a potential shift in sentiment and the continuation of a bullish trend. The chart shows a key horizontal resistance, marked around 0.834 with orange color, that has recently been broken to the upside—a significant technical development. Following the breakout, - [Stock of the day: General Motors](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-general-motors-6/) - General Motors is currently sitting at a technical crossroads, just one step away from generating a major trading signal. The recent price action is forming a flag pattern, outlined by black trendlines, which typically acts as a bearish correction within a broader bullish trend. What adds a layer of complexity—and opportunity—is the inverse head and - [Stock of the day: Booking Holdings](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-booking-holdings-3/) - Today, we revisit Booking Holdings, which we previously analyzed on April 18th. Back then, the technical picture looked encouraging, and we highlighted a strong potential for a bullish breakout. That call proved timely—just days after the analysis, the stock surged, finishing April on a strong note with solid momentum. As we step into May, the - [Bearish Signals Build in GBP/JPY as Double Top Emerges](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-signals-build-in-gbp-jpy-as-double-top-emerges/) - In today's technical analysis, let's take a closer look at the British Pound to Japanese Yen (GBP/JPY), which is positioned at a technically critical juncture. The yellow horizontal resistance level, established in March and April, was recently breached to the upside. However, the breakout was short-lived. The move above this key level—now marked with a - [Markets Hold Gains After U.S. Inflation Surprise](https://axioryintelligence.com/news/daily-market-updates/markets-hold-gains-after-u-s-inflation-surprise/) - Hello traders, and welcome to Wednesday. Today’s calendar is surprisingly quiet, with no Tier 1 data scheduled. The one notable release we’ve already received was the Wage Price Index from Australia, which came in at 0.9%, slightly above the 0.8% expected. That gave a modest boost to the Australian dollar, adding to the broader narrative - [Calm Before the Storm: Markets Brace for Crucial U.S. Inflation Release](https://axioryintelligence.com/news/daily-market-updates/calm-before-the-storm-markets-brace-for-crucial-u-s-inflation-release/) - Today brings a significantly more active calendar, with some key data already in and more expected later in the day. This morning, we received the Claimant Count Change from the UK, which came in below expectations, showing a better-than-anticipated labor market situation. Additionally, the Average Earnings Index surprised to the upside, coming in at 5.5%, - [Stock of the day: TripAdvisor](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tripadvisor-3/) - In today's Stock of the Day, we return to TripAdvisor, which has recently shown a very interesting and technically promising development. We previously analyzed this stock on the 29th of April, at which point the price was sitting just below a key horizontal resistance marked with a blue zone. Back then, the price had not - [Copper Pauses After Volatility: Will Bulls Take Control?](https://axioryintelligence.com/analysis/daily-technical-analysis/copper-pauses-after-volatility-will-bulls-take-control/) - In today’s technical analysis, we focus on Copper, which has entered a period of consolidation following a volatile start to April. After sharp price swings earlier in the month, Copper is now trading sideways, forming a narrowing range that suggests a breakout is imminent. On the chart, the price action is confined within a wedge - [Gold Drops Sharply as Risk-On Mood and Strong Dollar Dominate](https://axioryintelligence.com/analysis/daily-technical-analysis/gold-drops-sharply-as-risk-on-mood-and-strong-dollar-dominate/) - In today’s technical analysis, we turn our attention to gold, which is undergoing a significant sell-off driven by a combination of macro and technical factors. The dominant risk-on sentiment is pressuring safe haven assets, while strength in the U.S. dollar is adding further downward force to gold prices. From a technical perspective, the situation has - [Stock of the day: Verizon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-verizon-3/) - In today’s technical spotlight, we focus on Verizon Communications, which is coiling inside a narrowing range and preparing for a decisive breakout. Since February, the stock has been consolidating in a sideways pattern, defined by a strong horizontal support (marked in orange) and a descending resistance line (marked in black). This setup forms a classic - [Markets Surge on Trade Optimism and Geopolitical Calm](https://axioryintelligence.com/news/daily-market-updates/markets-surge-on-trade-optimism-and-geopolitical-calm/) - Hello traders, and welcome to Monday’s trading session. We begin the new week on a decisively positive note as market sentiment turns risk-on following key geopolitical and trade-related developments over the weekend. The two main drivers behind today’s optimism are progress in the US-China trade relationship and a fragile but encouraging ceasefire between India and - [GBP/AUD Rejection Confirms Bearish Momentum](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-aud-rejection-confirms-bearish-momentum/) - In today’s technical analysis, we’re focusing on the British Pound to Australian Dollar, which is displaying a clear bearish structure. Throughout April, the pair held firmly above a concrete support level around 2.072, marked with an orange horizontal line. This support was tested multiple times across three weeks, confirming its strength. However, at the beginning - [Stock of the day: Fox Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fox-corporation-2/) - In today's stock of the day, let's take a closer look at Fox Corporation, which is currently battling a crucial horizontal resistance. The resistance, marked around $47.70 (orange area), has been a significant level in the past and continues to hold influence over the price action. Yesterday’s price action resulted in a shooting star candlestick - [Markets Catch Their Breath After Action-Packed Thursday](https://axioryintelligence.com/news/daily-market-updates/markets-catch-their-breath-after-action-packed-thursday/) - Hello traders, and welcome to Friday. We’re coming off a busy Thursday session that brought several major developments, both on the macro and corporate fronts. While volatility has calmed somewhat, markets are still digesting the aftermath of central bank decisions and earnings releases, and Friday is shaping up to be a quieter — but still - [Post-FOMC Calm: Dollar Gains, Indices Rally Continues](https://axioryintelligence.com/news/daily-market-updates/post-fomc-calm-dollar-gains-indices-rally-continues/) - Hello traders, and welcome to Thursday. After a highly anticipated Federal Reserve meeting on Wednesday, markets are absorbing the outcome and pushing into Thursday with a clear sense of direction. The Federal Reserve left rates unchanged at 4.5%, as expected. During the press conference, Jerome Powell struck a cautious yet informative tone. Among his key - [USD/CAD Breaks Falling Wedge With Bullish Momentum](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-breaks-falling-wedge-with-bullish-momentum/) - In today’s technical spotlight, we’re looking at the American Dollar to Canadian Dollar (USD/CAD), which is showing promising signs of a bullish breakout after weeks of compression. Since April 15th, the pair had been trapped inside a falling wedge pattern, marked clearly with pink trendlines. This structure was respected with remarkable precision, producing a series - [Stock of the day: The Walt Disney Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-the-walt-disney-company-2/) - In today’s analysis, we turn our attention to Disney, which delivered better-than-expected earnings yesterday — and the market rewarded it handsomely. The stock surged over 10%, closing firmly above the $100 mark, marking a key psychological and technical threshold. From a technical perspective, this move adds credibility to an ongoing long-term reversal narrative. The most - [Markets Brace for Fed as Trade Talks Take the Stage](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-fed-as-trade-talks-take-the-stage/) - Today’s spotlight falls firmly on the U.S. Federal Reserve, with the interest rate decision due later. No change in rates is expected, but the statement and Jerome Powell’s press conference will be closely watched for any forward guidance or shifts in tone. Markets may remain on edge until this key event unfolds. Yesterday brought a - [EUR/GBP Eyes Reversal After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-eyes-reversal-after-false-breakout/) - A promising bullish setup is unfolding on the EUR to GBP currency pair. The key development occurred yesterday with a false breakout below a major horizontal support, marked in blue on the chart. This brief dip below support, highlighted by an orange rectangle, was quickly reversed, signaling buyer strength and a potential bullish reversal. Following - [Stock of the day: AMD](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amd-14/) - In today's stock of the day, we take a look at Advanced Micro Devices (AMD) following its recent earnings release. The chipmaker reported results slightly better than expected after the market closed yesterday. While the surprise wasn’t dramatic, investors reacted modestly positively, with AMD climbing about 1.7% in pre-market trading. The post-earnings movement is restrained - [USD/CAD Forms Wedge Amid Weakening Dollar](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-forms-wedge-amid-weakening-dollar/) - In today’s technical piece, I would like to highlight the weakening of the US dollar and a well-formed technical setup on the USD/CAD pair that deserves traders’ attention. What we see here is a falling wedge pattern, clearly outlined with blue trendlines. This structure has been respected with high precision, forming a series of lower - [Stock of the day: Ford Motor Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-motor-company-2/) - In today's stock of the day, I would like to discuss Ford Motor Company, where the daily chart reveals a potentially powerful bullish setup forming. Over the past several months, the price has drawn what appears to be a triple bottom pattern, clearly marked with yellow rectangles. These three lows occurred at the beginning of - [Precious Metals Climb, Oil Recovers, Equities Pause](https://axioryintelligence.com/news/daily-market-updates/precious-metals-climb-oil-recovers-equities-pause/) - Today’s economic calendar is relatively light. The only key data release will be the Ivey PMI from Canada, expected at 51.2, representing a slight decline from the previous figure. While macroeconomic headlines may be limited today, markets are still seeing notable movement in several areas. Precious metals are leading the action, with gold and silver - [Bitcoin Faces Bearish Pressure After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-faces-bearish-pressure-after-false-breakout/) - In today’s technical analysis, we turn our attention to Bitcoin, which enjoyed a strong start last week but is now entering a potentially dangerous territory. After peaking mid-week, Bitcoin saw a sharp pullback on Friday, followed by further declines over the weekend and into Monday. The shift in momentum raises concerns for the bulls and - [Stock of the day: Autodesk](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-autodesk-8/) - In today’s stock spotlight, let’s focus on Autodesk, which is exhibiting a strong bullish breakout. The stock is now trading at its highest levels since late February, supported by clear technical signals that favor buyers. The most notable pattern here is an inverse head and shoulders, marked clearly with arrows on the chart. This classic - [Volatile Start to the Week: Oil Collapses, Yen and Aussie Surge](https://axioryintelligence.com/news/daily-market-updates/volatile-start-to-the-week-oil-collapses-yen-and-aussie-surge/) - Hello traders, and welcome to a brand-new week of trading. Unlike most Mondays, which tend to start quietly, today’s macro calendar includes two significant data points worth your attention. First, we’ll get inflation data from Switzerland, expected at 0.2%, and later in the session, we’ll receive the ISM Services PMI from the US, forecasted at - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-26/) - In today's Stock of the Day, let's take a look at Boeing from a long-term perspective, specifically on the weekly chart. The current setup offers some optimism for buyers. What stands out first is the purple horizontal support line, a key level that was briefly broken a few weeks ago. However, this move quickly turned - [AUD/USD Awaits Breakout as Markets Eye Non-Farm Payrolls](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-usd-awaits-breakout-as-markets-eye-non-farm-payrolls/) - In today’s technical analysis, we focus on the Australian Dollar to US Dollar (AUD/USD) pair, which is now heading into its second consecutive week of consolidation. The price is trapped within a tight sideways range, marked clearly by the red rectangle on the chart. Earlier this week, we saw a brief attempt to escape the - [Yen Crushed, Commodities Bounce, Eyes Now on U.S. Jobs Data](https://axioryintelligence.com/news/daily-market-updates/yen-crushed-commodities-bounce-eyes-now-on-u-s-jobs-data/) - Hello traders, welcome to Friday — the final trading day of the week and the start of the European session. After Thursday’s excitement, today begins with a mix of consolidation and anticipation. Let’s take a look at what’s shaping the markets this morning. Thursday was dominated by key macro events and earnings from some of - [Markets Rally on Microsoft & Meta Beats, But Yen Crumbles After BOJ](https://axioryintelligence.com/news/daily-market-updates/markets-rally-on-microsoft-meta-beats-but-yen-crumbles-after-boj/) - Hello traders, and welcome to Thursday’s session. While many European markets are closed today for Labor Day, the global financial stage is anything but quiet. From central bank updates to blockbuster earnings, we’ve already seen some powerful movements early in the session. Central Bank Spotlight: Bank of Japan Holds Rates The day kicked off with - [Stock of the day: Rivian Automotive](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-rivian-automotive/) - In today’s Stock of the Day, let’s take a closer look at Rivian Automotive, which presents a fascinating long-term technical structure. A glance at the weekly chart reveals a well-defined symmetric triangle pattern, stretching back as far as 2023. The formation is marked by blue converging trendlines, indicating a period of tightening consolidation after years - [Gold’s Drop Deepens as Bearish Momentum Builds](https://axioryintelligence.com/analysis/daily-technical-analysis/golds-drop-deepens-as-bearish-momentum-builds/) - After weeks of historic strength, Gold has entered a clear bearish phase. The downward pressure began on April 22, and since then, the metal has lost its footing as a top-performing safe haven. The recent session brought a sharp decline, adding to the growing weakness. Technically, the chart paints a clear story: Following the initial - [Wednesday Market Briefing: Earnings in Focus Amid Mixed Economic Signals](https://axioryintelligence.com/news/daily-market-updates/wednesday-market-briefing-earnings-in-focus-amid-mixed-economic-signals/) - Good morning, traders. As we navigate through the midweek session, markets are poised for significant movements driven by a combination of corporate earnings and key economic data releases. Earnings Spotlight Today, attention centers on major earnings reports: Microsoft is set to release its fiscal results after market close. Meta Platforms will also report earnings today. - [Stock of the day: DoorDash](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-doordash/) - In today’s stock of the day, we turn our attention to DoorDash, which has just triggered a bullish breakout and is flashing a buy signal. The technical setup is composed of several supporting elements. First, the yellow horizontal support around $165 was tested and defended. Although the price dipped below this level briefly, it rebounded - [USD/CAD: Testing Key Support Within Pennant Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-testing-key-support-within-pennant-formation/) - In today’s technical analysis, we focus on the USD/CAD, which has been locked in a sideways trend for several days. This consolidation is taking shape as a classic pennant formation, marked with converging blue trendlines. The narrowing range suggests that a breakout—either upward or downward—could be imminent. Today, the pair is pressing against a critical - [Markets Drift Higher Amid Quiet Tuesday Calendar](https://axioryintelligence.com/news/daily-market-updates/markets-drift-higher-amid-quiet-tuesday-calendar/) - Hello Traders! Welcome to Tuesday's trading session. The macroeconomic calendar today is notably quiet, with no Tier 1 data scheduled during the European hours. However, markets are still active and showing signs of cautious optimism. One notable political development comes from Canada, where the ruling Liberal party has secured a minority government following national elections. - [Stock of the day: TripAdvisor](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tripadvisor-2/) - On March 17th, we discussed TripAdvisor's critical technical situation, highlighting how the price was defending a major support area around $13, marked with a blue line on the chart. At that time, we noted that bearish pressure was steadily building, increasing the likelihood of a breakout to the downside. And indeed, the breakout occurred at - [Brent Crude Deepens Losses After Double Bearish Breakouts](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-crude-deepens-losses-after-double-bearish-breakouts/) - In today's technical analysis, I would like to focus on Brent crude oil, which is currently under significant bearish pressure. The general perception surrounding Brent remains negative, and the technical situation only reinforces that outlook. What we observe on the chart is a classic sequence of bearish patterns. Initially, Brent was in a clear downtrend. - [Stock of the day: Wells Fargo](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wells-fargo-9/) - In today's Stock of the Day, let's take a look at Wells Fargo, which has recently cancelled a previous sell signal and is now setting up for a potential bullish move. On the chart, you can clearly see a large Head and Shoulders pattern with a red neckline. We initially broke below this neckline, briefly - [Final Days of April: Calm Start Before Economic Storm](https://axioryintelligence.com/news/daily-market-updates/final-days-of-april-calm-start-before-economic-storm/) - Hello traders and welcome to a new week of trading! We are entering the final days of April and will soon kick off May, with one of the major highlights being the Non-Farm Payrolls report scheduled for this Friday. As for today's session, the calendar is quiet, with no Tier 1 data expected. However, the - [Ethereum Battles Key Support as Bullish Potential Grows](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-battles-key-support-as-bullish-potential-grows/) - In today's analysis, let's take a closer look at Ethereum, which, despite ongoing weakness relative to Bitcoin, is showing early signs of bullish potential. Historically, Ethereum has underperformed during Bitcoin-led rallies. When Bitcoin climbs higher, Ethereum tends to lag behind, and when Bitcoin faces corrections, Ethereum often falls even faster. This relative weakness has been - [Gold Corrects, Bitcoin Soars, and Indices Reclaim the Uptrend](https://axioryintelligence.com/news/daily-market-updates/gold-corrects-bitcoin-soars-and-indices-reclaim-the-uptrend/) - Friday kicks off with cautious optimism after a volatile Thursday session. As the European markets open, traders are digesting the latest earnings reports, macroeconomic data, and ongoing trade war developments. Thursday's spotlight belonged to Alphabet, which reported stronger-than-expected earnings after the U.S. market closed. In pre-market trading on Friday, shares of Alphabet are already up - [Bulls Back in Charge: NASDAQ Clears Key Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/bulls-back-in-charge-nasdaq-clears-key-resistance/) - NASDAQ surged higher in yesterday’s session, providing strong evidence that the recent bearish correction may be in the rearview mirror. The price action points toward a renewed bullish phase, supported by key technical signals. Key Technical Developments: Breakout above the purple downtrend line marks the end of the recent pullback. This trendline had been guiding - [Stock of the day: Google](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-google-7/) - Alphabet — better known to traders as Google — just delivered an earnings surprise that’s lighting up the market. After reporting better-than-expected results on Thursday after the market close, Alphabet shares are currently trading around 5% higher in the pre-market. Let’s break down what’s happening technically: Chart Setup and Price Action The chart paints a - [Stock of the day: JPMorgan Chase](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-jpmorgan-chase/) - JPMorgan Chase is staging a strong recovery — and this recent price action is catching the attention of technical traders. After a brief dip earlier in April, the price dropped below the critical $225 support level, marked in green on the chart. But that move quickly turned into a false breakout, as buyers stepped in - [Silver Breaks Out: A Bullish Pattern Comes to Life](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-breaks-out-a-bullish-pattern-comes-to-life/) - In today’s technical analysis, let’s take a closer look at Silver, which is emerging as a standout performer in the commodity space. While Gold has been stealing headlines with its spectacular multi-week rally, Silver has quietly been building momentum — and in the past two days, it has actually outperformed gold on a relative basis. - [Markets Mixed as Gold Recovers and Oil Struggles](https://axioryintelligence.com/news/daily-market-updates/markets-mixed-as-gold-recovers-and-oil-struggles/) - After an eventful Wednesday, today’s macro calendar is a bit calmer. Still, we have two key data points worth watching. First is Germany’s IFO Business Climate, expected at 85, which will give us insight into business sentiment in the Eurozone’s largest economy. Later in the day, the U.S. will release Durable Goods Orders, forecasted at - [Stock of the day: Lockheed Martin](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-lockheed-martin-5/) - In today's stock of the day, let's take a closer look at Lockheed Martin, which is currently caught in a sideways movement, hovering between a key support and resistance level. The technical situation is quite clear—this stock is not tradable at the moment. Why? Because the price is positioned right in the middle of the - [DAX Breaks Out: Is the Bear Market Finally Over?](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-breaks-out-is-the-bear-market-finally-over/) - In today's technical analysis, let’s take a look at the DAX, which is showing strong bullish momentum. The German index is climbing significantly higher, and technically, it appears the bearish correction phase is over. We’ve seen two key technical developments that support a shift in sentiment: The price has broken out of a black symmetrical - [Gold Corrects, Oil Climbs, and Indices Celebrate a Bullish Session](https://axioryintelligence.com/news/daily-market-updates/gold-corrects-oil-climbs-and-indices-celebrate-a-bullish-session/) - Hello traders, and welcome to Wednesday’s trading session. Markets are surging this morning, with indices flashing green across the board. The bullish sentiment is spreading fast, and many major resistances and mid-term downtrend lines have been broken, suggesting a renewed appetite for risk among investors. It's a clear risk-on environment, and the market mood is - [Quiet Calendar, Active Charts: Dollar Gains, Yen Strengthens](https://axioryintelligence.com/news/daily-market-updates/quiet-calendar-active-charts-dollar-gains-yen-strengthens/) - After a period of lower volatility and reduced liquidity, markets are slowly picking up momentum again. Tuesday's calendar remains quiet, with no key economic data scheduled for release. However, all eyes are already turning to Wednesday’s PMI numbers, which will cover major global economies and may inject more direction into the markets. Indices are showing - [Stock of the day: AMD](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amd-13/) - In today's stock of the day, let’s take a look at AMD, which finds itself under increasing selling pressure but is currently trying to defend a key technical level. The crucial area here is the black uptrend line, which connects higher lows stretching back to 2020. This long-term support is now being tested, and although - [EUR/GBP Tightens in Pennant: Breakout Looms](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-tightens-in-pennant-breakout-looms/) - In today’s technical section, let’s examine the Euro to British Pound, which is currently trading within a narrowing range — a classic pennant formation. This pattern is marked by two converging black trendlines, reflecting market indecision and reduced volatility, often a precursor to a sharp breakout. Right now, the market is seeking direction. A breakout - [Safe Havens Shine While Dollar and Oil Struggle](https://axioryintelligence.com/news/daily-market-updates/safe-havens-shine-while-dollar-and-oil-struggle/) - Markets are reopening to fresh volatility, and we already have new developments in the ongoing trade wars. According to a statement from the Chinese Ministry of Commerce, China has warned it will retaliate against any country that cooperates with the United States in a manner that compromises Beijing's interests. This warning has added a fresh - [Stock of the day: Mondelez](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mondelez-3/) - In today’s stock of the day, let’s take a closer look at Mondelez, which is currently locked in a consolidation phase, waiting for a proper trading signal. For the past few weeks, Mondelez’s price action has been moving sideways, forming a clear rectangle pattern marked with yellow on the chart. This consolidation range is bounded - [Bitcoin Reclaims Ground with Bullish Breakout from Consolidation](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-reclaims-ground-with-bullish-breakout-from-consolidation/) - Bitcoin begins the new trading week on a strong note, with a notable upswing that could carry important technical implications. After a relatively muted performance last week, the cryptocurrency is regaining momentum, and early price action suggests that bulls are taking back control — at least for now. From a technical perspective, two key developments - [Technical Pressure Rises on GBP/AUD With Support in Sight](https://axioryintelligence.com/analysis/daily-technical-analysis/technical-pressure-rises-on-gbp-aud-with-support-in-sight/) - As we approach the Easter holiday break and anticipate a period of lower market volatility, British Pound to Australian Dollar (GBP/AUD) is offering a potentially decisive setup on the charts. Over the past several weeks, this pair has been forming a textbook descending triangle pattern — a formation that often precedes significant price movement. The - [Quiet Friday Opens With FX in Focus as Futures Go Offline](https://axioryintelligence.com/news/daily-market-updates/quiet-friday-opens-with-fx-in-focus-as-futures-go-offline/) - Hello traders, welcome to Friday – the final trading day before the long Easter weekend, and as expected, the market is entering a lower-volatility phase. Most global exchanges are closed today for the holiday, including futures markets, so activity is already significantly reduced as we start the European session. That being said, the Forex market - [Stock of the day: Booking Holdings](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-booking-holdings-2/) - An interesting technical setup is forming on Booking Holdings, as the stock finds itself at a crucial juncture within a larger uptrend. What we currently observe is a descending flag pattern, marked with black lines. This type of formation is typically a bullish continuation pattern, suggesting the recent correction may just be a pause before - [ECB in Focus as Markets Brace for Volatility](https://axioryintelligence.com/analysis/daily-technical-analysis/ecb-in-focus-as-markets-brace-for-volatility/) - Hello traders, and welcome to Thursday’s trading session—one that’s shaping up to be quite eventful. Let’s start with the macro calendar. We’ve already had some notable releases. Inflation from New Zealand surprised to the upside, yet curiously, the New Zealand dollar is not benefiting from the data, showing signs of investor caution or profit-taking. Over - [Stock of the day: PayPal](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-paypal-8/) - In today’s stock of the day, let’s turn our attention to PayPal, which is hanging on by a thread at its final key support level. The downtrend has been persistent since early December, with price action breaking through two critical support levels along the way. The first was the orange horizontal support, which gave way - [Sellers Take Control: Major Resistance Halts AUD/USD Rally](https://axioryintelligence.com/analysis/daily-technical-analysis/sellers-take-control-major-resistance-halts-aud-usd-rally/) - An interesting technical development is unfolding on the Australian Dollar to US Dollar (AUD/USD) pair, where price action has carved out a triple top formation, signaling a potential reversal. The pattern, clearly visible on the chart, is marked by three peaks around the same price level—outlined with blue rectangles—and suggests that buyers are struggling to - [Risk-Off Sentiment Takes Hold Amid Busy Calendar](https://axioryintelligence.com/news/daily-market-updates/risk-off-sentiment-takes-hold-amid-busy-calendar/) - Hello traders and welcome to Wednesday’s session. After a relatively quiet start to the week, today brings us a packed macroeconomic calendar with important data releases and central bank events that are already making waves across the markets. China kicked off the day with a surprise to the upside—GDP data came in stronger than expected, - [Stock of the day: Coinbase](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coinbase/) - In today’s Stock of the Day, let’s take a closer look at Coinbase, which has just flashed a technically significant bullish signal. After a recent correction, the stock printed a bullish engulfing candlestick pattern, highlighted with orange on the chart. This isn’t just any candlestick formation—it’s a strong reversal signal, especially when it appears at - [Bitcoin Bears Regain Control as Key Support Gets Tested](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-bears-regain-control-as-key-support-gets-tested/) - In today’s technical analysis, we’re taking a closer look at Bitcoin, which appears to be approaching a potentially dangerous technical setup. After an encouraging bullish correction that began on April 9th, the momentum has faded, and the chart is now revealing bearish pressure building up. A key development here is the failed breakout above the - [Optimism Holds, But Volatility Stays Low](https://axioryintelligence.com/news/daily-market-updates/optimism-holds-but-volatility-stays-low/) - After the chaos of the previous week, Monday started off on a much calmer note. The calendar was empty, and the markets reflected that with muted movements and extremely low volatility. It seems traders are still digesting the impact of the recent trade war developments, and the market is taking a breather—for now. Tuesday’s economic - [Stock of the day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-14/) - In today’s stock of the day, let’s take a look at Netflix, which has been under pressure recently but is showing signs of resilience. Over the past few months, the stock developed a potentially dangerous bearish pattern – a Head and Shoulders formation marked clearly with yellow rectangles on the chart. Earlier this month, the - [EURUSD Flatlines as Breakout From Second Pennant Looms](https://axioryintelligence.com/analysis/daily-technical-analysis/eurusd-flatlines-as-breakout-from-second-pennant-looms/) - In today's technical analysis, we turn our attention to EURUSD, where the overall sentiment remains positive, but recent price action has settled into a narrow sideways consolidation. Despite the broader bullish tone, volatility has dropped significantly over the last two days, and the pair is coiling within a smaller pennant formation. Looking at the recent - [Markets Kick Off the Week with Optimism as Tariff Exemptions Boost Sentiment](https://axioryintelligence.com/news/daily-market-updates/markets-kick-off-the-week-with-optimism-as-tariff-exemptions-boost-sentiment/) - Hello traders and welcome to a brand-new trading week. Monday starts with a wave of optimism sweeping across the markets, fueled by fresh developments in the ongoing trade war. After a turbulent couple of weeks, investors are finding some relief in the latest update: over the weekend, former President Donald Trump announced proposed temporary exemptions - [Brewed for a Bounce: Coffee Rebounds Off 2024 Highs](https://axioryintelligence.com/analysis/daily-technical-analysis/brewed-for-a-bounce-coffee-rebounds-off-2024-highs/) - In today's technical piece, let's take a look at coffee, which is presenting a compelling and well-defined setup. Since mid-February, coffee has been trading within a symmetric triangle pattern, outlined here with purple trendlines. This kind of formation typically suggests a period of consolidation before a directional breakout—and we got that breakout on April 4th, - [Stock of the day: Wells Fargo](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wells-fargo-8/) - In today's stock of the day, let's focus on Wells Fargo, which is currently under pressure and exhibiting signs of a broader bearish trend. The technical setup is quite clear: the chart reveals a large head and shoulders pattern, a classic bearish formation, marked here with red highlights. This pattern has already been activated with - [Brent Oil Attempts Rebound with Inverse Head and Shoulders in Sight](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-attempts-rebound-with-inverse-head-and-shoulders-in-sight/) - One of the assets that capitalized on Wednesday’s market euphoria was oil. Brent oil, in particular, saw a strong bounce off the long-term lows, with prices surging sharply midweek. However, that momentum proved difficult to sustain, and Thursday brought a noticeable correction. Still, for traders looking deeper into the charts, Brent is painting an intriguing - [Cooling Momentum: Indices Hesitate After Trump-Fueled Rally](https://axioryintelligence.com/news/daily-market-updates/cooling-momentum-indices-hesitate-after-trump-fueled-rally/) - Hello traders, welcome to Friday and the start of the European session. After the whirlwind of market moves this week, Thursday offered a moment to catch our breath — though not without its own twists. Thursday was mostly about digestion. Markets needed to absorb the aftershocks of Wednesday’s explosive rally, which followed Donald Trump’s surprise - [Stock of the day: Fox Corporation](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fox-corporation/) - Fox continues its bearish streak that began back in February, and the technical landscape provides a clear picture for traders. A textbook head and shoulders pattern has developed on the chart, marked with orange rectangles, and the neckline—highlighted in green—has already been broken. That confirms a sell signal in the mid-term, reinforcing the prevailing negative - [Markets Rebound on Trump's Tariff Pause: Historic Rally Unfolds](https://axioryintelligence.com/news/daily-market-updates/markets-rebound-on-trumps-tariff-pause-historic-rally-unfolds/) - What we witnessed yesterday in the American session was nothing short of historic—a day that will be remembered for a long time. Markets saw an astonishing reversal, not only on indices but across the broader financial landscape in a full-blown risk-on move. What sparked it all? A single post on Donald Trump’s Truth Social account, - [S&P 500 Rebound Faces Key Resistance at 5500](https://axioryintelligence.com/analysis/daily-technical-analysis/sp-500-rebound-faces-key-resistance-at-5500/) - After all the market chaos that unfolded yesterday evening, S&P 500 stands out with one of the cleanest and most promising technical setups on the board. The index staged a powerful rebound, and that move brought us right into a key horizontal resistance at 5500 points—a level that previously acted as support on March 14th - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-34/) - In today’s stock spotlight, we’re turning our attention to Tesla, which delivered a stunning 23% gain in a single session—a remarkable performance by any standard. Of course, yesterday’s rally wasn’t unique to Tesla alone, with double-digit gains across many names on the American stock exchange, but Tesla stood out as one of the top performers - [Indices Flash Red – Buyers Under Pressure After Failed Bounce](https://axioryintelligence.com/news/daily-market-updates/indices-flash-red-buyers-under-pressure-after-failed-bounce/) - Markets are continuing their rollercoaster ride, and it seems the turbulence is far from over. Indices once again lured buyers in with a bounce, only to reverse sharply and deliver another wave of losses. As of this morning, American futures are down between 2% and 3%, while European futures are heading into the open with - [Stock of the day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-8/) - In today’s stock of the day, let’s take a closer look at Costco, which is showing a textbook bearish reversal pattern. The large formation marked in yellow on the chart is a classic head and shoulders pattern—a reliable structure in technical analysis that signals a potential trend reversal. We have a clear left shoulder, a - [$2,955: Gold’s Line in the Sand as Bulls Fight for Control](https://axioryintelligence.com/analysis/daily-technical-analysis/2955-golds-line-in-the-sand-as-bulls-fight-for-control/) - In today’s technical analysis, let’s take a look at an interesting and promising setup on gold. Gold is currently defending a key horizontal support around $2,955 per ounce, marked with a green line. This level represents the highs from the end of February and is now being tested as a support level. What makes the - [GBP/CAD on the Edge: Will the Uptrend Line Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-on-the-edge-will-the-uptrend-line-hold/) - Among the weakest major currencies in recent weeks is undoubtedly the British Pound, and this weakness is clearly visible on the GBP/CAD chart. The Canadian Dollar, supported by stronger commodity-linked fundamentals and relative resilience, has outperformed its British counterpart, pushing GBP/CAD lower toward key technical levels. Zooming in on the H4 chart, we observe the - [Stock of the Day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-11/) - In today’s stock spotlight, we turn to Qualcomm, a company that has recently faced a significant downturn. Since the middle of 2024, the stock has undergone a sharp sell-off, falling from highs around $230 to current levels near $130. This dramatic decline — nearly halving the stock’s value — underscores the bearish pressure tech names - [Stock of the day: Netflix](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-netflix-13/) - Friday’s session closed with a sharp decline, taking the stock below crucial technical levels. The dominant feature on the chart is a large head and shoulders pattern, marked in orange. This classic reversal formation has been forming over several months and typically signals the exhaustion of a bullish trend and the beginning of a potential - [Markets in Panic Mode: Futures Dive as Trade War Escalate](https://axioryintelligence.com/news/daily-market-updates/markets-in-panic-mode-futures-dive-as-trade-war-escalate/) - Many investors entered the weekend concerned about the possibility of a "Black Monday" scenario—and it seems those fears weren’t entirely unfounded. The global markets are opening sharply lower this morning, with Asian indices leading the collapse. Notably, the Hang Seng futures are down 10%, setting a grim tone for the start of the week. Ahead - [Capitulation in Sight? S&P 500 Testing Crucial Support Amid Market Selloff](https://axioryintelligence.com/analysis/daily-technical-analysis/capitulation-in-sight-sp-500-testing-crucial-support-amid-market-selloff/) - Today’s spotlight is, of course, the capitulation on indices, particularly the S&P 500, which opened the week with a significant bearish gap. The new trading week kicked off with pressure from a negative close in Asia and a sharp drop in American futures. Looking at the S&P 500 weekly chart, it’s clear that the gap - [EUR/GBP Tests Key Resistance After Euro Outperforms Pound](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-tests-key-resistance-after-euro-outperforms-pound/) - Two main European currencies, the Euro and the British Pound, reacted very differently to this week’s tariff-driven turmoil. The Euro emerged as one of the strongest performers, while the British Pound came under significant pressure. Unsurprisingly, the EUR/GBP pair has been climbing higher as a result. Looking at the broader technical picture, this pair has - [Friday Opens in the Red as Global Selloff Deepens](https://axioryintelligence.com/news/daily-market-updates/friday-opens-in-the-red-as-global-selloff-deepens/) - Hello traders, welcome to Friday morning market commentary. As we wrap up the Asian session and head into the European open, the sentiment remains tense across global markets following Thursday’s chaos sparked by a new wave of U.S. tariffs announced by Donald Trump. The reaction was swift and sharp. Global indices plunged on Thursday, with - [Stock of the day: Citigroup](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-citigroup-7/) - In today’s stock of the day, let’s turn our attention to Citigroup, which is under significant selling pressure and has just hit its lowest levels of 2025. The technical picture is clearly negative and offers little immediate relief for the bulls. The most striking formation on the chart is a Head and Shoulders pattern, marked - [Support Under Siege: S&P 500 Tests Critical 5500 Zone](https://axioryintelligence.com/analysis/daily-technical-analysis/support-under-siege-sp-500-tests-critical-5500-zone/) - In today's technical analysis, all eyes are on the S&P 500—an index taking a heavy hit in the wake of the newly announced reciprocal tariffs. The technical setup here perfectly aligns with the recent fundamental turbulence, making it one of the most interesting charts to watch right now. Over the past few weeks, the S&P - [Markets Plunge as Trump’s New Tariffs Rattle Global Sentiment](https://axioryintelligence.com/news/daily-market-updates/markets-plunge-as-trumps-new-tariffs-rattle-global-sentiment/) - Donald Trump strikes again—this time with a fresh round of reciprocal tariffs, and the market reaction is immediate and severe. Let’s begin with the futures: global indices are in full retreat. Futures are plunging across the board, with widespread red dominating the screens. What was shaping up to be a potentially calm session has been - [Stock of the day: 3M Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-3m-company-4/) - In today’s stock spotlight, we turn to 3M Company, which is currently defending a crucial horizontal support zone around $141. This level, marked in yellow on the chart, has served as a key resistance in September–October, before being successfully retested as support in March. Now, it's under pressure again. What's adding strength to this zone - [Global Indices Under Pressure as DAX Leads Sell-Off](https://axioryintelligence.com/news/daily-market-updates/global-indices-under-pressure-as-dax-leads-sell-off/) - Hello traders, and welcome to Wednesday’s session. Let’s begin with a quick recap of yesterday's key events. The Reserve Bank of Australia held rates steady as expected, and the initial reaction on the Australian Dollar was rather muted. However, two important figures from the US came later in the day: the ISM Manufacturing PMI and - [Silver Holds Steady in Uptrend – Eyes on Wedge Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-holds-steady-in-uptrend-eyes-on-wedge-breakout/) - In today’s Technical Analysis, we focus on silver, which continues to follow a strong and well-structured uptrend, largely in tandem with gold. The bullish sentiment on precious metals remains intact, and silver is showing a textbook setup for continuation—provided key levels hold. After a strong rally, silver has now entered a correction phase, forming a - [Stock of the day: Chevron](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-chevron-3/) - In today’s Stock of the Day, we take a look at Chevron, which is benefiting directly from the renewed strength in oil prices. As is often the case, Chevron’s performance is tightly correlated with crude, and the current upswing in energy markets is translating into clear technical strength for the stock. Looking at the chart, - [Tuesday Rebound: Indices Attempt Bullish Turn After Monday Sell-Off](https://axioryintelligence.com/news/daily-market-updates/tuesday-rebound-indices-attempt-bullish-turn-after-monday-sell-off/) - Tuesday opens with a noticeable shift in sentiment across global indices. After Monday’s session tested new mid-term lows, markets have bounced back with surprising strength. Major indices are now attempting a bullish reversal, and the key question is whether buyers will be able to sustain this upward momentum or not. On the macroeconomic calendar, we’ve - [Stock of the day: Snap Inc](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-snap-inc/) - In today’s stock of the day, we turn our attention to SNAP, which is facing mounting pressure at a critical long-term support level. The key area in question is $8.40, marked by the orange zone on the chart. This level has repeatedly proven to be a vital support for the stock. It held the price - [Inverse Head and Shoulders on GBP/USD Faces Key Test](https://axioryintelligence.com/analysis/daily-technical-analysis/inverse-head-and-shoulders-on-gbp-usd-faces-key-test/) - The first trading day of April brings our attention to a critical setup on the British Pound to US Dollar pair, commonly known as Cable. Monday’s price action reinforced a major technical level that could define the direction for this pair in the coming days or even weeks. The level in question is 1.297, marked - [Metals Shine, Indices Struggle: A Volatile Start to the Week](https://axioryintelligence.com/news/daily-market-updates/metals-shine-indices-struggle-a-volatile-start-to-the-week/) - Hello traders, welcome to Monday and the last trading day of March. The new week begins with a heavy tone, especially across indices, after Friday’s steep sell-off. That drop triggered fresh sell signals on major markets, and Monday isn’t bringing much relief so far. European indices are opening in the red, and DAX is currently - [Bearish Signal Looms as DAX Tests Head & Shoulders Neckline](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-signal-looms-as-dax-tests-head-shoulders-neckline/) - A crucial technical battle is unfolding on the DAX, as the index tests a major support level that could determine the mid- to long-term trend. The area in question is 22,250 points, marked with orange on the chart, which acts as the neckline of a large Head & Shoulders pattern. The pattern itself, highlighted with - [Stock of the day: Intel](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-intel-8/) - In today’s stock of the day analysis, let’s take a look at Intel, which has been relatively quiet throughout March in terms of big moves, but has nonetheless played a crucial role in confirming key technical levels. Over the past few weeks, Intel’s price action has helped solidify a well-defined range between support and resistance. - [Metals Shine, Oil Stalls as Friday Trading Begins](https://axioryintelligence.com/news/daily-market-updates/metals-shine-oil-stalls-as-friday-trading-begins/) - Hello traders, welcome to Friday. We’re starting the European session with a cautious tone across global markets following a mixed but eventful Thursday. The key highlight from yesterday was the US GDP, which came in above expectations at 2.4%, surpassing the forecast of 2.3%. That reinforced the idea of a resilient US economy and initially - [Coffee Futures Under Pressure as Triangle Support Gets Tested](https://axioryintelligence.com/analysis/daily-technical-analysis/coffee-futures-under-pressure-as-triangle-support-gets-tested/) - Traders should keep a close eye on Coffee, which has been locked in a well-defined symmetric triangle pattern since the end of January, marked with converging green trendlines. After a recent bounce off the upper boundary of the formation, price action has been steadily declining and is now pressing against the lower support line of - [Stock of the day: The Walt Disney Company](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-the-walt-disney-company/) - Walt Disney is showing signs of continued bearish pressure, with the chart suggesting limited demand and rising downside risk. Earlier in the year, the price formed a large symmetric triangle pattern, marked with red lines. This structure dominated the first two months of trading. The decisive break below the lower boundary of the triangle in - [Sharp Drop in US Indices Raises Bearish Concerns](https://axioryintelligence.com/news/daily-market-updates/sharp-drop-in-us-indices-raises-bearish-concerns/) - Hello traders, and welcome to Thursday’s trading session. We’re seeing some interesting movements across the markets, but let’s begin with a quick look at the calendar. Yesterday, we had inflation data from both Australia and the UK. The reactions were mixed — the Australian dollar gained strength, while the British pound edged slightly lower in - [Ethereum Flag Formation Hints at Bearish Continuation](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-flag-formation-hints-at-bearish-continuation/) - In today’s technical analysis, let’s take a look at Ethereum, which is currently offering a very clean and interesting setup from a chart perspective. Since mid-March, Ethereum has been in a bullish correction, forming a classic flag pattern, highlighted with green trendlines. This flag, a typical trend continuation formation, has now reached a critical confluence - [Stock of the day: Peloton](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-peloton/) - In today’s stock of the day, let’s take a look at one of the pandemic-era darlings — Peloton. Recently, Peloton formed a classic head and shoulders pattern, clearly marked with orange on the chart. The crucial moment came at the beginning of March, when the price broke the neckline, a key support area highlighted in - [British Pound Drops After Inflation Miss; Eyes on U.S. Data Next](https://axioryintelligence.com/news/daily-market-updates/british-pound-drops-after-inflation-miss-eyes-on-u-s-data-next/) - Hello traders, welcome to Wednesday’s session, where the calendar started strong and continues to offer some key data points. This morning, the main macroeconomic focus was on inflation figures from Australia and the UK. Both came in below expectations and below previous readings. While lower inflation typically pressures currencies, we’re seeing mixed reactions. The British - [Triangle Tightens on Platinum: Bullish Break Looks Likely](https://axioryintelligence.com/analysis/daily-technical-analysis/triangle-tightens-on-platinum-bullish-break-looks-likely/) - In today's technical analysis, let's examine the long-term outlook for platinum, which has been trading within a broad symmetric triangle pattern for a few years. Recently, this formation has become even more compressed, with a smaller triangle marked by green trendlines taking shape inside the larger structure. Last week, platinum tested the upper boundary of - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-25/) - Boeing is currently shaping an inverse head and shoulders pattern, clearly marked with a red rectangle. What makes this formation even more significant is its location—it's developing directly on a major support level: the blue uptrend line that has been connecting higher lows since 2020. The right shoulder of the pattern has recently bounced off - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-18/) - In today's Stock of the Day, let's take a look at the weekly chart of Ford, where the beginning of March brought a major technical development. The price initially dropped sharply, touching new long-term lows, but then staged an impressive comeback. The result? A beautiful hammer candlestick on the weekly chart. What makes this setup - [EURUSD Surges: Bulls Take Charge Inside Wedge Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/eurusd-surges-bulls-take-charge-inside-wedge-formation/) - In today’s technical analysis, let’s focus on EURUSD, which is experiencing a sharp upswing following the start of the European session. The price moved quickly from local lows to local highs, signaling strong intraday demand. What’s particularly interesting is that the pair is trading inside a wedge formation, marked with green trendlines. The lower line - [Quiet Calendar, Busy Charts: Market Moves Despite Data Drought](https://axioryintelligence.com/news/daily-market-updates/quiet-calendar-busy-charts-market-moves-despite-data-drought/) - Today’s economic calendar is unusually quiet. Normally, Tuesday brings at least one major figure, but not this time. The only notable release so far was the German IFO Business Climate index, which came in line with expectations at 86.7 — no real surprise there. Let’s briefly touch on yesterday. Monday was PMI day, and the - [Positive Start to the Week as Traders Eye PMIs and Key Resistance Zones](https://axioryintelligence.com/news/daily-market-updates/positive-start-to-the-week-as-traders-eye-pmis-and-key-resistance-zones/) - Hello traders, welcome to a new trading week—and the last full week of March. The markets have kicked off the week on a positive note, with futures flashing green and a tone of optimism setting in ahead of key macroeconomic data. The spotlight today is on American indices, which are gearing up to challenge major - [EUR/USD: Key Support Holds as European Session Lifts the Euro](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-key-support-holds-as-european-session-lifts-the-euro/) - The European session kicks off with solid gains for the Euro and equity indices, and the EUR/USD pair is offering a textbook technical setup. The focus is on a critical horizontal support zone around 1.082, marked with a yellow line, which has acted as a key level since March 13th. On Friday, the price briefly - [Stock of the day: Wayfair](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wayfair-5/) - Wayfair began March with a significant technical breakdown, delivering a clear long-term sell signal. The trigger came with a decisive move below the key horizontal support at $38, marked with a blue line. This support had previously held since late 2023, making the breakdown particularly meaningful from a technical perspective. On Friday, however, Wayfair posted - [Markets Steady After Central Bank Shake-Up](https://axioryintelligence.com/news/daily-market-updates/markets-steady-after-central-bank-shake-up/) - Hello traders, welcome to Friday. We’re closing out the week with a wave of volatility following a busy Thursday packed with key central bank decisions. The most notable move came from the Swiss National Bank, which cut rates by 25 basis points. Despite the cut being largely expected, the Swiss franc weakened sharply after the - [NASDAQ: Directional Decision Looms at the End of a Sideways Week](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-directional-decision-looms-at-the-end-of-a-sideways-week/) - In today’s technical section, let’s take a look at NASDAQ, which had quite an interesting week—though not much has changed from a broader perspective, even despite the weight of a busy macro calendar. Last Friday, the index managed to escape from the previous downtrend by breaking above the green descending trendline. That move hinted at - [Stock of the day: eBay](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ebay-9/) - Friday’s stock of the day brings us a closer look at eBay, which has been consolidating in recent weeks, moving sideways in a relatively tight range. Despite this short-term stagnation, the broader trend remains bullish, driven by a strong and steady uptrend that started at the end of 2023. This ongoing uptrend is well supported - [Australian Job Data Hits AUD and NZD Hard](https://axioryintelligence.com/news/daily-market-updates/australian-job-data-hits-aud-and-nzd-hard/) - Traders are nearing the end of a busy week of central bank decisions, with major monetary policy updates shaping market sentiment. Yesterday, the Federal Reserve confirmed that two rate cuts remain on the table for 2024, as stated by Jerome Powell. However, after the dust settled, the US dollar strengthened, suggesting that markets are still - [NZD/USD Facing Key Breakdown as Antipodean Currencies Weaken](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-usd-facing-key-breakdown-as-antipodean-currencies-weaken/) - The New Zealand Dollar (NZD) to US Dollar (USD) is experiencing a sharp decline despite an initially positive reaction to better-than-expected GDP data from New Zealand. The initial bullish momentum faded quickly, as weaker-than-expected Australian job data dragged down both NZD and AUD, reinforcing the overall bearish sentiment in Antipodean currencies. Technically, NZD/USD is breaking - [Stock of the day: Alibaba](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-alibaba-15/) - Alibaba's recent price action is showing signs of bullish weakness following a failed breakout attempt from an ascending triangle pattern marked with blue lines on the chart. The stock initially broke above the upper boundary of the triangle on Monday, but failed to hold above it, leading to a false breakout (highlighted in yellow). False - [FOMC Decision Day: Markets Await Fed’s Next Move](https://axioryintelligence.com/news/daily-market-updates/fomc-decision-day-markets-await-feds-next-move/) - Hello, traders! Welcome to Wednesday trading. The calendar is getting busier, and today's focus will be on the highly anticipated interest rate decision from the Federal Reserve. But before we dive into today’s key events, let’s review what happened on Tuesday. Tuesday’s highlight was Canadian inflation data, which delivered a major surprise. CPI surged to - [Oil Bulls Lose Control: Brent Faces Selling Pressure After Failed Rally](https://axioryintelligence.com/analysis/daily-technical-analysis/oil-bulls-lose-control-brent-faces-selling-pressure-after-failed-rally/) - In today's Technical Analysis, let's take a closer look at Brent Oil, which started the week on a strong note but quickly gave up all gains, shifting the sentiment back to negative. Yesterday, in the second half of the session, Brent experienced a sharp sell-off, and the current technical picture suggests further downside ahead. Looking - [Stock of the day: Home Depot](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-home-depot-2/) - In today's Talk of the Day, let's take another look at Home Depot, a stock that I previously analyzed on March 7th. Back then, I pointed out the formation of a large head-and-shoulders pattern, warning that a breakout of the green neckline would trigger a strong sell signal. As you can now see, that breakout - [Indices Correct Slightly After Strong Monday Rally](https://axioryintelligence.com/news/daily-market-updates/indices-correct-slightly-after-strong-monday-rally/) - Hello traders, let’s take a look at the market situation on Tuesday morning before the European session begins. Yesterday, the most important data point was US retail sales, which disappointed expectations, coming in at 0.2% instead of the forecasted 0.6%. The weaker data initially triggered a negative reaction on the US dollar, which is a - [USD/CHF Bearish Flag Breakdown: More Downside Ahead?](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-bearish-flag-breakdown-more-downside-ahead/) - In today's technical analysis, USD/CHF presents a strong bearish setup, with price action continuing its downtrend by forming lower lows and lower highs over the mid-term. This sustained declining structure highlights a clear negative sentiment in the market. Recently, the pair formed a bullish flag pattern, marked by green trendlines, representing a temporary correction within - [Stock of the day: AMD](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amd-12/) - AMD is showing signs of strong bullish momentum after successfully bouncing off a key horizontal support level marked in red, established back in September and October 2023. This support proved reliable once again in March 2025, as the price tested it and reversed sharply to the upside. Currently, AMD is trading near its monthly highs, - [Market Kicks Off the Week with Optimism Amid Heavy Data Load](https://axioryintelligence.com/news/daily-market-updates/market-kicks-off-the-week-with-optimism-amid-heavy-data-load/) - The financial markets are kicking off the week with a packed economic calendar and a cautious attempt at recovery. Monday already delivered key data from China, with industrial production coming in stronger than expected at 5.9% (vs. 5.3% forecasted), signaling resilience in the world’s second-largest economy. Still ahead, traders will closely watch retail sales data - [Head and Shoulders in Play: Will GBP/CAD Confirm the Sell Signal?](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-in-play-will-gbp-cad-confirm-the-sell-signal/) - GBP/CAD is currently trading sideways within an orange rectangle, signaling consolidation. The broader technical setup is a head and shoulders pattern, marked with blue lines, which suggests a potential bearish continuation. Key Levels to Watch: The neckline of the head and shoulders pattern, previously broken and marked with green, is acting as a resistance level. - [Stock of the day: TripAdvisor](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tripadvisor/) - TripAdvisor has been locked in a sideways trend for several months, with price movements confined within a defined range since July. The stock has established a clear resistance at $18.17 (marked with yellow) and strong support at $13.30 (marked with blue). February saw a sharp rejection from the resistance, leading to a decline that recently - [US Dollar Holds Strength Despite Weaker Inflation Data](https://axioryintelligence.com/news/daily-market-updates/us-dollar-holds-strength-despite-weaker-inflation-data/) - Hello traders, welcome to Friday. As we wrap up the week, market sentiment remains fragile, but there are signs of cautious optimism in early trading. Thursday was another challenging session, particularly for equities, as indices struggled to maintain any meaningful upside momentum. In the US, producer price index (PPI) inflation came in weaker than expected - [EUR/USD Correction in Motion – Will Buyers Regain Control?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-correction-in-motion-will-buyers-regain-control/) - EUR/USD had a remarkable start to March, surging to its highest levels since October. The recent bullish run was marked by strong upward momentum, with consecutive large bullish candles indicating robust buying pressure. However, in the last two days, the pair has entered a bearish correction phase. So far, this pullback appears to be a - [Stock of the day: Costco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-costco-7/) - Costco is facing significant bearish pressure, as the stock continues to slide lower, making new yearly lows. The technical situation is deteriorating, and there are no clear signs of reversal for now. The first warning came when the stock broke below the green uptrend line a few days ago, signaling the end of the recent - [Brent Oil Eyes Breakout: Key Resistance in Focus](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-eyes-breakout-key-resistance-in-focus/) - In today’s Technical Analysis, let’s focus on Brent Oil, which is attempting a bullish reversal this week. So far, the recovery has been promising, with prices climbing to weekly highs. Oil has successfully broken above the green downtrend line, which had been limiting gains since mid-February. Now, the focus shifts to the final key resistance, - [Stock of the day: AIG](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-aig-5/) - In today’s Stock of the Day, let’s focus on AIG, a stock that is demonstrating remarkable resilience despite broader market struggles. While many stocks on the U.S. exchanges are facing pressure, AIG has managed to maintain a clear uptrend and continues to climb higher. The latest buy signal was triggered at the end of February, - [Inflation Whipsaw and Safe Haven Strength](https://axioryintelligence.com/news/daily-market-updates/inflation-whipsaw-and-safe-haven-strength/) - Hello traders, welcome to Thursday’s session. We are coming off the back of US inflation data, which provided significant volatility on Wednesday. The report showed lower-than-expected inflation, with CPI at 2.8% instead of 2.9% on a yearly basis, and 0.2% instead of 0.3% on a monthly basis. The initial reaction was textbook—the dollar weakened, but - [Will Inflation Data Fuel a USD/JPY Breakout?](https://axioryintelligence.com/analysis/daily-technical-analysis/will-inflation-data-fuel-a-usd-jpy-breakout/) - Today’s inflation data in the US will likely determine the next major move for the American dollar. One of the key pairs to watch is USD/JPY, which is attempting a modest recovery after reaching new long-term lows earlier this week. However, despite the recent bounce, the pair remains in a downtrend, and key resistance levels - [Will Inflation Surprise the Markets? Traders Brace for Volatility](https://axioryintelligence.com/news/daily-market-updates/will-inflation-surprise-the-markets-traders-brace-for-volatility/) - Hello traders, welcome to Wednesday, a crucial day for the markets as we await the US inflation report. Today’s CPI data is expected to come in at 2.9% year-over-year and 0.3% on a monthly basis. This release is likely to set the tone for trading, especially for the US dollar and equity markets, as investors - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-25/) - In today’s stock of the day, let’s analyze Apple, which has been in a consistent downtrend since the end of February. The overall structure on the chart clearly shows a head and shoulders pattern forming, with the price currently finalizing the right shoulder. The crucial element in this setup is the neckline, a key support - [Dow Jones on the Brink: Key Support Under Pressure](https://axioryintelligence.com/analysis/daily-technical-analysis/dow-jones-on-the-brink-key-support-under-pressure/) - American indices are in freefall, with Tuesday’s session bringing a slight reversal. However, this does not appear to be the start of a new uptrend, nor does it signal the end of the ongoing drop. Instead, this minor bounce looks more like a take-profit move rather than a true shift in sentiment. The overall trend - [Markets Sink Deeper into Bearish Territory](https://axioryintelligence.com/news/daily-market-updates/markets-sink-deeper-into-bearish-territory/) - Yesterday was a brutal session for stock traders, with American indices plunging sharply and European markets also experiencing significant declines. While European indices remain in a technical correction within an uptrend, US indices are entering bearish territory, with key supports already broken and sentiment firmly negative. As we step into Tuesday’s session, the market is - [Stock of the day: Motorola Solutions](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-motorola-solutions/) - In today’s Stock of the Day, let’s take a closer look at Motorola Solutions, which is currently under significant selling pressure. The entire market is experiencing a downturn, and Motorola Solutions is no exception. However, the bearish sentiment on this stock started much earlier than the broader market weakness. A clear head and shoulders pattern, - [Risk-Off Mood Persists as U.S. and Asian Markets Open in the Red](https://axioryintelligence.com/news/daily-market-updates/risk-off-mood-persists-as-u-s-and-asian-markets-open-in-the-red/) - Hello traders, welcome to a new trading week, coming off a brutal stretch for multiple asset classes. Last week saw significant declines in cryptocurrencies and stock indices, with the S&P 500 suffering its worst week since September. The overall market sentiment is not particularly optimistic, though certain sectors, like European indices, managed to perform much - [EUR/CHF Correction Hits Major Support](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-chf-correction-hits-major-support/) - In today's technical analysis, let's take a closer look at EUR/CHF, which has had an eventful trading period. The first half of last week was highly positive for the Euro, as the price climbed significantly higher. However, a bearish correction on Thursday and Friday erased some of those gains, bringing the pair back to a - [Stock of the day: Wayfair](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wayfair-4/) - In today's Stock of the Day, let's analyze Wayfair, which continues to struggle after hitting new long-term lows last week. The stock is under heavy selling pressure, and the technical outlook remains decisively bearish. Wayfair recently broke below a key horizontal support, slightly below $39.50, and also failed to break above its declining dynamic resistance, - [Dow Jones Trapped in a Range: Breakout Coming?](https://axioryintelligence.com/analysis/daily-technical-analysis/dow-jones-trapped-in-a-range-breakout-coming/) - Yesterday, we analyzed NASDAQ, and today, the focus shifts to Dow Jones, which is showing slightly more resilience compared to its tech-heavy counterpart. Interestingly, Dow Jones has been respecting horizontal levels with remarkable precision, trading within a well-defined range as markets anticipate today's crucial U.S. Non-Farm Payrolls report. The closest support level sits at 42,400 - [ECB Cuts Rates, But Focus Shifts to U.S. Job Data](https://axioryintelligence.com/news/daily-market-updates/ecb-cuts-rates-but-focus-shifts-to-u-s-job-data/) - Hello traders, welcome to Friday, the most significant trading day of the week as the highly anticipated U.S. Non-Farm Payrolls (NFP) report is set to be released. This report is expected to have a major impact on the U.S. dollar, stock markets, and commodities, setting the tone for the next trading sessions. Markets have been - [Stock of the day: Home Depot](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-home-depot/) - In today’s Stock of the Day, we’re analyzing Home Depot (HD), which is showing a clear reversal pattern on the daily chart. The formation in focus is a head and shoulders pattern, marked with a yellow rectangle, which is now fully formed and just waiting for confirmation. The final step toward a long-term bearish signal - [Markets Brace for ECB Rate Cut: Volatility Rises Across Assets](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-ecb-rate-cut-volatility-rises-across-assets/) - Hello traders, welcome to Thursday’s trading session. The economic calendar is packed today, with a major focus on the European Central Bank’s (ECB) interest rate decision. A 25 basis point cut is widely expected, which could have a significant impact on the euro and broader market sentiment. Later, the U.S. unemployment claims report is expected - [Stock of the day: Cisco](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-cisco-7/) - Cisco is currently shaping up a bull flag, a classic continuation pattern that suggests a breakout to the upside. This type of pattern represents a brief consolidation within an existing uptrend, often preceding another leg higher. Despite the short-term pullback, the broader structure remains bullish, favoring a continuation of the prevailing trend. A particularly interesting - [Inverse Head and Shoulders on NASDAQ](https://axioryintelligence.com/analysis/daily-technical-analysis/inverse-head-and-shoulders-on-nasdaq/) - The NASDAQ has been navigating a highly defensive market environment over the past two days, with sellers pushing for new lows. However, buyers have stepped in at key levels, preventing a deeper decline and shaping a notable V-shaped reversal. This rapid rebound, observed on both Tuesday and Wednesday, has played a crucial role in forming - [Markets Reverse Course – Will the Momentum Continue?](https://axioryintelligence.com/news/daily-market-updates/markets-reverse-course-will-the-momentum-continue/) - Yesterday was a significant day in financial markets, marked by strong reversals across multiple asset classes. Indices saw a notable turnaround, climbing higher after recent struggles, signaling renewed buying interest. The Japanese Yen also experienced a shift, with Yen pairs rising as the currency weakened. Meanwhile, cryptocurrencies followed suit, with some, including Ethereum, staging rebounds. - [Hammer Candle at Support – A Turning Point for Oil?](https://axioryintelligence.com/analysis/daily-technical-analysis/hammer-candle-at-support-a-turning-point-for-oil/) - In today’s analysis, I’ll focus on Brent Oil, though the same pattern applies to WTI. Since mid-January, oil has been in a strong downtrend, struggling to gain traction. Yesterday, the price briefly touched new yearly lows, but instead of continuing lower, those lows were swiftly rejected, forming a hammer candle (marked with a red rectangle). - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-14/) - At the end of January, I analyzed Johnson & Johnson (JNJ) with a bullish outlook, and since then, the stock has performed well, gaining over $20. However, the situation has now changed. Yesterday's bearish candle, marked by a red rectangle on the chart, stands out as a warning sign. Its formation at a key resistance - [Trade War Escalates: Markets in Risk-Off Mode as Trump and China Clash](https://axioryintelligence.com/news/daily-market-updates/trade-war-escalates-markets-in-risk-off-mode-as-trump-and-china-clash/) - Hello traders, welcome to Tuesday, where global markets are under pressure following escalating trade war tensions and a sharp reversal in risk assets. Yesterday’s key economic data and political developments have set the tone for today's trading, with a strong risk-off sentiment dominating the markets. Trade War Heats Up: Trump Imposes New Tariffs, China Retaliates - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-33/) - In today’s Talk of the Day, let’s take a look at Tesla (TSLA), which has been under heavy selling pressure for the past few months. Since December, Tesla’s stock price has plummeted from $490 to $284, a massive decline driven by multiple factors. The primary reason behind this drop is the significant decline in Tesla’s - [Ethereum Battles Key Support – Breakdown Imminent?](https://axioryintelligence.com/analysis/daily-technical-analysis/ethereum-battles-key-support-breakdown-imminent/) - In today’s analysis, let’s take a look at Ethereum (ETH), which has been struggling for a long time, with no positive catalysts to drive the price higher. Over the weekend, news emerged that Donald Trump proposed placing Ethereum in a special crypto reserve, which initially pushed ETH higher. However, all those gains have since been - [EUR/JPY’s Fakeout Trap – Bulls in Control Now?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-jpys-fakeout-trap-bulls-in-control-now/) - Today’s technical focus is on EUR/JPY, a pair showcasing a strong reversal amid the ongoing weakness in the Japanese Yen against nearly every major currency. What we’re witnessing here is nothing short of a technical masterpiece. The most critical development? A false breakout below the green horizontal support, a classic trap for bears, clearly marked - [Stock of the day: Meta Platforms](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-meta-platforms-4/) - Meta Platforms (NASDAQ: META) is in the spotlight today as the stock successfully defended a critical horizontal support zone around $640 during the final week of February. This level, marked by the orange area, was tested twice, and each time resulted in a solid bounce—reinforcing its importance as a key technical floor. Adding to the - [Markets Kick Off March with a Bang: Crypto Surges, Stocks Rebound, and Key Data Ahead](https://axioryintelligence.com/news/daily-market-updates/markets-kick-off-march-with-a-bang-crypto-surges-stocks-rebound-and-key-data-ahead/) - Welcome to Monday, and it’s shaping up to be an eventful start to the first full trading week of March. The economic calendar is packed, and markets are already moving with energy. First up, all eyes are on the Eurozone CPI flash estimate, expected at 2.3%, which will set the tone for inflation expectations and - [AUD/NZD Tests Key Resistance – Is This a Bull Trap?](https://axioryintelligence.com/analysis/daily-technical-analysis/aud-nzd-tests-key-resistance-is-this-a-bull-trap/) - Today we focus on the Australian Dollar (AUD) and New Zealand Dollar (NZD), both of which are struggling amid a bearish market sentiment. Despite the general weakness, the AUD/NZD pair is showing interesting price action. For most of the week, the pair was trading sideways within a blue rectangle, reflecting indecision and consolidation. However, on - [Stock of the day: FedEx](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-fedex-4/) - In today’s Stock of the Day, let’s examine FedEx, which is showing potential to climb higher, but faces significant challenges from the negative broader market sentiment. Currently, the price is trying to defend a crucial support level at $245 per share, marked in blue on the chart. This level was a key support area in - [Bearish End to February: Indices Drop, Bitcoin Collapses, and Commodities Struggle](https://axioryintelligence.com/news/daily-market-updates/bearish-end-to-february-indices-drop-bitcoin-collapses-and-commodities-struggle/) - Hello traders, and welcome to Friday, the final trading day of February. The market sentiment remains bearish, following Thursday’s sharp sell-off in global indices and the ongoing collapse in Bitcoin. Investors are cautious this morning as they await U.S. Core PCE Price Index data, which is expected at 0.3% and will be closely watched by - [Cautious Optimism as NVIDIA Beats Expectations – GDP in Focus](https://axioryintelligence.com/news/daily-market-updates/cautious-optimism-as-nvidia-beats-expectations-gdp-in-focus/) - Hello traders, and welcome to Thursday. Today, the market is eagerly awaiting the reaction to NVIDIA’s earnings, which were published yesterday after the market closed. The earnings exceeded expectations, bringing a slight bullish sentiment to the market. In pre-market trading, NVIDIA is set to open slightly higher, but with a gain of less than 1%, - [EUR/GBP Pressures Key Support – Bearish Breakout Imminent?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-gbp-pressures-key-support-bearish-breakout-imminent/) - The British Pound remains under consistent bearish pressure, and the EUR/GBP pair is gradually declining, currently testing a crucial long-term horizontal support area, marked in green on the chart between 0.8827 and 0.8265. This support zone has historically acted as a strong demand area, but the sellers are increasing the pressure, signaling a potential bearish - [Stock of the day: 3M](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-3m-8/) - Yesterday, 3M showed a promising bullish reversal, signaling the potential for a buy signal. The price clearly respected the orange support area, which previously acted as a resistance in September and October, leading to a strong bullish bounce. This rejection of support indicates that the demand zone is still active, and buyers are defending this - [All Eyes on NVIDIA: Can Earnings Prevent a Market Drop?](https://axioryintelligence.com/news/daily-market-updates/all-eyes-on-nvidia-can-earnings-prevent-a-market-drop/) - Hello traders, and welcome to Wednesday – a crucial day for stock traders, as NVIDIA is set to report earnings after the market close. The market sentiment today hinges on NVIDIA’s performance, as the tech giant has the potential to influence broader indices and set the tone for tech stocks. Traders are hoping for strong - [Stock of the day: Moderna](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-moderna-7/) - Today’s focus is on Moderna, which continues to drift lower each month, consistently making new lows as it trends downward within a falling wedge pattern marked by blue lines. This wedge formation features a clear support level at the lower line and a clear resistance at the upper line of the wedge. As long as - [WTI Oil Collapses to New 2025 Lows – Will Key Support Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/wti-oil-collapses-to-new-2025-lows-will-key-support-hold/) - Today’s focus is on WTI Oil, which is experiencing a sharp collapse, hitting the lowest levels since December 2024, marking new lows for 2025. The decline accelerated after the price breached the key support at $70.3, marked in orange, which previously held firm in February. This breakdown has shifted the sentiment to bearish, triggering a - [Bitcoin Tests Critical Support as Indices Struggle](https://axioryintelligence.com/news/daily-market-updates/bitcoin-tests-critical-support-as-indices-struggle/) - Hello traders, and welcome to Tuesday. Today’s economic calendar is notably light, with no major Tier 1 data on the schedule. The only notable release is the CB Consumer Confidence report expected at 102.7, which will be out at the end of the European session, but it is unlikely to be a major market mover. - [Stock of the day: Chevron](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-chevron-2/) - Today’s focus is on Chevron, which is currently struggling just as oil prices continue to face challenges. Chevron has been moving sideways for the past three years, trading within a well-defined range, bounded by a horizontal support marked in green and a descending resistance line marked in black. Most recently, the price tested the upper - [Crucial Day for Bitcoin: Will $91,600 Support Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/crucial-day-for-bitcoin-will-91600-support-hold/) - Bitcoin is experiencing a huge drop, and traders in Europe are waking up to the lowest price levels since November 2024. Today, Bitcoin is breaking a critical support level at $91,600, a key level that has held firm since November 2024. This support zone has been a major demand area, and its breakdown marks a - [Positive Start for European Markets as Euro Gains on Election Results](https://axioryintelligence.com/news/daily-market-updates/positive-start-for-european-markets-as-euro-gains-on-election-results/) - Hello traders, and welcome to Monday. This morning, we woke up to the results of the German elections, which were taken positively by the markets. As a result, DAX futures are up almost 1% ahead of the European session, signaling optimism in European equities. The U.S. futures are also in the green, but the sentiment - [Breakout Watch: Dow Jones Nears Crucial Support Levels](https://axioryintelligence.com/analysis/daily-technical-analysis/breakout-watch-dow-jones-nears-crucial-support-levels/) - Today’s focus is on the Dow Jones, which experienced a sharp drop on Friday, marking a significant reversal in the American indices. Compared to its peers, the Dow Jones showed notable weakness, reflecting strong selling pressure as investors reassessed market sentiment. Before this drop, the Dow Jones was moving within a pennant formation, marked in - [Stock of the day: Salesforce](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-salesforce-3/) - Today’s focus is on Salesforce, which is currently facing a bearish scenario, trading at an absolutely key support level. The bearish pattern visible on the chart is a double top formation, marked with a green rectangle, signaling a potential trend reversal. The yellow support level is crucial for several reasons. It serves as the neckline - [USD/CHF Tests Critical Support Amid Persistent Selling Pressure](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-tests-critical-support-amid-persistent-selling-pressure/) - Today’s focus is on the American dollar to Swiss franc (USD/CHF), which is currently testing a critical horizontal support level, marked in yellow. The sentiment remains negative, continuing the bearish trend that began on February 12th. Since then, the price has dropped significantly, and after a brief consolidation, it formed a flag pattern marked in - [Strong UK Retail Sales Lift Pound as Markets Await PMI Releases](https://axioryintelligence.com/news/daily-market-updates/strong-uk-retail-sales-lift-pound-as-markets-await-pmi-releases/) - Hello traders, and welcome to Friday morning. As the European session begins, let’s take a look at the market dynamics following Thursday’s events and the key data releases expected today. Yesterday, the market was shaped by a series of positive data releases, starting with strong employment figures from Australia, which exceeded expectations and provided a - [Stock of the day: Pepsico](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pepsico-7/) - Today’s focus is on PepsiCo, which is having a very successful week, showing steady gains since Tuesday. The stock has been climbing higher every single day, reflecting strong bullish momentum. The bounce didn’t occur at random. The area around $142 served as a key support level, first established in January, and this level was respected - [FOMC Minutes Reveal Caution on Inflation, U.S. Dollar Weakens](https://axioryintelligence.com/news/daily-market-updates/fomc-minutes-reveal-caution-on-inflation-u-s-dollar-weakens/) - Welcome to Thursday, traders! Yesterday, the FOMC meeting minutes provided important insights into the Federal Reserve’s stance on inflation and interest rates. The minutes revealed that Federal Reserve officials agreed they needed to see more evidence of declining inflation before considering any further rate cuts. Additionally, they expressed concerns about the impact of President Donald - [Stock of the day: Exxon Mobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxon-mobil-4/) - Today, we look at Exxon Mobil, which has been moving sideways throughout 2025, forming a symmetric triangle pattern marked by black trendlines. This pattern reflects a period of consolidation, as traders await a breakout to determine the next major directional move. Yesterday, Exxon tested the upper boundary of the triangle, but there was no serious - [GBP/CAD Awaits Breakout as Price Tests Major Resistance Zone](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-awaits-breakout-as-price-tests-major-resistance-zone/) - Today, we focus on British Pound to Canadian Dollar (GBP/CAD), which has been moving sideways for the past few days. This sideways trend is clearly marked within a red rectangle, reflecting a period of consolidation after an upswing that began on February 11th. Interestingly, this range-bound movement is not occurring at random. The upper boundary - [Busy Wednesday: RBNZ Cuts Rates, UK Inflation and FOMC Minutes Ahead](https://axioryintelligence.com/news/daily-market-updates/busy-wednesday-rbnz-cuts-rates-uk-inflation-and-fomc-minutes-ahead/) - Welcome to Wednesday, traders! Today’s economic calendar is packed, with a strong focus on monetary policy and inflation data. The highlight of the day so far has been the Reserve Bank of New Zealand (RBNZ) cutting interest rates by 50 basis points, marking the first move in what is expected to be a series of - [EUR/USD Forms Bullish Flag, Breakout Near?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-forms-bullish-flag-breakout-near/) - Today, we focus on EUR/USD, which is developing a clean and structured pattern. Since February 10, the pair has been in an upswing, followed by a two-day bearish correction. This correction has now reached a key support level, marked in blue, and has taken the form of a flag pattern, outlined by orange trendlines. Currently, - [Stock of the day: Nike](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nike-6/) - Today’s focus is on Nike, which started February under pressure, experiencing a significant drop below key horizontal support at $71 (marked in blue). However, this breakout turned out to be false, as the price quickly rebounded above the level, forming a false breakout pattern, highlighted in the red rectangle. Now that Nike is back above - [Stock of the day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-8/) - A clean bearish setup has emerged on Pfizer, aligning with the broader downtrend in the stock. The price action continues to show lower highs and lower lows, reinforcing negative sentiment and suggesting that sellers remain in control. The recent bullish correction, marked with black lines, formed a flag pattern, which is a typical trend continuation - [Silver Tests Critical $32.5 Resistance: Breakout or Rejection?](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-tests-critical-32-5-resistance-breakout-or-rejection/) - Today, we focus on silver, which is currently challenging a major resistance zone around $32.5 per ounce. This blue resistance area has repeatedly stopped price advances in recent sessions, acting as a strong barrier for further upside. Just yesterday, silver tested this resistance but failed to break through, and once again, during the Asian session, - [Australian Dollar Surges After RBA Rate Cut, Markets Await Key Data](https://axioryintelligence.com/news/daily-market-updates/australian-dollar-surges-after-rba-rate-cut-markets-await-key-data/) - Hello traders, and welcome to Tuesday. Today, markets should return to full volatility and liquidity, as U.S. traders are back after Monday’s holiday closure. Meanwhile, overnight, we had a major event from Australia, as the Reserve Bank of Australia (RBA) cut interest rates for the first time in over four years, reducing the cash rate - [Gold and Silver Attempt Recovery After Friday’s Sharp Drop](https://axioryintelligence.com/news/daily-market-updates/gold-and-silver-attempt-recovery-after-fridays-sharp-drop/) - Hello traders, and welcome to a new trading week. Monday’s economic calendar is nearly empty, with both the U.S. and Canadian markets closed in observance of President’s Day. With lower liquidity expected, price action across major markets may be less volatile, though futures and commodities have already shown some interesting moves. Indices started the week - [Stock of the day: Deutsche Post](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-deutsche-post-2/) - Today, we focus on Deutsche Post, which recently confirmed a bullish reversal on the daily chart. The stock has formed an inverse head and shoulders pattern, marked by green rectangles, indicating a potential shift in trend. Currently, Deutsche Post is trading above a key resistance level around €36, which is marked in yellow. The price - [All-Time Highs in Sight: Will NASDAQ Extend Gains or Correct?](https://axioryintelligence.com/analysis/daily-technical-analysis/all-time-highs-in-sight-will-nasdaq-extend-gains-or-correct/) - On Thursday, I analyzed NASDAQ’s bullish breakout from the symmetric triangle pattern, which set the stage for a strong upside move. At the time, I highlighted two key horizontal resistances marked with orange lines. The price smashed through both levels without hesitation, confirming a powerful buy signal and reinforcing the bullish momentum in the market. - [Cotton’s Bullish Breakout Nears Confirmation: Will Buyers Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/cottons-bullish-breakout-nears-confirmation-will-buyers-hold/) - Today, we focus on Cotton, which is experiencing a strong bullish move, having already broken one key resistance and now testing another critical level. If price action confirms a breakout, this could signal a major shift in trend, opening the door for a long-term buying opportunity. The first key level, the green downtrend line, had - [Stock of the day: Adobe](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-adobe-7/) - Today’s spotlight is on Adobe, which is showing a clear reversal to the upside on the daily chart. The stock has formed an inverse head and shoulders pattern, marked with green rectangles, signaling a potential bullish breakout. What strengthens this setup is that both shoulders have found support at the mid-2024 lows, aligning with the - [Oil Struggles While Metals Rebound, Dollar Remains Under Pressure](https://axioryintelligence.com/news/daily-market-updates/oil-struggles-while-metals-rebound-dollar-remains-under-pressure/) - Good morning, traders, and welcome to Friday’s European session. Markets are coming off an eventful Thursday, with a mix of economic data, geopolitical developments, and risk sentiment shifts shaping the trading landscape. The European and U.S. stock markets extended their gains, as investors continued to react positively to Trump’s peace plan discussions and digest fresh - [Stock of the day: MetLife](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-metlife/) - Today’s focus is on MetLife, where a potentially dangerous bearish formation is developing. The pattern, marked with yellow rectangles, is a head and shoulders formation. This setup, combined with a declining MACD, increases the likelihood of a major bearish drop if the formation plays out fully. Despite this ominous setup, a confirmed sell signal has - [Indices Rebound After Inflation Whipsaw, Eyes on U.S. PPI](https://axioryintelligence.com/news/daily-market-updates/indices-rebound-after-inflation-whipsaw-eyes-on-u-s-ppi/) - Hello traders, and welcome to Thursday. Markets are still reacting to Wednesday’s U.S. inflation report, which came in higher than expected at 0.5% month-over-month (vs. 0.3% expected) and 3% year-over-year (vs. 2.9% expected). As expected, the data triggered high volatility, with the dollar strengthening initially before reversing lower. Indices also saw a sharp drop, followed - [NASDAQ Attempts Bullish Breakout After Inflation Volatility](https://axioryintelligence.com/analysis/daily-technical-analysis/nasdaq-attempts-bullish-breakout-after-inflation-volatility/) - Yesterday’s U.S. inflation report triggered significant volatility in the markets, causing a sharp drop in indices, followed by a strong recovery. As a result, indices are now pushing significantly higher, with NASDAQ at a key technical level. The index is attempting to break out of a symmetric triangle, marked by blue lines. A confirmed breakout - [USD/JPY Approaches Key Resistance After Strong Weekly Rally](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-jpy-approaches-key-resistance-after-strong-weekly-rally/) - The Asian session brought a significant weakening of the Japanese yen, driving USD/JPY sharply higher. The pair has been experiencing a strong recovery throughout the week, rebounding from a notable decline. However, the rally now faces a critical test at a major resistance level. The green horizontal resistance, around 153.8, previously acted as a key - [Stock of the day: PayPal](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-paypal-7/) - Today’s focus is on PayPal, which is currently testing a key horizontal support level at $77.2. This red line has played a significant role in the stock’s price action, serving as a major resistance in 2023 and later becoming a respected support in 2024. Last week, this level successfully held back the downswing, but this - [Yen Weakens Sharply as US Inflation Data Looms](https://axioryintelligence.com/news/daily-market-updates/yen-weakens-sharply-as-us-inflation-data-looms/) - Hello traders, and welcome to Wednesday. The Asian session kicked off with notable currency movements, particularly a sharp weakening of the Japanese yen. As a result, JPY pairs are climbing higher, testing local resistance levels. Meanwhile, the British pound, US dollar, euro, and Swiss franc are all showing strength, adding further momentum to the currency - [Oil Rallies While Metals Slip, Copper Down 2.7%](https://axioryintelligence.com/news/daily-market-updates/oil-rallies-while-metals-slip-copper-down-2-7/) - Hello traders, and welcome to Tuesday. The economic calendar is empty today, but markets are reacting to central bank speeches from Bank of England Governor Andrew Bailey and Fed Chairman Jerome Powell, which have influenced sentiment in key markets. The earnings calendar brought a positive result for Coca-Cola, which reported earnings before the U.S. market - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-17/) - In today’s analysis, we focus on Ford, which is facing significant challenges on the weekly chart. The price is currently at its lowest level since January 2021, having broken through a critical horizontal support that held strong throughout 2023 and 2024. Last week's weekly candle closed below this support, and Monday's session opened beneath it - [Brent Oil Hits Key Resistance After Two Bullish Days](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-hits-key-resistance-after-two-bullish-days/) - Today, we revisit Brent Oil, which is having a strong week so far. Monday saw the market open with a bullish gap, followed by a positive trading session, and Tuesday has continued the momentum with further gains during the European session. This marks two consecutive bullish days, indicating renewed short-term optimism. However, today's price action - [Watch 1.25 on GBP/USD: Breakout Could Define Next Major Move](https://axioryintelligence.com/analysis/daily-technical-analysis/watch-1-25-on-gbp-usd-breakout-could-define-next-major-move/) - In today’s technical analysis, we focus on Cable (GBP/USD), which has established 1.25 as a crucial level over the past few months. This level, marked in blue, acted as a key support in November and December. However, after a breakout to the downside, 1.25 has turned into a key resistance, capping upward moves in January - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-32/) - Today’s focus is on Tesla, which is currently trading at its lowest levels since the end of November. The stock has broken below a critical horizontal support level, marked with yellow around $375. Attempts to regain this level were unsuccessful, reinforcing the yellow resistance as a significant barrier to further upside. As long as the - [Markets Recover Early Gaps as Yen Weakens, Pound Gains](https://axioryintelligence.com/news/daily-market-updates/markets-recover-early-gaps-as-yen-weakens-pound-gains/) - Good morning traders, and welcome to a quiet Monday on the macroeconomic front. While the economic calendar is empty today, markets are still processing Chinese inflation data from Sunday, which came in at 0.5%, slightly above the expected 0.4%. This news has yet to cause any major shifts, as traders turn their attention to market - [Stock of the day: Walt Disney](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-walt-disney-4/) - Today’s focus is on Walt Disney, which has had a volatile week. The stock saw an upswing earlier in the week, only to reverse sharply after its earnings report. The overall outlook is not encouraging at the moment. On the weekly chart, the price is forming a shooting star candle, a bearish indicator suggesting potential - [EUR/AUD Tests Neckline Support as Double Top Formation Unfolds](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-aud-tests-neckline-support-as-double-top-formation-unfolds/) - A classical double top pattern is unfolding on the EUR/AUD daily and weekly charts. The first top formed at the end of December, with the second top emerging on Monday of this week. Since then, the price has experienced a sharp decline, bringing it to a crucial neckline support, marked in yellow on the chart. - [Pound Drops, Yen Strengthens as Markets Eye Key Job Reports](https://axioryintelligence.com/news/daily-market-updates/pound-drops-yen-strengthens-as-markets-eye-key-job-reports/) - Good morning traders, and welcome to Friday. The market is coming off a busy Thursday, highlighted by the Bank of England’s rate cut, which sent the British pound tumbling. The 25-basis point cut was expected, but the negative sentiment was reinforced by a downbeat monetary policy report. Meanwhile, Canadian Ivey PMI came in at a - [Stock of the day: Lockheed Martin](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-lockheed-martin-4/) - What do Lockheed Martin and the DAX have in common? Both are reflecting a market shift as traders begin discounting the end of the war in Ukraine. This shift is evident in Lockheed Martin’s decline and the DAX’s rise. Lockheed Martin, a defense giant, has seen its price decline steadily from over $600 to around - [USD/CAD Support Holds for Now, Buyers Face Last Defense](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-support-holds-for-now-buyers-face-last-defense/) - In today's analysis, we focus on the American dollar to Canadian dollar (USD/CAD), which has been experiencing heightened volatility. This is largely driven by trade war concerns and potential tariffs on Canada, which have had a significant impact on the Canadian dollar's price movements. From a technical perspective, USD/CAD has been moving sideways inside an - [Bank of England Cuts Rates: British Pound Weakens Sharply](https://axioryintelligence.com/news/daily-market-updates/bank-of-england-cuts-rates-british-pound-weakens-sharply/) - Hello traders, and welcome to Thursday. It’s a busy day on the markets, with major economic events and earnings releases driving sentiment. The highlight so far has been the Bank of England’s (BoE) interest rate decision, where a 25-basis point rate cut was implemented as expected, marking a restart of monetary easing in the UK. - [Markets Struggle as Google Prepares for 6-7% Decline After Earnings](https://axioryintelligence.com/news/daily-market-updates/markets-struggle-as-google-prepares-for-6-7-decline-after-earnings/) - Hello traders, and welcome to Wednesday. Today’s economic calendar brings us the ADP Non-Farm Employment Change, a key precursor to Friday's official non-farm payrolls report. Additionally, we have the ISM Services PMI from the U.S., expected to come in at 54.2. These releases could shape sentiment across U.S. markets today. On the earnings front, yesterday's - [Stock of the day: Nike](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nike-5/) - Today’s spotlight is on Nike, which has found a key support level around $70, marked with a blue line. This support has held firm so far, offering slight optimism for buyers. The recent bounce off this support indicates that the stock is attempting to recover and is now aiming for resistance at the black downtrend - [Volatility and Momentum Within Sideways Market on NASDAQ](https://axioryintelligence.com/analysis/daily-technical-analysis/volatility-and-momentum-within-sideways-market-on-nasdaq/) - In today’s analysis, we focus on the NASDAQ, which began the week with a bearish gap but quickly initiated a reversal to the upside. While the index is experiencing high volatility and momentum, the big picture reveals a sideways trend that has persisted for several months. The price has been trading within a pennant formation, - [False Breakout on NZD/JPY: Support Holds and Buyers Take Control](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-on-nzd-jpy-support-holds-and-buyers-take-control/) - In today’s analysis, we focus on the New Zealand Dollar to Japanese Yen (NZD/JPY), which had a volatile start to the new week. The pair opened with a sharp drop but managed to reverse by the end of the session, forming a hammer candle. This candle, characterized by a long lower tail and a small - [Stock of the day: Berkshire Hathaway](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-berkshire-hathaway-6/) - Today's analysis focuses on Berkshire Hathaway, which is currently forming a potentially bearish head and shoulders pattern on the weekly chart. Despite still being near long-term highs, the formation marked by a green rectangle suggests caution, as the stock appears to be in the process of building the right shoulder of this pattern. The head - [Markets Cautiously Rise as Tariff Pause on Mexico and Canada Eases Tensions](https://axioryintelligence.com/news/daily-market-updates/markets-cautiously-rise-as-tariff-pause-on-mexico-and-canada-eases-tensions/) - Trade wars continue to dominate market sentiment, but there has been a slight improvement following the announcement that tariffs on Mexico and Canada are paused. While this news offers some relief, it hasn’t sparked a major rally as traders remain cautious about the potential for further escalations. Markets are still on edge, waiting for new - [Stock of the day: Pfizer](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pfizer-7/) - Today's focus is on Pfizer, which is showing signs of a potential major sell signal in the making. The technical setup indicates a bearish head-and-shoulders pattern, marked with a blue rectangle, that is already active and influencing sentiment. The stock recently broke below a key horizontal support, marked in yellow, and has since been attempting - [False Breakout Revisited? Bitcoin Tests Critical Support Level](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-revisited-bitcoin-tests-critical-support-level/) - Today’s analysis focuses on Bitcoin, which has experienced a dramatic decline after reaching new all-time highs on January 20. Since then, the cryptocurrency has dropped significantly, falling to levels well below $100,000. Early today, Bitcoin touched a critical horizontal support level at $91,000, marked in blue on the chart. This key support level has been - [Trump Escalates Trade Wars: Indices Drop, Dollar Strengthens](https://axioryintelligence.com/news/daily-market-updates/trump-escalates-trade-wars-indices-drop-dollar-strengthens/) - Hello traders, and welcome to volatile Monday, which opened with significant market gaps. For those who didn’t follow the news over the weekend, today's moves might come as a surprise. Let’s dive into what’s driving this morning’s market action, starting with the macro calendar. Earlier today, we received Australian retail sales data, which came in - [Brent Oil Struggles to Escape Wedge Pattern, Breakout Needed](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-struggles-to-escape-wedge-pattern-breakout-needed/) - In today’s analysis, we focus on Brent Oil, which has been struggling since the middle of January. The commodity has shown signs of weakness, though it occasionally makes attempts to recover, and we are currently witnessing another one of those attempts. The blue formation on the chart represents an inverse head and shoulders pattern, which - [Stock of the day: Expedia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-expedia/) - Today’s focus is on Expedia, which has faced significant challenges in January. The stock experienced a notable decline in the second half of the month, and this drop is technically significant. From November through the first half of January, Expedia was moving sideways in a rectangle pattern, marked with yellow lines on the chart. This - [Euro Weakens as Canadian Dollar Recovers Amid Rate Cuts and Data](https://axioryintelligence.com/news/daily-market-updates/euro-weakens-as-canadian-dollar-recovers-amid-rate-cuts-and-data/) - Good morning traders, and welcome to Friday. As the European session begins, markets are digesting Thursday’s key events, including central bank rate decisions, U.S. economic data, and major corporate earnings reports. Today's focus remains on further macroeconomic releases and ongoing reactions to the developments from yesterday. Thursday saw a significant move from the European Central - [Thursday Market Update: ECB Cut, U.S. GDP Miss, and Earnings in Focus](https://axioryintelligence.com/news/daily-market-updates/thursday-market-update-ecb-cut-u-s-gdp-miss-and-earnings-in-focus/) - Hello traders! It’s a busy Thursday on the markets, as expected. Today’s events have brought a mix of surprises and expected outcomes, driving activity across currencies, commodities, and indices. Let’s dive into what’s happened so far and what’s still ahead. Key Events on the Economic Calendar We’ve already seen significant releases, including the European Central - [Long-Term Support Holds for NZD/USD: Bias Turns Positive](https://axioryintelligence.com/analysis/daily-technical-analysis/long-term-support-holds-for-nzd-usd-bias-turns-positive/) - In today’s analysis, we focus on the New Zealand dollar to American dollar (NZD/USD) from a long-term perspective using the weekly chart. The pair is currently showing signs of a rebound from a critical horizontal support level. This support, marked in yellow, corresponds to the lows from 2020 and 2022, making it a key area - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-13/) - Today, we take a closer look at Johnson & Johnson (JNJ), which I previously analyzed in mid-January with a positive outlook. Since then, the stock has delivered on that optimism, having an amazing performance last week and continuing its momentum this week. However, to gain a broader perspective, let’s turn to the weekly chart for - [Fed, BoC, and Big Earnings: A Pivotal Wednesday for Markets](https://axioryintelligence.com/news/daily-market-updates/fed-boc-and-big-earnings-a-pivotal-wednesday-for-markets/) - Hello traders, and welcome to Wednesday—a day packed with key economic events and major earnings releases. The market is already reacting to important data, and more high-impact announcements are on the way. The trading day began with lower-than-expected inflation data from Australia. The country’s quarterly CPI came in at 0.2% instead of the expected 0.3%, - [Double Top and Flag Breakdown Strengthen Bearish Case on EUR/USD](https://axioryintelligence.com/analysis/daily-technical-analysis/double-top-and-flag-breakdown-strengthen-bearish-case-on-eur-usd/) - A very promising bearish setup has emerged on EUR/USD, aligning with the prevailing downtrend. The currency pair initially staged a bullish advance, but this move now appears to have been a false breakout, reinforcing the broader bearish sentiment in the market. The price action formed a flag pattern, marked with green lines, which represents a - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-17/) - Today, we turn our attention to NVIDIA, which experienced a sharp collapse following the DeepSeek AI news over the weekend. The stock faced an aggressive sell-off as investors reacted impulsively to the threat of heightened AI competition. However, Monday brought a reversal attempt, suggesting that traders are now reassessing NVIDIA’s long-term prospects with a more - [Dust Settles After Monday's Tech Drop: Europe Shows Resilience](https://axioryintelligence.com/news/daily-market-updates/dust-settles-after-mondays-tech-drop-europe-shows-resilience/) - Welcome to Tuesday. After yesterday’s dramatic sell-off in tech stocks, particularly those linked to the AI industry, markets are starting to stabilize. Monday saw a sharp drop in the NASDAQ and other major U.S. indices, sparking fears of a broader downturn. However, the impact appears to be largely contained, as European markets have shown resilience, - [EUR/AUD Breaks Long-Term Range: Bullish Sentiment Confirmed](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-aud-breaks-long-term-range-bullish-sentiment-confirmed/) - In today’s technical analysis, we focus on EUR/AUD, which has been moving within a long-term sideways trend since the beginning of the year. The price was confined between two yellow lines, forming a well-defined rectangle. Recently, however, the pair has made a significant move that shifts the market’s sentiment. A few days ago, EUR/AUD tested - [Stock of the day: Colgate](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-colgate-2/) - Today’s spotlight is on Colgate stock, which delivered an impressive performance yesterday with a strong bullish candle signaling a decisive move to the upside. The stock surged from the session's start to its close, breaking through two significant resistance levels in the process. The first breakthrough was at the $90 level, marked in green, a - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-16/) - Today’s focus is on Coca-Cola, which ended Friday with a promising buy signal. However, weekend developments in the broader market, particularly sharp drops on indices, may cast a shadow over the stock's performance. While the decline isn’t directly tied to Coca-Cola, the negative sentiment in the general market could weigh on its price action during - [Weekly Market Commentary | 27.01 - 2.02](https://axioryintelligence.com/news/weekly-market-commentary/weekly-market-commentary-27-01-2-02/) - Curious to know what’s happening on the markets this week? Take a quick tour of the latest news, economic updates, and trading setups that will keep you up-to-date and in the know! Monday The week begins quietly on the economic calendar, but markets are already reacting to the recent release of DeepSeek AI, a new - [Bitcoin Erases Weekly Gains](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoin-erases-weekly-gains/) - Monday has brought significant turbulence to the cryptocurrency market, with Bitcoin leading the charge in a sharp correction. In a swift move, Bitcoin has erased all of last week's gains, underscoring the market's volatile nature. Despite the dramatic sell-off, this correction has helped establish two critical long-term levels for Bitcoin: a yellow resistance around $108,000 - [Tech Bubble Fears and Tariff Drama Spark Monday Volatility](https://axioryintelligence.com/news/daily-market-updates/tech-bubble-fears-and-tariff-drama-spark-monday-volatility/) - Monday has kicked off with sharp volatility across global markets, marked by dramatic moves in indices, currencies, and commodities. This follows Friday’s sell-off from long-term all-time highs, with a surprising reversal taking place early Monday morning. The catalyst for this volatility? A combination of tech sector concerns, fresh tariff developments, and disappointing economic data from - [Stock of the day: Amazon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amazon-14/) - Today’s stock of the day is Amazon, a company we last analyzed on January 15. At that time, Amazon's price was consolidating within a flag formation, resting above a well-defined uptrend line. Back then, I anticipated a breakout to the upside, and as expected, the bullish breakout materialized. This aligns with the broader sentiment in - [USD/CAD Trapped in a Rectangle: Breakout Still Elusive](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-trapped-in-a-rectangle-breakout-still-elusive/) - Today’s focus is on the Canadian dollar, a currency that has been in the spotlight throughout the week due to a combination of disappointing data and comments from Donald Trump regarding potential tariffs. These factors have added pressure to the loonie, but in the case of USD/CAD, the pair has remained locked in a sideways - [From Trade Tensions to PMIs: Markets Brace for Friday’s Finale](https://axioryintelligence.com/news/daily-market-updates/from-trade-tensions-to-pmis-markets-brace-for-fridays-finale/) - Good morning, traders. As we head into the final trading day of the week, markets are reflecting on a whirlwind of activity that has shaped sentiment over the past few days. Thursday brought notable movements, driven by a mix of macroeconomic data and lingering trade concerns, while Friday promises to cap off an eventful week - [Trade War Watch: Trump’s Words Keep Markets on Edge](https://axioryintelligence.com/news/daily-market-updates/trade-war-watch-trumps-words-keep-markets-on-edge/) - Today’s market movements offer a mix of subdued activity and intriguing trends. The calendar featured one key data release for the Canadian dollar: retail sales. Unfortunately for the loonie, the numbers were disappointing, delivering another blow to the currency. However, unlike the dramatic swings seen in previous days due to the proposed tariffs on Canada, - [Stock of the Day: Pinterest](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pinterest-2/) - Today’s focus is on the stock of the day, Pinterest, which has been trading in a relatively quiet and uneventful manner recently. However, this period of low activity is setting the stage for what could be a major breakout. The price is currently oscillating around $31, forming a clear pennant pattern—a classic consolidation setup characterized - [EUR/PLN at Multi-Year Lows: Sentiment Turns Negative](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-pln-at-multi-year-lows-sentiment-turns-negative/) - The EUR/PLN currency pair is witnessing significant developments, marking an important shift in its trend. For months, the pair had been trading sideways in a well-defined rectangle pattern, with boundaries marked by yellow lines. This range-bound movement began in April 2024, and the market showed little directional bias until recent weeks. Starting in December and - [Quiet Calendar, Active Markets](https://axioryintelligence.com/news/daily-market-updates/quiet-calendar-active-markets/) - Hello traders, and welcome to this rather unusual Wednesday—a “weird Wednesday,” as it feels surprisingly quiet with no significant economic data on the calendar. Wednesdays are typically more eventful, but today is an exception. Despite the lack of fundamental drivers, the markets are far from dull, with notable movements taking place in the currency and - [Stock of the day: Google](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-google-6/) - Today’s analysis highlights Google, which has been trading in a sideways pattern since December 11. This prolonged period of consolidation is defined by a clear rectangle formation, marked in blue, signaling a temporary equilibrium between buyers and sellers. Despite several attempts to break out of this range—both to the upside and the downside—the stock has - [No Man’s Land: EUR/USD Tests Critical Levels](https://axioryintelligence.com/analysis/daily-technical-analysis/no-mans-land-eur-usd-tests-critical-levels/) - The EUR/USD, the most traded currency pair in the market, is at a decisive juncture, testing a critical resistance level that has the potential to set the tone for the coming days or even weeks of trading. The importance of this level cannot be overstated—it has acted as a barrier since late November, with no - [Trump’s Tariff Talk Rocks Markets](https://axioryintelligence.com/news/daily-market-updates/trumps-tariff-talk-rocks-markets/) - Yesterday brought unexpected excitement to the financial markets despite the closure of American markets for a holiday. Donald Trump’s revelations on tariffs stole the spotlight, sparking significant movements across currencies. The key takeaway from these comments was a renewed focus on tariffs, which triggered a notable bout of dollar weakness. In contrast, the euro and - [Critical Moment for Gold: Watching $2,720 Resistance](https://axioryintelligence.com/analysis/daily-technical-analysis/critical-moment-for-gold-watching-2720-resistance/) - Gold is at a critical juncture, hovering around a key resistance level at $2,720. This level has proven its importance, serving as a turning point twice before—in November and December—each time triggering sharp reversals. However, the dynamics this time seem slightly different. Earlier this week, gold tested this resistance again. Unlike previous tests, the resulting - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-24/) - Today’s focus is on Boeing, which has been showing positive momentum since the latter half of November and throughout December. December proved particularly fruitful as Boeing managed to reclaim a key resistance level at $163, marked with orange on the chart. This level previously acted as a support in April and August but turned into - [CHF/JPY Buyers Push Higher, Resistance in Focus](https://axioryintelligence.com/analysis/daily-technical-analysis/chf-jpy-buyers-push-higher-resistance-in-focus/) - Today’s setup focuses on Swiss Franc to Japanese Yen (CHF/JPY), presenting a clean and straightforward scenario based on horizontal support and resistance levels. Sometimes, all you need is a solid understanding of these key levels to spot potential trading opportunities. We have a horizontal resistance clearly marked with black lines. This level previously acted as - [Stock of the day: McDonald’s](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-18/) - In today's stock of the day, we're analyzing McDonald's, which has been in a consistent decline since mid-October. The outlook for buyers has been challenging, but a glimmer of hope may lie ahead as the stock has approached a critical horizontal support level. The green horizontal support around $278 appears to be holding the line - [Quiet Monday Kicks Off Amid U.S. Holiday Observance](https://axioryintelligence.com/news/daily-market-updates/quiet-monday-kicks-off-amid-u-s-holiday-observance/) - Hello traders, and welcome to a new week of trading! Today’s session promises limited volatility due to the Martin Luther King Jr. Day observance in the United States. With American institutions closed, we’re unlikely to see significant movements during the U.S. trading hours. The calendar is also empty, which further sets the stage for a - [GBP/USD Testing Support After UK Retail Sales Disappoint](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-usd-testing-support-after-uk-retail-sales-disappoint/) - Hello traders! In today’s technical analysis, we’ll focus on British Pound to American Dollar (GBP/USD), which continues to face selling pressure following weaker-than-expected retail sales data from the UK. This disappointing data adds to the negative sentiment surrounding the British Pound, which has been struggling throughout 2025. The release of weaker UK retail sales figures - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-12/) - In today's analysis, let's focus on Johnson & Johnson, which is currently displaying a very positive technical sentiment. The key feature on the chart is the long-term horizontal support around $144, marked in yellow. This level has served as a significant support area multiple times in the past, including April, May, June, and December. However, - [UK Retail Sales Disappoint, British Pound Faces Continued Pressure](https://axioryintelligence.com/news/daily-market-updates/uk-retail-sales-disappoint-british-pound-faces-continued-pressure/) - Hello traders, and welcome to Friday morning. The European session is underway, and markets are digesting key data published earlier today. Let’s dive into what happened on Thursday and what’s shaping the markets so far this morning. Yesterday was a mixed bag for the markets. U.S. retail sales came in weaker than expected at 0.4% - [Retail Sales Miss Sparks Dollar Weakness Amid Whipsaw Movements](https://axioryintelligence.com/news/daily-market-updates/retail-sales-miss-sparks-dollar-weakness-amid-whipsaw-movements/) - Today’s market action was driven largely by US retail sales data, which came in below expectations at 0.4% instead of the anticipated 0.6%. The initial reaction was choppy, with a whipsaw movement seen on the charts, but after half an hour, the US dollar started to lose ground against its peers. In addition to the - [Sideways Action on GBP/CAD: Awaiting a Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/sideways-action-on-gbp-cad-awaiting-a-breakout/) - Great respect for horizontal levels is evident on the British Pound to Canadian Dollar chart. The pair has been moving sideways in a rectangle since the 13th of January, with clear green horizontal support and orange horizontal resistance marking the boundaries. This creates a clear roadmap for potential trading opportunities. Key Levels to Watch Green - [Stock of the day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-10/) - In today's stock of the day, we turn to Qualcomm, which is showing a promising technical setup. Back in mid-December, Qualcomm broke below a key support level at $154, marked with a blue line. This breakout initially seemed bearish, with the movement highlighted by a red rectangle, but it turned out to be a false - [British Pound Recovers After UK Inflation Miss](https://axioryintelligence.com/news/daily-market-updates/british-pound-recovers-after-uk-inflation-miss/) - Welcome to Wednesday, where inflation dominates the calendar. The focus is on the U.S. Consumer Price Index (CPI), expected to rise on a yearly basis from 2.7% to 2.9%, a key indicator that could shape market sentiment. Earlier in the day, we had inflation data from the UK, which came in slightly below expectations at - [GBP/CAD Tests Key Support: Is a Bullish Reversal on the Horizon?](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-tests-key-support-is-a-bullish-reversal-on-the-horizon/) - In today’s technical analysis, we’re focusing on the British Pound to Canadian Dollar (GBP/CAD), which has been experiencing a heavy drop since mid-December. This decline, however, appears to have reached a temporary support level, marked in green around 1.747. This level corresponds to the lows from late November and has already been tested three times - [Stock of the day: Amazon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amazon-13/) - In today's Talk of the Day, we analyze Amazon, which has been experiencing a bearish correction since December 16th. This correction has taken the form of a falling wedge, a classic technical pattern, marked with blue lines on the chart. Wedges like these often signify potential reversal setups, making this situation intriguing. The wedge has - [Oil Shines in 2025 as Indices Push Higher Amid Inflation Focus](https://axioryintelligence.com/news/daily-market-updates/oil-shines-in-2025-as-indices-push-higher-amid-inflation-focus/) - Hello traders, and welcome to Tuesday's session. The key event for today is Producer Price Index (PPI) inflation data from the US, which is expected to come in at 0.4%. Although less critical than consumer inflation, it could still provide insight into broader economic trends and influence market sentiment. On the currency front, the American - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-15/) - Coca-Cola is presenting an intriguing technical setup as it appears to be reversing a recent bearish breakout. Earlier, the price slipped below the key horizontal support at $61.6, marked in orange, signaling potential downside momentum. However, this breakout proved short-lived, as buyers quickly regained control, pushing the price back toward this level. The reversal highlights - [Bitcoin’s False Breakout: A Bullish Masterclass for Traders](https://axioryintelligence.com/analysis/daily-technical-analysis/bitcoins-false-breakout-a-bullish-masterclass-for-traders/) - Bitcoin is showcasing a classic example of a false breakout—a scenario that technical traders, especially ICT enthusiasts, admire for its clarity and precision. Yesterday, Bitcoin challenged the critical horizontal support at $91,400, breaking below it briefly, only to stage an impressive comeback by the end of the European session. This swift recovery, followed by a - [EURAUD Breaks Wedge Support: Bearish Momentum Builds](https://axioryintelligence.com/analysis/daily-technical-analysis/euraud-breaks-wedge-support-bearish-momentum-builds/) - In today’s technical analysis, we return to EUR to AUD, a pair we closely analyzed on January 9th. Back then, I identified a textbook rising wedge pattern, marked by the blue lines, developing within a broader downtrend that began in late December. Rising wedges in a downtrend often signal continuation to the downside, and today, - [Stock of the day: PayPal](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-paypal-6/) - PayPal has recently given a clear sell signal, confirmed by price action at the end of last week. The key formation to note here is the pattern marked with the yellow rectangle, often referred to as an "initial death pattern." This bearish setup became more prominent as the red neckline was decisively broken, signaling a - [Indices Under Pressure: Key Supports Break Amid Monday's Market Slide](https://axioryintelligence.com/news/daily-market-updates/indices-under-pressure-key-supports-break-amid-mondays-market-slide/) - Hello traders, welcome to Monday. As we dive into the first trading session of the week, we’re met with intriguing movements across the board. Before we jump into the action, let’s quickly look at the calendar, which, as expected for a Monday, is empty. So, let’s focus on what’s happening in the markets. Indices are - [GBP/CHF Breaks Resistance, Signals Promising Buy Opportunity](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-chf-breaks-resistance-signals-promising-buy-opportunity/) - A promising technical setup is unfolding on the chart of British Pound to Swiss Franc, as the pair begins to climb after a prolonged sideways movement. Over the past few days, the price dynamics have shifted, creating a potential bullish opportunity. The chart shows the price bouncing between a key horizontal resistance marked with yellow - [Stock of the day: ExxonMobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxonmobil-12/) - A curious divergence is taking place on the chart of ExxonMobil, as the stock's performance decouples from the recent rise in oil prices. While oil has been steadily climbing, the chart of ExxonMobil tells a different story, with the stock underperforming and struggling to maintain momentum. In the second half of December, ExxonMobil attempted to - [Friday Focus: Job Data from US and Canada to Steer Markets](https://axioryintelligence.com/news/daily-market-updates/friday-focus-job-data-from-us-and-canada-to-steer-markets/) - Hello traders, welcome to the final trading day of the first full week of 2025. Thursday was a surprisingly quiet session, especially for a day that typically sees high volatility and significant data releases. The only notable numbers came from Australia and China. Retail sales in Australia fell short of expectations, landing at 0.8% versus - [Safe Havens Shine While Commodity Currencies Struggle](https://axioryintelligence.com/news/daily-market-updates/safe-havens-shine-while-commodity-currencies-struggle/) - Welcome to Thursday's trading session. Today’s calendar is unusually quiet for a Thursday. Typically packed with significant data releases, today brings only retail sales from Australia, which came in at 0.8%, slightly below the expected 1%, and Chinese inflation, which met expectations at 0.1%. Beyond this, there are no Tier 1 data releases from Europe - [EURAUD: Wedge Formation Signals a Critical Breakout Ahead](https://axioryintelligence.com/analysis/daily-technical-analysis/euraud-wedge-formation-signals-a-critical-breakout-ahead/) - EURAUD presents a classic wedge formation on the chart, developing after a sharp downtrend that began at the end of December. The decline gained momentum on January 2nd, signaling a strong bearish sentiment. However, since then, the pair has entered a bullish correction phase, forming a rising wedge, marked by two converging black trendlines. This - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-24/) - Apple's chart currently presents an intriguing technical setup, one that has drawn attention due to its ongoing decline since mid-December. This drop brings the price closer to a critical support zone, a confluence of two significant levels. The first is the black uptrend line, which has served as a support for the stock during its - [U.S. Dollar Gains, Pound Struggles](https://axioryintelligence.com/news/daily-market-updates/u-s-dollar-gains-pound-struggles/) - Welcome to Wednesday trading. Today’s economic calendar is packed with important data. We began with inflation figures from Australia, which came in higher than expected at 2.3% versus the forecast of 2.2%. While higher inflation often strengthens a currency, this is not the case for the Australian dollar today. It is currently one of the - [False Breakout Sets the Stage for AUD/JPY Decline](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-sets-the-stage-for-aud-jpy-decline/) - The Australian dollar to Japanese yen (AUD/JPY) chart is presenting a very clean and compelling bearish technical setup. Yesterday, the pair experienced a false breakout above a key horizontal resistance marked in red. However, this breakout was short-lived, as the price quickly dropped back below the resistance, signaling a failure of bullish momentum. Today, the - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-16/) - Yesterday was a tough day for NVIDIA, with the stock experiencing a significant drop of more than 6%. The session started on a high note, with the price initially trading near long-term highs, but the optimism quickly faded as sellers took control. By the end of the day, NVIDIA closed at the $140 mark, which - [New Year Momentum: Commodities and Indices Show Strength](https://axioryintelligence.com/news/daily-market-updates/new-year-momentum-commodities-and-indices-show-strength/) - Yesterday, Monday, markets exhibited choppy movements with notable volatility across various asset classes. Starting with indices, the session began on a positive note during the European trading hours, followed by a sharp downswing in the early stages of the American session. However, indices recovered swiftly, producing a whipsaw effect. Today, the bullish sentiment persists, with - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-14/) - Today, Tuesday, we revisit the Coca-Cola chart, which we last analyzed on Thursday, January 2nd. At that time, the price was confined within a descending triangle pattern, delineated by a yellow horizontal support line at $61.5 and a black downtrend line. We discussed the two possible scenarios: a breakout to the upside, signaling a buy - [British Pound Builds Pressure on Swiss Franc](https://axioryintelligence.com/analysis/daily-technical-analysis/british-pound-builds-pressure-on-swiss-franc/) - In today’s technical analysis, we are focusing on the British Pound to Swiss Franc (GBP/CHF), which is currently at a key technical juncture. The pair is testing a significant horizontal resistance level, marked with yellow around 1.137. This level has been a major obstacle in recent weeks, and the rising pressure suggests that a breakout - [Silver’s Sideways Tension: A Breakout Could Spark Big Moves](https://axioryintelligence.com/analysis/daily-technical-analysis/silvers-sideways-tension-a-breakout-could-spark-big-moves/) - Silver currently offers a captivating technical scenario with a mix of bearish and bullish potential. At the center of this analysis is a giant head and shoulders pattern, highlighted by a blue rectangle. This bearish structure has already led to a break of the neckline, marked with yellow. The neckline was retested multiple times as - [Weekly Market Commentary | 06.01 - 12.01](https://axioryintelligence.com/news/weekly-market-commentary/weekly-market-commentary-06-01-12-01/) - Curious to know what’s happening on the markets this week? Take a quick tour of the latest news, economic updates, and trading setups that will keep you up-to-date and in the know! Monday Mondays are often laid-back, and this one is no exception. However, we do have a couple of numbers worth watching: German prelim - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-16/) - Ford's stock on the American Stock Exchange is presenting an interesting bullish setup on the weekly chart. Last week ended with a notable reversal pattern, forming a long lower wick on the weekly candle. This classic hammer candlestick, highlighted with a blue rectangle, is a well-known signal of potential bullish reversal when positioned correctly. In - [First Full Week of 2025: Optimism Returns to Markets](https://axioryintelligence.com/news/daily-market-updates/first-full-week-of-2025-optimism-returns-to-markets/) - Hello traders, and welcome to the first full week of trading in 2025. Monday kicks off with a noticeable reversal on indices, signaling a promising start to the new year. After the declines observed at the close of 2024, we now see a bullish rebound. Investors appear to be entering 2025 in an optimistic mood, - [First Friday of 2025: Indices Attempt Recovery Amid Mixed Sentiment](https://axioryintelligence.com/news/daily-market-updates/first-friday-of-2025-indices-attempt-recovery-amid-mixed-sentiment/) - Good morning, traders! As we enter the final trading day of the first week of 2025, markets are seeing a mix of recovery attempts and continued caution across various asset classes. Let’s take a closer look at what happened yesterday and what’s unfolding today. Thursday Recap Yesterday brought modest optimism as U.S. unemployment claims came - [Stock of the day: Moderna](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-moderna-6/) - Moderna is currently showing some signs of recovery after a challenging period near its long-term lows. At the start of 2025, there is a notable positive development on the charts. Over the past few weeks, a critical area has emerged around the $41.5 mark, marked with a red line. This level has been repeatedly tested - [Critical Bounce on the S&P 500](https://axioryintelligence.com/analysis/daily-technical-analysis/critical-bounce-on-the-sp-500/) - Today, the S&P 500 presents a technical setup that demands attention. A large head and shoulders pattern, marked with an orange rectangle, has been forming on the chart since November. Yesterday, the right shoulder appeared to complete as the price approached the neckline, marked in yellow. However, instead of breaking below, the price bounced off - [Safe Havens Lead as 2025 Kicks Off](https://axioryintelligence.com/news/daily-market-updates/safe-havens-lead-as-2025-kicks-off/) - Hello traders, and welcome to the first trading session of 2025. As expected, today’s macroeconomic calendar is quite light, with only a few key data points to keep an eye on. The US unemployment claims, forecasted at 222,000, will be released later in the day alongside final manufacturing PMIs, which are expected to come in - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-13/) - The new year brings an exciting and pivotal moment for Coca-Cola as it approaches the resolution of a descending triangle pattern. This setup, characterized by a horizontal orange support level at $61.50 and a downward-sloping black trendline, suggests that a significant breakout is imminent. Whichever direction the breakout takes, it is likely to be accompanied - [New Year, New Challenges: Silver Faces Resistance Retest](https://axioryintelligence.com/analysis/daily-technical-analysis/new-year-new-challenges-silver-faces-resistance-retest/) - Silver is starting 2025 with a highly compelling technical setup that could set the tone for its early-year performance. The chart reveals a beautifully formed head and shoulders pattern, marked within an orange rectangle, which developed during the second half of 2024. This pattern led to a decisive breakdown in December, breaching both the yellow - [Final Trading Day of 2024: Calm Before 2025](https://axioryintelligence.com/news/daily-market-updates/final-trading-day-of-2024-calm-before-2025/) - Welcome to the last trading day of 2024! Today’s trading environment is calm as markets prepare to close for the year, with limited data releases and reduced activity across the board. The Chinese economy delivered a mixed report early in the session, with manufacturing PMIs meeting expectations and non-manufacturing PMIs surprising positively at 52.2. Let’s - [Stock of the day: Tesla](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-tesla-31/) - Tesla has been one of the standout stocks recently, enjoying significant gains following Donald Trump's election as president. The stock's rally is attributed to strong market sentiment and the close connections between Donald Trump and Elon Musk, fostering a favorable outlook for Tesla's future. Primary View: Bullish Bias as Long as Support Holds Support on - [Promising Bearish Setup on GBP/CHF](https://axioryintelligence.com/analysis/daily-technical-analysis/promising-bearish-setup-on-gbp-chf/) - A compelling bearish setup is developing on British Pound to Swiss Franc (GBP/CHF). On the daily chart, yesterday’s price action created a shooting star candlestick—often a signal of potential reversal. Importantly, this shooting star appeared at a key horizontal resistance level, marked in yellow, adding further significance to the bearish potential. Primary View: Bearish Signal - [Stock of the day: ExxonMobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxonmobil-11/) - ExxonMobil presents an intriguing setup as we observe a continuation of bearish pressure. The last time ExxonMobil was discussed on December 17th, the price was still holding above a key horizontal support. However, as the chart now reveals, the support has been broken. On Friday, the price attempted to retest the broken support as resistance - [Weekly Market Commentary | 30.12 - 05.01](https://axioryintelligence.com/news/weekly-market-commentary/weekly-market-commentary-30-12-05-01/) - Curious to know what’s happening on the markets this week? Take a quick tour of the latest news, economic updates, and trading setups that will keep you up-to-date and in the know! Monday Inflation from Spain: CPI is expected to come in at 2.6%, offering insight into European price trends. Chicago PMI: Anticipated at 42.7, - [Yen Weakens as Australian and New Zealand Dollars Lead Forex Gains](https://axioryintelligence.com/news/daily-market-updates/yen-weakens-as-australian-and-new-zealand-dollars-lead-forex-gains/) - Hello traders, welcome to the last week—and the final two trading days—of 2024. Today's calendar is relatively busy for a Monday. Key data includes Spanish CPI, expected at 2.6%, which will influence the euro but is not Tier 1 data. From the U.S., we anticipate Chicago PMI at 42.7% and pending home sales at 0.9%, - [Oil Tests Key Resistance: Will the Year Close on a High Note?](https://axioryintelligence.com/analysis/daily-technical-analysis/oil-tests-key-resistance-will-the-year-close-on-a-high-note/) - As we approach the last two trading days of 2024, WTI oil is attempting to close the year on a positive note. The chart reveals an interesting setup as the price seeks to break free from a sideways trend that has persisted since September. This year has been challenging for oil. After an upswing in - [Stock of the day: Google](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-google-5/) - A potentially bearish formation is emerging on Google's chart, marked with a blue rectangle that highlights a possible head and shoulders pattern on local tops. While the long-term sentiment for Google remains positive, this pattern signals caution for traders. The key level to watch is the orange horizontal support, which represents the previous high from - [US Indices Slide Sharply, Santa Rally in Doubt](https://axioryintelligence.com/news/daily-market-updates/us-indices-slide-sharply-santa-rally-in-doubt/) - The final full trading week of the year is closing with volatile movements, particularly in American indices, which are seeing significant declines. The NASDAQ is down nearly 2%, while the S&P 500 and Russell 2000 have fallen 1.2% and 1.5%, respectively. This sharp downturn is erasing gains accumulated over the past few sessions and casting - [Uptrend Intact, But Warning Signs Emerge for EUR/NZD](https://axioryintelligence.com/analysis/daily-technical-analysis/uptrend-intact-but-warning-signs-emerge-for-eur-nzd/) - In today’s technical setup, EUR to NZD continues to trade within a solid uptrend, with the price structure reinforcing bullish sentiment over recent weeks. Most notably, the green uptrend line has proven its significance, providing reliable support during past pullbacks. Current Setup Recently, the pair achieved a breakout above the orange horizontal resistance, signaling a - [Post-Christmas Trading Resumes: Indices Correct, Commodities Rise](https://axioryintelligence.com/news/daily-market-updates/post-christmas-trading-resumes-indices-correct-commodities-rise/) - Trading resumes after the Christmas break, but activity remains limited as not all markets have reopened. However, the Forex market, select commodities, and the American Stock Exchange are operational, providing some movement in the market. American indices are trading in the red, but this appears to be a mere correction following the impressive upswing just - [Stock of the day: Facebook](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-facebook-4/) - In today’s stock of the day, let's focus on Meta Platforms (Facebook), which is showing a promising bullish setup. The recent movements suggest that the stock is positioned for a potential upswing. The price has bounced off a long-term uptrend line, marked with black on the chart. This line has been a reliable support area - [GBP/CAD Tests Critical Neckline Amid Head and Shoulders Formation](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-tests-critical-neckline-amid-head-and-shoulders-formation/) - The markets have reopened after the Christmas break, and an interesting setup can be observed on the British Pound to Canadian Dollar (GBP/CAD) pair. The pair is forming a textbook head and shoulders pattern, highlighted within the green rectangle. This classic bearish formation suggests a potential shift in sentiment, and all eyes are on the - [DAX Bounces Back: Support Holds the Line](https://axioryintelligence.com/analysis/daily-technical-analysis/dax-bounces-back-support-holds-the-line/) - In today's technical analysis, we focus on indices, as the end of December typically marks the "Santa Rally" season—a time when indices often climb higher. However, the current situation suggests hesitation, with some indices like the DAX reaching monthly lows yesterday. This puts us in a curious spot, waiting to see whether the traditional late-December - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-11/) - Johnson & Johnson has recently presented an intriguing technical setup, particularly as it interacts with a critical support level. Previously, we discussed the potential outcomes: a breakout below the support would trigger a sell signal, while a bounce off the support would present a buying opportunity. With a recent recovery in indices, the sentiment appears - [Santa Rally Hopes Grow as Indices Rebound Before the Holidays](https://axioryintelligence.com/news/daily-market-updates/santa-rally-hopes-grow-as-indices-rebound-before-the-holidays/) - Hello and welcome to the Christmas Eve trading session. As we approach the end of the year, many markets are closed today, including some major exchanges. However, trading continues on key platforms such as the Forex market and American futures, providing opportunities for traders to monitor the ongoing trends. Let’s take a closer look at - [Head and Shoulders Pattern Keeps EUR/USD Bears in Control](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-pattern-keeps-eur-usd-bears-in-control/) - Today’s technical focus is on EUR/USD, where last week ended with notable movements, specifically a sharp drop driven by a head and shoulders pattern, marked with yellow color. The neckline of this formation, highlighted in green, was decisively broken, leading to a significant bearish move. However, the drop was halted as the price found support - [Stock of the day: PayPal](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-paypal-5/) - In today's Stock of the Day, let's delve into PayPal, focusing on the weekly chart. The technical picture is far from encouraging, as the price has formed a classic Evening Star candlestick pattern, marked by a sequence of three candles: a bullish candle, followed by a gap-up indecision candle, and finally a bearish candle with - [Santa Rally Begins: Indices Start the Christmas Week on a Positive Note](https://axioryintelligence.com/news/daily-market-updates/santa-rally-begins-indices-start-the-christmas-week-on-a-positive-note/) - Hello traders, welcome to the festive Christmas week! Markets are gearing up for a quieter period, with closures varying by region. Most markets will be closed on Wednesday, and some will remain closed on Thursday. As expected, the economic calendar is relatively light today, though we do have a few key data points: Canadian GDP, - [GBP/CAD Bears Poised for Action: Head and Shoulders Setup](https://axioryintelligence.com/analysis/daily-technical-analysis/gbp-cad-bears-poised-for-action-head-and-shoulders-setup/) - British Pound to Canadian Dollar is currently presenting an eye-catching bearish setup that deserves attention. The pair is in the process of forming the right shoulder of a classic head and shoulders pattern. The setup is reinforced by a false breakout above the yellow resistance, which formed the top of the head, signaling a rejection - [Stock of the day: Pepsi](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pepsi/) - Pepsi is currently facing bearish pressure, aligning with the broader market's struggles. The situation has turned concerning as the price breached the key horizontal support around $157, marked with a blue line. This level had acted as a significant support, and its breakdown is a strong bearish signal, indicating potential further downside. As long as - [Dollar Retreats Slightly After FOMC-Fueled Surge](https://axioryintelligence.com/news/daily-market-updates/dollar-retreats-slightly-after-fomc-fueled-surge/) - Good morning traders, and welcome to Friday. As we near the end of this highly eventful week, the markets are still processing the major moves seen over the past few days, driven largely by central bank decisions and key data releases. Yesterday, Thursday, brought a flurry of activity. The Bank of Japan left rates unchanged - [Hawkish FOMC and Dovish BOJ Shake Forex Markets](https://axioryintelligence.com/news/daily-market-updates/hawkish-fomc-and-dovish-boj-shake-forex-markets/) - What a day, what a week on the forex market! Central bankers are dominating the scene, keeping traders on edge with a flurry of decisions and comments. Yesterday's FOMC meeting delivered a hawkish surprise, strengthening the American dollar and dampening sentiment across global indices. The reaction was sharp and immediate, with major indices plunging and - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-23/) - It’s almost impossible to find any instrument on the American Stock Exchange that avoided yesterday’s sharp drop following the hawkish tone from the FOMC. Most major companies, including Apple, printed large black candles on their daily charts, signaling broad market retracements. For some, these movements are simple pullbacks from recent all-time highs, offering potential opportunities - [Hawkish FOMC Sends Markets Tumbling: NASDAQ at Key Bounce Zone](https://axioryintelligence.com/analysis/daily-technical-analysis/hawkish-fomc-sends-markets-tumbling-nasdaq-at-key-bounce-zone/) - Yesterday’s FOMC meeting and Jerome Powell’s hawkish statement sent ripples across the financial markets, creating what can only be described as a water slide effect. Indices experienced sharp declines, while the dollar strengthened considerably. Today, however, we are seeing attempts at reversal. The dollar is showing a much stronger recovery, while indices remain in a - [EUR/CHF Approaches Key Neckline – Will the Bears Take Control?](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-chf-approaches-key-neckline-will-the-bears-take-control/) - On Euro to Swiss Franc (EUR/CHF), we have an intriguing setup developing, as the pair is in the process of forming the right shoulder of a potential head and shoulders pattern. This is a classic bearish reversal formation, and while the price has not yet confronted the neckline, marked in green, it appears poised to - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-15/) - NVIDIA is currently at the center of attention due to its huge head and shoulders pattern, a structure that has been widely analyzed and discussed in trading circles. The pattern initially triggered concern among buyers when the price broke below the neckline, marked in orange, signaling a potential bearish scenario. However, the bearish momentum was - [Global Markets Await FOMC: Commodities Slide, Indices Sideways](https://axioryintelligence.com/news/daily-market-updates/global-markets-await-fomc-commodities-slide-indices-sideways/) - Today marks a pivotal moment for the dollar and global indices as we anticipate the interest rate decision from the US Federal Reserve, with a 25 basis point cut widely expected. This decision will likely dominate market movements for the day, overshadowing an otherwise quiet calendar. Earlier in the European session, we saw UK inflation - [British Pound Strengthens on Positive UK Data; All Eyes on US Retail Sales](https://axioryintelligence.com/news/daily-market-updates/british-pound-strengthens-on-positive-uk-data-all-eyes-on-us-retail-sales/) - Hello traders, welcome to Tuesday! Let’s first recap the notable movements from Monday. The week began with a surprisingly strong round of services PMIs across major economies. France, Germany, the eurozone, the UK, and the US all delivered better-than-expected readings, which boosted market confidence. Particularly notable was the US flash services PMI, which came in - [Stock of the day: ExxonMobil](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-exxonmobil-10/) - ExxonMobil, despite recent bullish movements in the oil market, remains under notable selling pressure. While oil prices have made a significant upward reversal over the past few days, pushing higher from recent lows, energy stocks, including ExxonMobil, have failed to mirror this upward momentum. The divergence between oil prices and ExxonMobil’s price action suggests cautious - [False Breakout on NZD/JPY Signals Bearish Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/false-breakout-on-nzd-jpy-signals-bearish-reversal/) - In today's technical analysis, let's take a closer look at New Zealand Dollar to Japanese Yen (NZD/JPY), where a significant shift in sentiment has emerged following a false bullish breakout. Yesterday's session began on a positive note, as the price managed to climb above the key horizontal resistance at 88.9, marked with the orange line. - [Global Sentiment Backs CAC 40's Bounce Potential](https://axioryintelligence.com/analysis/daily-technical-analysis/global-sentiment-backs-cac-40s-bounce-potential/) - The French CAC 40 Index is currently approaching a key horizontal support level at 7,340 points, marked with blue lines on the chart. This level has proven its significance multiple times throughout the year. In September and November, it acted as a robust support level, with price rebounding strongly on both occasions. After being breached, - [Stock of the day: American Express](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-american-express-4/) - American Express is currently trading within a well-defined channel up formation, marked by parallel black trend lines that connect the series of higher highs and higher lows over the past few months. This formation showcases a clear bullish trend, with a pattern of upward movements followed by corrective pullbacks. The channel structure reflects consistent technical - [Monday Market Kickoff: PMIs and Corrections Dominate the Session](https://axioryintelligence.com/news/daily-market-updates/monday-market-kickoff-pmis-and-corrections-dominate-the-session/) - Hello traders, welcome to a busy start of the trading week! Contrary to the usual quiet Mondays, today brings a packed calendar with key PMI releases from France, Germany, the Eurozone, the UK, and the US. Recent trends suggest that manufacturing PMIs will likely continue to show weakness, coming in well below 50, while services - [Major Turnaround on EUR/GBP: Key Support Reclaimed](https://axioryintelligence.com/analysis/daily-technical-analysis/major-turnaround-on-eur-gbp-key-support-reclaimed/) - The EUR/GBP pair has experienced a remarkable turnaround this week after starting with a significant sell-off. On Tuesday, the price broke below a key horizontal support level marked in yellow, signaling initial weakness. The decline deepened on Wednesday, reinforcing bearish sentiment. However, on Thursday, the market staged a major reversal, signaling renewed strength in the - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-10/) - Johnson & Johnson has had a volatile year, with its price swinging from local lows in the middle of the year to yearly highs in September, and now retracing towards those earlier lows. On the weekly chart, two critical levels are dominating the technical outlook. The first key level is a horizontal support zone around - [UK GDP Miss Sends British Pound Lower in Early Trading](https://axioryintelligence.com/news/daily-market-updates/uk-gdp-miss-sends-british-pound-lower-in-early-trading/) - Good morning, traders. As we approach the final trading stretch of the week, the market is buzzing with activity after Thursday’s volatile session, which brought several key economic developments and impactful moves across the charts. On Thursday, the Swiss National Bank surprised the markets with a 50 basis point rate cut, double the expected 25 - [Surprises from SNB and PPI Shape the Markets](https://axioryintelligence.com/news/daily-market-updates/surprises-from-snb-and-ppi-shape-the-markets/) - Today’s session has been dominated by significant economic events and notable market reactions. The calendar has kept traders busy with surprises and shifts in sentiment across various asset classes. The day began with exceptional data from the Australian job market, which showed stronger-than-expected results. This immediately bolstered the Australian dollar, making it the standout performer - [Key Levels Hold on EUR/JPY Despite ECB Decision](https://axioryintelligence.com/analysis/daily-technical-analysis/key-levels-hold-on-eur-jpy-despite-ecb-decision/) - Today’s ECB interest rate decision delivered a 25 basis point cut, as widely anticipated. The move lacked the surprise element seen earlier with the Swiss National Bank, which cut 50 basis points instead of 25, causing notable volatility. For the euro, however, the reaction has been more subdued, with limited fluctuations compared to typical interest - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-23/) - In today’s stock of the day, we analyze Boeing, which is presenting a positive technical setup on the charts, signaling a potential buy opportunity. Key Technical Developments False Breakout in November November saw a false breakout to the downside from the wedge pattern marked with black lines. This false breakout, highlighted by orange rectangle, often - [Bearish Opportunity on NASDAQ: Head and Shoulders in Play](https://axioryintelligence.com/analysis/daily-technical-analysis/bearish-opportunity-on-nasdaq-head-and-shoulders-in-play/) - While NVIDIA, one of the most influential components of the NASDAQ Index, is developing a large Head and Shoulders pattern, NASDAQ itself is forming a smaller version of the same pattern on the H4 and H1 timeframes. Technical Overview The left shoulder and head were established in the previous week. This week, we are observing - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-14/) - In today's Stock of the Day, let's focus on NVIDIA, a trader's favorite and a key driver of the global bull market. The chart reveals a familiar and critical structure: a Head and Shoulders pattern, with the shoulders clearly outlined within the red rectangle. Currently, NVIDIA is completing the right shoulder, and its fate now - [US Inflation and Bank of Canada in Focus: Key Wednesday Drivers](https://axioryintelligence.com/news/daily-market-updates/us-inflation-and-bank-of-canada-in-focus-key-wednesday-drivers/) - Hello traders, welcome to Wednesday's session. Today brings a busy calendar headlined by inflation data from the US, with expectations for a rise to 2.7% year-over-year, up from the previously reported 2.6%. Also in focus is the Bank of Canada, which is widely expected to implement a 50 basis point rate cut. These events make - [Stock of the day: Microsoft](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-microsoft-10/) - Today, let's focus on Microsoft, which is showing strong positive sentiment after overcoming a critical technical setup. The stock had a chance to form a head and shoulders pattern, but sellers failed to capitalize on it. The anticipated breakout below the yellow horizontal support and black uptrend line never materialized, preventing the bearish scenario from - [Speculative Sentiment Positive as EUR/PLN Defends Support](https://axioryintelligence.com/analysis/daily-technical-analysis/speculative-sentiment-positive-as-eur-pln-defends-support/) - Today, let's examine Euro to Polish Zloty (EUR/PLN), a highly technical pair that has been confined to a sideways trend for most of 2024. The range is defined by two key horizontal levels, which have acted as consistent boundaries for the pair: a support level at 4.245, tested multiple times, and a resistance at 4.37, - [RBA Statement Sends Australian Dollar Tumbling](https://axioryintelligence.com/news/daily-market-updates/rba-statement-sends-australian-dollar-tumbling/) - Hello traders, and welcome to Tuesday. Today’s market is reacting to overnight developments, with the Reserve Bank of Australia (RBA) keeping rates unchanged at 4.35%. However, the accompanying statement was perceived as dovish, causing a sharp drop in the Australian dollar. This stands in stark contrast to the strength we saw on Monday, making yesterday’s - [Stock of the day: Philip Morris](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-philip-morris-4/) - In today's stock of the day, we take a closer look at Philip Morris, which is currently moving within an uptrend, though its performance has been more cautious compared to other instruments. The price action reveals a sense of hesitation, as Philip Morris is forming a classic ascending triangle pattern—a bullish formation that could soon - [Brent Oil Reclaims Key Levels, Signals Bullish Reversal](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-reclaims-key-levels-signals-bullish-reversal/) - In today's technical analysis, let's focus on Brent oil, which is currently showcasing signs of a strong bullish reversal. For the past few months, Brent has been confined to a sideways trend, moving within a well-defined triangle pattern. However, significant developments at the end of the previous week brought notable changes to the chart. Last - [Antipodean Currencies Surge as USD and JPY Struggle](https://axioryintelligence.com/news/daily-market-updates/antipodean-currencies-surge-as-usd-and-jpy-struggle/) - Hello traders, welcome to the first European session of the week. Monday begins with notable volatility in the forex market, particularly among the antipodean currencies. Both the New Zealand Dollar (NZD) and the Australian Dollar (AUD) are demonstrating significant strength, climbing higher against their peers. On the weaker side, we observe American Dollar (USD) and - [USD/CHF: Head & Shoulders Breakout Sets Bearish Tone](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-chf-head-shoulders-breakout-sets-bearish-tone/) - In today's analysis, let's delve into the technical setup on American Dollar to Swiss Franc (USD/CHF), which is presenting one of the most striking occasions on the market. Currently, the pair is showcasing a giant Head & Shoulders pattern, a classic bearish reversal structure that has been developing since mid-November. The key components of this - [Stock of the day: General Electric](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-general-electric-8/) - In today's stock of the day, we conclude the first trading week of December with an analysis of General Electric (GE), which is currently under significant selling pressure. Yesterday’s session was distinctly bearish, with the price declining steadily from the opening bell to the close. This sustained pressure led to the critical breakdown of a - [US Dollar Faces Pressure Ahead of NFP Report](https://axioryintelligence.com/news/daily-market-updates/us-dollar-faces-pressure-ahead-of-nfp-report/) - Good morning, traders. As we close out the first week of December, Friday promises to be eventful, with Non-Farm Payrolls (NFP) from the US at the forefront. The NFP report is expected to rebound from last month’s disappointment, with forecasts set at 211,000. Canadian job data is also on tap, making labor markets the primary - [Bitcoin Surges Past $100K as Indices Enter Full Bull Market](https://axioryintelligence.com/news/daily-market-updates/bitcoin-surges-past-100k-as-indices-enter-full-bull-market/) - Welcome to Thursday's trading session. As expected for the day, the economic calendar is rather light, with the only key release being unemployment claims from the US. While important, these claims typically do not generate significant volatility across the markets. Overnight and Currency Movements Overnight, we heard comments from Bank of Japan board member Nakamura, - [Stock of the day: PepsiCo](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pepsico-6/) - PepsiCo is presenting an intriguing setup for long-term investors on the weekly charts. The focus is on the $156 support level, marked with a blue rectangle, which has proven its strength multiple times since 2022. This level was recently tested, and the price rebounded, hinting at potential bullish momentum. Key Technical Observations Strong Support at - [Brent Oil Nears Breakout: Triangle Pattern Holds the Key](https://axioryintelligence.com/analysis/daily-technical-analysis/brent-oil-nears-breakout-triangle-pattern-holds-the-key/) - Brent Oil has been moving sideways for weeks, a trend that has tested the patience of traders. However, the technical setup suggests that this period of consolidation is nearing its end, with a breakout likely to occur soon. The price of Brent Oil is confined within a symmetric triangle pattern, marked by black trend lines. - [Stock of the day: Facebook](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-facebook-3/) - Today, we turn our attention to Meta Platforms (formerly Facebook), which is showcasing remarkable bullish momentum as it sits on long-term highs. The technical landscape for this stock presents a compelling case for further gains, as buyers demonstrate strong control over key levels. Meta recently defended a significant horizontal support level at $545, marked in - [NZD/JPY: Will the Triple Bottom Trigger a Bullish Reversal?](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-jpy-will-the-triple-bottom-trigger-a-bullish-reversal/) - In today's technical overview, we focus on the potential reversal developing across pairs with the Japanese Yen, as the Yen shows signs of weakening and attempting to correct its recent streak of strength. A particularly interesting example is New Zealand Dollar to Japanese Yen (NZD/JPY), where the technical setup is remarkably precise. The price action - [Australian GDP Miss Sparks Sell-Off in Antipodean Currencies](https://axioryintelligence.com/news/daily-market-updates/australian-gdp-miss-sparks-sell-off-in-antipodean-currencies/) - Hello traders, and welcome to Wednesday's trading session. The markets opened with significant developments across the board, starting with weaker-than-expected GDP data from Australia, which came in at 0.3%. This has caused notable weakness in antipodean currencies, with both the Australian and New Zealand dollars under pressure. Later today, the focus will shift to key - [Nasdaq Breaks Key Resistance, Signals Further Upside](https://axioryintelligence.com/news/daily-market-updates/nasdaq-breaks-key-resistance-signals-further-upside/) - Hello traders, and welcome to Tuesday. The European session is unfolding with a strong start for many markets, despite a relatively quiet macroeconomic calendar. Early in the session, we saw inflation data from Switzerland come in line with expectations at -0.1%. Interestingly, this has fueled strength in the Swiss franc, which has gained value significantly - [Stock of the day: Apple](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-apple-22/) - Apple is currently displaying strong bullish momentum, driven by a fresh buy signal generated from a classic ascending triangle pattern. The formation consists of a horizontal orange resistance and a black dynamic uptrend line. This bullish chart pattern has now been activated with a breakout above the orange resistance, signaling the start of a potential - [Silver Rallies with Inverse Head and Shoulders Pattern in Play](https://axioryintelligence.com/analysis/daily-technical-analysis/silver-rallies-with-inverse-head-and-shoulders-pattern-in-play/) - Silver is currently showing strong upward momentum, distinguishing itself from gold, which remains largely range-bound. This divergence highlights the unique dynamics at play in the silver market. The key feature on the chart is a classic inverse head and shoulders pattern, marked with a blue rectangle on the right-hand side. This pattern is a well-known - [Sellers Hold the Line: Will NASDAQ Defend the 21,000 Resistance?](https://axioryintelligence.com/analysis/daily-technical-analysis/sellers-hold-the-line-will-nasdaq-defend-the-21000-resistance/) - Currently, three critical levels define the landscape for NASDAQ: Lower Black Long-Term Uptrend Line: This line connects the lows since September, serving as the primary support for the index. Shorter-Term Upper Black Downtrend Line: This line connects the highs since the beginning of November, forming a clear descending resistance. Psychological Barrier of 21,000: Marked in - [Stock of the day: McDonald’s](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-mcdonalds-17/) - In today's talk of the day, let's analyze McDonald's, which has been navigating a significant technical setup in October and November. The stock experienced a false breakout above the key horizontal resistance at the $300 psychological barrier, marked with orange. This level has been a critical battleground for buyers and sellers, acting as a magnetic - [First Week of December Begins: Indices Hold Breath for New Highs](https://axioryintelligence.com/news/daily-market-updates/first-week-of-december-begins-indices-hold-breath-for-new-highs/) - Hello traders, and welcome to the first trading week of December. The markets are already setting the stage for an eventful week. Monday kicks off with a relatively busy calendar. Earlier, we saw retail sales from Australia, which exceeded expectations at 0.6%, beating the forecast of 0.4%. Still ahead, we have the ISM Manufacturing PMI - [Key Resistance Holds: GBP/CHF at 1.1221 Barrier Again](https://axioryintelligence.com/analysis/daily-technical-analysis/key-resistance-holds-gbp-chf-at-1-1221-barrier-again/) - As we wrap up November, British Pound to Swiss Franc (GBP/CHF) presents a compelling technical setup. The pair is currently testing a key horizontal resistance level at 1.1221, marked in orange. This level has been a significant barrier for price action, as evidenced by repeated rejections on November 18th, 20th, and 25th. The resistance remains - [Japanese Yen Gains as Inflation Surprises](https://axioryintelligence.com/news/daily-market-updates/japanese-yen-gains-as-inflation-surprises/) - Hello traders, welcome to Friday. We’re wrapping up the last week of November with a market still buzzing with activity despite the Thanksgiving holiday in the U.S. on Thursday, which significantly reduced liquidity and trading volumes. While American markets were quiet, European and Asian sessions have been lively, setting the tone for an engaging end - [Key Reversal Pattern Developing on USD/CHF](https://axioryintelligence.com/analysis/daily-technical-analysis/key-reversal-pattern-developing-on-usd-chf/) - In today’s analysis, we focus on the American dollar to Swiss franc, which is forming a potential reversal pattern at the top of its recent uptrend. The pair had been in a strong uptrend, but the momentum has cooled, leading to the formation of a double top pattern. Alternatively, the same setup could also be - [Thanksgiving Thursday Brings Muted Market Activity](https://axioryintelligence.com/news/daily-market-updates/thanksgiving-thursday-brings-muted-market-activity/) - Hello traders, and welcome to Thursday's session. Typically, Thursdays are among the busiest and most volatile trading days of the week, but with today being Thanksgiving in the U.S., market activity is expected to taper off significantly, particularly after the London session closes. The day has already seen the release of Spanish flash CPI, which - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-12/) - In today’s stock of the day, we focus on Coca-Cola, which has demonstrated a strong bullish reversal since mid-November. The latter half of the month has been particularly positive for Coca-Cola, as the price rebounded from a key horizontal support at $61.50. Now, the stock is approaching a critical resistance level at $64.40, marked in - [S&P 500 Tests Resistance: False Breakout in Play?](https://axioryintelligence.com/news/stock-of-the-day/sp-500-tests-resistance-false-breakout-in-play/) - In today’s technical analysis, let’s turn our attention to the S&P 500, which is potentially setting up for a bearish move. The index is grappling with horizontal resistance, marked in blue, established by highs on November 11th and retested on November 25th. Earlier today, during the Asian session, the price briefly broke above this key - [Stock of the day: Visa](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-visa-9/) - In today's stock of the day, let's focus on Visa, which had a significant bearish reversal during yesterday's session. This movement is technically critical and indicates a shift in sentiment. The chart reveals a rectangle pattern marked in blue, representing a consolidation phase. On Monday, the price attempted a breakout to the upside, and this - [New Zealand Dollar Strengthens Despite Rate Cut](https://axioryintelligence.com/news/daily-market-updates/new-zealand-dollar-strengthens-despite-rate-cut/) - Hello traders, and welcome to Wednesday trading. Today’s macro calendar is already shaping up to be impactful. Inflation from Australia came in lower than expected, leading to a weaker Australian dollar. Additionally, we had an interest rate decision from New Zealand, which delivered the expected 50 basis points cut. Despite the rate cut, the New - [Head and Shoulders Pattern Puts Silver at a Crossroads](https://axioryintelligence.com/analysis/daily-technical-analysis/head-and-shoulders-pattern-puts-silver-at-a-crossroads/) - In today’s technical analysis, silver takes center stage as it navigates a pivotal moment on the chart. The red area clearly illustrates a textbook head and shoulders pattern, which is now approaching a critical decision point at its yellow neckline. The resolution at this level will likely determine the long-term trajectory for silver. Currently, the - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-13/) - Today’s stock of the day is NVIDIA, which has been on a notable decline since its earnings report, despite the results surpassing expectations. This drop highlights a classic technical pattern in motion—a triple top formation—suggesting further bearish momentum in the near term. The triple top is clearly defined by the green rectangle on the chart, - [Canadian Dollar Tumbles as Trump Threatens Trade Tariffs](https://axioryintelligence.com/news/daily-market-updates/canadian-dollar-tumbles-as-trump-threatens-trade-tariffs/) - The markets are off to a volatile start this Tuesday, with significant developments driven by political rhetoric and macroeconomic factors. One of the standout stories today centers on the Canadian dollar, which has been rocked by comments from former US President Donald Trump. Alongside this, we see mixed trends in indices, persistent weakness in commodities, - [EUR/USD Traders Brace for Key Resistance Outcome](https://axioryintelligence.com/analysis/daily-technical-analysis/eur-usd-traders-brace-for-key-resistance-outcome/) - In today's technical analysis, we turn our attention to EUR/USD, which is currently testing two pivotal resistance levels. The first is the yellow horizontal resistance, and the second is the black downtrend line—both of which are crucial in determining the pair's next significant move. The initial contact with these resistance levels has resulted in a - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-22/) - In today's stock of the day, let's take a closer look at Boeing, which has made a notable technical reversal after a period of selling pressure. Previously analyzed as being in a bearish setup, Boeing has recently provided signs of a potential turnaround, shifting short-term sentiment to the positive side. On the chart, the orange - [Euro Extends Recovery Amid Weakness in the Dollar](https://axioryintelligence.com/news/daily-market-updates/euro-extends-recovery-amid-weakness-in-the-dollar/) - As we begin a new trading week, the markets are off to a quiet start, which is typical for a Monday. The main item on today’s calendar is the German IFO Business Climate Index, expected to come in at 86.1. This release will provide an early look at sentiment in the Eurozone's largest economy, but - [Stock of the day: Qualcomm](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-qualcomm-9/) - Today’s focus is on Qualcomm, which finds itself at its lowest levels since August, reflecting ongoing and significant selling pressure. The stock's recent performance highlights a pronounced bearish sentiment, driven by two critical technical breakdowns. Qualcomm's price action has managed to break below two important support levels. The first is the black uptrend line, which - [Euro Plummets to Two-Year Low Amid PMI Weakness](https://axioryintelligence.com/news/daily-market-updates/euro-plummets-to-two-year-low-amid-pmi-weakness/) - As we enter Friday’s trading session, markets remain on edge following Thursday’s notable movements and a slew of underwhelming economic data. NVIDIA’s much-anticipated earnings report, released Wednesday after the market close, set the stage for Thursday’s trading, but geopolitical tensions and weak European economic indicators quickly stole the spotlight. NVIDIA delivered an impressive earnings report - [Geopolitical Tensions Spark Volatility Across Assets](https://axioryintelligence.com/news/daily-market-updates/geopolitical-tensions-spark-volatility-across-assets/) - Hello traders, as we transition from the European to the American session on this Thursday, let's assess the current market landscape. The economic calendar is relatively quiet, with the most notable release being unemployment claims from the U.S., which came in lower than expected—a positive development for the labor market. However, the spotlight remains firmly - [Safe Haven Effect: Swiss Franc Pressures EUR/CHF Below Key Support](https://axioryintelligence.com/analysis/daily-technical-analysis/safe-haven-effect-swiss-franc-pressures-eur-chf-below-key-support/) - In today's technical analysis, we focus on Euro to Swiss Franc, a pair that is under significant bearish pressure due to geopolitical developments, including the ongoing Russian aggression in Ukraine and recent reports of alleged ballistic missile attacks. As the Swiss Franc retains its reputation as a safe-haven currency, it has strengthened significantly against the - [Stock of the day: Amazon](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-amazon-12/) - In today's stock of the day, let's examine Amazon, which is currently at a crucial juncture, testing the psychological $200 level, marked with red on the chart. This horizontal support has a rich history, having acted as resistance in June and July before turning into support. The first test of this level has so far - [SP500 Eyes Recovery: Double Bottom Sets Bullish Tone](https://axioryintelligence.com/analysis/daily-technical-analysis/sp500-eyes-recovery-double-bottom-sets-bullish-tone/) - In this technical analysis, we take a close look at the SP500, which has shown promising signs of a reversal pattern. The double bottom formation, marked within the red rectangle, appeared at a significant horizontal support level around 5870 points, delineated by an orange line. This level is crucial as it has historically acted as - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-12/) - NVIDIA finds itself at a critical juncture as it approaches the announcement of its earnings, expected to be released after the market closes today. This position close to its long-term highs means that the anticipation is palpable among traders and investors alike. Currently, NVIDIA's price hovers just beneath the orange horizontal resistance, a key level - [Global Markets Steady Ahead of NVIDIA's Earnings Report](https://axioryintelligence.com/news/daily-market-updates/global-markets-steady-ahead-of-nvidias-earnings-report/) - Hello and welcome to Wednesday. Today’s economic calendar is quite sparse, with the main focus being the UK inflation data, expected at 2.2%. However, all eyes are on the earnings calendar, which holds a highly anticipated event: NVIDIA is set to release its earnings report after the market closes. This announcement is eagerly awaited, as - [Metals Rebound Strongly While Indices Face Cautious Recovery](https://axioryintelligence.com/news/daily-market-updates/metals-rebound-strongly-while-indices-face-cautious-recovery/) - Hello traders, welcome to Tuesday. Today’s calendar brings a key focus on the Canadian dollar, with Canadian inflation data set to be released at the start of the American session. Expectations point toward a monthly increase of 0.3%, which could influence the Canadian dollar's movement depending on whether the data surprises to the upside or - [Bullish Rebound on Brent Oil: Key Targets in Sight](https://axioryintelligence.com/analysis/daily-technical-analysis/bullish-rebound-on-brent-oil-key-targets-in-sight/) - Brent Oil is currently showing signs of resilience as it bounces off a crucial support level marked in blue, located around $71 per barrel. This level has proven significant in the past and its defense signals that buyers are stepping in to maintain the price above this threshold. Yesterday's market action reinforced this, with a - [Stock of the day: Wayfair](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-wayfair-3/) - Wayfair's chart shows an intriguing technical setup, currently positioned at a critical horizontal support level established back in August. This support has been tested multiple times, demonstrating ongoing pressure from sellers and a hesitancy in the demand side. The nature of these tests indicates that buyers are struggling to mount a significant rebound, lacking the - [New Week Kicks Off with Reversals Across Markets](https://axioryintelligence.com/news/daily-market-updates/new-week-kicks-off-with-reversals-across-markets/) - Hello traders, welcome to a new week! This week is pivotal, particularly for the Canadian dollar due to upcoming inflation data and for NVIDIA, which will release its earnings on Wednesday after the market closes—an event that could impact the broader stock market significantly. Additionally, this week is crucial for PMI data, with Friday being - [COCOA's Rally Resumes After Multi-Month Correction](https://axioryintelligence.com/analysis/daily-technical-analysis/cocoas-rally-resumes-after-multi-month-correction/) - In today's technical piece, let's dive into COCOA, which experienced a robust climb toward the end of the previous year, peaking at an all-time high in April. However, since reaching that peak, COCOA underwent a multi-month correction. This pullback helped establish a key horizontal support level just below $7,000, which proved significant. The price rebounded - [Stock of the day: Ford](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-ford-15/) - In today's stock of the day, Ford Motor Company is worth a closer look as it remains locked in a sideways trend that began in July. The price has been fluctuating between a defined resistance level at $11.4 and support at $9.6. Recently, Ford's stock price has bounced off the resistance level, indicating that a - [FTSE 100 at Critical Support: Will the Bulls Hold?](https://axioryintelligence.com/analysis/daily-technical-analysis/ftse-100-at-critical-support-will-the-bulls-hold/) - In today's technical analysis, let's focus on the British FTSE 100 index, which is currently testing a critical support level. While the long-term global sentiment remains extremely positive, the short-term outlook shows a clear bearish correction taking place. This correction is visible on the FTSE chart, where the index is currently sitting at a significant - [Stock of the day: Nvidia](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-nvidia-11/) - In today's stock of the day, let's focus on NVIDIA, an asset that will be under the spotlight next week with its upcoming earnings release. Currently, NVIDIA's price movement is showcasing a textbook uptrend. The stock has been respecting key horizontal support levels and a dynamic uptrend line, marked in blue, which adds to the - [US Dollar Dominates, British Pound Falters](https://axioryintelligence.com/news/daily-market-updates/us-dollar-dominates-british-pound-falters/) - Good morning traders, welcome to Friday’s session. As we move into the final trading day of the week, let’s first review Thursday’s market movements and set the stage for today’s developments. Thursday was notable for its continued volatility across major markets. On the macroeconomic front, we received producer price index (PPI) data from the US, - [Stock of the day: Boeing](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-boeing-21/) - Boeing is facing significant challenges, as it has been on a downward trajectory since the start of the year, making 2024 a particularly rough period for the company. It is likely that the year will end with Boeing trading near local lows, as the trend remains decisively bearish. After reaching a peak earlier in the - [USD/CAD Breaks Key Resistance: Major Long-Term Buy Signal Looms](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-breaks-key-resistance-major-long-term-buy-signal-looms/) - The American dollar to Canadian dollar pair is currently at a pivotal point, presenting a crucial opportunity for traders. Examining the weekly chart, the pair is pressing against a key horizontal resistance level, highlighted in yellow, which has historically been significant. This resistance is part of an ascending triangle formation, supported by black trendlines—a structure - [European Indices Surge Amid Mixed Global Market Sentiment](https://axioryintelligence.com/news/daily-market-updates/european-indices-surge-amid-mixed-global-market-sentiment/) - On this Thursday, as we reach the midpoint of the European session, we observe notable market shifts as American traders prepare for their opening. European indices such as the DAX and CAC have seen a sharp reversal, pushing significantly higher after recent declines. The contrast between European and American indices is clear—European markets had been - [Sugar Sinks Below Key Support: Bears Take the Lead](https://axioryintelligence.com/analysis/daily-technical-analysis/sugar-sinks-below-key-support-bears-take-the-lead/) - Sugar is currently in a critical bearish phase, mirroring the broader negative sentiment present across many commodities. This shift comes after a significant breakout below a key horizontal support level, marked with an orange line on the chart. This level had acted as a solid base for a few months, stabilizing prices amid fluctuations. The - [Stock of the day: Facebook](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-facebook-2/) - Facebook's stock is currently facing a critical challenge at the green horizontal resistance level of $600, a key psychological barrier that has kept prices in check throughout October. Yesterday, the stock's attempt to breach this resistance ended with a shooting star candlestick formation—a classic bearish signal that often indicates a potential reversal. Given this bounce, - [Markets Brace for Volatility as U.S. Inflation Data Looms](https://axioryintelligence.com/news/daily-market-updates/markets-brace-for-volatility-as-u-s-inflation-data-looms/) - Hello traders, welcome to Wednesday's session. Today holds significant importance from a fundamental standpoint, primarily due to the awaited U.S. inflation report. Inflation is anticipated to rise from 2.4% to 2.6% on an annual basis, with a monthly expectation of 0.2%. This release is expected to generate noticeable market volatility, impacting indices, currencies, and commodities - [Stock of the day: Pinterest](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-pinterest/) - Pinterest is currently facing a crucial test as it hovers around a long-term uptrend line that has been in place since 2022. This uptrend line has consistently acted as a support, guiding the stock higher over the past couple of years. However, recent price action suggests that the sustainability of this support may now be - [Profit-Taking Zone: USD/PLN Tests Yearly Highs](https://axioryintelligence.com/analysis/daily-technical-analysis/profit-taking-zone-usd-pln-tests-yearly-highs/) - The American dollar to Polish Zloty (USD/PLN) is currently at a pivotal technical level, a scenario familiar to those who have followed our previous analyses of this exotic yet reliable currency pair. The recent double bottom formation, highlighted in green, was instrumental in propelling the price above a significant yellow horizontal resistance. This breakthrough fueled - [Bitcoin Hits Record Highs as Traditional Markets Falter](https://axioryintelligence.com/news/daily-market-updates/bitcoin-hits-record-highs-as-traditional-markets-falter/) - Bitcoin is dominating the financial headlines today, reaching new all-time highs close to $90,000—a milestone that has never been reached before in its history. This significant push is reinforcing Bitcoin's reputation as "digital gold," with traders seemingly shifting their focus from physical gold to the cryptocurrency. This is reflected in the current steep drop in - [Pressure Mounts: Will EUR/CAD Hold Its Ground or Break Down?](https://axioryintelligence.com/analysis/daily-technical-analysis/pressure-mounts-will-eur-cad-hold-its-ground-or-break-down/) - Euro to Canadian dollar is currently under significant pressure as it tests a crucial horizontal support level marked in orange. This level has a well-established history on the chart: first serving as a resistance in June before transitioning into a reliable support in August, September, October, and the early days of November. The November reaction - [Stock of the day: Uber](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-uber/) - Uber's chart shows a significant development that began in mid-October with a promising bullish movement that quickly turned sour. Initially, the price broke above a key horizontal resistance, marked in yellow. This breakout was seen as a strong bullish signal and caught the attention of buyers. However, what followed was not the continuation expected but - [Dollar Gains Momentum as Markets Open Quiet on Monday](https://axioryintelligence.com/news/daily-market-updates/dollar-gains-momentum-as-markets-open-quiet-on-monday/) - Hello traders, welcome to Monday. Today, we’re starting the week with a relatively quiet session as the American, Canadian, and French markets are closed. This means that we won't see major fundamental movements until later in the week when key data and events unfold. Looking at the currency market, the Japanese Yen and Swiss Franc - [Stock of the day: Johnson & Johnson](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-johnson-johnson-9/) - Johnson & Johnson (J&J) is presenting a notable bearish setup following my last analysis on October 30th, where the focus was on a key technical level: the neckline of a head and shoulders pattern. At that time, I highlighted that a breakout below the neckline would confirm a sell signal. Fast forward to now, the - [NZD/JPY: Bearish Reversal Confirmed After False Breakout](https://axioryintelligence.com/analysis/daily-technical-analysis/nzd-jpy-bearish-reversal-confirmed-after-false-breakout/) - The New Zealand dollar to Japanese yen (NZD/JPY) is currently experiencing a significant bearish reversal following recent market movements. A key development on the chart is the formation of a false bullish breakout, highlighted within a yellow rectangle. This breakout above the blue resistance line initially suggested a continuation of upward momentum; however, the subsequent - [Safe Havens Gain as Oil Corrects and Metals Face Pressure](https://axioryintelligence.com/news/daily-market-updates/safe-havens-gain-as-oil-corrects-and-metals-face-pressure/) - This week has been marked by significant fundamental drivers, headlined by the U.S. presidential election, where Donald Trump’s victory has shifted market sentiment. The election result has had a profound effect on various asset classes, particularly bolstering U.S. indices, which have seen an impressive rally. American indices are closing out the week on a high - [Stock of the day: General Electric](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-general-electric-7/) - In today’s analysis, we focus on General Electric (GE), which is showing signs of a bullish shift following a corrective phase in October. Over the past few weeks, GE's price action tested crucial support levels, including the black uptrend line that has supported its positive trajectory for months. Although the stock briefly dipped below the - [USD/CAD Resistance Battle: Long-Term Buy or Short-Term Sell?](https://axioryintelligence.com/analysis/daily-technical-analysis/usd-cad-resistance-battle-long-term-buy-or-short-term-sell/) - The American Dollar to Canadian Dollar (USD/CAD) pair has shown remarkable strength over the past five weeks, experiencing a sustained bullish trend. However, this week, we are witnessing a pause in that momentum, marked by significant volatility at the current highs. The resistance level at 1.395 has become the focal point of this analysis, as - [Trump's Victory Fuels Market Rally Amidst Anticipated Rate Cuts](https://axioryintelligence.com/news/daily-market-updates/trumps-victory-fuels-market-rally-amidst-anticipated-rate-cuts/) - Hello traders, and welcome to this Thursday session, which promises to be eventful with significant market-moving events on the horizon. The macroeconomic calendar is packed with two anticipated interest rate cuts — one from the UK and another from the US. These decisions will undoubtedly be the focal points of the day and could trigger - [Stock of the day: Coca-Cola](https://axioryintelligence.com/news/stock-of-the-day/stock-of-the-day-coca-cola-11/) - Coca-Cola is currently presenting an intriguing bullish opportunity, bolstered by the recent market optimism following Donald Trump’s election victory. This sentiment has created a more favorable environment for stocks, including well-established companies like Coca-Cola. The technical landscape for Coca-Cola reveals promising signs for those looking for upward movement in their investments. Firstly, the stock is - [Trump-Fueled Dollar Strength Challenges EUR/USD Uptrend Line](https://axioryintelligence.com/analysis/daily-technical-analysis/trump-fueled-dollar-strength-challenges-eur-usd-uptrend-line/) - With Donald Trump strongly favored to win the 2024 U.S. elections, the dollar is gaining significant strength across the board. In focus today is EUR/USD, where all eyes are on one crucial technical indicator: the black uptrend line, which has been a defining level of support since October 2023. This uptrend line, connecting higher lows - [Markets Surge on Anticipated Trump Victory: Indices and Dollar Climb Higher](https://axioryintelligence.com/news/daily-market-updates/markets-surge-on-anticipated-trump-victory-indices-and-dollar-climb-higher/) - The markets are on a strong rally, reflecting what appears to be a high confidence in a Donald Trump victory for the 2024 U.S. presidential elections. Current odds, reportedly favoring Trump with a 98% chance to win, are driving this upward momentum across various asset classes. Despite the official results still pending, Wall Street is ## Pages - [Premium Features](https://axioryintelligence.com/premium-features/) - Trading signals, training sessions, exclusive groups and a ton of great upcoming features are all awaiting you. - [Calculator](https://axioryintelligence.com/tools/calculator/) - Use this helpful tool to efficiently calculate your margin, pip, swap, profit, and more. 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