Technical analysis News

Read the latest technical analysis news, analysis, and market updates on FORECK.INFO.

Volkswagen AG Shares Hold Above 102.00 as EU Tariff Relief Supports Outlook

Shares of Volkswagen AG, the German automotive group, are trading slightly above the 102.00 level.
AUD/USD Forecast: RBA Hawkish Stance Supports Aussie Despite USD Strength

The Australian dollar is posting a moderate decline, testing the 0.7080 level for a downside breakout during the Asian session. At the same time, the AUD/USD pair is set to end the trading week in positive territory, supported by the hawkish rhetoric of the Reserve Bank of Australia (RBA).
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SOL/USD Forecast: Bearish Pressure Builds as Key Support Near 125 Breaks

The SOL/USD pair had been trading within a prolonged downtrend, forming a corresponding descending channel. However, in mid-November, prices entered a sideways range of 150.00–125.00 (Murray level [6/8]), where they remain to this day. This week, the price reached the lower boundary of this
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Bitcoin Faces Risk of Drop to $58,000 as Peter Brandt Warns of Correction

Bitcoin has been showing increased volatility for several weeks. Now a veteran of the financial markets is warning of a possible decline in the price to as low as $58,000.
Bitcoin Price Forecast: Fed Pressure and ETF Outflows Shape Short-Term Risk

The BTC/USD pair remains within a medium-term downtrend, although last week’s price action was mixed. After U.S. forces launched Operation “Midnight Hammer” and Venezuelan leader Nicolás Maduro and his wife, Cilia Flores, were reportedly arrested on narco-terrorism charges, BTC rallied toward
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Platinum (XPT/USD) Outlook: Correction Near 2200 Holds, Upside Still in Play

The global corrective trend in metal prices continues: this week, prices once again returned to levels slightly below 2200.00.
USD/JPY Pauses in a Tight Range as Fed and BoJ Signals Diverge

During the first sessions of the new year, the USD/JPY pair has been trading within a narrow range of 157.00–156.25. Investors prefer to wait for clearer signals regarding the next steps of the US Federal Reserve and the Bank of Japan in monetary policy. For now, baseline expectations remain
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SOL/USD Breaks the Downtrend: Is Solana Ready for a New Move?

Over the past four months, the SOL/USD pair has been steadily losing value, forming a clear descending channel. However, in early January the quotes resumed an upward move in line with the broader market trend, exited this channel by breaking above its upper boundary, and reached the 143.75
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XRP/USD Outlook: Institutional ETF Inflows and Fed Policy Drive Bullish Momentum

At the beginning of the month, the XRP/USD pair resumed its upward movement in line with the broader market trend and recently reached three-month highs near 2.4140. However, it has since corrected moderately and is now holding around 2.2460 (Murray level [3/8]). The strengthening of the token
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XRP Surges 12% as ETF Inflows and Technical Breakout Fuel Rally

Within the top 10 cryptocurrencies by market capitalization, XRP has emerged as today’s leading gainer. The Ripple token is posting a double-digit increase over the past 24 hours. Below are the key drivers.
SUI Price Surges 20% on ETF Hopes and Strong On-Chain Metrics

SUI jumps 20%: spot ETF hopes and positive on-chain data fuel the rally. These levels are now key.
ETH/USD Breaks Out of Range: Ethereum Targets 3560 and 4062 After Trend Reversal

The ETH/USD pair had been forming a consistent downtrend for more than three months, correcting toward the long-term trend. However, last week, after a prolonged period of sideways movement within the 3165.00–2770.00 range (Fibonacci retracement 50.0%–61.8%), prices exited the channel, breaking
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EUR/USD Forecast: Euro Holds Near 1.1740 Ahead of US Jobless Claims

During the Asian session, the euro is holding near 1.1740 as markets await a recovery in investor activity after the Christmas holidays. In the absence of key macroeconomic releases, traders’ attention today will be focused on US weekly jobless claims at 15:30 (GMT+2). According to forecasts,
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Johnson & Johnson Stock Forecast: Shares Rise After $3.05B Halda Therapeutics Deal

Shares of Johnson & Johnson, one of the world’s leading healthcare and consumer goods groups, are trading around 208.00 after the company announced the completion of its acquisition of biotechnology firm Halda Therapeutics OpCo, Inc. for a total consideration of $3.05 billion. The acquired
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ETH/USD Forecast: Price Tests Key Resistance as Bears Defend 2770 Support

ETH/USD quotes are forming a medium-term downward trend while correcting toward the long-term trajectory. Over the past month and a half, price action has largely stabilized within a broad sideways range of 3165.00–2770.00 (Fibonacci retracement 50.0%–61.8%) and is now approaching its upper
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Solana Under Pressure: Key Support at $120 as Bears Keep Control

Solana continues to decline and remains technically vulnerable. The chart highlights the key levels that are now coming into focus.
XRP/USD Forecast: Bearish Trend Holds With Risks of a Drop Toward 1.64–1.46

XRP/USD outlook: The XRP/USD pair is trading within a medium-term bearish trend, forming a corresponding descending channel. Last week, the price attempted a corrective rebound amid expectations that the U.S. Federal Reserve will continue its easing cycle next year, alongside the Bank of
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Pound-to-Dollar Rate Forecast: GBP/USD Climbs to Four-Month Highs as UK Data Strengthens Pound Outlook

The GBP/USD pair has been extending its upward momentum for a second consecutive month, correcting against the medium-term downtrend. This week, the price reached four-month highs near 1.3535, supported by upbeat UK macroeconomic data.
Forecast: AUD/USD Pushes Higher Near 0.6670 as USD Weakens and RBA Holds Rates

The AUD/USD pair is correcting within an uptrend near 0.6667, supported by renewed weakness in the US dollar.
EUR/USD pushes higher as ECB holds firm and dollar outlook weakens

The euro is gaining ground against the US dollar, extending the bullish momentum formed a day earlier. The EUR/USD pair is testing the 1.1775 level on a potential upside breakout, supported by expectations that the European Central Bank (ECB) is unlikely to ease monetary policy in the near
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