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S&P 500 Daily Analysis The S&P 500 has bounced from a key support area that previously acted as resistance, showing buyers are still defending the broader bullish structure. Price is now approaching descending trendline resistance, creating an important breakout test. A confirmed move above this trendline could reopen the 7,760–7,800 region, while rejection would increase the risk of another pullback toward support.

by Fusion Markets

CHF/JPY Daily & H4 Analysis CHF/JPY remains in a broader daily downtrend after the sharp September selloff, but the H4 structure is beginning to improve. Price has formed a higher low and broken above descending trendline resistance, suggesting buyers are attempting a short-term reversal. A successful retest could support further upside toward 191.50–192.00, while failure would keep the wider bearish trend intact.

by Fusion Markets

GBP/USD Daily Analysis GBP/USD has rejected the key 1.3650 resistance level before breaking decisively below its rising trendline, signalling a deterioration in the recent bullish structure. Price may now attempt a corrective retest of broken support before sellers regain control. Continued weakness could expose the 1.3300 area initially, with 1.3160 remaining the major downside support.

by Fusion Markets

XAG/USD Daily Analysis Silver remains trapped within a broad 55.00–70.00 trading range, with price now testing an important intermediate support around 62.60. Recent weakness following rejection from the upper range suggests sellers currently hold short-term momentum. A decisive daily close below 62.60 could expose 60.00 and potentially the range floor, while a strong rejection would favour another recovery higher.

by Fusion Markets

NZD/USD Daily Analysis NZD/USD remains under bearish pressure after rejecting the 0.5988 resistance zone and forming a steady sequence of lower highs. Price is now approaching the 0.5764 support level, which becomes the next key decision area. A bullish reaction could trigger a short-term recovery, while a decisive daily close below support would strengthen the case for further downside. Look for 0.5764 to be tested again.

by Fusion Markets

AUD/NZD Daily Analysis AUD/NZD has broken decisively above both triangle resistance and the key horizontal 1.2280 level, confirming a strong bullish shift in market structure. Price is now pulling back toward the breakout zone, where former resistance could act as support. A successful retest would favour continuation toward recent highs, while a daily close back below 1.2280 would weaken the bullish case.

by Fusion Markets

GBP/JPY Daily Analysis GBP/JPY has fallen sharply into a major support zone around 207.75, where buyers are beginning to respond. Price action is also showing a potential Morning Star reversal pattern, suggesting bearish momentum may be fading. A strong bullish daily close would strengthen the reversal case, while a decisive break below support could expose further downside.

by Fusion Markets

XAU/USD Daily Analysis Gold has broken above the long-term descending trendline, signalling a potentially important shift in market structure. Price is now pulling back toward the former resistance area, creating a key retest zone. If buyers defend this level, the bullish breakout remains valid and could support another move higher. A decisive close back below the trendline would weaken the bullish outlook.

by Fusion Markets

EUR/NZD Daily Outlook EUR/NZD recently pushed into the 61.8% Fibonacci retracement near 1.9935 but was firmly rejected, highlighting strong selling pressure at that level. Price has since fallen back toward the 38.2% retracement around 1.9747. Holding above this area could support another recovery attempt, while a break lower would increase the risk of a deeper move back toward 1.9440 support.

by Fusion Markets

GBP/USD Daily Analysis GBP/USD has rejected the 1.3650 resistance zone and is now undergoing a corrective pullback. Despite the recent weakness, the broader structure remains constructive while price holds above the rising trendline. A bullish reaction from trendline support could trigger another attempt at 1.3650, while a decisive break lower would expose the key 1.3160 support area.

by Fusion Markets

USD/JPY Daily Outlook USD/JPY has sold off sharply into a well-established support zone around 155.30–155.80, an area that has previously attracted strong buying interest. This makes the current level a key decision point. A bullish reaction could trigger another recovery, while a decisive daily close below support would signal further weakness and open the door to a deeper move lower.

by Fusion Markets

AUD/NZD Daily Outlook AUD/NZD has broken above the descending trendline, strengthening the short-term bullish outlook after a period of compression. Price is now holding above former resistance, which may act as support on a retest. If buyers defend this breakout area, momentum could extend toward 1.2160–1.2180, while a move back below the trendline would weaken the bullish case.

by Fusion Markets

EUR/CAD Daily Analysis EUR/CAD is showing signs of weakening bullish structure following a double top and successive lower highs. Price is now drifting back toward the rising support trendline, making this a key decision area. A decisive daily close below support would strengthen the bearish case and expose 1.6000, while holding the trendline could delay further downside.

by Fusion Markets

CHF/JPY Daily Outlook CHF/JPY is approaching a key descending trendline after recovering strongly from the August lows. The rising short-term structure suggests buyers may attempt another push into resistance, creating an important decision point. A confirmed breakout could signal further upside, while rejection from the trendline would favour renewed selling pressure and potentially a deeper corrective move.

by Fusion Markets

GBP/AUD Daily Outlook GBP/AUD has broken decisively below the 1.9000 support zone, shifting short-term structure in favour of sellers. The breakdown suggests previous support may now act as resistance on any corrective retest. If price remains below 1.9000, downside pressure could extend toward the lower support area around 1.8810. A sustained reclaim above the broken zone would weaken the bearish outlook.

by Fusion Markets

XAU/USD Daily Outlook Gold has staged a powerful recovery from the July lows, with price now trading firmly above both moving averages and momentum favouring buyers. After such a sharp advance, a corrective pullback would be healthy before another push higher. Holding above the rising averages would keep the bullish structure intact, with the 4,850 resistance zone representing the next major upside objective.

by Fusion Markets

CAD/CHF Daily Outlook CAD/CHF has reclaimed its rising trendline after briefly breaking below support, suggesting the move may have been a false breakdown. Buyers are now attempting to rebuild momentum above the trendline, keeping the broader bullish structure intact. If support continues to hold, price could retest the recent 0.5860 highs, while another break lower would weaken the recovery.

by Fusion Markets

USD/CHF Daily Outlook USD/CHF has broken decisively below its rising trendline, signalling a clear deterioration in the previous bullish structure. Price is now attempting a modest recovery beneath former support, which may act as resistance on any retest. A rejection from this area would strengthen the bearish case and could expose further downside towards 0.7920, while a reclaim above the trendline would weaken that outlook.

by Fusion Markets

GBP/AUD Daily Outlook GBP/AUD is consolidating within a tightening triangle, with price holding above a well-defined support zone around 1.9000–1.9050. Buyers are attempting to regain momentum as price approaches descending resistance. A confirmed breakout above the upper trendline could open the door toward 1.9250 and potentially 1.9350, while failure to break higher would keep the pair trapped within the current structure.

by Fusion Markets

XAU/USD H4 Analysis Gold remains trapped within a well-defined H4 range between 4,320 support and 4,440 resistance. Recent rejection from the upper boundary has shifted short-term momentum lower, bringing the range floor back into focus. A bullish reaction around 4,320 could trigger another rotation higher, while a decisive break beneath support would expose deeper downside and invalidate the current range structure.

by Fusion Markets

EUR/USD Daily Outlook EUR/USD is attempting to break above the descending trendline of a prolonged triangle structure. A sustained daily close above resistance would strengthen the bullish case and signal a potential shift in momentum. A successful retest could provide confirmation, with 1.1700 and 1.1800 emerging as potential upside areas. Failure to hold the breakout would leave price vulnerable to renewed selling.

by Fusion Markets

AUD/JPY Daily Outlook AUD/JPY has rebounded strongly from the 109.30 support zone, confirming renewed buyer interest. Price is now approaching short term descending resistance, where a correction could provide a cleaner bullish opportunity. Holding above recent support would keep the recovery structure intact, with 114.60 representing the key upside target. Failure to maintain momentum could trigger deeper consolidation.

by Fusion Markets

EUR/AUD Daily Outlook EUR/AUD is testing a rising trendline after forming a lower high, with price action also suggesting a potential Head and Shoulders pattern. A decisive daily close below trendline support could confirm the bearish structure, opening the door toward 1.6200 and potentially 1.6100. Holding support would weaken the bearish case and keep consolidation in play.

by Fusion Markets

USD/CAD Daily Outlook USD/CAD has broken below a well established support zone, confirming a shift in short term market structure. The previous support area now becomes a potential resistance zone, aligning with the descending trendline. If price retests and rejects this confluence, sellers could regain control and extend the move lower, while a sustained recovery above both levels would weaken the bearish outlook.

by Fusion Markets