Technical Analysis Summary - December 19, 2025
This summary provides an overview of the recent technical analysis conducted on various financial instruments, including stocks, cryptocurrencies, and indices. The analysis focuses on key support and resistance levels, as well as potential trading strategies based on market movements.
Nvidia (NASDAQ: NVDA)
Recommendation: Buy
Nvidia has recently reversed from a significant support area, which includes a long-term support level at 170.00. The price is expected to rise towards the resistance level of 190.00, supported by a 38.2% Fibonacci retracement level.
Bitcoin Cash (BCH)
Recommendation: Buy
Bitcoin Cash has broken through a critical resistance area, indicating a bullish trend. The next target is the resistance level at 650.00, following a breakout from the previous resistance at 600.00.
Nikkei 225
Recommendation: Buy
The Nikkei 225 index has reversed from a support area around 48500.00, suggesting a potential upward movement towards the resistance level of 51150.00.
Ethereum (ETH)
Recommendation: Buy
Ethereum has shown a reversal from a strong support level at 2800.00, which was previously a resistance level. The price is likely to rise towards the resistance level of 3200.00.
JPMorgan Chase (JPM)
Recommendation: Sell
JPMorgan Chase has reversed from a resistance area around 320.00, indicating a potential decline towards the support level of 1.1600.
EUR/USD
Recommendation: Sell
The EUR/USD currency pair has reversed from a resistance area between 1.1800 and 1.1900, suggesting a likely drop towards the support level of 1.1600.
AUD/JPY
Recommendation: Buy
AUD/JPY has reversed from a support area around 102.30, indicating a potential rise towards the resistance level of 104.25.
Palladium
Recommendation: Buy
Palladium has broken above a multi-month resistance level at 1600.00, with expectations of rising towards the next resistance level of 1745.00.
Conclusion
The technical analysis indicates a mixed outlook across various instruments, with several buy recommendations based on recent reversals from support levels and breakouts from resistance areas. Traders should consider these levels when making trading decisions.