Technical Analysis Summary - January 9, 2026
CHFJPY Analysis
The CHFJPY currency pair has recently reversed from a significant support area, which is identified between the pivotal support level of 196.00. This level was previously a resistance point in November and December. The analysis suggests a bullish outlook, with expectations for the pair to rise towards the resistance level of 198.50.
Exxon Mobil Analysis
Exxon Mobil's stock has also shown a reversal from a support area, specifically around the key support level of 120.00, which had acted as resistance in the previous months. The forecast indicates a potential upward movement towards the resistance level of 126.00.
Platinum Analysis
In contrast, platinum has reversed from a pivotal resistance level of 150.00, suggesting a bearish trend. The analysis indicates a likely decline towards the support level of 135.00, as the price action has shown signs of weakness after hitting the resistance zone.
Baidu Analysis
Baidu's stock has also reversed from a resistance zone, with expectations of a downward movement towards the support level of 135.00. This reversal occurred between the pivotal resistance level of 150.00, which previously halted a sharp upward movement.
EURUSD Analysis
The EURUSD pair has broken its daily upward channel, indicating a bearish sentiment. The analysis suggests a potential decline towards the support level of 1.1600, as the pair has been experiencing a medium-term correction.
WTI Crude Oil Analysis
WTI crude oil has shown a reversal from a support zone, with expectations for a rise towards the resistance level of 58.50. This movement is supported by the long-term support level of 55.20, which has previously reversed the price trend.
NZDCAD Analysis
The NZDCAD pair has reversed from a support zone, indicating a bullish outlook with a target resistance level of 0.8025. This reversal is supported by the long-term support level of 0.7850, which has historically reversed the price trend since April.