Technical Analysis Summary - January 7, 2026

NZDCAD Analysis

The NZDCAD currency pair has shown a reversal from a significant support zone, indicating a bullish trend. The support level at 0.7850 has been a strong point since April, and the price is likely to rise towards the resistance level of 0.8025.

Bitcoin Analysis

Bitcoin has recently reversed from a resistance zone, suggesting a bearish outlook. The cryptocurrency is expected to decline towards the support level of 87,330.00, having faced resistance at the key level of 93,285.00, which has been a strong barrier since November.

EURGBP Analysis

The EURGBP pair has reversed from a support zone, indicating a potential upward movement. The support level at 0.8660, which was a strong point in October, is expected to propel the price towards the resistance level of 0.8725.

Brent Crude Oil Analysis

Brent Crude Oil has reversed from a resistance zone, suggesting a bearish trend. The price is likely to fall towards the support level of 58.40, having encountered resistance at the key level of 62.00, which previously acted as support.

EURAUD Analysis

The EURAUD currency pair has broken below a strong support level of 1.7465, indicating a bearish trend. The price is expected to decline towards the next support level of 1.7245.

IBM Analysis

IBM stock has reversed from a support zone, indicating a bullish trend. The price is likely to rise towards the resistance level of 305.00, having found support at the key level of 290.00.

Palladium Analysis

Palladium has reversed from a round support level of 1600.00, suggesting a bullish outlook. The price is expected to rise towards the resistance level of 1950.00, as this level previously acted as strong resistance.

Amazon Analysis

Amazon stock has broken through a resistance zone, indicating a bullish trend. The price is likely to rise towards the resistance level of 250.00, having surpassed the key resistance level of 238.00.