Technical Analysis Summary - January 8, 2026

Platinum Analysis

Platinum is currently recommended as a sell due to a reversal from a pivotal resistance level at 150.00. The price is likely to decline towards the support level of 135.00. This reversal occurred in the resistance area between the key resistance level of 2450.00, which previously halted an impulse wave.

Baidu Analysis

Baidu is also suggested as a sell after reversing from a resistance zone. The price is expected to fall to a support level of 135.00, having recently encountered resistance between the pivotal level of 150.00 and the upper daily range.

EURUSD Analysis

The EURUSD pair is indicated as a sell following a break from a daily upward channel. The price is likely to decline towards the support level of 1.1600, continuing a medium-term correction that began earlier.

WTI Crude Oil Analysis

WTI crude oil is recommended as a buy after reversing from a support zone. The price is expected to rise towards a resistance level of 58.50, having recently bounced off a long-term support level of 55.2.

NZDCAD Analysis

NZDCAD is suggested as a buy after reversing from a support zone, with expectations of rising to a resistance level of 0.8025. This reversal occurred between the long-term support level of 0.7850, which has been a significant price point since April.

Bitcoin Analysis

Bitcoin is indicated as a sell after reversing from a resistance zone, with a likely decline towards a support level of 87330.00. The resistance level of 93285.00 has previously halted price movements since November.

EURGBP Analysis

EURGBP is recommended as a buy after reversing from a support zone, with expectations of rising to a resistance level of 0.8725. This reversal occurred between the support level of 0.8660, which was a strong support point in October.

Brent Crude Oil Analysis

Brent crude oil is suggested as a sell after reversing from a resistance zone, with a likely decline towards a support level of 58.40. The reversal happened at a key resistance level of 62.00, which was previously a support level.