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Technical Analysis Summary - January 5, 2026
Commodities 2026-01-05 19:53 source ↗

Technical Analysis Summary - January 5, 2026

Nikkei 225 Analysis

The Nikkei 225 index has recently broken above the resistance level of 51,160.00, indicating a bullish trend. The next target for this index is projected to be the resistance level at 52,860.00. This breakout suggests a strong upward momentum, making it a favorable time for buying.

Gold Analysis

Gold has shown a reversal from its support zone, which lies between the support level of 4,360.00 and the support trendline. The analysis indicates a likely rise towards the resistance level of 4,500.00. This upward movement is supported by the recent price action, making it a potential buy opportunity.

Ethereum Analysis

Ethereum has successfully broken the significant resistance level of 3,000.00, which has triggered an active impulse wave. The next resistance level to watch is 3,400.00. This breakout reinforces a bullish outlook for Ethereum, suggesting a buying opportunity for traders.

Platinum Analysis

Platinum has also reversed from its support zone, which is identified between the round support level of 2,000.00. The price is expected to rise towards the resistance level of 4,500.00. This reversal indicates a potential buying signal for traders looking to capitalize on the upward trend.

EURJPY Analysis

The EURJPY currency pair has reversed from a support area, with expectations of rising towards the resistance level of 184.85. The support area is defined between the pivotal support level of 183.25, which was previously a resistance level. This analysis suggests a bullish sentiment for EURJPY.

Binance Coin Analysis

Binance Coin has broken out of a descending triangle pattern, indicating a bullish trend. The next resistance level to target is 911.00. This breakout from the support area at 825.55 suggests a favorable buying opportunity for traders.

Uniswap Analysis

In contrast, Uniswap has reversed from a resistance area, with expectations of a decline towards the support level of 5.500. This analysis indicates a bearish outlook for Uniswap, suggesting a selling opportunity.

S&P 500 Analysis

The S&P 500 index has reversed from a strong resistance level of 6,935.00, with a likely decline towards the support level of 6,710.00. This reversal indicates a bearish sentiment, suggesting a selling opportunity for traders.

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Informational only. Not investment advice.