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 pivotal since April, and the price is expected 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 likely to decline towards the support level of 87330.00, having faced resistance at 93285.00, which has historically capped price increases 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 support in October, is expected to facilitate a rise 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 further towards the support level of 1.7245.

IBM Analysis

IBM has shown a reversal from a support zone, indicating a bullish trend. The stock is likely to rise towards the resistance level of 305.00, having found support at 290.00, which was the low of a previous wave.

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 was previously a strong resistance point.

Amazon Analysis

Amazon has broken through a resistance zone, indicating a bullish trend. The stock is likely to rise towards the resistance level of 250.00, having surpassed the key resistance level of 238.00 and the 50% Fibonacci correction level.