Aussie Dollar Reaching Top?

The pick of the day is AUD/USD as the pair broke above the 50% Fibonacci level today, remaining above the Ichimoku cloud parting ways with the upward moving Tenkan and Kijun moving averages. The daily RSI is reaching the overbought zone, suggesting we may have reached a top for shorter period, so if you are a shorter term trader in a long position, you might want to consider taking profit at the 0.93 level. For longer term traders, a break above the 61% Fibonacci level on the daily dance floor could take the pair higher towards the top of November 2013 at 0.97130. Now a sudden change in the direction and a break below 0.90724 could alter our bullish perspective with 0.88922 and 0.86825.

In the overnight session, Asian markets took the bait and rallied on the positive US data. This was reinforced by beliefs that Beijing would step in with policy action to spur domestic consumption and boost growth. Meanwhile Japanese and South Korean leaders have been sitting down with President Obama to thaw out their icy relations and try and find a common ground to deal with North Korea, who launched two mid-range missiles into the Japan sea overnight.

Today’s economic calendar is restricted to regional European data, though that does include Italian retail sales and consumer confidence, followed by US mortgage numbers, expected lower because of the weather, services PMI numbers and durable goods orders, which should all have an impact on Wall Street. Jack Lew, Treasury Secretary, will be testifying at the House of Representatives, which could also spark some debate.

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Short-term Intraday Technical Forex Levels

EUR/USD Intraday: the bias remains bullish.

Pivot: 1.3775

Our preference: Long positions above 1.3775 with targets @ 1.3845 & 1.388 in extension.

Alternative scenario: Below 1.3775 look for further downside with 1.3745 & 1.372 as targets.

Comment: The pair is facing a pull back ahead of a rebound.

Supports and resistances:
1.393
1.388
1.3845
1.3799 Last
1.3775
1.3745
1.372

GBP/USD Intraday: the upside prevails

Pivot: 1.6505

Our preference: Long positions above 1.6505 with targets @ 1.6555 & 1.658 in extension.

Alternative scenario: Below 1.6505 look for further downside with 1.646 & 1.643 as targets.

Comment: The pair stands above its support and remains on the upside.

Supports and resistances:
1.6605
1.658
1.6555
1.654 Last
1.6505
1.646
1.643

USD/JPY Intraday: the upside prevails.

Our preference: Long positions above 102 with targets @ 102.45 & 102.65 in extension.

Alternative scenario: Below 102 look for further downside with 101.75 & 101.45 as targets.

Comment: The pair stands above its support and remains on the upside.

Supports and resistances:
102.85
102.65
102.45
102.325 Last
102
101.75
101.45

USD/CHF Intraday: bullish bias above 0.881.

Our preference: Long positions above 0.881 with targets @ 0.887 & 0.889 in extension.

Alternative scenario: Below 0.881 look for further downside with 0.8785 & 0.8765 as targets.

Comment: The pair remains on the upside and is approaching its resistance.

Supports and resistances:
0.891
0.889
0.887
0.8859 Last
0.881
0.8785
0.8765

NZD/USD Intraday: further upside

Our preference: Long positions above 0.8565 with targets @ 0.864 & 0.8675 in extension.

Alternative scenario: Below 0.8565 look for further downside with 0.853 & 0.85 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:
0.87
0.8675
0.864
0.8607 Last
0.8565
0.853
0.85

USD/CAD Intraday: under pressure.

Our preference: Short positions below 1.118 with targets @ 1.111 & 1.108 in extension.

Alternative scenario: Above 1.118 look for further upside with 1.121 & 1.1245 as targets.

Comment: as long as the resistance at 1.118 is not surpassed, the risk of the break below 1.111 remains high.

Supports and resistances:
1.1245
1.121
1.118
1.1144 Last
1.111
1.108
1.104

FunnelHubSupport

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

December 5, 2025 No Comments

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

November 28, 2025 No Comments

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.

Is Alphabet’s (GOOGL) About To Take the Lead In AI? Google’s Gemini 3.0 – And Berkshire Hathaway’s Surprise Bet – Could Be The Catalyst Wall Street Isn’t Ready For

November 22, 2025 No Comments

After spending much of 2023 and early 2024 trying to shake off the “AI laggard” label, Alphabet (GOOGL) now looks closer than ever to taking the lead in artificial intelligence.

The company has pulled off one of the biggest turnarounds in tech – moving from being doubted to being viewed as a frontrunner for the next decade of AI.

CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

November 14, 2025 No Comments

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

November 8, 2025 No Comments

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

October 31, 2025 No Comments

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.