-
- Trading Platforms
- PU Prime App
- PU Copy Trading
- PU Social
-
- Trading Conditions
- Account Types
- Spreads, Costs & Swaps
- Deposits & Withdrawals
- Fee & Charges
- Trading Hours
EN
Published: 16 April 2026,05:28
Chart The Market
ETH, H4:
Ethereum has established a well-defined uptrend channel since its recent low near the $2,000 mark, with the cryptocurrency advancing methodically within this bullish structure. The channel is characterized by a series of higher lows along the support line and higher highs approaching the upper boundary, reflecting a sustainable and orderly uptrend.
The bullish momentum has recently paused as Ethereum approaches the immediate resistance line near the $2,380 mark. This level coincides with the upper boundary of the uptrend channel and represents a significant technical hurdle where selling pressure has historically emerged.
The market now faces two potential scenarios at this critical juncture. A decisive breakout above the $2,380 resistance would constitute a strong bullish signal, suggesting that buying pressure has intensified and that the cryptocurrency is poised to accelerate toward the $2,500-$2,550 region. Such a move would represent a break above the channel, indicating a shift to a steeper uptrend.
Conversely, a technical pullback is equally likely at this level, as the upper channel boundary has consistently capped upside attempts throughout the recent advance. A rejection at $2,380 would see Ethereum retrace toward the channel support, currently near the $2,150-$2,200 zone, before potentially resuming its uptrend. This scenario would represent a healthy consolidation within the existing channel structure.
Resistance Levels: 2675.00, 3050.00
Support Levels: 2135.00, 1825.80
EURAUD, H4
The EURAUD pair has broken decisively below its near-term support line at the 1.6510 mark, confirming an extension of the current bearish trend and establishing a clear bearish bias. The breakdown follows a sustained period of selling pressure, with the pair now trading at its lowest levels in recent months.
The breach of the 1.6510 support—a level that had provided a temporary floor during the recent decline—adds technical weight to the bearish interpretation. The breakdown suggests that sellers have maintained control and that any consolidation attempts have failed to attract sufficient buying interest to reverse the downtrend.
Momentum indicators strongly support the bearish outlook. The Relative Strength Index is poised to dip into oversold territory, reflecting accelerating selling pressure. The Moving Average Convergence Divergence failed to break above its zero line and continues to edge lower, confirming that bearish momentum remains strong and that positive momentum has been unable to gain any meaningful traction.
The strong bearish momentum suggests that the pair could be hammered down to its next support level at the 1.6305 mark in the next leg of the downtrend. A break below this level would open a path toward the 1.6200-1.6220 region, with the measured move from the breakdown projecting further downside toward the 1.6100-1.6150 zone.
Resistance Levels:1.6510, 1.6810
Support Levels: 1.6305, 1.6135
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!