Chart the Market (15/07/2026)
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Chart the Market (15/07/2026)

Published: 15 July 2026,06:03

Published: 15 July 2026,06:03

Chart The Market

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TradingView price chart with candlesticks and an orange downtrend line; blue horizontal support/resistance levels near 1.556k, 1.692k, 1.846k and 2.008k USDT; RSI around mid-60s and a MACD bullish crossover at the end.

ETH, H4:                                                               

Ethereum has generated a strong bullish signal after breaking above its week-long consolidation range near the $1,800 level. The breakout confirms renewed buying interest and suggests that the recent period of sideways trading has resolved to the upside.

Following the breakout, ETH climbed to its highest level since early June, reinforcing the bullish outlook and indicating that buyers have regained control of the market. The successful move above the consolidation range also suggests that the recent advance is more than just a short-term rebound and could mark the beginning of a broader upward move.

Momentum indicators continue to support the constructive technical outlook. The Relative Strength Index (RSI) has moved into overbought territory, reflecting the strength of the recent rally and the aggressive buying momentum behind the breakout. Meanwhile, the Moving Average Convergence Divergence (MACD) is rebounding above the zero line, indicating that bullish momentum is strengthening and supporting the case for further upside.

While the overbought RSI may increase the likelihood of short-term profit-taking or a brief consolidation, it also highlights the strength of the current rally. As long as ETH remains above the $1,800 breakout level, the broader bullish structure is expected to remain intact.

Resistance Levels: 2008.35, 2184.10

Support Levels: 1845.90, 1692.50

Candlestick chart of USD/JPY showing a breakout above resistance near 115, with an ascending orange trendline and blue support levels; RSI rising and MACD bullish in the lower panels.

CADJPY,  H4

CAD/JPY has successfully broken above its pivotal resistance level at 114.75, confirming a bullish trend reversal and signaling that buyers have regained control of the market. The breakout represents a significant improvement in the pair’s technical structure, shifting the near-term outlook in favor of further upside.

Following the breakout, 114.75 has now turned into an important support level. As long as CAD/JPY continues to hold above this level, the bullish trend is expected to remain intact, with buyers likely to maintain control of the broader price action.

Despite the constructive outlook, the pair is approaching a major resistance zone near 115.70, where a notable liquidity area has been identified. This level is expected to attract profit-taking and renewed selling interest, making it a key hurdle for the bulls. As a result, CAD/JPY could encounter strong resistance and experience a short-term pullback upon testing this zone.

However, a temporary rejection from 115.70 would not necessarily invalidate the bullish outlook. Provided that the pair continues to hold above the 114.75 support level, the broader uptrend is expected to remain intact, with any pullback likely to be viewed as a healthy correction within the ongoing bullish trajectory.

Conversely, a decisive break above 115.70 would reinforce the bullish trend reversal and signal the potential for another leg higher, as buyers overcome the next major resistance zone.

Resistance Levels: 115.70, 116.50

Support Levels:114.75, 114.00

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