5 September 2025,06:02
Chart The Market
5 September 2025, 06:02
ETH, H4:
Ethereum has retreated from its recent bullish breakout, erasing earlier gains that followed a move above both its descending trendline resistance and a descending triangle pattern. The failure to sustain upward momentum has brought the cryptocurrency back to a critical technical level at the $4,275 support zone. A decisive break below this level would represent a significant structural breakdown, likely shifting the near-term bias to bearish and opening the door to a deeper retracement.
Despite the price pullback, momentum indicators present a more nuanced picture. The Relative Strength Index is holding near its midline, reflecting a neutral near-term bias with no clear directional edge. Meanwhile, the Moving Average Convergence Divergence, while still trading below its zero line, has formed a higher low—a potential early sign that selling pressure may be waning.
The ability of ETH to defend the $4,275 support level is now crucial. A successful hold could allow for renewed consolidation and an attempt to regain upside momentum. However, if selling intensifies and the level is broken, the next significant support appears near the $4,000 psychological mark.
Resistance Levels: 4556.75, 4770.50
Support Levels: 4333.00, 4075.00
AUDJPY H4
The Australian dollar is trading within a well-defined uptrend channel against the Japanese yen, having rebounded strongly from its monthly low near the 94.40 level. The pair is now approaching a major technical resistance level at 97.24—a barrier that has capped upward moves since February. A decisive break above this level would signal a resumption of the broader bullish trend and potentially open the path toward the next resistance zone near 98.50.
However, near-term momentum indicators suggest caution. The Relative Strength Index has retreated from overbought conditions, indicating that buying pressure may be moderating. Meanwhile, the Moving Average Convergence Divergence has generated a bearish crossover—often referred to as a “death cross”—at elevated levels, signaling that short-term momentum may be diverging negatively from price.
This contrast between the constructive price structure and weakening momentum signals raises the possibility of a near-term consolidation or pullback before another attempt to break resistance. Should the pair retreat, initial support is expected near the trendline around 96.15, with more significant support at the 95.35 level.
Resistance Levels:97.24, 98.20
Support Levels:96.15, 95.35
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!
