Market Analysis – April 24 Gold (XAUUSD) remains bullish, with the recent retracement offering fresh buying opportunities. On the daily chart, the 9-day Simple Moving Average (SMA) is currently positioned around $3,290 and continues to slope upward, signaling sustained bullish momentum. The Relative Strength Index (RSI) is at 64.03, still within bullish territory but easing […]
FTSE 100 Analysis – April 23 FTSE 100 is approaching a likely rejection at the $8,600 supply zone. The Relative Strength Index (RSI) currently stands at 54, reflecting neutral momentum slightly above the midpoint of 50. While this does not signify overbought conditions, it indicates that the recent bullish momentum is weakening. Moreover, the 9-day […]
US30 Analysis – April 22 US30 displays signs of weakness as sellers regain short-term control. The 9-day Simple Moving Average (SMA) is trending downward and currently hovers around $39,650, reinforcing the prevailing short-term bearish outlook. The Stochastic Oscillator has also crossed downward from the overbought region and now sits around 38.2, indicating increasing bearish momentum. […]
Market Analysis – April 21 GBPUSD displays strong upside momentum following key breakout levels. The 9-day Simple Moving Average (SMA), currently positioned at 1.3160, is rising sharply and now serves as a dependable dynamic support. Simultaneously, the Moving Average Convergence Divergence (MACD) indicates a widening gap between the fast and signal lines—both well above the […]
NAS100 Analysis – April 20 NAS100 continues to face bearish pressure following a failed bullish recovery near a key resistance level. The 9-day Simple Moving Average (SMA) has turned downward, now serving as dynamic resistance and capping recent bullish attempts. The MACD (Moving Average Convergence Divergence) indicator remains in bearish territory, with the signal line […]
Market Analysis – April 18 USOil exhibits a bearish trend while undergoing a temporary bullish correction. Technical indicators on the daily chart point to short-term upward movement within a larger bearish framework. The Relative Strength Index (RSI) currently stands at 45.83, rebounding from previous oversold levels and signaling emerging bullish momentum, though it remains below […]
Market Analysis – April 17 Gold (XAUUSD) continues its upward trajectory as key support levels remain firm. Gold has extended its rally, supported by solid foundational zones and a sustained bullish sentiment. The 9-day simple moving average (SMA), now situated around $3,140, serves as dynamic support, while spot prices linger near $3,300—well above this short-term […]
FTSE 100 Analysis – April 16 FTSE 100 is nearing a key resistance level amidst a significant pullback. On the daily timeframe, early signs of bearish momentum are emerging, as reflected in the indicators. The 9-day Simple Moving Average (SMA) has begun to flatten around $7,980, following the recent strong upward retracement. At the same […]
US30 Analysis – April 15 US30 is showing signs of rejection from the key resistance zone near $41,000. The 9-period Simple Moving Average (SMA) is currently trending downward, indicating short-term bearish momentum as prices remain below it. The Stochastic Oscillator is nearing the overbought region, with the %K line at approximately 67.11 and %D at […]
