Market Analysis – March 24 GBPUSD has faced rejection at a critical resistance zone, signaling a potential decline. The 9-day Simple Moving Average (SMA) is currently positioned at $1.29600, with the price now trading below it, suggesting the possibility of a bearish crossover. The Relative Strength Index (RSI) is at 62.27 and trending downward from […]
NAS100 Analysis – March 23 NAS100 is showing signs of a bullish recovery from a key support level. The 9-day SMA currently stands at $19,670, and the price is trading above it, indicating a short-term bullish trend. The RSI is at 45 and gradually rising from the oversold zone, suggesting increasing buying pressure. If the […]
Market Analysis – March 21 USOil remains under pressure as sellers continue to dominate the price action. The 9-day Simple Moving Average (SMA) at $67.250 serves as dynamic resistance, hindering any upward movement. The MACD (Moving Average Convergence Divergence) indicator reflects weak bullish momentum, with the MACD line positioned below the signal line, reinforcing a […]
The Federal Reserve’s monetary policy remains in focus as shifting inflation dynamics and political pressures complicate the path forward. Atlanta Fed President Raphael Bostic recently scaled back his rate-cut expectations. He is now forecasting just one reduction this year instead of two, citing persistent inflation and the disruptive effects of new tariffs. “We’re going to […]
Market Analysis – March 20 Gold exhibits strong bullish momentum with the potential for higher targets. The 9-day Simple Moving Average (SMA) is positioned at $2,980, serving as immediate dynamic support for the ongoing bullish structure. The Relative Strength Index (RSI) is at 73.82, signaling overbought conditions, yet the bullish trend remains intact. The price […]
FTSE 100 Analysis – March 19 The FTSE 100 continues to show signs of sustained bullish momentum. Since November 2024, the index has consistently formed higher highs and higher lows. At present, it is trading above the $8,620 9-day Simple Moving Average (SMA), indicating a favorable short-term trend. Furthermore, a bullish crossover of the MACD […]
US30 Analysis – March 18 US30 crashes with potential short-term pullback signals. The US30 chart reflects a bearish sentiment, supported by key technical indicators. The 9-day Simple Moving Average (SMA) is positioned around $41,770, serving as dynamic resistance. Price remains below this level, confirming continued downward momentum. The Relative Strength Index (RSI) is approximately 38, […]
Market Analysis – March 17 GBPUSD is poised for a significant downtrend amidst bearish signals. The Simple Moving Average (SMA) indicator (9-period) is currently positioned at $1.29190, slightly below the current price of $1.29340, indicating a potential reversal. Additionally, the Relative Strength Index (RSI) is hovering around 68.56, approaching the overbought threshold of 70, suggesting […]
NAS100 Analysis – March 16 NAS100 shows a positive turnaround from a crucial support area of $19,000. The 9-day Simple Moving Average (SMA) is currently positioned at $19,860, slightly above the prevailing price of $19,650, indicating that the market is working to regain upward momentum. An RSI reading of 33.50 suggests that the asset is […]
