Market Analysis – February 14 USOil is approaching a potential bullish reversal from the bearish retracement zone. The daily chart indicates that the price is trading slightly below the 9-day SMA at $71.560, reflecting short-term bearish pressure. However, the Stochastic Oscillator is oversold at 7.98, suggesting a possible reversal in the near future. This confluence […]
Market Analysis – February 13 Gold may face a bearish pullback despite maintaining an overall bullish trend. The Relative Strength Index (RSI) is currently at 77.44, indicating that XAUUSD is in overbought territory, suggesting a short-term retracement could be imminent. The Simple Moving Average (SMA) of 9 periods at $2,870 provides dynamic support, reinforcing the […]
FTSE 100 Analysis – February 12 FTSE 100 overbought conditions indicate a need for caution, although the overall trend remains bullish. The 9-day Simple Moving Average (SMA) at $8,650 continues to offer dynamic support, reinforcing bullish momentum. The Stochastic Oscillator is currently at 94.42, signaling extreme overbought conditions, which may suggest a short-term pullback. While […]
US30 Analysis – February 11 US30 is preparing for a bearish correction at the premium zone. The 9-day SMA is currently positioned at $44,640, slightly above the current price, indicating weakening short-term momentum. The Stochastic Oscillator is declining from overbought levels, with the %K line at 44.53, suggesting a potential pullback. Despite this, the broader […]
Market Analysis – February 10 On February 10, the GBPUSD pair is exhibiting strong bearish momentum following a significant breakdown. This analysis utilizes various technical tools, including the 9-period Simple Moving Average (SMA) and the Stochastic Oscillator, to evaluate market behavior. Currently, the price is trading below the SMA at approximately $1.24390, indicating a bearish […]
NAS100 Analysis – February 9 NAS100 continues to exhibit bullish momentum but remains susceptible to a potential correction. The index maintains an overall uptrend, trading above the 9-period SMA at $21,530. Although showing signs of weakening downward, the MACD histogram remains above the zero line, with the MACD line positioned above the signal line, confirming […]
Market Analysis – February 7 USOil bullish reversal has been confirmed as buyers regain control. The Simple Moving Average (SMA) and the MACD indicators indicate a shift in momentum for USOil. The price is currently testing the 9-day SMA at $72.40, and a sustained break above this level could signal further upward movement. The MACD […]
Market Analysis – February 6 Gold (XAUUSD) has become overbought as the price reaches a major resistance level. The Relative Strength Index (RSI) currently stands at 73.37, indicating overbought conditions and suggesting a possible continuation of bearish movement in the short term. Meanwhile, the Simple Moving Average (SMA) at $2,800 serves as a potential support […]
FTSE 100 Analysis – February 5 FTSE 100 is continuing its bullish rally with $8,800 in sight. The index is supported by positive technical indicators, including the 9-day Simple Moving Average (SMA) positioned at $8,570, which acts as a dynamic support level in line with the current trading price. The Relative Strength Index (RSI) stands […]
