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 […]
People often argue over what the role of markets is. If you ask someone with a traditional education that involves say a degree in economics or business followed by an MBA they will tell you that markets are designed as a mechanism for raising capital and for pricing a business to enable it to raise […]
The EURNZD bears may lose controlThe currency pair could increase despite a bearish threat. EURNZD Weekly Price Analysis – April 18 EURNZD’s price anticipates an upside reversal at the $1.90 support level. The bears may lose control as the market selling pressure seems to be subsiding. Thus, a further increase in the bull’s pressure may […]
Market Analysis – April 18 USDJPY has remained in a major downtrend since the start of the year, following a sharp market reversal. The pair is now approaching the key oversold demand level at 141.00. USDJPY Key Levels Demand Levels: 141.30, 138.00, 127.00 Supply Levels: 149.50, 158.10, 161.90 USDJPY Long-Term Trend: Bearish After reaching the […]
Market Analysis – April 18 EURCHF staged a deceptive bullish surge before crashing sharply. The pair has now plunged into the 0.9250 demand zone, where the market remains deeply oversold. EURCHF Key Levels Supply Levels: 0.9600, 0.9770, 0.9930 Demand Levels: 0.9250, 0.9000, 0.8800 EURCHF Long-Term Trend: Bullish Over the past year, EURCHF has tested the […]
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 […]
Market Analysis – April 15 The AUDJPY currency pair experienced a significant price correction following an impulsive displacement. After a gradual decline through a bearish parallel channel in Q1, the pair witnessed a wild bearish breakout, and the price is now correcting to the origin of the displacement. AUDJPY Key Levels Demand Levels: 87.400, 83.900 […]
Michael Dardo, Chief Economist, provided a sobering outlook on the state of the U.S. economy during a recent market analysis. Citing erratic market behaviour and unpredictable policy shifts, Dardo emphasised the rising likelihood of a recession in 2025. He placed the odds at 50%, a dramatic increase from normal forecasts. Dardo described the market’s current […]
