FTSE 100 Analysis – January 7 FTSE 100 maintains bullish structure supported by improving momentum indicators. The FTSE 100 continues to trade within a clearly defined bullish environment, with price holding firmly above the short-term moving average near $9,960. Trend alignment remains constructive, as momentum indicators reflect sustained upside pressure rather than exhaustion. The MACD […]
Market Analysis – January 9 USD/JPY is trading on the front foot, extending its upside momentum as diverging macro forces continue to favor the US Dollar over the Japanese Yen. The pair climbed roughly 0.5% on Friday, pressing toward the 157.75 area and testing levels not seen in nearly a year. While recent data from […]
EUR/JPY Significant Levels Resistance Levels: 183.00, 184.00, 185.00 Support Levels: 182.00, 181.00, 180.00 EUR/JPY Long-Term Trend: Bearish The EUR/JPY market has not been at its best recently. The pair has begun the previously anticipated downward retracement and has remained in negative territory for some time. However, price action continues to hold above the key psychological […]
The Japanese Yen (JPY) continues to trade within a tight range, extending the consolidation seen over the past few weeks. According to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret, market activity remains muted as traders await fresh economic signals. Volatility Slips to Multi-Year Lows JPY volatility has softened across multiple time horizons, with […]
Since the start of the new year, the Australian dollar has been able to gather significant momentum. This has created headwinds for the GBP/AUD pair, keeping it on a downward trajectory. As a result, even with today’s rebound, the market remains under pressure. Key Levels Resistance: 2.0100, 2.0250, 2.0500 Support: 2.0000, 1.9800, 1.9500 GBP/AUD Registers […]
US30 Analysis – January 6 US30 preserves upside bias as buying interest strengthens above key levels. The US30 Market continues to exhibit a solid bullish configuration, with overall structure aligned positively across key technical measures. Price remains firmly above the rising short-term moving average near $48,760, indicating that recent gains are being absorbed efficiently rather […]
Market Analysis – January 8 The USD/CAD pair remains underpinned by a steady US Dollar and persistent weakness in the Canadian Dollar, as diverging macroeconomic forces continue to shape price action. On the US side, the Dollar has found short-term stability following a series of mixed economic releases that keep the Federal Reserve firmly in […]
EUR is trading flat against the US Dollar as markets head into Wednesday’s North American session. Overall trading conditions remain calm, with limited volatility across major currency pairs. The EUR has moved within a narrow range for several months, and recent price action reflects caution driven by geopolitical developments and softer eurozone inflation data. According […]
Market Analysis – January 5 GBPUSD reflects deteriorating momentum within an increasingly defensive structure. GBPUSD is moving into a more fragile technical phase as bullish momentum fades and indicator alignment turns less supportive. Price action has slipped below the short-term moving average near $1.3480, signaling reduced buyer follow-through after the recent rebound. This shift is […]
