Gold prices climbed on Friday, crossing $3,350 per ounce, driven by a weaker US Dollar and dovish remarks from Federal Reserve Governor Christopher Waller. Traders reacted positively to signs that the Fed may cut interest rates in July, pushing the yellow metal higher as Treasury yields slipped. At the time of writing, spot gold (XAU/USD) […]
Market Analysis – July 18 AUDJPY has just reached another notable swing high on the sell side. The price ascended steadily and gracefully to this key level following an initial failure to break past the 95.450 resistance level. AUDJPY Key Levels Demand Levels: 95.450, 93.790, 92.130 Supply Levels: 97.320, 98.590, 102.390 AUDJPY Long-term Trend: Bullish […]
Market Analysis – July 18 USDJPY ascended into an unmitigated bearish order block in May, which triggered a significant retracement in price. However, buyers have since reorganized their positions and successfully established a Break of Structure (BOS) above the swing high that had initiated the crash in May, confirming renewed bullish strength. USDJPY Key Levels […]
Market Analysis – July 17 In the final quarter of 2024, US30 experienced a substantial bearish decline that extended into Q1 2025, driving the index down to the 38,250.0 region. However, a strong bullish reversal occurred in April 2025, marking a significant turning point as the price surged aggressively to current levels. US30 Key Levels […]
The GBPAUD has continued on a much stronger upward path since the release of the UK unemployment data. The figures came in nearly as expected, with only a minor difference—now 47, up from the previous 46. Meanwhile, the market still anticipates the RBA Meeting Minutes, but there is currently no speculation surrounding this data. In […]
Pound Sterling managed to regain some ground against the US Dollar during Thursday’s European trading session after the UK released a mixed batch of employment data. The GBP/USD pair rebounded slightly, trading near 1.3400 after slipping to an almost two-month low of 1.3370 earlier in the session. Despite weak labor market signals, the modest recovery […]
Market Analysis – July 15 The bullish trend that began in early 2025 has come to an end, signaling the conclusion of a significant upward phase in GBPUSD following the break above its previous major high. GBPUSD Key Levels Demand Levels: 1.25200, 1.21400, 1.17300Supply Levels: 1.29500, 1.34400, 1.38800 GBPUSD Long-Term Trend: Bearish After a sharp […]
Market Analysis – July 14 NASDAQ 100 continues its upward trajectory, defying signals of a possible bearish correction. Since establishing a major low in April 2025, the index has maintained a strong bullish momentum, highlighted by a clear break of structure above the 20,600 and 22,190 supply zones. This breakout confirmed a shift in market […]
Market Analysis – July 14 USOil price action recently confirmed a bullish reversal with a double break of structure to the upside. Despite this positive momentum, the price was unable to reach the resistance level of 80.110 before entering a retracement phase. However, the bullish trendline has effectively halted the decline, acting as dynamic support […]
