US30 Analysis – May 6 US30 faces strong resistance at a crucial price zone. Technical indicators for the Dow Jones Industrial Average suggest potential upcoming weakness. After attempting to break above the $41,750 level, the price has failed to maintain momentum above this barrier. The 9-day simple moving average, positioned near $40,500, continues to trend […]
Market Analysis – May 5 GBPUSD shows strength as buyers eye higher levels ahead. The 9-day Simple Moving Average (SMA) at $1.33200 is currently acting as dynamic resistance after previously serving as support, while the Relative Strength Index (RSI) at 57.79 remains above the neutral 50 line, signaling that bullish momentum persists. The RSI’s recent […]
NAS100 Analysis – May 4 NAS100 is poised to extend its rally following confirmation of a bullish breakout. The index is displaying renewed strength after validating a move to the upside. The 9-day Simple Moving Average (SMA) now has a positive slope and is positioned around $19,330, serving as dynamic intraday support. At the same […]
The EURAUD pair could see an uptrend soon, as the selling pressure is reducing.Price breakout above the $1.84 crucial resistance is imminent. EURAUD Weekly Price Analysis – May 4 The EURAUD price could see an uptrend soon as the selling pressure is about to subside. The selling pressure may end, and the Currency pair could […]
The EURNZD bullish run may increase Further.Buy traders might take the leading in the market soon. EURNZD Weekly Price Analysis – May 2 Amidst the market slump, the EURNZD bullish run may increase further as the market price at the $1.91 high level is progressing towards the crucial resistance. If the buy traders could increase […]
Market Analysis – May 1 Gold (XAUUSD) continues to display sustained bullish momentum, holding above key support zones. The Relative Strength Index (RSI) on the daily timeframe is currently around 58.84, signaling a steady bullish bias, though easing slightly from prior overbought conditions. The 9-day Simple Moving Average (SMA), located near the $3,340 level, remains […]
FTSE 100 Analysis – April 30 FTSE 100 is showing signs of a potential reversal as bearish indicators dominate the market sentiment. The Stochastic Oscillator is deeply overbought, hovering around 98, which points to fading bullish momentum. This reading, combined with the recent sharp rally in price, indicates a probable pullback or reversal. The 9-day […]
US30 Analysis – April 29 US30 faces rejection amid key resistance and a bearish outlook. The US30 (Dow Jones Industrial Average) daily chart indicates a bearish bias, supported by key indicators. The price is hovering just above the 9-day Simple Moving Average (SMA) around $39,610, suggesting temporary bullish momentum. However, the Stochastic Oscillator is currently […]
Market Analysis – April 28 GBPUSD continues its strong bullish momentum into new price territories. Indicators on the GBPUSD daily chart show sustained bullish strength. The 9-day Simple Moving Average (SMA) is trending upward and currently hovers around $1.3300, supporting ongoing price action above it. The Stochastic Oscillator is positioned in the overbought region, fluctuating […]
