Market Analysis – January 10th USOil buyers are building momentum as the market approaches the critical $75.000 resistance zone. After a bullish breakout in December, buyers have maintained their push into the new year, indicating the potential for further expansion to new highs. USOil Key Levels Resistance Levels: $75.000, $78.000Support Levels: $71.400, $66.860 USOil Long […]
Market Analysis – January 10 Gold continues its struggle to recover from the sharp decline below the trendline that supported its bullish trend. The resistance level at 2715.0 remains a formidable barrier, stalling any meaningful restoration of the uptrend. Gold Key Levels Demand Levels: 2600.0, 2531.0, 2431.0Supply Zones: 2715.0, 2790.0, 3000.0 Gold Long-Term Trend: Ranging […]
Market Analysis – January 9 The AUDJPY market is currently transitioning into a consolidation phase, characterized by limited price movement within a defined range. The supply zone at 101.3650 remains a formidable barrier, consistently resisting upward movement and limiting bullish momentum. On the downside, the demand zone at 93.8570, reinforced by a strong bullish order […]
Market Analysis – January 8 The US 30 reached a high of 45,056.0 before buyer exhaustion triggered a decline. This pullback breached the swing low of 43,450.0, eventually hitting the major support level at 42,357.0. At this level, price action formed a double bottom pattern, signaling a bullish reversal and offering renewed optimism for buyers. […]
Market Analysis – January 6 GBPUSD has broken out of its recent reaccumulation phase, continuing its bearish momentum on the daily chart. This phase, which lasted from late November into early January, has now given way to an impulsive downward movement, targeting a liquidity pool at the 1.23000 level. GBPUSD Key Levels Demand Levels: 1.24000, […]
Market Analysis – January 6 The Nasdaq 100 has shown a pattern of lower highs and equal lows since December, forming a descending triangle on the daily chart. The demand level at 20,948.00, supported by a bullish order block, has consistently held the equal lows. A breakout above 21,856.00 is anticipated to signal a continuation […]
Market Analysis – January 2 Gold prices are currently confined within a narrow range as the resistance level at 2715.0 and the support level at 2600.0 consistently limit price movements. This consolidation phase has restricted directional momentum, resulting in a range-bound market structure. Gold Key Levels Demand Levels: 2600.0, 2531.0, 2431.0Supply Levels: 2715.0, 2790.0, 2900.0 […]
Market Analysis – January 3 USOil dropped below the demand level of 72.430 in September, initiating a prolonged bearish phase. Apart from an impulsive rally in October that temporarily pushed above this level before retracing, the price largely remained suppressed. Recently, USOil has executed a significant breakout above this resistance, suggesting the potential for a […]
Market Analysis – January 1 US 30 has recently broken below the major swing low of 43450.0, indicating a potential bearish reversal. The price has now reached the critical demand level of 42357.0, which could serve as a point of recovery for buyers. However, a double break of structure is anticipated to confirm the establishment […]
