Market Analysis – April 3 Gold is maintaining a strong bullish momentum with the possibility of further gains. The 9-day Simple Moving Average (SMA) currently sits around $3,070, serving as dynamic support for the ongoing uptrend. The MACD histogram remains in positive territory, with the signal line positioned above the zero level, reinforcing the bullish […]
FTSE 100 Analysis – April 2 FTSE 100 is exhibiting early bearish signals, pointing to a possible downside risk. The index is currently trading below the 9-day SMA (Simple Moving Average) at approximately $8,620, highlighting a decline in bullish momentum. The RSI (Relative Strength Index) is around 35, indicating that the index is approaching oversold […]
US30 Analysis – April 1 US30 maintains its bearish momentum as technical indicators highlight sustained selling pressure. The 9-period Simple Moving Average (SMA) is currently positioned around $42,120, acting as a dynamic resistance level, with the price remaining below it. Simultaneously, the MACD is reflecting negative momentum, with the histogram in negative territory and the […]
U.S. consumer slowdown hits discount retailers as Dollar Tree offloads Family Dollar. The U.S. retail sector is showing clear signs of strain as inflation-weary consumers pull back on spending, forcing major industry shakeups. Dollar Tree’s decision to sell its struggling Family Dollar chain underscores the growing pressure on discount retailers. This is particularly as low-income […]
Market Analysis – March 31 GBPUSD is showing signs of a bearish reversal following rejection from a key resistance level. The chart reveals multiple indicators pointing to a potential downward move. The 9-day Simple Moving Average (SMA) at $1.29420 is currently acting as dynamic support, but price action is struggling to sustain bullish momentum above […]
NAS100 Analysis – March 30 NAS100 is under strong bearish pressure following rejection from the supply zone. The 9-period SMA (Simple Moving Average) is currently positioned at $19,790, with NAS100 trading below it, confirming a bearish trend. The MACD (Moving Average Convergence Divergence) histogram is in negative territory at -380.40, with the signal line also […]
Market Analysis – March 28 USOil is exhibiting bearish momentum as key resistance remains firm at $70.00. Several indicators on the chart confirm this bearish outlook. The 9-day simple moving average (SMA) is positioned at $68.60, acting as dynamic support; however, price action is struggling to maintain levels above it. Additionally, the Stochastic Oscillator is […]
Market Analysis – March 27 Gold exhibits strong bullish momentum as it nears crucial resistance levels. The 9-day Simple Moving Average (SMA), currently positioned at $3,030, serves as a dynamic support level, reinforcing the prevailing uptrend. The MACD histogram remains in positive territory, with the MACD line above the signal line, indicating sustained bullish momentum. […]
FTSE 100 Analysis – March 26 The FTSE 100 index maintains its bullish momentum, consistently trading above the 9-day Simple Moving Average (SMA) at $8,660. The MACD (Moving Average Convergence Divergence) indicator has shown a slight bullish crossover, indicating potential for continued upward pressure. The MACD histogram’s movement toward positive territory reflects increasing buying momentum, […]
