The EURNZD price changes direction to the upsides.Buy traders remain dominant. EURNZD Weekly Price Analysis – March 21 EURNZD pair paints a different picture today as it changes direction and remains stable at the upsides, anticipating more growth. If the bulls could increase their positive interest and the Yen price shows sustainability above the $1.91 […]
Market Analysis – March 17 GBPUSD is poised for a significant downtrend amidst bearish signals. The Simple Moving Average (SMA) indicator (9-period) is currently positioned at $1.29190, slightly below the current price of $1.29340, indicating a potential reversal. Additionally, the Relative Strength Index (RSI) is hovering around 68.56, approaching the overbought threshold of 70, suggesting […]
Market Analysis – March 14 USOil may experience heightened bearish momentum in the coming days. Current chart indicators suggest a continuation of this trend, with the 9-day Simple Moving Average (SMA) showing a downward trajectory around $66.820, reflecting significant selling pressure. The Relative Strength Index (RSI) stands at approximately 41.11, below the neutral 50 mark, […]
Market Analysis – March 13 Gold exhibits strong bullish momentum with the potential for a breakout. The 9-day Simple Moving Average (SMA) at approximately $2,930 acts as dynamic support, with the current price of $2,990 trading well above it. The Relative Strength Index (RSI) stands at 68.28, indicating increasing bullish momentum while approaching the overbought […]
Forex traders are always seeking to improve their edge in the market. One of the ways traders try to improve performance is by combining a series of indicators to generate more robust trading signals. Blending Forex indicators can be used judiciously to filter out market noise, validate trend directionality and put the odds of a […]
FTSE 100 Analysis – March 12 FTSE 100 is poised for a bullish reversal following a liquidity sweep. Currently trading around $8,540, the 9-day SMA is positioned at $8,690, reflecting short-term bearish pressure. The Stochastic Oscillator is hovering at 14, signaling oversold conditions and a potential turning point. This suggests that selling momentum may be […]
US30 Analysis – March 11 US30 maintains its downward trend as bearish indicators and weak support persist. The 9-day SMA at $42,740 continues to decline, reinforcing the bearish sentiment. The MACD histogram exhibits increasing negative momentum, highlighting strong selling pressure. The price remains below the moving average, indicating that buyers are struggling to regain control. […]
Market Analysis – March 10 GBPUSD Exhibits Strong Bullish Momentum Amid Major Resistance positioned at $1.27730, acting as dynamic support and maintaining prices above this level. Additionally, the Moving Average Convergence Divergence (MACD) histogram is in positive territory, with the MACD line exceeding the signal line, confirming the prevailing upward momentum. This suggests that buyers […]
NAS100 Analysis – March 9 NAS100 overall trend remains bearish despite being in an oversold state. The index is trading below the 9-day Simple Moving Average (SMA) at approximately $20,510, confirming short-term bearish momentum. The Relative Strength Index (RSI) is around 28, indicating oversold conditions, which suggests a potential short-term pullback before further downside movement. […]
