Market Analysis – February 27 Gold (XAUUSD) is poised for new highs as the critical $2,880 support level remains intact. Technical indicators continue to support the bullish outlook for XAUUSD. The 9-day Simple Moving Average (SMA), positioned around $2,920, acts as a dynamic support level. The Stochastic Oscillator, currently near the mid-level at 50, suggests […]
The EURAUD price anticipates more growth as the bullish correction continues.Buy traders are taking the lead in the market. EURAUD Weekly Price Analysis – March 2 EURNZD pair presents a strong resistance level and anticipates more growth as the Yen continues with the up north journey. The market has been relatively stable in the past […]
The currency pair still trades in a bullish market zone.Sellers may likely resume dominating the EURNZD market soon. EURNZD Weekly Price Analysis – February 28 EURNZD price anticipates more drops as the buying pressure is about to end and may break down the $1.74 prior support value. At the moment, the currency pair is positive. […]
FTSE 100 Analysis – February 26 FTSE 100 is exhibiting bullish momentum with key levels in focus. The 9-day Simple Moving Average (SMA) at $8,710 serves as immediate support, reinforcing the prevailing bullish trend. The MACD (Moving Average Convergence Divergence) histogram indicates a decline in bearish momentum, with the signal line at 78.90 remaining above […]
US30 Analysis – February 25 US30 is poised for a bullish reversal following a key support bounce and favorable indicators. The market is exhibiting signs of an upward shift as the 9-day SMA (Simple Moving Average) at $44,180 serves as dynamic resistance. The Stochastic Oscillator is currently at 14.80, reflecting oversold conditions and suggesting a […]
Market Analysis – February 24 GBPUSD faces strong resistance with potential downside risk increasing. The Stochastic Oscillator is currently in the overbought region, indicating that GBPUSD is experiencing exhaustion at higher levels and may soon face a pullback. The SMA (9) is trending upward but is approaching resistance, suggesting that bullish momentum is weakening. Failure […]
NAS100 Analysis – February 23 NAS100 is experiencing a pullback before a potential bullish continuation toward higher levels. Technical indicators suggest this retracement is temporary within a broader uptrend. The price is currently testing the 9-day Simple Moving Average (SMA) at $21,980, a key short-term dynamic support level. The Stochastic Oscillator shows a sharp decline, […]
Market Analysis – February 21 USOil is poised for a bullish reversal as indicators approach the oversold state. The 9-day simple moving average (SMA) is currently at $71.560, with the price dipping below this level, indicating temporary bearish pressure. The Relative Strength Index (RSI) stands at 41.31, nearing oversold territory, suggesting that selling momentum may […]
FTSE 100 Analysis – February 19 FTSE 100 is poised for a strong bullish rise toward key resistance levels. The 9-period SMA at $8,750 serves as dynamic support on the FTSE 100 daily chart, displaying robust bullish momentum. The histogram bars are beginning to fade, suggesting a possible brief reversal before the uptrend resumes. However, […]
