Market Analysis – December 26 Recently, the price attempted to break above the 158 level but failed to do so. On December 19, the market opened around the 155 level and surged strongly toward 158; however, price action was rejected at this point, triggering a pullback back toward the 155 level. The repeated rejection around […]
FTSE 100 Analysis – December 24 FTSE 100 sustains upward bias above strengthening technical support. The FTSE 100 market is maintaining a firm upward posture, with price behavior remaining closely aligned with its guiding technical indicators. The index continues to trade above the short-term average near $9,780, while a rising medium-term trendline supports the broader […]
The Pound Sterling (GBP) strengthened against the US Dollar (USD) on Wednesday, climbing to around 1.3535 during the European session—its highest level in three months. The GBP/USD pair remained firm as the Greenback underperformed broadly, with stronger-than-expected US economic data failing to shake market expectations for a more dovish Federal Reserve stance in 2026. US […]
The currency pair is bearish on both outlooks.Sell traders may take their position as desired. EURNZD Weekly Price Analysis – December 26 The EURAUD pair shows a bearish flag. The pair signals a sell trade at the current support level of $2.01 and could continue trending in the same direction as bearish pressure mounts. However, […]
The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, traded close to the 98.00 mark on Wednesday after recovering from earlier daily losses. During European trading hours, the index hovered around 97.90, showing muted price action as markets operated in a holiday-shortened session with […]
Market Analysis – December 24 The EUR/CHF pair has slipped into clear bearish territory, reflecting a noticeable change in market sentiment. For some time, price action hovered around the key 0.9300 level, with buyers frequently pushing the pair slightly above this zone. However, that balance has now shifted. The market has broken decisively lower, printing […]
US30 Analysis – December 23 US30 preserves upward bias under strengthening trend dynamics. US30 remains positioned within a constructive upward environment, supported by sustained trading above its ascending trendline and short-term average references. The 9-day SMA, situated around $48,270, continues to slope higher and track price action closely, indicating ongoing participation in the prevailing move […]
Market Analysis – December 22 The AUD/JPY pair is trending higher, largely due to persistent weakness in the Japanese yen. This behavior is consistent across several yen-denominated pairs, many of which are exhibiting similar bullish price action. A key driver of this trend is the sharp contrast in monetary policy between Australia and Japan. The […]
Market Analysis – December 22 GBPUSD encounters renewed downside bias under a weakening structure. The GBPUSD market is displaying a softening technical profile, as price behavior increasingly aligns with a bearish directional bias across multiple trend-based indicators. The pair continues to trade below key dynamic references, including the short-term moving average near $1.3380, reflecting fading […]
