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 […]
Market Analysis – December 30 The GBPUSD market has recently formed a microstructure reflecting a complete cycle of buying and selling pressure within the daily timeframe. This activity has temporarily interrupted the ongoing bearish trend. GBPUSD Key Levels Demand Levels: 1.23000, 1.21000, 1.20000Supply Levels: 1.28000, 1.30000, 1.33000 GBPUSD Long-Term Trend: Bearish The long-term outlook for […]
Market Analysis – December 30 The NASDAQ 100 index (NAS100) has retreated after buyers faced exhaustion at the 22,068.40 resistance level. This pullback has brought the price to a significant demand zone at 20,771.00, where it found support. Bulls are now attempting to regain momentum and resume the broader uptrend. Nasdaq 100 Key Levels To […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair has surged above its moving average lines as it faces the 164.00 barrier, reaching a high of 164.63. The pair is gaining while maintaining a sideways trend. The pair is in a […]
Market Analysis – December 27 The USOil market has been in a prolonged consolidation phase, fluctuating between the resistance and support levels around 72.430. During this consolidation, a descending triangle pattern emerged, which eventually led to a bullish breakout. Following the breakout, the market retraced to retest the descending triangle, which has since provided a […]
Market Analysis – December 27 The gold market entered a bearish phase in November after breaking a supporting trendline on the daily chart. Despite efforts by buyers to regain control, they have consistently faced resistance at the critical level of 2715.0, resulting in the formation of a triple top pattern. Gold Key Levels Supply Levels: […]
Market Analysis – December 25 The EURCHF pair has made a notable recovery after breaking through the major price level of 0.93390. Upon reaching the next critical support at 0.92770, a double bottom pattern emerged, triggering a strong bullish surge. This move has been followed by a return to an order block (RTO), which is […]
Market Analysis – December 24 The FTSE 100 remains in a long-term downward trend, although a bullish retracement has emerged. Since testing the critical demand level of 8022.0 on the daily chart, the index has demonstrated notable price gains, reflecting short-term bullish momentum within a bearish structure. FTSE 100 Key Levels Demand Levels: 8022.0, 7918.0, […]
Market Analysis – December 24 The US 30 index has broken below its previous significant higher swing low on the daily chart, signaling a potential shift in market direction. This downturn has resulted in a 6.53% loss since reaching the swing high of 45,050.0. Key Levels for US 30 Demand Levels: 42,357.0, 40,915.0, 39,525.0 Resistance […]
