The GBP/USD has been on a wild ride this week, with market sentiment and the dollar dominating its movements. It’s been a tough week for the pound, with a lack of concrete data on the economic docket to give it any real direction. Instead, it has had to rely on overall market sentiment to guide […]
Market Analysis – April 24 NZDUSD has recently witnessed a bearish break of structure, providing a clearer direction for the market. The price is now driving toward the next support level. NZDUSD Key Levels Demand Levels: 0.6090, 0.5880, 0.5770 Supply Levels: 0.6350, 0.6500, 0.6600 NZDUSD Long-term Trend: Bearish NZDUSD experienced a selloff from the resistance […]
Market Analyst – April 25 AUDJPY is currently bearish on the daily timeframe. The short-term ascent has reached a bearish confluence. The short-term ascent on the lower timeframe (4-hour chart) is expected to reverse to correlate with the higher time institutional order flow. AUDJPY Significant Levels Supply Levels: 91.180, 95.140, 98.270 Demand Levels: 87.890, 85.920, […]
Market Analysis : April 25 The US 30, also known as the Dow Jones Industrial Average Index, has been grappling with a persistent resistance trendline that has thwarted its attempts to soar beyond the 34381.0 zone since April of last year However, recent market analysis reveals an intriguing development: the resistance trendline provided support for […]
Nasdaq 100 has been making headlines recently, as it has been ascending through a rising wedge on the daily chart. One of the key observations is the shift in control from the Bears to the Bulls. Previously, the Bears had been capitalizing on supply zones for short positions. However, with the recent shift in control […]
The Japanese yen has been making quite a splash in the foreign exchange market recently, catching the attention of investors and traders alike. On Tuesday, the yen caught a bid as sentiment suffered a slight lull, driven by fears of a further selloff in banking stocks. This cautious mood was further fueled by disclosures from […]
The British pound has been on a roll lately, thanks to a slew of positive economic data and a generally optimistic outlook for the UK economy. However, as we’ve seen in the past, nothing goes up forever, and the recent rally against the US dollar has hit a snag. The latest data on UK inflation […]
Market Analysis – April 23 US Oil anticipated retest of the lower border of the pennant was dashed with a gap above the chart pattern. The price appeared above the range upon reaching the lower trendline on the 24-hour chart. The market is currently correcting to fill up the gap on the daily chart. US […]
James Harry Simons (sometimes known as Jim Simons) is a great American funds manager, philanthropist and mathematician. He was born in 1938 and raised in Massachusetts. He got his BSc in math at the age of 20 and his PhD in math at the age of 23. He was a member of research staff at […]
