NAS100 Analysis – December 21 NAS100 signals emerging medium term downside risk. NAS100 is transitioning into a consolidation phase following a prolonged upward move, with key momentum indicators no longer confirming the strength observed earlier in the rally. Price action is fluctuating around the 9-day and 21-day moving averages near $25,300, both of which have […]
Pound Sterling strengthened against its major peers on Monday after revised UK economic data confirmed that the economy avoided contraction in the third quarter. The update offered short-term relief to investors, helping the British currency outperform during the European trading session. Sterling rose by around 0.45%, pushing close to the 1.3440 level, after the Office […]
Market Analysis – December 21 The NZD/USD pair has entered a noticeably different phase as December progresses. After enjoying a steady bullish recovery that pushed price action toward the 0.5830 area in mid-December, momentum began to fade, and the market started to pull back. What we are seeing this week is not a sudden collapse, […]
As we head into the final full trading week of December, the forex market is showing signs of fatigue after extended directional moves. Many currency pairs have pushed into key resistance areas, slowing momentum and compressing volatility. In this environment, clear structural cues and technical triggers will matter most. Across the watchlist, EURNZD remains constructive, […]
Market Analysis – December 19 USOil remains under pressure as bearish conditions persist. The price of USOil continues to trade below short-term moving averages positioned between $57.00 and $58.10, confirming that the market remains within a bearish technical environment. Recovery attempts have lacked sufficient strength to alter the prevailing trend, while the downward slope of […]
Market Analysis – December 11 Gold (XAUUSD) indicates persistent downward bias within the prevailing configuration. The broader structural outlook for XAUUSD reflects a clear erosion of bullish momentum, as daily-chart moving averages flatten and begin to tilt lower. Price action continues to trade beneath the near-term average, signalling a shift from impulsive upside movement into […]
The currency pair anticipates the next big bounce.The bulls may become crucial in the market soon. EURAUD Weekly Price Analysis – December 21 The EURAUD pair is being pressured by bearish activity today. However, the price could experience a bullish reversal if the bulls change their buying forces. Thus, if the buying pressure ignites a […]
While the Australian dollar remains quiet on the fundamentals front, the British pound is reacting to disappointing retail sales data. This has reinforced resistance above the GBPAUD market, causing price action to rebound downward. Key Levels Resistance: 2.0300, 2.0500, 2.0700 Support: 2.0000, 1.9800, 1.9500 GBPAUD Has Some Cushion Although the GBPAUD market has pulled back […]
Market Analysis – December 19 The GBP/JPY pair is enjoying a strong bullish run today, with price action opening around the 208.00 mark before pushing convincingly above 210.00. The move suggests that traders are largely aligned on the upside, as buying interest remains firm across the session. This surge is not happening in isolation; it […]
