The Federal Reserve, led by Jerome Powell, faces a high-stakes decision this week on adjusting interest rates, stirring market anticipation. The U.S. economy shows signs of a softening labor market, with unemployment claims rising and CEOs planning layoffs. While inflation is ticking up again, businesses and consumers are adapting to uneasy conditions through what experts […]
EUR/CHF Price Analysis – September 16th Euro continues to show significant weakness against the Swiss Franc, as the EUR/CHF pair trades heavily at a critical support level. The prevailing market trend is decisively bearish, with technical indicators signaling sustained selling pressure. As the pair consolidates at its recent lows, a breakdown appears increasingly likely, which […]
Market Analysis – September 15 GBPUSD signals weakness after testing critical resistance levels. The pair has shown a slowdown in bullish momentum, with price action consolidating below the $1.35950 resistance level. The Stochastic Oscillator is signaling overbought conditions above the 90 mark, indicating that buying pressure may be exhausted. Similarly, the 9-day simple moving average […]
NAS100 Analysis September 14 NAS100 maintains a bullish tone with upside targets in sight. The index has continued its upward trajectory, with price action consolidating above the $23,730 short-term moving average, confirming strong bullish momentum. Momentum indicators, particularly the MACD, remain supportive of buyers as histogram bars extend into positive territory. This alignment between trend […]
NZDUSD Price Analysis – September 15th NZD/USD has executed a significant technical breakout from a multi-month descending channel, signaling a clear shift in market momentum. The corrective downtrend that has been in place since July appears to have concluded, with buyers now taking control. NZDUSD Long Term Trend- Bullish (Daily Chart) Resistance Zones: 0.597560, 0.60960 […]
Market Analysis – September 12 USOil maintains its downward pressure with persistent bearish price action. The broader market sentiment reflects sustained weakness as sellers remain in control. The moving average at $63.10 continues to hover above the current price action, signaling ongoing bearish momentum. Additionally, the MACD histogram and signal lines remain in negative territory, […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair surges above the moving average lines but stalls below the 174.00 barrier. Since July 28, the currency pair has been trading in a narrow range of $170 to $174.00. Doji candlesticks have dominated […]
The foreign exchange market saw significant follow-through on last week’s key technical developments. Trends have accelerated in several pairs, with breakouts and breakdowns confirming directional biases. AUDCAD Major Bias: Bullish The bullish breakout in AUDCAD has gained momentum. Following last week’s decisive move, buyers have successfully pushed the price through the 0.90679 resistance level. This […]
Market Analysis – September 11 Gold (XAUUSD) bullish trajectory is being sustained by technical and momentum factors. Gold has maintained a strong upward movement, supported by momentum indicators and short-term moving averages. Price action has remained consistently above the 9-day Simple Moving Average around $3,580, reflecting persistent buying interest. The Relative Strength Index currently sits […]
