Market Analysis – March 6 Gold (XAUUSD) remains bullish with potential upside toward the $3,100 resistance zone. The MACD (Moving Average Convergence Divergence) indicator signals bullish momentum, with the MACD line (38.07) positioned above the signal line (29.75), indicating continued strength in the uptrend. The 9-day SMA (Simple Moving Average) at $2,910 serves as dynamic […]
FTSE 100 Analysis – March 5 FTSE 100 finds support at a bullish order block in an oversold region. The FTSE 100 Index is currently responding to key technical indicators that suggest a continuation of the bullish trend. The 9-period SMA (Simple Moving Average) at $8,740 indicates that the market remains in an uptrend despite […]
US30 Analysis – March 4 US30 demonstrates bullish potential after maintaining a critical support level. Indicators suggest a strong possibility of a bullish reversal. The 9-period Simple Moving Average (SMA) at $43,150 indicates that the market remains in a short-term downtrend; however, the price is currently rebounding from a demand zone. The Relative Strength Index […]
The ongoing battle between buyers and sellers continues to shape the AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD currency pairs. This week’s analysis explores the key dynamics and market trends within each pair. AUDNZD Major Bias: BearishSellers in the AUDNZD pair maintain downward pressure, aiming to break through the critical level at 1.10120. Buyers have struggled […]
Market Analysis – February 10 AUDJPY buyers regain strength near the 92.500 key area, eyeing resistance at 94.530 key zone. AUDJPY has shown a notable recovery as buyers have bounced back after gathering momentum near the significant support level of 92.500. Following a recent slip in the market, characterized by price rejection from the 94.530 […]
Buyers are dominating EURUSD market EURUSD Price Analysis – 10 March Buyers may be able to raise the price to the $1.10 and $1.11 barrier levels if they can overcome the resistance level at $1.09. If sellers can hold the price below the $1.07 barrier, prices may drop below the $1.05 and $1.04 support levels. […]
The GBPAUD market has maintained an upward trajectory since last year, largely supported by the weaker performance of the Australian economy. The previous week’s closing session ended in the green on the daily chart, reinforcing the bullish trend. However, the new week introduces key fundamental data releases, which could influence the future price direction depending […]
The EURNZD pair looks promising and remains bullish on both outlooks.Buyers may take their positions as it signals a buy flag. EURNZD Weekly Price Analysis – March 9 EURNZD price signals a buy flag as it remains on a robust upward trajectory and looks good for the long investors at the $1.89 resistance value. The […]
US Dollar Faces Pressure Amid Economic Uncertainty US Dollar movements have been a key focus in FX markets this week, with a weakening trend driven by softer economic data and policy uncertainty. The February jobs report is now in the spotlight, as a weaker-than-expected figure could reinforce concerns about a sharper economic slowdown in the […]
