Market Analysis – September 4 US 30 bulls recently achieved a significant milestone by surpassing the previous high of 41,414.0, marking a strong bullish break of structure and reinforcing the upward trend. However, after this breakout, the price began to fall sharply, suggesting that buyers may be losing steam following the extended rally. This shift […]
Market Analysis – September 5 AUDJPY has resumed its bearish trend following the completion of a correction phase. After rising into a key supply zone at 99.210, the pair encountered significant resistance, which triggered a sharp decline in price. This marks a continuation of the broader downtrend that has dominated the market for several weeks. […]
Market Analysis – September 4 The EURCHF pair continues to exhibit strong bearish momentum as the market remains firmly entrenched in a downward trend. Following a brief pullback to the resistance zone at 0.95210, a pronounced bearish displacement ensued, signaling a resumption of the broader bearish trend. This price movement highlights the persistent selling pressure […]
Market Analysis – September 3 The GBPUSD market recently experienced a price correction, pulling back to the bullish order block at 1.2690 on the daily chart. Buyers took advantage of this discounted price, leading to a surge in buying pressure. As a result, the price skyrocketed by 4.75%. GBPUSD Key Levels Demand Levels: 1.30450, 1.28680, […]
Market Analysis – September 3 The Nasdaq 100 recently transitioned into a bullish trend, gaining momentum after surpassing the previous swing high at 19,900. This upward move faced resistance, leading to a pullback that tested the Hanging Man candle for support. The price is now attempting to recover, indicating a continuation of the bullish trend, […]
Market Analysis – September 3 On August 23rd, NZDUSD established a bullish break of structure (BOS), reinforcing its bullish trend. The price then encountered resistance, forming a swing high, which led to a decline towards the bullish order block at 0.61870. NZDUSD Key Levels Demand Levels: 0.61770, 0.60810, 0.60140 Supply Levels: 0.63040, 0.64110, 0.65370 NZDUSD […]
Bulls’ pressure is increasing EURUSD Price Analysis – 02 September Buyers have the ability to drive the price higher to the $1.120 and $1.127 barrier levels if they can break through the resistance level at $1.111. Prices may drop below the $1.100 and $1.091 support levels if sellers are successful in keeping the price below […]
Market Analysis – August 30 USOil (WTI) price has recently shown significant sensitivity to a bearish order block, which has played a crucial role in halting its upward momentum. As the price attempted to rise, it faced strong resistance at the 76.90 level, a key bearish order block formed during its previous decline. This resistance […]
Market Analysis – August 30 Gold market structure remains firmly bullish, as indicated by the consistent formation of higher lows. Recently, the price successfully broke above the resistance zone at 2483.0, marking a significant milestone in its upward movement. The market has since pulled back, using this previous resistance zone as a new support level. […]
