FTSE 100 Analysis – September 3 FTSE 100 signals an extended bearish retracement within the corrective phase. The FTSE 100 Index is currently undergoing a notable pullback as momentum indicators point to weakening buying pressure. The price has slipped below the short-term moving average positioned near $9,240, with the RSI easing from its overbought region […]
Despite Australia’s Balance of Trade coming in stronger than expected, it has not generated sufficient headwinds to pull down the GBPAUD market. At the same time, the Pound is expected to post weaker Retail Sales (MoM) compared to the previous release. Nevertheless, the pair has staged a sharp rebound, defying these fundamental pressures. Key Levels […]
AUDJPY Analysis – September 4 The AUDJPY pair maintains a robust bullish outlook despite experiencing a modest pullback, holding firmly above critical support zones. Market sentiment remains tilted in favour of buyers, who continue to dominate following a sustained multi-month advance, thereby keeping the door open for further upside opportunities. AUDJPY Key Levels Support Levels: […]
The Pound Sterling (GBP) found relief on Wednesday, bouncing back from a four-week low near 1.3330 against the U.S. Dollar (USD) during the European session. The GBP/USD pair climbed back toward 1.3400, supported by a temporary pause in the global bond sell-off and softer U.S. Dollar momentum. Key Market Drivers Sterling rebounds as 30-year UK […]
US30 Analysis – September 2 US30 displays steady bullish resilience with upside potential ahead. The US30 has maintained a strong upward trajectory, consolidating above its short-term moving average near $45,450. Momentum remains favorable as the Relative Strength Index (RSI) hovers around 61, reflecting healthy buying pressure without moving into overbought conditions. The index continues to […]
EURCHF Analysis – September 2 The EURCHF pair is currently under sustained bearish pressure after facing a strong rejection at the 0.94450 resistance level. Since that rejection, sellers have firmly taken control, reversing the recent bullish attempt and steadily driving the price lower. EURCHF Key Levels Support Levels: 0.93420, 0.93070, 0.92590 Resistance Levels: 0.94450, 0.95070, […]
NZDUSD Price Analysis – September 3 NZDUSD is gaining upward traction as buyers push the pair toward a key resistance zone. Recent momentum has lifted the price off its lows, with bullish pressure now testing an area that could decide whether the recovery extends further or stalls against stronger selling interest. The market is currently […]
Recent US inflation data showed a core PCE reading at 2.9%, above the Federal Reserve’s 2% target. This has kept investors cautious about the possibility of September rate cuts. The bond market reacted with a slight rise in long-term Treasury yields, signaling some inflation premium priced in. Senior economist Jose Torres explained that services inflation, […]
Market Analysis – September 1 GBPUSD shows weakening momentum with potential downside continuation ahead. The pair is currently displaying signs of declining strength, with price action consolidating near $1.3520 after repeated rejections around the $1.3540–$1.3630 resistance zone. The 9-day Simple Moving Average, now positioned at $1.3480, is struggling to sustain bullish traction, while the Relative […]
