Buyers’ momentum may increase in AUDUSD market AUDUSD Price Analysis – 27 March If buyers are determined enough to push past the $0.65 barrier, they might be able to raise the AUDUSD to about $0.66 or even $0.67. If sellers are successful in driving the price below the $0.64 support level, the price may fall […]
Market Analysis – March 27 NZDUSD has recently broken out of a consolidation phase, signalling a shift towards a bearish trajectory. Previously confined within a narrow trading range, indicative of market indecision, NZDUSD’s recent breakout hints at a downward bias. NZDUSD Key Levels Demand Zones: 0.63300, 0.58640 Supply Zones: 0.62120, 0.63750 NZDUSD Long-Term Trend: Bearish […]
Market Analysis – March 25th USOil (WTI) trades with modest losses. The recent market dynamics in the USOil (WTI) market have been characterized by a tug-of-war between buyers and sellers. The bears initially gained momentum after a rejection at the significant level of 83.260. However, the buyers regained confidence following a sell-off drop at the […]
Market Analysis – March 25th Gold (XAUUSD) faces a battle between bulls and bears. The recent surge in the price of gold attracted a significant number of buyers who believed in its upward momentum. However, their optimism was short-lived, as the bears made a strong comeback. The rejection at the significant level of 2222.400 forced […]
Market Analysis- March 25th FTSE100 buyers may initiate a breakout towards the 7793.200 key level. Despite the challenges posed by a sideways market, the FTSE100 bulls have shown relentless efforts over the past few months. Their determination to break through key levels has been evident, with notable moves observed since the middle of February. One […]
Market Analysis- March 25th US30 price clusters are in a tight range. In recent weeks, we have witnessed an ongoing consolidation with buyers and sellers locked in a tight range. The bulls have shown resilience in their attempts to breach the significant level of 39319.000 but have been unable to do so. This lack of […]
Market Analysis – March 24th GBPUSD bearish race may intensify below the 1.27600 key level. The bears have not been relentless in their pursuit, drilling the price lower throughout the week. This bearish momentum has overshadowed the buyers, leaving them struggling to gain any significant ground. Last week, the buyers attempted to strike a bargain […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00 and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY is in an uptrend as it targets level 166.59. The currency pair is exhibiting a pattern of higher highs and higher lows. The pair is retracing after reaching a high of 165.35. The Yen is […]
Market Analysis- March 22 AUDJPY buyers continue the bullish streak. The buyers have been displaying remarkable strength, propelling the price towards a significant level of 99.800. The AUDJPY pair started the year in a sideways market, lacking a clear trend. However, in February, the bulls seized a solid opportunity and broke through the significant zone […]
