The GBPAUD market has recently been retreating to lower price levels. However, since the previous session, upside forces seem to have reacted to the earlier dip in the market. As a result, an upward bounce has become noticeable. While the ongoing session has maintained this course, it still reflects the lingering effect of prior bearish […]
Pound Sterling is losing ground against major currencies after the UK’s Consumer Price Index (CPI) data for September showed inflation cooling more than expected. This unexpected slowdown has sparked intense selling of the Pound Sterling, especially against the US Dollar, as markets anticipate looser Bank of England (BoE) policies. Global factors, like a stronger US […]
FTSE 100 Analysis – October 22 FTSE 100 gains fresh bullish traction toward higher resistance levels. The FTSE 100 Index has resumed its upward momentum following a brief retracement, rebounding strongly from the $9,350 support region and now trading above the short-term moving average near $9,430. The 9-day Simple Moving Average (SMA) appears to be […]
US30 Analysis – October 21 US30 maintains upward momentum toward the key psychological resistance zone. The index continues to display strong bullish sentiment as price trades above the 9-day Simple Moving Average (SMA), reflecting sustained upward alignment in the broader market. The MACD histogram also highlights renewed buying activity, signaling increasing bullish participation. Strengthening momentum […]
EURCHF has remained trapped in a broad range since the beginning of the year. The price consistently hovered between the resistance level of 0.94290 and the support level of 0.92800. Recently, it broke below the 0.92800 support and slipped further toward the next demand zone, confirming intensified bearish momentum. EURCHF Key Levels Demand Levels: 0.92800, […]
A new Gallup study reveals a striking reality: 60% of American workers do not have quality jobs. These jobs are defined not just by pay but by fair wages, predictable schedules, opportunities for growth, employee voice, and sustainable workloads. This landmark report sheds light on the significant challenges facing the U.S. labor market today. Job […]
Market Analysis – October 20 GBPUSD sustains downward momentum within the structural supply framework. The pair continues to display strong bearish tendencies as technical indicators confirm weakening buyer sentiment. Price remains suppressed below the 9-day Simple Moving Average (SMA), signaling persistent downward pressure. The MACD histogram hovers near the neutral line with little bullish divergence, […]
NAS100 Analysis – October 19 NAS100 shows renewed momentum toward key resistance levels. Strong market confidence is reflected in the sustained upward momentum as NAS100 consolidates above the 9-day Simple Moving Average (SMA) at $24,790. The Moving Average Convergence Divergence (MACD) indicator displays narrowing histogram bars, signaling a potential bullish crossover as buying pressure builds. […]
Market Analysis – October 17 USOil extends its downside momentum amid growing bearish pressure. The commodity continues to display persistent selling interest, supported by technical indicators that confirm weakening market strengt. Currently, the price trades below the 9-day simple moving average, signaling a clear short-term downtrend. Additionally, the RSI remains below the neutral 40 level, […]
