The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, traded close to the 98.00 mark on Wednesday after recovering from earlier daily losses. During European trading hours, the index hovered around 97.90, showing muted price action as markets operated in a holiday-shortened session with […]
Market Analysis – December 24 The EUR/CHF pair has slipped into clear bearish territory, reflecting a noticeable change in market sentiment. For some time, price action hovered around the key 0.9300 level, with buyers frequently pushing the pair slightly above this zone. However, that balance has now shifted. The market has broken decisively lower, printing […]
US30 Analysis – December 23 US30 preserves upward bias under strengthening trend dynamics. US30 remains positioned within a constructive upward environment, supported by sustained trading above its ascending trendline and short-term average references. The 9-day SMA, situated around $48,270, continues to slope higher and track price action closely, indicating ongoing participation in the prevailing move […]
Market Analysis – December 22 The AUD/JPY pair is trending higher, largely due to persistent weakness in the Japanese yen. This behavior is consistent across several yen-denominated pairs, many of which are exhibiting similar bullish price action. A key driver of this trend is the sharp contrast in monetary policy between Australia and Japan. The […]
Market Analysis – December 22 GBPUSD encounters renewed downside bias under a weakening structure. The GBPUSD market is displaying a softening technical profile, as price behavior increasingly aligns with a bearish directional bias across multiple trend-based indicators. The pair continues to trade below key dynamic references, including the short-term moving average near $1.3380, reflecting fading […]
NAS100 Analysis – December 21 NAS100 signals emerging medium term downside risk. NAS100 is transitioning into a consolidation phase following a prolonged upward move, with key momentum indicators no longer confirming the strength observed earlier in the rally. Price action is fluctuating around the 9-day and 21-day moving averages near $25,300, both of which have […]
Pound Sterling strengthened against its major peers on Monday after revised UK economic data confirmed that the economy avoided contraction in the third quarter. The update offered short-term relief to investors, helping the British currency outperform during the European trading session. Sterling rose by around 0.45%, pushing close to the 1.3440 level, after the Office […]
Market Analysis – December 21 The NZD/USD pair has entered a noticeably different phase as December progresses. After enjoying a steady bullish recovery that pushed price action toward the 0.5830 area in mid-December, momentum began to fade, and the market started to pull back. What we are seeing this week is not a sudden collapse, […]
As we head into the final full trading week of December, the forex market is showing signs of fatigue after extended directional moves. Many currency pairs have pushed into key resistance areas, slowing momentum and compressing volatility. In this environment, clear structural cues and technical triggers will matter most. Across the watchlist, EURNZD remains constructive, […]
