Market Analysis – September 11 Gold (XAUUSD) bullish trajectory is being sustained by technical and momentum factors. Gold has maintained a strong upward movement, supported by momentum indicators and short-term moving averages. Price action has remained consistently above the 9-day Simple Moving Average around $3,580, reflecting persistent buying interest. The Relative Strength Index currently sits […]
The currency pair anticipates more upside.The bulls may take the leading soon. EURAUD Weekly Price Analysis – September 14 The EURAUD pair is ready for the next upbeat trend, as usual, after updating lows. The currency pair is rising, and it may break the $1.84 resistance level if all support level holds. However, the pair […]
FTSE 100 Analysis – September 10 FTSE 100 signals downside pressure with weakening bullish momentum. The index has faced significant resistance around the $9,350 level, with recent price movements indicating a loss of upward strength. Although it is still trading above the short-term 9-day SMA, the index has struggled to maintain momentum at higher levels. […]
The EURNZD price could go higher sooner.Buyers may take control of the trend. EURNZD Weekly Price Analysis – September 12 Amid market slump, the EURNZD pair could reverse and go higher as market selling pressure is about to end. Thus, a strong buy signal for long traders would be indicated if the buy traders were […]
AUD/JPY Price Analysis – September 10 Australian Dollar is showing formidable strength against the Japanese Yen, as the AUD/JPY pair is driven by strong bullish momentum toward a critical multi-month resistance zone. Buyers are firmly in command of the price action, and robust indicator readings suggest they have the strength to challenge and potentially break […]
EUR/CHF Price Analysis – September 9th EUR/CHF pair has shifted to a bearish outlook after a decisive rejection from a key resistance zone. Sellers have taken firm control, initiating a downtrend that is confirmed by significant technical indicators. The current price action suggests that the path of least resistance is to the downside as bears […]
The Euro (EUR) is weakening against the British Pound (GBP) for a second day in a row. On Wednesday, the EUR/GBP exchange rate trades near 0.8643, recovering slightly after hitting its lowest point since late August. Markets remain cautious as traders wait for the European Central Bank’s (ECB) policy decision on Thursday, a key event […]
NZD/USD Price Analysis – September 8th NZD/USD pair is exhibiting strong bullish momentum as buyers challenge the upper boundary of a multi-week corrective channel. This started after a period of consolidation in which the market found solid support and is now poised for a potential breakout. A successful breach of this key trendline could signal […]
US30 Analysis – September 9 US30 faces a corrective downturn under medium term selling pressure. The US30 index is showing signs of a corrective phase as momentum indicators point to cooling after recent highs near $45,760. The daily Stochastic Oscillator is positioned in the overbought region, signaling weakening upside strength. The 9-day SMA at $45,475 […]
