Market Analysis – April 11 EURCHF has demonstrated notable resilience as it encounters a significant resistance zone at 0.9840. This marks a pivotal juncture in its recent bullish trajectory. The pair embarked on an upward trajectory following a decisive bullish reversal earlier in the year. The reversal played out with a double-bottom pattern heralding a […]
Market Analysis – April 11 NZDUSD declines as It Targets Lower Liquidity Levels. Since mid-January 2024, there has been a shift in market structure leading to a bearish trend with consecutive lower lows. Following the recent break of the bearish structure, prices are declining to clear sell-side liquidity below the market. NZDUSD Key Levels Demand […]
Market Analysis – April 8th Nasdaq (NAS100) bulls still remain silent as price consolidates. In recent days, the index market has experienced a lack of significant movement, resulting in a consolidation phase. Both buyers and sellers seem to be trapped in a range-bound market, unable to break free. This consolidation has persisted for quite some […]
Market Analysis – 8th April GBPUSD loses grip as sellers slip lower. It’s not good news for the pound, as it continues to lose ground against the dollar. The buyers, who had shown some strength in recent weeks, have now decided to slow down their progress. The power struggle around the key level of 1.26830 […]
Market Analysis – April 6th USOil trades with strong resilience. USOil has demonstrated strong bullish momentum, with the buyers showing determination to push the price higher. Despite some potential slowdowns in their impulse, the bulls remain focused on their target of reaching the key level of 90.00. This resilience in the face of selling pressure […]
Market Analysis – April 5th Gold (XAUUSD) is witnessing a slow impulse in buy strength. The market has experienced a fantastic drive in buy strength after breaching the significant level of 2225.700. The sellers have been kept at bay for weeks, unable to gain control of the market. The bullish momentum in the Gold market […]
Market Analysis- April 4 FTSE100 buyers face heavy blows. The FTSE100 buyers are currently facing a blow as sellers step in, creating a challenging situation for the buyers. Despite their solid attempts in recent weeks, the buyers have failed to breach beyond the key level of 8000.000. However, they did manage to make a breakthrough […]
Market Analysis – April 3rd US30 slumps as buy strength weakens. Recent developments have shown a significant decline in buy strength, resulting in a slump in the US30 index. Over the past few weeks, the US30 index has faced significant challenges in breaching the 4000.000 significant level. This marks the second time that buyers have […]
Market Analysis – April 5 USDJPY exhibits a notable stagnation in price movement as the eagerly awaited Non-Farm Payroll (NFP) data approaches. The ascent of USDJPY encounters a temporary impasse at the critical resistance level of 152.00. Notably, the market delineates an ascending triangle pattern, prominently evident on the 4-hour chart, in anticipation of an […]
