Market Analysis – August 15 USOil is staging a rebound after a period of downside consolidation, with recent candles showing clear price rejection around the $62.80 support zone. The 9-day Simple Moving Average (SMA) has started to flatten, suggesting a possible shift in momentum as selling pressure eases. In addition, the Relative Strength Index (RSI) […]
Market Analysis – August 14 Gold (XAUUSD) is showing early signs of a bearish retracement as price hovers just above the $3,350 level while trading near the 9-day SMA at $3,360. The MACD has crossed into negative territory, with the histogram posting red bars, signaling weakening bullish momentum. This decline in upward pressure follows an […]
The foreign exchange market presents a bifurcated landscape for the upcoming period. Analysis reveals pronounced weakness in specific commodity-crosses such as AUDNZD and NZDCHF. Also, European-centric pairs including EURGBP and EURNZD, alongside AUDCAD, demonstrate bullish structural integrity. The following technical breakdown explores the prevailing biases and critical price levels for these five currency pairs. AUDNZD […]
Market Analysis – August 15 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade finally broke the 148.110 resistance in July after forming successive bullish market structures. The price surged toward the swing high of 151.220, marked by strong bullish candles, but fell just short […]
Market Analysis – August 15 AUDJPY has maintained a steady bullish ascent since retesting the support level of 92.1320 in June. This upward momentum drove the price towards the resistance level of 97.320, where selling pressure intensified, triggering a decisive bearish breakout from a bullish trendline. AUDJPY Key Levels Demand Levels: 95.450, 92.130, 86.140 Supply […]
FTSE 100 Analysis – August 13 The FTSE 100 Index is showing sustained upward momentum, supported by the alignment of short-term moving averages and strong market sentiment. The 9-day SMA, positioned near $9,130, continues to act as dynamic support, reinforcing buyers’ dominance. The MACD remains in positive territory, signaling underlying strength despite a slight convergence […]
The EURNZD pair looks promising for buyers.The bulls remain on top of the range. EURNZD Weekly Price Analysis – August 15 Today, the EURNZD bulls are dominating as the price continues to swing higher and looks promising, with buying pressure mounting. With a strong bullish trend, the pair is gaining momentum, indicating high market optimism […]
US30 Analysis – August 12 US30 is displaying signs of weakening momentum, indicating the possibility of continued downside movement. The index remains restricted below the $45,100 resistance zone, closely aligned with the 9-day SMA (Simple Moving Average) at $44,070, which is acting as a dynamic ceiling. The RSI (Relative Strength Index) is trending slightly below […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY exchange rate has started to rise again below 173.00. The Yen reached a peak of 173.90 in the most recent price movement. Buyers were unable to sustain the bullish momentum above the level of […]
