Investors in the GBPAUD market are already betting against the pound. This seems to be a result of the aftermath of market anticipation of a softer interest rate, as well as expectations of other weaker fundamentals for the pound. A more careful examination of the market lies below. Key Levels Resistance: 2.0500, 2.1000, 2.1500 Support: […]
Market Analysis – November 13 Gold (XAUUSD) extends bullish recovery toward key resistance levels. XAUUSD continues to show strong bullish momentum following a decisive rebound from the $3,900 support zone. The pair is currently trading above the short-term 9-day Simple Moving Average at approximately $4,060, confirming continued upward strength after a brief corrective phase. The […]
The EURNZD pair could surge and remain stable at the upside sooner.Buyers may take control of the trend. EURNZD Weekly Price Analysis – November 14 EURNZD price could surge higher as buyers anticipate increases as the market approaches growing time again. The bull race may likely continue to the key psychological level of $2.06, prior […]
Market Analysis – November 12 USDJPY maintains upward momentum supported by strong technical indicators. The USDJPY pair continues to exhibit a robust bullish structure, maintaining steady gains above key moving averages. The ascending price action aligns with broader market sentiment favoring the dollar, while the RSI hovers near the upper neutral zone, signaling sustained buying […]
FTSE 100 Analysis – November 12 FTSE 100 maintains an upward bias supported by firm technical momentum. The FTSE 100 index continues to advance steadily, holding above the $9,700 support level while building momentum toward the $9,900 region. The moving averages remain positively aligned, confirming consistent buyer dominance in the market. Meanwhile, the RSI near […]
US30 Analysis – November 11 US30 extends bullish drive aiming toward fresh yearly peaks. The US30 Index continues to exhibit a firm upward trajectory, maintaining its stance above the short-term moving average and aligning with the broader tone of market optimism. The Relative Strength Index (RSI) remains around 58, positioned above the neutral midpoint, indicating […]
The British Pound (GBP) is trading lower against the US Dollar (USD) on Wednesday, dropping 0.2% before the North American session begins. According to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret, the Pound is trading defensively after disappointing labor market data. UK Job Market Weakens The GBP/USD pair faced renewed pressure after the […]
As the U.S. government shutdown drags into November 2025, the Federal Reserve finds itself steering monetary policy with limited visibility. The absence of key economic data has forced policymakers to make decisions with incomplete information. This has heightened the uncertainty surrounding the next interest rate move. Market participants currently assign roughly a 69% probability to […]
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 pair begins a bullish trend and closes above 178.00. Since October 8, the Yen has traded above the moving average lines but below the resistance level of 178. On November 10, buyers pushed the […]
