Market Analysis – November 10 GBPUSD sustains its downtrend under persistent selling pressure. The GBPUSD pair continues to exhibit a bearish tone as sellers maintain control below key resistance areas. Moving averages confirm the prevailing downward bias, with price consistently trading below the short-term EMA. The RSI also remains beneath the 50 level, indicating weak […]
Market Analysis – November 10 EURCHF signals bullish continuation after trendline breakout confirmation. The overall sentiment in EURCHF reflects a growing bullish bias as price action rebounds from a critical support base near $0.92100. The recent upward momentum aligns with improving technical indicators — the Relative Strength Index (RSI) is positioned around 55, reflecting increasing […]
NAS100 Analysis – November 9 NAS100 sustains its bullish drive from a key price base. The NAS100 index maintains a steady upward tone, holding above the 9-day Simple Moving Average positioned around $25,720. Market momentum indicators support this positive sentiment, with the MACD histogram narrowing after a recent bearish phase—indicating a decline in selling pressure. […]
Market Analysis – November 10 AUDJPY is currently sustaining a strong bullish trend, showing renewed upward momentum after a brief correction. The market structure remains intact, as price action forms a bullish wedge while advancing toward the relative equal highs at 102.00 and the unmitigated bearish order block at 104.530. This setup reinforces the overall […]
The forex market reflected mixed sentiment this week, with the New Zealand Dollar (NZD) showing contrasting performance across major crosses. The week’s theme centered on continued NZD weakness, modest AUD resilience, and renewed euro strength, as risk sentiment remained cautious across global markets. NZDCHF Market Bias: Bearish NZDCHF continues its persistent downtrend, now trading around […]
Market Analysis – November 7 USOil deepens its bearish trajectory under intensified selling momentum. The commodity maintains a firm downward bias as persistent selling activity strengthens below the key $61.450 resistance level. Price action continues to trade beneath the 9-day simple moving average, highlighting the ongoing bearish phase in the market. Momentum readings from the […]
The EURNZD pair still trades in a bullish market zone.Buyers are leading in the market. EURNZD Weekly Price Analysis – November 7 Today, the EURNZD pair remains at the top range of the market. However, the pair is making a clear bullish pattern, indicating that buyers are dominant and are gaining strength. The market price […]
Market Analysis – November 6 Gold (XAUUSD) recovers from key support with bullish momentum building. Gold’s price action is showing renewed upward strength as it rebounds from the $3,900 region, forming a constructive bullish outlook. The daily candles have moved back above the 9-day simple moving average near $3,976, signaling stronger buyer participation. Similarly, the […]
Market Analysis – November 5 USDJPY signals potential bearish correction after extended upward momentum. The USDJPY pair shows early signs of bearish retracement as price action faces rejection from the major resistance block around $154.80, aligning with a flattening 9-day simple moving average near $153.20. The Relative Strength Index hovers around 62, suggesting that bullish […]
