The forex market is exhibiting a shift in momentum as high-flying trends face reality checks. The Euro’s dominance is cooling off with pullbacks in both EURGBP and EURNZD, while the Australian Dollar is seeing a decisive bearish correction against the Kiwi . Meanwhile, NZDCHF is showing signs of a relief bounce after a relentless sell-off, […]
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 currency pair retreats but remains positive below the 182.00 barrier. The bullish momentum was halted near the recent high as sellers emerged in the overbought zone. The Yen is falling towards its next support […]
The EURNZD selling pressure may increase Further.Sell traders might take the leading in the market soon. EURNZD Weekly Price Analysis – November 21 The EURNZD bearish run may continue, following the brief return of short traders in the market at the $2.05 support, as the new drops begin above the supply level. The selling pressure […]
Market Analysis – November 20 Gold (XAUUSD) outlook tilts into corrective downside pressure. The broader technical landscape for XAUUSD shows a visible cooling in bullish momentum as price action begins to diverge from its earlier impulsive advance. The MACD histogram is flattening below its signal line, while the 9-period SMA is losing its upward gradient, […]
FTSE 100 Analysis – November 19 FTSE 100 exhibits renewed upside momentum amid structural strength. The market continues to maintain an overarching bullish structure, with price action holding above the moving average despite brief corrective declines. Momentum indicators, including the MACD, remain aligned with the broader upward trajectory, reflecting sustained buyer interest even as short-term […]
The Japanese Yen (JPY) has weakened further, falling 0.4% against the US Dollar (USD) and underperforming most major G10 currencies. Market participants are closely monitoring developments around the Bank of Japan (BoJ) and potential delays in monetary tightening. USD Strength Puts Pressure on Yen The Yen is currently trading near multi-month lows, levels last seen […]
Market Analysis – November 19 USDJPY maintains uptrend strength with sustained institutional demand flow. The USDJPY pair continues to demonstrate a well-defined bullish trajectory, with price action consistently trading above the 9-day SMA and maintaining strong alignment with upward-leaning momentum indicators. The daily MACD remains in positive territory, illustrating steady buying interest and reinforcing the […]
Inflation Pressure Slows the Push for Rate Cuts One of the main reasons hopes for a December rate cut are fading is the slow progress in bringing inflation closer to the Federal Reserve’ preferred target. Although price pressures have cooled compared to last year, officials are not convinced the economy is on a stable path […]
US30 Analysis – November 18 US30 positioned for renewed bullish continuation in the near term. The broader market structure continues to reflect a constructive upward trajectory, supported by price stability above the short-term moving averages. Momentum indicators remain broadly supportive, showing that buyers retain medium-term control despite intermittent pullbacks. This alignment between trend and indicator […]
