Market Analysis – June 6 AUDJPY made a significant leap from the demand level at 94.40 to reach relatively equal highs at 92.400. The bullish order flow in AUDJPY is expected to persist as the price surpasses the resistance level at 92.400. AUDJPY Key levels Resistance Levels: 92.400, 93.000 Support Levels: 90.400, 89.800, 89.160 AUDJPY […]
Market Analysis – June 4 NZDUSD has recently broken free from a consolidation phase. During the months of March and April, the Moving Averages (periods nine and twenty-one) exhibited sideways movement on the body of the daily candles, indicating a lack of clear direction during that period. NZDUSD Key Levels Demand levels: 0.6150, 0.6080, 0.5970 […]
The GBPUSD price rose steadily during March and April until the resistance level of 1.260 was tested. The bullish trendline has aided the bullish run until this moment. A bearish shift in market structure was established in May. The price seems ready for a dive. GBPUSD Key Levels Demand Levels: 1.240, 1.180, 1.130Supply Levels: 1.260, […]
Market Analysis – June 5 NAS 100 price is rising steadily. The price has reached its highest this year at 14534.0. The buyers are aiming for a resistance level of 15160.0. US 100 Key Levels Demand Levels: 13930.0 13240.0Supply Levels: 15160.0, 15847.0 US 100 Long-Term Trend Bullish At the inception of the year, the price […]
In a week filled with financial excitement, the British pound took center stage, impressively climbing against a range of major currencies. The pound has shown its strength by surging over two big figures against the US dollar while also making significant strides of more than one big figure against the Euro and about one-and-a-half big […]
Crude Oil is presently descending toward the swing low positioned within the demand zone at 66.00. Following the bearish displacement that occurred at the beginning of May, the correction phase came to a halt upon breaching the bullish trend line. US Oil Key Levels Demand Zones: 66.00, 62.00, 60.00Supply Zones: 74.50, 76.80, 80.80 US Oil […]
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Bulls’ momentum is increasing in the USDCHF market USDCHF Price Analysis – 02 June The $0.91 barrier level may be broken if buyers apply enough pressure, and the rising trend may continue to the $0.92 and $0.93 levels. If sellers are successful in holding the $0.91 resistance level, the price may decline past the $0.90 […]
Market Analysis -June 1 Gold has succumbed to bearish pressure in the market, signaling a shift in its market structure. The sellers emerged at the supply level of 2067.0, leading to a significant decline in the value of gold, which has dropped by approximately 6.53 percent since reaching the supply zone. Gold Key Levels Resistance […]
The Australian dollar (AUD) took investors on a thrilling ride yesterday as it fluctuated around the 0.6500 handle following significant progress in the United States debt ceiling legislation. In a remarkable display of bipartisan cooperation, Republicans and Democrats united to push the deal through the House, resulting in a decisive 314–117 split in favor of […]
