U.S. stocks opened mixed as investors await crucial economic reports this week, including Friday’s jobs data and multiple Fed speaker appearances. The S&P 500 hovered near record levels despite growing concerns about escalating trade tensions, with President Trump threatening new tariffs on European autos. Analysts note that markets have become somewhat desensitized to trade headlines, […]
US30 Analysis – July 1 The US30 index continues to display strong bullish momentum above key resistance levels. This is evident in its sustained movement above the 9-day Simple Moving Average, which is currently positioned near $42,720. This moving average has served as dynamic support for the ongoing rally and aligns with the upward trendline […]
The British Pound remains under pressure against the US Dollar early Friday, with the GBP/USD pair hovering around 1.3195 in the Asian session. The decline comes as markets turn cautious ahead of the highly anticipated US employment report for July. BoE Rate Cut Expectations Weigh on Sterling Rising speculation that the Bank of England (BoE) […]
Market Analysis – June 30 GBPUSD remains bullish while respecting its dynamic trendline support structure. The pair continues to exhibit an upward trend, consistently forming higher highs and higher lows in line with the ongoing bullish pattern. The 9-day SMA, currently positioned at $1.35550, is acting as dynamic support and reinforcing the prevailing positive market […]
NAS100 Analysis – June 29 NAS100 has broken through resistance and is now targeting a higher bullish continuation phase. Strong market optimism is evident in the index’s consistent upward movement, which has kept it above the 9-day Simple Moving Average (SMA). A widening MACD histogram and signal lines positioned above the zero baseline support the […]
Market Analysis – June 30 USDCAD has maintained a downward trajectory characterized by an imperfect yet moderately consistent market structure. Recently, the price has pulled back to retest a well-established bearish trendline and has now formed a notable swing high. This development signals a likely continuation of the prevailing bearish trend. USDCAD Key Levels Demand […]
USD is once again under pressure after Donald Trump’s explosive weekend interview rattled market confidence and set the stage for another potential dollar downturn. Appearing on Fox News’ “Sunday Morning Futures,” Trump took aim at what he called a “big ugly bill,” voicing doubts it would pass by the July 4 deadline—and stirring fears about […]
The EURAUD offers a substantial pullback at $1.79 High Level.The currency pair may continue its bullish correction. EURAUD Weekly Price Analysis – June 29 EURAUD pair offers a significant pullback at the $1.79 high mark due to high purchasing power from buyers, stabilizing above the supply levels. Therefore, a likely relief rally might push the […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY exchange is continuing its upward trend as it aims for its target of 171.00. In terms of price changes, the Yen has continuously maintained a string of higher highs and higher lows. The currency […]
