Market Analysis – July 22 NAS100 has shown strong bullish momentum, pushing the price toward the 23,500.00 resistance level. After facing substantial bearish pressure earlier in the year, the index has now transitioned into a bullish phase, characterized by aggressive breakouts and consistent upward movement. NASDAQ Key Levels Demand Levels: 22050.00, 20500.00, 19200.00Supply Levels: 23500.00, […]
The US Dollar remained steady on Wednesday after falling for three days in a row. The calm came after news broke that the United States and Japan had reached a major trade agreement.This deal helped reduce some of the pressure in global markets, especially as the August 1 deadline for new tariffs approaches. Even though […]
The global economic landscape stands at a critical juncture as President Trump’s aggressive trade policies trigger seismic shifts in international commerce. Mohamed El-Erian, President of Queens’ College at Cambridge University, warns that these developments signal the end of hyper-globalization and the beginning of a new, uncertain era for world trade. The fundamental question facing economists […]
Japanese Yen gained ground on Monday as the US Dollar weakened, driven by fresh political tensions and rising concerns over central bank independence. The Yen’s upward move followed a weekend election in Japan, where the ruling coalition lost its majority in the upper house, stirring uncertainty over the government’s future economic direction. Despite the Yen’s […]
Market Analysis – July 20 USOil is signaling the potential onset of a new bearish wave after being rejected at a significant daily order block resistance zone. This rejection follows a major structural break, indicating that the previous bullish retracement was merely corrective. With bearish confluences appearing across several timeframes, market sentiment has shifted decisively […]
Market Analysis – July 18 Gold continues to trade within a firmly established bullish trend that began from the low recorded in November 2024. Since then, the price has maintained a steady upward trajectory, consistently respecting a long-term ascending trendline that has acted as dynamic support throughout the move. GOLD Key Levels Demand Levels: 3130.00, […]
Market Analysis – July 18 The FTSE 100 has entered a new phase of bullish momentum following a decisive break above the 8700.0 supply level. Before this bullish move, the index had been locked in a prolonged consolidation period from September 2024 to January 2025. This extended sideways trend eventually gave way to a bullish […]
The FX market continues to present a diverse landscape this week. EURGBP and EURNZD maintain their bullish momentum, while AUDCAD shows signs of attempting a bullish breakout. Conversely, NZDCHF remains under strong bearish pressure. AUDNZD, after a period of bullish strength, appears to be undergoing a short-term correction within its broader uptrend. EURGBP Major Bias: […]
Gold prices climbed on Friday, crossing $3,350 per ounce, driven by a weaker US Dollar and dovish remarks from Federal Reserve Governor Christopher Waller. Traders reacted positively to signs that the Fed may cut interest rates in July, pushing the yellow metal higher as Treasury yields slipped. At the time of writing, spot gold (XAU/USD) […]
