Market Analysis – August 11 GBPJPY has reached a critical juncture, reacting to a resistance level of 199.720, a price point first encountered at the inception of July. Despite several days of concerted effort to breach this level, the attempted breakout ultimately failed, causing the price to plummet below the last swing low. Nevertheless, buyers […]
Market Analysis – August 11 GBPUSD continues to face extended downside risk, with the daily chart showing the pair under persistent bearish pressure. Recent trading activity remains below the short-term 9-day Simple Moving Average (SMA) at $1.33320, reinforcing the prevailing negative bias. Although the RSI has rebounded to 53.86, signaling some short-term recovery momentum, the […]
NAS100 Analysis – August 10 NAS100 continues to maintain uptrend momentum, supported by strong technical confirmation. The index preserves its bullish structure as price action aligns with key technical indicators. The daily close above the 9-day SMA, currently around $23,280, reinforces prevailing market strength and consistent buyer interest. MACD readings remain positive, with the histogram […]
Market Analysis – August 7 Gold (XAUUSD) continues to signal sustained upward momentum, with price trading above the 9-day SMA, confirming short-term bullish strength. MACD readings remain positive, with the MACD line positioned above the signal line, indicating growing buying pressure. On the daily chart, price action maintains a bullish bias, forming a sequence of […]
Market Analysis – August 8 USOil is experiencing renewed buying pressure from the key demand zone at $65.30. The commodity has shifted toward a bullish bias after testing a significant order block near the $63.00 region. On the daily chart, price action signals a potential reversal as it attempts to stabilize above this demand area. […]
FTSE 100 Analysis – August 6 The FTSE 100 sustains its bullish momentum with upward structural integrity. The FTSE 100 Index continues to display a clear bullish bias, with price action holding above the 9-day SMA at approximately $9,120. The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, indicating sustained upward momentum despite […]
The currency pair could experience a positive change.The bulls may take the leading in a short while. EURAUD Weekly Price Analysis – August 10 Amidst the market slump, the EURAUD pair anticipates a bullish reversal and may increase further as the market price remains above the resistance level, suggesting an uptrend. Therefore, if the buy […]
The foreign exchange market is showing mixed trends across the specified currency pairs. AUDNZD and NZDCHF exhibit bearish signals, while AUDCAD, EURGBP, and EURNZD display bullish momentum. Volatility remains a key factor, driven by recent price actions and technical indicators. AUDNZD Major Bias: Bearish The Stochastic Oscillator on the AUDNZD chart indicates a bearish trend […]
US30 Analysis – August 5 US30 is showing clear signs of resistance rejection amid a growing vulnerability along the trendline. The index has recently exhibited weakening bullish momentum, with price action struggling to break above the $45,100 resistance zone. The MACD (Moving Average Convergence Divergence) histogram reflects a decline in bullish volume, while the signal […]
