EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00 Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair is falling as it rises above 175.00 once more. The Yen has reversed and is now hovering above the moving lines. On the downside, if the currency price falls below the 21-day […]
Bitcoin Expected to Gain as U.S. Banks Face Renewed Pressure Bitcoin expected to gain as U.S. banks face renewed pressure. Several regional banks in the United States are showing fresh signs of weakness, sparking concerns that the 2023 banking crisis could return. Despite government support and mergers meant to restore confidence, analysts warn that growing […]
The EURAUD pair may continue the sliding movement.The bull’s pressure may subside. EURAUD Weekly Price Analysis – October 19 The EURAUD market suggests more drops and bears will dominate soon as the pair begins the bearish trend. Therefore, if the bears could add an aggressive force to their actions, the currency pair price may slide […]
The FX landscape remains shaped by corrective pullbacks alongside strong directional trends. Selling pressure continues to dominate AUDCAD, EURGBP, and AUDNZD, with each pair retreating from key resistance zones. The persistent downtrend in NZDCHF is still intact, driving the pair into fresh lows. On the other hand, EURNZD has broken away from the corrective theme, […]
FTSE 100 Analysis – October 15 FTSE 100 prepares for bullish recovery after retracement phase. The FTSE 100 Index is currently experiencing a short-term correction within a broader bullish structure, as price consolidates slightly below the 9-day SMA near $9,470. Despite mild histogram contraction, the MACD remains positioned above the signal line, indicating that bullish […]
Market Analysis – October 17 The NZDUSD market recently experienced a reversal at the resistance level of 0.6111. Since then, the price action has evolved into a bearish wedge pattern, signaling persistent downward pressure. Currently, the pair continues to decline, filling regions of market inefficiency created during the aggressive bullish rally in April. NZDUSD Key […]
Market Analysis – October 17 USDJPY took off from a major support level in April, initiating a strong upward rally along a bullish trendline that fueled a decisive breakout above the resistance zone at 151.0210. However, after this impulsive bullish breakout, the pair has begun to correct as momentum cools off. USDJPY Key Levels Demand […]
The currency pair suggests a buy trade.Buyers are currently dominant. EURNZD Weekly Price Analysis – October 17 Today, the EURNZD pair signals a bullish flag that the bulls are very active in the market. The price has risen above the critical threshold due to a revived buying activity. Therefore, if the bulls can strengthen their […]
Market Analysis – October 16 AUDJPY has continued to display a steady yet progressive upward movement, advancing gradually toward the key resistance level at 102.4060. Over recent sessions, multiple breaks of structure to the upside have clearly confirmed sustained bullish momentum, even though the overall pace has remained moderate. Currently, AUDJPY is undergoing a minor […]
