NAS100 Analysis – February 16 NAS100 exhibits strong bullish momentum, with indicators supporting the uptrend. The SMA-9 at $21,760 is trending upwards, providing dynamic support and reinforcing the bullish outlook. The MACD line (151.81) is above the signal line (104.68), with expanding green histogram bars, signifying increasing buying pressure and sustained bullish momentum in the […]
Market Analysis – February 14 USOil is approaching a potential bullish reversal from the bearish retracement zone. The daily chart indicates that the price is trading slightly below the 9-day SMA at $71.560, reflecting short-term bearish pressure. However, the Stochastic Oscillator is oversold at 7.98, suggesting a possible reversal in the near future. This confluence […]
Market Analysis – February 13 Gold may face a bearish pullback despite maintaining an overall bullish trend. The Relative Strength Index (RSI) is currently at 77.44, indicating that XAUUSD is in overbought territory, suggesting a short-term retracement could be imminent. The Simple Moving Average (SMA) of 9 periods at $2,870 provides dynamic support, reinforcing the […]
FTSE 100 Analysis – February 12 FTSE 100 overbought conditions indicate a need for caution, although the overall trend remains bullish. The 9-day Simple Moving Average (SMA) at $8,650 continues to offer dynamic support, reinforcing bullish momentum. The Stochastic Oscillator is currently at 94.42, signaling extreme overbought conditions, which may suggest a short-term pullback. While […]
The forex market continues to exhibit shifting dynamics, with some currency pairs facing pullbacks while others sustain their momentum. This week, AUDNZD signals a potential retracement, while EURNZD and NZDCHF maintain bullish intentions. Meanwhile, EURGBP sellers struggle to maintain dominance, and AUDCAD remains vulnerable to further declines. AUDNZD Major Bias: BearishAUDNZD is taking a pause […]
With the Forex market anticipating key economic data, such as the Reserve Bank of Australia’s (RBA) interest rate decision, UK unemployment figures, and inflation data, GBPAUD appears to be trending toward steeper declines. However, whether or not the pair will sustain this trend strongly depends on which side of the market benefits most from upcoming […]
The EURNZD price could drop lower as new bearish trend resumes.Sell traders might take the leading in the market soon. EURNZD Weekly Price Analysis – February 16 EURNZD price anticipates more drops and could drop lower as the market buying pressure seems exhausted. The pair has just resumed the bearish pressure; if the bears could […]
EURCHF has shifted from a bearish trend to a bullish reversal, indicating a potential sustained upward move. This change is driven by a double-bottom pattern and recovery above key demand levels, signalling a change in market dynamics. Historically, the pair was in a persistent bearish trend, but failing to break 0.92740 led to a bullish […]
The currency pair remains in an upside move, ascending to the upper high level.The bulls remain dominant in the market. EURAUD Weekly Price Analysis – February 14 The EURAUD pair has recorded a notable upswing, ascending to the upper resistance level with high volume from the long traders. If the buy traders prove firm and […]
