US30 Analysis – November 11 US30 extends bullish drive aiming toward fresh yearly peaks. The US30 Index continues to exhibit a firm upward trajectory, maintaining its stance above the short-term moving average and aligning with the broader tone of market optimism. The Relative Strength Index (RSI) remains around 58, positioned above the neutral midpoint, indicating […]
The British Pound (GBP) is trading lower against the US Dollar (USD) on Wednesday, dropping 0.2% before the North American session begins. According to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret, the Pound is trading defensively after disappointing labor market data. UK Job Market Weakens The GBP/USD pair faced renewed pressure after the […]
As the U.S. government shutdown drags into November 2025, the Federal Reserve finds itself steering monetary policy with limited visibility. The absence of key economic data has forced policymakers to make decisions with incomplete information. This has heightened the uncertainty surrounding the next interest rate move. Market participants currently assign roughly a 69% probability to […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair begins a bullish trend and closes above 178.00. Since October 8, the Yen has traded above the moving average lines but below the resistance level of 178. On November 10, buyers pushed the […]
Market Analysis – November 10 GBPUSD sustains its downtrend under persistent selling pressure. The GBPUSD pair continues to exhibit a bearish tone as sellers maintain control below key resistance areas. Moving averages confirm the prevailing downward bias, with price consistently trading below the short-term EMA. The RSI also remains beneath the 50 level, indicating weak […]
Market Analysis – November 10 EURCHF signals bullish continuation after trendline breakout confirmation. The overall sentiment in EURCHF reflects a growing bullish bias as price action rebounds from a critical support base near $0.92100. The recent upward momentum aligns with improving technical indicators — the Relative Strength Index (RSI) is positioned around 55, reflecting increasing […]
NAS100 Analysis – November 9 NAS100 sustains its bullish drive from a key price base. The NAS100 index maintains a steady upward tone, holding above the 9-day Simple Moving Average positioned around $25,720. Market momentum indicators support this positive sentiment, with the MACD histogram narrowing after a recent bearish phase—indicating a decline in selling pressure. […]
Market Analysis – November 10 AUDJPY is currently sustaining a strong bullish trend, showing renewed upward momentum after a brief correction. The market structure remains intact, as price action forms a bullish wedge while advancing toward the relative equal highs at 102.00 and the unmitigated bearish order block at 104.530. This setup reinforces the overall […]
The forex market reflected mixed sentiment this week, with the New Zealand Dollar (NZD) showing contrasting performance across major crosses. The week’s theme centered on continued NZD weakness, modest AUD resilience, and renewed euro strength, as risk sentiment remained cautious across global markets. NZDCHF Market Bias: Bearish NZDCHF continues its persistent downtrend, now trading around […]
