EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY exchange rate maintains its bullishness while breaking above the expected price level. The Yen has been in a range-bound advance above level 161.00 and the resistance at 164.00 on the weekly chart. The positive […]
The foreign exchange market is displaying a mix of momentum across the specified currency pairs this week. Bearish trends are evident in AUDNZD, NZDCHF, and EURNZD, while AUDCAD and EURGBP are showing bullish signals. Below is a detailed analysis of each pair, including the major trend and key levels to watch. AUDNZD Major Bias: Bearish […]
Why Emotional Toughness Matters More Than Any Trading Indicator Emotional toughness is the single most underrated asset in a trader’s toolkit. While strategies and indicators help you make sense of the charts, it’s the toughness that helps you stick to your plan when the market goes wild. From sudden dips to false breakouts, the difference […]
Market Analysis – June 20 USOil has rejected a key supply zone with bearish pressure beginning to intensify. After surging into the major supply area between $76 and $80, momentum indicators—particularly the Stochastic Oscillator—are signaling exhaustion, remaining firmly in overbought territory. Price action is currently stalling just above the 9-day Simple Moving Average (SMA), indicating […]
Market Analysis – June 19 Gold (XAUUSD) continues to maintain bullish momentum, supported by strong technical fundamentals. The overall directional bias remains firmly bullish, as evidenced by its consistent climb above the 9-day Simple Moving Average (SMA), which is currently trading near $3,370. Momentum indicators further support this outlook, with the Moving Average Convergence Divergence […]
Market Analysis – June 20 GBPJPY has maintained a consistent bullish structure, reaching a recent peak at 196.120 before entering a period of consolidation. This stagnation has led to the formation of a Triple Top pattern near current levels as price approaches the critical 199.360 resistance level. The development suggests potential exhaustion in bullish momentum […]
The EURNZD bulls are gaining strength and the price could go higher.The currency pair remains bullish in both outlooks. EURNZD Weekly Price Analysis – June 20 Today, the EURNZD bulls are gaining strength as the pair experiences a resurgence in its bullish trend above the supply trend line, facing high demand from buyers. From the […]
FTSE 100 Analysis – June 18 FTSE 100 is experiencing rejection at an overhead supply block amid weakening momentum. After an extended bullish run, the index now trades just below the $8,900 level, coinciding with the 9-day Simple Moving Average (SMA) at $8,850 and a significant supply zone. The Relative Strength Index (RSI) currently reads […]
US30 Analysis – June 17 US30 is setting up for further upward movement as a bullish structure continues to form. The index maintains a bullish outlook, trading above the 9-day Simple Moving Average (SMA), currently positioned around $42,620. Supporting this bias, the MACD remains in positive territory, with its signal line flattening but still above […]
