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 […]
Market Analysis – June 17 The AUDJPY pair retreated from the critical 95.360 level during its attempt to establish a bullish break of structure (BOS). Price action was contained by a confluence zone created by intersecting resistance and support trendlines. The pair is now poised to retest the equal highs at 95.360, where a successful […]
Market Analysis – June 17 The NZDUSD pair has demonstrated a notable but slowing bullish trajectory since its explosive breakout in April. The initial surge saw prices rally impulsively before encountering strong resistance at the 0.60180 level, prompting a significant retracement. After finding solid footing at the 0.5850 support zone, the pair resumed its upward […]
Market Analysis – June 16 GBPUSD continues to sustain its upward momentum while setting the stage for a bullish continuation. The pair maintains a solid bullish structure, trading firmly above the 9-day Simple Moving Average at $1.3550. This consistent positioning highlights a stable uptrend, with momentum indicators like the Stochastic Oscillator displaying strength—currently around 66.71 […]
NAS100 Analysis – June 15 NAS100 has encountered strong rejection from the supply zone, signaling a potential reversal. After an extended bullish rally, the index is showing signs of deceleration, with momentum indicators pointing toward possible weakness.The MACD (Moving Average Convergence Divergence) histogram has formed consecutive lower highs, while the MACD line hovers close to […]
Market Analysis – June 16 USDCAD continues to extend its bearish trajectory, maintaining a decisive downward market structure. The ongoing price descent is now approaching the lows established during the last bullish trend—areas typically known to hold significant resting orders and liquidity. USDCAD Key Levels Demand Levels: 1.3400, 1.3850, 1.4000 Supply Levels: 1.4000, 1.4300, 1.4600 […]
Market Analysis – June 16 GBPJPY buyers encountered strong resistance around the 198.150 level in the last quarter of the previous year. Following a failed attempt to breach this key resistance, the market shifted direction. More recently, buyers have attempted to reclaim bullish momentum, but a lower resistance has now formed at 195.980. GBPJPY is […]
The EURAUD pair remains in a bullish market zone. Sellers will invade soon. EURAUD Weekly Price Analysis – June 15 The EURAUD sellers will invade sooner as the bears resume the bearish pressure. The pair is in an uptrend and it is likely to slide and face the downside as the market shows an overbought […]
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 has risen steadily as it approaches level 166.45. The upward momentum has continued even though the price has surpassed its target. The Yen rose to a high of 166.68 in the preceding […]
