The FX market exhibits a mix of trends this week, with the MACD indicator providing insights into momentum shifts. AUDCAD and EURGBP show signs of bullish momentum, while EURNZD, NZDCHF, and AUDNZD reflect bearish pressure. AUDCAD Major Bias: Bearish The MACD Moving Average Convergence and Divergence indicator on the AUDCAD chart indicates a bearish trend […]
Market Analysis – June 13 USOil maintains bullish momentum with key breakout signals. The USOil daily chart reveals a sustained upward trend, supported by consistent price movement above the 9-day Simple Moving Average (SMA), currently around $64.70. Price action has continuously respected this dynamic support since the market structure turned bullish, while the Relative Strength […]
Market Analysis – June 12 Gold (XAUUSD) gains momentum on a strong bullish structure and solid support. The XAUUSD pair continues to exhibit a clear upward trajectory, consistently trading above the 9-day Simple Moving Average (SMA), which is currently positioned around $3,350. This alignment indicates sustained buying interest, supported by the Relative Strength Index (RSI) […]
FTSE 100 Analysis – June 11 FTSE 100 approaches a supply zone with a potential bearish reversal setup. The FTSE 100 Index has maintained a steady upward movement in recent weeks, but current technical indicators suggest a possible turning point. The 9-day Simple Moving Average (SMA), currently positioned near $8,780, has served as short-term support […]
Market Analysis – June 13 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has maintained a consistent downward trend. Upon reaching 142.400, the price has struggled to break below the support level, resulting in multiple tests of the demand zone without a decisive reversal […]
The EURNZD pair looks promising as it journeys up north.The bulls are still dominating the market. EURNZD Weekly Price Analysis – June 13 The EURNZD pair is skyrocketing and looks promising for buyers at the $1.91 current supply value. Hence, the Yen may continue to rise and test the $1.98 prior supply level. The resistance […]
Market Analysis – June 11 The AUDJPY pair has executed a bullish breakout above the resistance trendline that previously reinforced the downward trend. Following the breakout, the price underwent a pullback during which a double bottom pattern formed, enabling the pair to regain strength and resume its bullish trajectory. AUDJPY Key Levels Demand Levels: 92.440, […]
Market Analysis – June 11 The NZDUSD pair has successfully breached the resistance level established in April, which had previously capped price advances until early June. Following a significant pullback to the breaker block at 0.5850, the market found support, enabling it to break through the resistance level. NZDUSD Key Levels Demand Levels: 0.5850, 0.5740, […]
US30 Analysis – June 10 US30 is poised for continued upside as bullish momentum strengthens. The daily chart for US30 shows a strong convergence of key technical indicators that support a bullish outlook. The 9-day Simple Moving Average (SMA), currently hovering around $42,470, is acting as dynamic support just below the current price. Moreover, the […]
