The U.S. stock market opened lower as President Trump’s threat of 50% tariffs on EU imports reignited trade war fears. This surprise announcement rattled investors who had been enjoying relative calm after April’s 90-day tariff pause. Market strategist Joe Hegger noted the move serves as a “reality check” for investors who had grown complacent about […]
Market Analysis – June 9 GBPUSD faces a period of temporary weakness before momentum for a bullish continuation resumes. Technical indicators suggest a possible short-term cooling in buying pressure. Although the MACD remains in bullish territory, the convergence of the MACD line (blue) with the signal line (orange) indicates weakening momentum, potentially signaling an impending […]
NAS100 Analysis – June 8 NAS100 is building upward momentum toward higher price zones. The index is currently maintaining a strong upward trend, with indicators reflecting sustained bullish sentiment. The 9-day Simple Moving Average (SMA), positioned near $21,520, continues to offer dynamic support beneath the price action. The MACD, although showing slight signs of flattening, […]
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 price has risen above the 164.00 barrier mark to reach its prior point of 166.60. The bullish momentum has peaked at 165.00. According to the price indicator, the Yen is probably going to continue […]
The currency markets are showing dynamic shifts as key pairs approach critical levels. Let’s examine the latest developments across these pairs. AUDCAD Major Bias – Bullish AUDCAD buyers have regrouped after a period of weakness, now challenging the 0.89000 level. The growing buying pressure suggests potential for a strong push toward the 0.9000 zone if […]
Ethereum (ETH) Current StatisticsThe current price: $2,511.68Market Capitalization: $303,220,475,395.04Trading Volume: $11,192,085,711.43Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500Ethereum (ETH) Price Analysis June 7, 2025The price of Ethereum (ETH) dropped below the 21-day SMA support as it faces the $2,600 barrier. The largest altcoin has been trading in a range between the $2,400 […]
Market Analysis – June 7 GBPJPY has been consolidating in the long term, forming a wide range after a significant bearish displacement in July. The price has repeatedly encountered resistance at 194.7620, creating a new key level within the range. Notably, the price has stopped three times at this level while attempting to reach the […]
Market Analysis – June 8 AUDJPY demonstrated a sustained bullish reversal, following a decline under the resistance of a bearish trendline. After plummeting to the support level of 86.0480 in April, the price quickly reversed direction and rose above the trendline, showcasing a notable shift in market sentiment. A recent pullback found support at 92.4410, […]
Market Analysis – June 6 USOil continues to face persistent downside pressure, with technical indicators pointing toward a bearish trajectory. The MACD (Moving Average Convergence Divergence) histogram remains subdued, and although the MACD line sits slightly above the signal line, the momentum lacks strong bullish conviction. The 9-period Simple Moving Average (SMA-9) is closely aligned […]
