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 […]
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 […]
