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 […]
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 […]
