Market Analysis – November 7 USOil deepens its bearish trajectory under intensified selling momentum. The commodity maintains a firm downward bias as persistent selling activity strengthens below the key $61.450 resistance level. Price action continues to trade beneath the 9-day simple moving average, highlighting the ongoing bearish phase in the market. Momentum readings from the […]
The EURNZD pair still trades in a bullish market zone.Buyers are leading in the market. EURNZD Weekly Price Analysis – November 7 Today, the EURNZD pair remains at the top range of the market. However, the pair is making a clear bullish pattern, indicating that buyers are dominant and are gaining strength. The market price […]
Market Analysis – November 6 Gold (XAUUSD) recovers from key support with bullish momentum building. Gold’s price action is showing renewed upward strength as it rebounds from the $3,900 region, forming a constructive bullish outlook. The daily candles have moved back above the 9-day simple moving average near $3,976, signaling stronger buyer participation. Similarly, the […]
Market Analysis – November 5 USDJPY signals potential bearish correction after extended upward momentum. The USDJPY pair shows early signs of bearish retracement as price action faces rejection from the major resistance block around $154.80, aligning with a flattening 9-day simple moving average near $153.20. The Relative Strength Index hovers around 62, suggesting that bullish […]
Market Analysis – November 3 EURCHF signals bullish reversal as momentum strengthens toward breakout. The EURCHF pair has shifted into a bullish phase, with price action climbing steadily above the 9-day Simple Moving Average near 0.9260, signaling renewed buying interest. The MACD histogram shows increasing bullish momentum, supported by a positive crossover between the MACD […]
FTSE 100 Analysis – November 5 FTSE 100 upholds its bullish drive as momentum remains resilient. The FTSE 100 index continues to display an upward trend, with price action holding firmly above the 9-day moving average around $9,670. This setup reflects sustained buyer engagement and a well-defined short-term trend. The consistent formation of higher highs […]
The U.S. Dollar (USD) remains firm this week as global markets adopt a more defensive tone. While no single factor triggered the cautious sentiment, several potential catalysts are at play — including concerns about market valuations, uncertainty over the Federal Reserve’s easing cycle, and political developments such as the recent election of Zohran Mamdani as […]
As the Federal Reserve weighs its next move in an economy showing both strength and stubborn inflation, Chicago Fed President Austan Goolsbee has signaled renewed caution on rate cuts. Goolsbee said he remains undecided about backing another rate reduction in December, citing concerns that inflation remains trending the wrong way. His comments underscore a growing […]
Market Analysis—November 4 NZDUSD remains firmly in a bearish phase, extending its downward momentum. The market has now recorded six consecutive days of lower closes, indicating sustained selling pressure. Bears continue to dominate price action, maintaining firm control over the pair’s short- and medium-term direction. NZDUSD Key Levels Demand Levels: 0.57160, 0.55850, 0.55010 Supply Levels: […]
