EUR/JPY Significant Levels- Remains Above 163.00 Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair remains above 163.00 since its breakthrough on April 11. The Yen has been trading above the 21-day SMA support and below the barrier at level 164.00. The currency pair has […]
Market Analysis – May 9 USOil rejects resistance and confirms downward momentum below key levels. The 9-day Simple Moving Average (SMA) at $59.10 is currently positioned just below the daily close of $60.00, serving as dynamic resistance. The Stochastic Oscillator shows a slight uptick, with %K at 48.93 and %D at 37.81, suggesting the possibility […]
Market Analysis – May 8 Gold (XAUUSD) eyes fresh highs amid renewed bullish momentum. Technical indicators currently support a bullish outlook for XAUUSD. The 9-day Simple Moving Average (SMA) is trending upward and positioned near $3,320, reinforcing its role as short-term dynamic support. The MACD (Moving Average Convergence Divergence) reflects ongoing bullish strength despite recent […]
The Tamadoge market has been trending upward from a strong support level at the $0.0004000 price mark. Recently, the market spontaneously breached the resistance at $0.0004500. Based on technical indicators, it appears the market may continue to rise as buying activity seems to be increasing. Key TAMA Statistics: May 9, 2025 TAMA Price: $0.0004684 Market […]
EURNZD remains a good buy at the $1.90 levelThe pair is going in favor of the bulls on both outlooks EURNZD Weekly Price Analysis – May 9 EURNZD market price remains a good buy at the $1.90 level while trading firmly above the supply levels. If the bulls can add additional efforts to their buying […]
FTSE 100 Analysis – May 7 FTSE 100 shows a strong recovery, with bullish momentum beginning to emerge. The index is currently exhibiting bullish signals supported by key indicators. The 9-day Simple Moving Average (SMA) is trending upward at approximately $8,500, with the price trading slightly above it at around $8,580. This confirms short-term bullish […]
US30 Analysis – May 6 US30 faces strong resistance at a crucial price zone. Technical indicators for the Dow Jones Industrial Average suggest potential upcoming weakness. After attempting to break above the $41,750 level, the price has failed to maintain momentum above this barrier. The 9-day simple moving average, positioned near $40,500, continues to trend […]
The US labor market presents a complex picture, marked by seemingly robust job numbers but underlying hints of a potential slowdown. As the Federal Reserve commences its two-day meeting, the state of the labor market is a key focus. The direction is particularly in light of President Trump’s calls for interest rate cuts. While market […]
Market Analysis – May 6 AUDJPY broke out of a descending triangle on the daily charts. Price now retraces toward the broken descending triangle. The pullback tests the former descending trendline of the triangle as a potential resistance. AUDJPY Key Levels Demand Levels: 90.00, 87.40, 83.90 Supply Levels: 95.30, 98.30, 101.40 AUDJPY Long-Term Trend: Bearish […]
