Market Analysis – August 22 USOil is setting up for a bullish recovery above key supports. The daily chart indicates momentum leaning toward a bullish rebound, supported by technical indicators. The 9-day Simple Moving Average at $63.10 has turned into dynamic support, with price holding above it after the recent bounce. The Stochastic Oscillator is […]
Market Analysis – August 21 Gold (XAUUSD) outlook signals a weakening structure and bearish continuation bias. Gold has been under pressure as recent daily sessions reflect a gradual loss of momentum, aligning with the downward tilt of the Stochastic Oscillator and a flattening 9-day moving average. Price action has struggled to hold strength above $3,350, […]
The currency pair anticipates a reversal soon.The bulls may become crucial in the market. EURAUD Weekly Price Analysis – August 24 The EURAUD market is poised to complete the dip-low movement and is on the verge of entering a correction phase. If the bulls increase their buying activity and all support levels remain unchanged, the […]
This week’s foreign exchange market exhibits a divergence in institutional order flow, with bearish sentiment dominating AUDNZD and NZDCHF, while bullish momentum is evident in AUDCAD, EURGBP, and EURNZD. The price action and technical indicators, analyzed through an ICT (Inner Circle Trader) lens, reveal key insights into market structure and potential liquidity hunts. AUDNZD Major […]
Defining the Characteristics of a Wash Trade Wash trades represent a serious market violation. Specifically, a wash trade is a fictitious transaction. It creates the illusion of genuine market activity. However, it lacks any intent to establish a real market position. Consequently, these trades avoid authentic market risk and price competition. Furthermore, initiating or executing […]
The United States is entering a transformative era for digital assets. Treasury Secretary Scott Bessent declared a “Golden Age of Crypto” on social media. Consequently, this marks a pivotal shift in national strategy toward blockchain innovation. The administration is now actively exploring decentralized computing. Moreover, it is championing advancements in digital payments. Therefore, builders are […]
FTSE 100 Analysis – August 20 FTSE 100 sustains its upward trajectory with strong bullish confirmation. The index continues to display decisive strength, with price structure favorably positioned above the short-term moving average around $9,160. The bullish slope of the SMA reinforces upward momentum, while the MACD histogram remains in positive territory, reflecting steady buying […]
US30 Analysis – August 19 US30 sustains its uptrend with prospects for higher valuation levels. The index continues to demonstrate bullish momentum, supported by its sustained position above the 9-day SMA, currently at $44,790. Since rebounding from April lows near $38,400, US30 has maintained a steady upward trajectory, with the MACD holding in positive territory […]
The currency pair is poised for more downsides.Buying pressure might seize, while the bears take the leading soon. EURNZD Weekly Price Analysis – August 22 Today, the EURNZD pair looks for more downside as it begins negative moves. The currency pair is in a very important zone. Hence, it is necessary to wait and verify […]
