NAS100 Analysis – April 13 The NAS100 index is currently demonstrating a clear bearish trajectory as it trades below key resistance levels. Technical analysis reveals that the 9-day Simple Moving Average (SMA), which is sloping downward, now acts as a dynamic barrier near the $18,300 level. Continued trading below this SMA indicates a lack of […]
Market Analysis – April 14 The NZDUSD pair has staged a swift and unexpected bullish reversal following a bearish breakout. This price behavior suggests that institutional players may have exploited market liquidity to engineer an aggressive upward movement, catching many traders off guard. NZDUSD Key Levels Demand Zones: 0.5550, 0.5470 Supply Zones: 0.5860, 0.6400 NZDUSD […]
Market Analysis – April 14 The USDCAD pair encountered significant resistance at the key level of 1.440, ultimately leading to a bearish price reversal after a period of consolidation lasting several months. This resistance level proved too strong for the bulls to breach, and the subsequent decline was swift and decisive. As a result, the […]
With a handful of economic news on the way, the GBPAUD has regressed to a lower support level. Based on the behavior of price action, it appears that investors are anticipating key impetus from the RBA. The outcome of the meeting will determine whether the pair will move lower or rebound upward. Let’s examine the […]
The EURAUD pair is positive today and also indicates a buying timeBuy traders may take their position as desired. EURAUD Weekly Price Analysis – April 13 EURAUD is gaining traction with a robust bullish trend, indicating a buying time for interested traders. The pair is facing high pressure from the bulls. Conversely, if the Yen […]
The FX market continues to reflect shifting momentum across key pairs. Sellers remain dominant in AUDNZD and EURNZD, while signs of bullish recovery appear in NZDCHF, AUDCAD, and EURGBP. Volatility, as seen through the Bollinger Bands, suggests potential for continued price action. AUDNZD Major Bias: Bearish AUDNZD continues to slide as bearish pressure drives price […]
Market Analysis – April 11 USOil is facing rejection as bearish momentum gains strength. On the daily chart, the Moving Average Convergence Divergence (MACD) indicator highlights persistent downward pressure. The MACD line remains below the signal line, with both sloping downward, confirming sustained selling interest. Additionally, the histogram continues to display negative bars, indicating that […]
Market Analysis – April 10 Gold (XAUUSD) continues to demonstrate strong upward momentum, with price action moving steadily toward successive resistance levels. On the daily timeframe, a bullish crossover is evident on the Moving Average Convergence Divergence (MACD) indicator, as the MACD line crosses above the signal line—indicating sustained buyer strength. The accompanying histogram has […]
The EURNZD looks promising at the $1.94 recent value.The currency pair remains bullish and could go higher. EURNZD Weekly Price Analysis – April 11 The EURNZD pair looks promising at the $1.94 current price level and could go higher as buyers remain dominant, aiming to rally towards the overhead as the price keeps its head […]
