Market Analysis – October 10 USOil retains persistent downward momentum under a fragile technical structure. The asset continues to exhibit a clear bearish configuration as analytical indicators remain aligned with a declining trajectory. Price action currently trades below the 9-day Simple Moving Average, signaling diminishing bullish strength and limited rebound potential. The MACD histogram remains […]
Market Analysis – October 9 Gold (XAUUSD) sustains its uptrend amid strong technical confirmation and momentum. The pair maintains a firm bullish trajectory as price action continues to trade above the 9-day Simple Moving Average (SMA) near $3,930, signaling persistent upward pressure. The Moving Average Convergence Divergence (MACD) indicator reinforces this strength, with the MACD […]
The currency pair is going in favor of the bulls.Overall market sentiment regarding the pair remains bullish. EURNZD Weekly Price Analysis – October 10 According to the EURNZD market status today, it’s not yet ascertained whether the bears will reappear. The pair is in an upward trend at the moment, anticipating more swings, and looks […]
FTSE 100 Analysis – October 8 FTSE 100 sustains its upward trajectory amid technical confirmation signals. The FTSE 100 Index maintains a strong bullish bias as price action remains above the 9-day Simple Moving Average (SMA) around $9,390, reflecting sustained market strength and investor optimism. The MACD indicator reinforces this momentum, with its histogram expanding […]
The U.S. Dollar (USD) continues its strong upward momentum, gaining ground against major currencies even amid a data blackout caused by the ongoing U.S. government shutdown. The greenback is now approaching the upper limit of its trading range seen since June, according to Brown Brothers Harriman (BBH) analysts. However, with crucial economic data releases suspended, […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair breaks the $173.90 barrier and the target price of 175.28, but stalls at 177.00. In recent price action, the Yen fell severely below the moving average lines, yet bulls bought the dips. The […]
US30 Analysis – October 7 US30 sustains upward momentum amid a strong technical structure. The US30 index continues to display a robust bullish trajectory, maintaining consistent alignment with upward-trending indicators. Price remains well above the 9-day Simple Moving Average (SMA) near $46,440, reflecting sustained investor confidence and persistent buying interest. The MACD histogram also maintains […]
Market Analysis – September 29 GBPUSD demonstrates an entrenched depreciation bias under persistent technical headwinds. The GBPUSD structure is showing reduced upward capacity, with recent movements reflecting a consistent contractionary tone across analytical indicators. The 9-day Simple Moving Average at $1.3460 now acts as a resistance ceiling, while the MACD oscillator maintains a negative gradient, […]
Market Analysis – October 6 GBPUSD signals a continued downward movement as sellers reclaim short-term control. The pair is losing bullish momentum, with the 9-day SMA at $1.3430 currently exerting downward pressure on price action. Momentum indicators such as the RSI hover around 47, reflecting indecision but leaning toward bearish sentiment as the market struggles […]
