As the U.S. government shutdown enters its early days, critical economic data releases have ground to a halt, leaving the Federal Reserve without vital insights at a precarious time for the economy. With recession concerns mounting due to a hiring slowdown and stubborn inflation, experts warn that policymakers are essentially flying blind. The shutdown, which […]
Key Takeaways AUD/USD stays strong above 0.6600 as the Greenback loses steam. US Dollar drops amid government shutdown and dovish Fed expectations. Investors focus on Australia’s Westpac Consumer Confidence and the Fed Minutes. Australian Dollar Extends Its Recovery The Australian Dollar (AUD) advanced on Monday, climbing higher as the US Dollar (USD) softened. The AUD/USD […]
NAS100 Analysis – October 5 NAS100 maintains a strong upward trajectory with solid technical backing. The NAS100 Index continues to demonstrate a clear bullish bias as prices trade comfortably above the 9-day Simple Moving Average (SMA) near $24,660, indicating persistent demand and firm market confidence. Momentum indicators, including the MACD, remain supportive, with the histogram […]
Market Analysis – October 3 USOil sustains a downward trajectory as technical weakness intensifies. The commodity remains under significant selling pressure, with recent price action reflecting the continuation of a broader bearish cycle. Momentum indicators reinforce this weakness, as the MACD maintains a negative reading, highlighting subdued buying interest and a prevailing imbalance in favor […]
The strong bullish runs in AUDNZD, EURNZD, and EURGBP are now facing significant pullbacks, shifting the immediate bias in favor of sellers. Conversely, the relentless downtrend in NZDCHF has paused, hinting at a potential relief rally, while AUDCAD bulls are making a second attempt to secure a breakout. This widespread reversal of momentum suggests a […]
Market Analysis – October 2 Gold (XAUUSD) maintains its upward drive with favorable technical alignment. Gold (XAUUSD) continues to hold a bullish stance, with price hovering near $3,860 while remaining well above the short-term moving average around $3,810. The Relative Strength Index (RSI) is trading above 76, indicating strong market demand despite being in overbought […]
The EURNZD market value could go higher.The currency pair remains bullish in both outlooks. EURNZD Weekly Price Analysis – October 3 The EURNZD market is up. Amidst recent market fluctuations, the pair offers a suitable pullback at $2.01 high mark, trying to stabilize above the supply levels. Will the pattern hold true and trigger a […]
AUD/JPY Price Analysis – October 1, 2025 Australian Dollar has lost its recent bullish momentum against the Japanese Yen after a failed attempt to break through major yearly resistance at 98.37 JPY. Following this rejection in mid-September, the pair has entered a corrective phase, consolidating just below this key resistance. The technical indicators now suggest […]
FTSE 100 Analysis – October 1 FTSE 100 sustains an upward drive with a resilient technical posture. The FTSE 100 Index is charting a strong upward path, supported by solid momentum signals and a stable price structure. The Stochastic Oscillator remains positioned above the 80 threshold, indicating persistent accumulation despite overbought conditions. Current pricing holds […]
