Market Analysis – July 4 GBPJPY has formed a very accurate market structure. This structure consists of consistent higher lows racing towards the resistance level of 199.810. The bullish ascent started from the demand level of 184.360. Importantly, it has maintained structural integrity throughout. There has been no single-stop run. Furthermore, no lower high has formed. Overall, this clean progression […]
Market Analysis – July 4 USOil signals a bearish rejection from the premium supply imbalance region. The USOil daily chart shows a strong rejection from the premium supply zone near $78.00, aligning with the 1.0 Fibonacci retracement level of the previous decline. Price action has since moved below the 9-day Simple Moving Average, currently positioned […]
The EURNZD pair suggests a good buy trade.The bulls remain on top of the range. EURNZD Weekly Price Analysis – July 4 The EURNZD pair remains good to buy as buying pressure mounts. The pair is gaining traction towards the upper channel with a robust bullish trend, signaling strong market optimism and potential for significant […]
Market Analysis – July 3 Gold (XAUUSD) confirms a rebound as momentum returns from key support. The market is showing renewed bullish sentiment after successfully holding the $3,300 order block zone, which aligns with the 9-day Simple Moving Average currently positioned at $3,330. The Stochastic Oscillator indicates a bullish crossover emerging from the oversold region, […]
FTSE 100 Analysis – July 2 FTSE 100 continues its downward drift as momentum weakens further. The FTSE 100 Index remains bearish, reflecting declining momentum and a weakening trend across major technical indicators. The daily MACD has made a bearish crossover below the signal line and is trending lower, confirming a loss in bullish strength. […]
The GBPAUD market dipped significantly in the previous session as speculation surrounding the Australian dollar intensified. However, with the release of the Balance of Trade data, it appears that the bears are taking their feet off the gas pedal. Can we expect a further upward rebound? Let’s take a closer look. Key Levels Resistance: 2.100, […]
U.S. stocks opened mixed as investors await crucial economic reports this week, including Friday’s jobs data and multiple Fed speaker appearances. The S&P 500 hovered near record levels despite growing concerns about escalating trade tensions, with President Trump threatening new tariffs on European autos. Analysts note that markets have become somewhat desensitized to trade headlines, […]
US30 Analysis – July 1 The US30 index continues to display strong bullish momentum above key resistance levels. This is evident in its sustained movement above the 9-day Simple Moving Average, which is currently positioned near $42,720. This moving average has served as dynamic support for the ongoing rally and aligns with the upward trendline […]
The British Pound remains under pressure against the US Dollar early Friday, with the GBP/USD pair hovering around 1.3195 in the Asian session. The decline comes as markets turn cautious ahead of the highly anticipated US employment report for July. BoE Rate Cut Expectations Weigh on Sterling Rising speculation that the Bank of England (BoE) […]
