Price activity in the GBPAUD market has rebounded off another higher support level. This appears to have been aided by economic developments on both sides of the pair. The UK aims to encourage economic growth by lowering its interest rate by 0.25 basis points (bps), while Australia faces a notable threat stemming from US trade […]
FTSE 100 Analysis – February 5 FTSE 100 is continuing its bullish rally with $8,800 in sight. The index is supported by positive technical indicators, including the 9-day Simple Moving Average (SMA) positioned at $8,570, which acts as a dynamic support level in line with the current trading price. The Relative Strength Index (RSI) stands […]
US30 Analysis – February 4 The US30 market is experiencing a bearish reversal as it approaches key resistance levels and indicators. The Dow Jones Industrial Average is currently exhibiting signs of bearish momentum, as highlighted by technical indicators. The 9-period Simple Moving Average (SMA) is positioned around $44,650, acting as dynamic resistance, with the price […]
Trump’s sweeping tariff shift impact on the U.S. dollar. President Trump’s latest tariff announcement has sent shockwaves through global markets. While Wall Street’s initial reaction has been relatively muted, investors are closely watching potential carve-outs and retaliatory measures. Henrietta Treyz, Director of Economic Policy at Veda Partners, weighed in on the implications for businesses and […]
Market Analysis – February 5 NZDUSD sellers are preparing for a deeper decline. The market remains under strong bearish pressure, with sellers pushing toward the 0.55500 support level. After buyers failed to sustain momentum at 0.57230, the market has continued its downward streak. This suggests the potential for further declines in the coming week. NZDUSD […]
Market Analysis – February 3 GBPUSD faces bearish pressure after being rejected from a key supply zone at $1.25620. The 9-period Simple Moving Average (SMA), calculated on closing prices and currently at $1.24020, remains above the prevailing market price, indicating short-term bearish momentum. Additionally, the MACD histogram is trending downward, with the MACD line crossing […]
NAS100 Analysis – February 3 NAS100 finds support, signaling a potential bullish reversal in the coming days. Technical indicators suggest a shift in momentum for NAS100. The 9-period Simple Moving Average (SMA) is at $21,520, with the price trading below it, indicating short-term bearish pressure. However, the MACD histogram shows weakening bearish momentum, with the […]
Ondo (ONDO) remains poised for growth as institutional adoption expands. Ondo’s finance has taken a significant step by integrating its tokenized U.S. Treasury fund (OUSG) with the XRP Ledger (XRPL). This move boosts liquidity and grants investors easier access to tokenized Treasuries, a sector experiencing rapid expansion in digital finance. By embracing this trend, Ondo’s […]
The market remains highly dynamic, with currency pairs reacting to evolving conditions. This week, AUDNZD and EURNZD exhibit a bearish outlook as sellers increase pressure, while NZDCHF and AUDCAD maintain a bullish stance with buyers pushing higher. EURGBP experiences renewed bearish momentum as sellers take control. Below is a detailed analysis of each currency pair […]
