Market Analysis – July 31 Gold (XAUUSD) is poised for a positive recovery from a key support level. After revisiting the $3,280 support, which has been reinforced by historical demand and an existing order block, gold has recently encountered resistance. The 9-day Simple Moving Average at $3,340 remains above the current price, indicating the potential […]
AUDNZD and NZDCHF show bearish signals, while AUDCAD, EURGBP, and EURNZD exhibit bullish momentum. Volatility remains notable, influenced by recent technical developments. AUDNZD Major Bias: Bearish The Stochastic Oscillator (14, 3, 3) on the AUDNZD chart indicates a bearish trend this week. The pair has declined from the 1.07699 resistance toward the 1.06500 support, with […]
Market Analysis – August 1 The AUDJPY market, which had previously established a bullish reversal, faced significant resistance at the 95.4490 level. Buyers leveraged the key support zone near 92.1320 to fuel an upward push, eventually breaking above the initial resistance. Since then, the price has sustained a bullish trajectory but has now encountered a […]
Market Analysis – August 1 USDJPY has faced persistent resistance at the key psychological level of 148.500 since April, repeatedly failing to break above it despite several bullish attempts. After months of consolidation and accumulation below this threshold, buyers have finally succeeded in pushing the price beyond this significant barrier. This breakout marks a potential […]
The EURAUD pair remains in an upside move.The bulls are still dominating the market at the moment. EURAUD Weekly Price Analysis – August 3 The EURAUD buyers are leading today, as the pair anticipates more swings and looks promising at the $1.78 current high level. With a strong bullish trend, the pair is gaining traction, […]
It’s all about the bears on this week’s list of trending coins. Topping the list is the Pi token, followed by MAGIC, while HYPER holds third place. Most of these coins are under strong bearish pressure as of the time of writing. Let’s dive into the details below. Pi (PI) Major Bias: Bearish The Pi […]
FTSE 100 Analysis – July 30 FTSE 100 maintains bullish strength with a poised continuation structure. The index has upheld a strong upward trajectory, consistently trading above the 9-period Simple Moving Average (SMA), currently positioned near $9,080. This bullish bias is further supported by the Relative Strength Index (RSI), which is hovering close to the […]
US30 Analysis – July 29 US30 shows potential for a retracement within its overall bullish structure. The index has maintained a broadly upward trajectory in recent months, supported by a consistently rising trendline and favorable alignment with the 9-day Simple Moving Average (SMA), currently around $44,680. Momentum indicators, such as the MACD, reveal a narrowing […]
The EURNZD price surge may increase Further.Buyers will invade the market soon. EURNZD Weekly Price Analysis – August 1 The EURNZD bullish run may skyrocket as the new correction begins at the overhead region, signaling potential for further gains. In the meantime, if the bulls can accelerate the purchasing momentum, the pair may rise even […]
