Market Analysis – December 27 The gold market entered a bearish phase in November after breaking a supporting trendline on the daily chart. Despite efforts by buyers to regain control, they have consistently faced resistance at the critical level of 2715.0, resulting in the formation of a triple top pattern. Gold Key Levels Supply Levels: […]
Market Analysis – December 25 The EURCHF pair has made a notable recovery after breaking through the major price level of 0.93390. Upon reaching the next critical support at 0.92770, a double bottom pattern emerged, triggering a strong bullish surge. This move has been followed by a return to an order block (RTO), which is […]
Market Analysis – December 24 The FTSE 100 remains in a long-term downward trend, although a bullish retracement has emerged. Since testing the critical demand level of 8022.0 on the daily chart, the index has demonstrated notable price gains, reflecting short-term bullish momentum within a bearish structure. FTSE 100 Key Levels Demand Levels: 8022.0, 7918.0, […]
Market Analysis – December 24 The US 30 index has broken below its previous significant higher swing low on the daily chart, signaling a potential shift in market direction. This downturn has resulted in a 6.53% loss since reaching the swing high of 45,050.0. Key Levels for US 30 Demand Levels: 42,357.0, 40,915.0, 39,525.0 Resistance […]
Market Analysis – December 23 The GBPUSD pair continues to extend its bearish trajectory following a corrective phase. This movement aligns with the classic Market Maker Model (MMM), transitioning from the upward phase initiated in May, through the reversal in September, to the ongoing downward delivery. GBPUSD Key Levels Demand Levels: 1.26200, 1.23330, 1.21000Supply Levels: […]
Market Analysis – December 23 The Nasdaq 100 has maintained a bullish trajectory since testing the demand level at 17637.0 in August, when the market was oversold. This upward movement has been characterized by higher highs and lows. However, a recent 6.43% decline occurred after the price tested the resistance boundary of a bullish channel […]
Market Analysis – December 21 USOIL has undergone a notable shift in market structure after forming a major high at the 87.60 price level. A bearish trend emerged as the price consistently created lower lows, culminating in a daily bearish break of structure. This critical shift has solidified a long-term bearish outlook, reshaping sentiment and […]
Market Analysis – December 21 Gold has maintained a strong bullish trajectory since forming a significant low in early October 2023. This uptrend has driven prices through multiple resistance levels. Notably, the price surged past the critical demand level at $2,228.10, showcasing robust bullish momentum. Gold Key Levels Demand Zones: 2228.10, 2071.70, 1806.10Supply Zones: 2464.20, […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair is correcting upward within its defined range. Since August 5, the Yen has remained between levels 156.00 and 166.00. Today, the Yen broke above the moving average lines and achieved a high […]
