Market Analysis – May 8 Gold (XAUUSD) eyes fresh highs amid renewed bullish momentum. Technical indicators currently support a bullish outlook for XAUUSD. The 9-day Simple Moving Average (SMA) is trending upward and positioned near $3,320, reinforcing its role as short-term dynamic support. The MACD (Moving Average Convergence Divergence) reflects ongoing bullish strength despite recent […]
The Tamadoge market has been trending upward from a strong support level at the $0.0004000 price mark. Recently, the market spontaneously breached the resistance at $0.0004500. Based on technical indicators, it appears the market may continue to rise as buying activity seems to be increasing. Key TAMA Statistics: May 9, 2025 TAMA Price: $0.0004684 Market […]
EURNZD remains a good buy at the $1.90 levelThe pair is going in favor of the bulls on both outlooks EURNZD Weekly Price Analysis – May 9 EURNZD market price remains a good buy at the $1.90 level while trading firmly above the supply levels. If the bulls can add additional efforts to their buying […]
FTSE 100 Analysis – May 7 FTSE 100 shows a strong recovery, with bullish momentum beginning to emerge. The index is currently exhibiting bullish signals supported by key indicators. The 9-day Simple Moving Average (SMA) is trending upward at approximately $8,500, with the price trading slightly above it at around $8,580. This confirms short-term bullish […]
US30 Analysis – May 6 US30 faces strong resistance at a crucial price zone. Technical indicators for the Dow Jones Industrial Average suggest potential upcoming weakness. After attempting to break above the $41,750 level, the price has failed to maintain momentum above this barrier. The 9-day simple moving average, positioned near $40,500, continues to trend […]
The US labor market presents a complex picture, marked by seemingly robust job numbers but underlying hints of a potential slowdown. As the Federal Reserve commences its two-day meeting, the state of the labor market is a key focus. The direction is particularly in light of President Trump’s calls for interest rate cuts. While market […]
Market Analysis – May 6 AUDJPY broke out of a descending triangle on the daily charts. Price now retraces toward the broken descending triangle. The pullback tests the former descending trendline of the triangle as a potential resistance. AUDJPY Key Levels Demand Levels: 90.00, 87.40, 83.90 Supply Levels: 95.30, 98.30, 101.40 AUDJPY Long-Term Trend: Bearish […]
The Tamadoge market continues to recover from its previous downturn. The price has been rebounding from the strong support level at $0.0004000. Currently, the market has surpassed a key technical level and is positioned to advance further. Key TAMA Statistics: May 6, 2025 TAMA Price: $0.0004301 Market Capitalization: $643.21K Circulating Supply: 1B Total Supply: 1.41B […]
Market Analysis – May 5 GBPUSD shows strength as buyers eye higher levels ahead. The 9-day Simple Moving Average (SMA) at $1.33200 is currently acting as dynamic resistance after previously serving as support, while the Relative Strength Index (RSI) at 57.79 remains above the neutral 50 line, signaling that bullish momentum persists. The RSI’s recent […]
