Market Analysis – December 12 Gold experienced a bearish phase in October, resulting in a significant drop below the bullish trendline established in July. However, the bulls have regained momentum, driving the price higher and resuming the overall uptrend. Gold Key Levels Demand Zones: 2531.0, 2431.0, 2305.0 Supply Zones: 2708.0, 2770.9, 3000.0 Gold Long-Term Trend: […]
Market Analysis – December 12 The USOil market is currently experiencing a lack of clear directional momentum, fluctuating within a range defined by the supply zone at 72.430 and the demand zone at 67.190. Within this consolidation phase, the formation of lower highs and equal lows outlines a descending triangle, signaling growing bearish pressure. USOil […]
Market Analysis – December 11 US 30 has undergone consecutive bearish sessions over recent days. Although the broader trend remains bullish, the alignment of successive down-close daily candles indicates the market has entered a corrective phase. US 30 Key Levels Demand Levels: 42,357.0, 43,450.0, 44,864.0 Supply Levels: 45,000.0, 46,000.0, 47,000.0 US 30 Long-Term Trend: Bullish […]
USD/CAD begins Thursday’s Asian session with further declines, trading near 1.4150. This marks the pair’s second consecutive day of losses as it continues to retreat from Wednesday’s high of 1.4194, the loftiest level since April 2020. The Canadian Dollar’s (CAD) strength follows the Bank of Canada’s (BoC) dovish guidance regarding future monetary policy adjustments. BoC’s […]
Market Analysis – December 11 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade encountered strong resistance at 156.0540, prompting a bearish structural shift. This sent the price downward. However, the decline paused at a bullish order block near 150.0000, where buyers regained control, leading […]
Market Analysis – December 11 EURCHF has decisively broken below the critical demand level of 0.93390, signalling a potential continuation of the long-term bearish trend. However, the price action has turned increasingly choppy, with daily candles consolidating sideways between the broken demand zone and the next significant demand level at 0.92790. This price action reflects […]
Market Analysis – December 10 AUDJPY has reached a crucial point in the current downtrend. The price is testing a key bullish order block at 95.5780, which could spark significant buying interest. This support zone is critical and may counter the ongoing bearish trend. The interaction here will likely determine the market’s next direction, adding […]
Market Analysis – December 9 GBPUSD remains entrenched in a bearish trend on the higher timeframe, despite a bullish retracement creating temporary upward momentum on lower timeframes. With the price currently in overbought territory, the bearish trend is expected to resume soon. GBPUSD Key Levels Demand Levels: 1.2500, 1.2400, 1.2300 Supply Levels: 1.2800, 1.31000, 1.3300 […]
Market Analysis – December 9 The Nasdaq 100 continues its remarkable bullish run, supported by a well-established trendline. Recently, it has surged past its previous swing high and all-time high of 21,205.0, signaling renewed bullish momentum. Nasdaq 100 Key Levels Demand Levels: 20,771.0, 19,630.0, 19,079.0Supply Levels: 22,000.0, 22,500.0, 23,000.0 Nasdaq 100 Long-Term Trend: Bullish In […]
