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 […]
Market Analysis – July 28 GBPUSD is experiencing downside pressure following a key structural breakdown. The pair has resumed its bearish momentum, as price has decisively dropped below the 9-day Simple Moving Average (SMA), currently positioned at $1.3460. This breakdown aligns with fading bullish strength, reflected in the Relative Strength Index (RSI), which has slipped […]
Market Analysis—July 31 USDCAD reached the support level of 1.35660, where the previous downward trend came to a halt. Following the formation of a triple bottom pattern, the price rebounded strongly, breaking above the resistance level of 1.37850 and thereby confirming a bullish shift in market direction. USDCAD Key Levels Demand Levels: 1.35660, 1.34430, 1.32360 […]
Market Analysis – July 28 In the first quarter of 2025, USOIL experienced a major structural shift, signaling a transition from a bullish to a bearish trend. The preceding bullish trend, which reached a higher high in early January 2025, was invalidated by a subsequent breakdown in market structure—confirming the onset of bearish control. USOIL […]
The Canadian Dollar (CAD) extended its losing streak for a fifth straight day on Wednesday, slipping further against the U.S. Dollar (USD). The drop followed the Bank of Canada’s (BoC) decision to leave its benchmark interest rate unchanged at 2.75%, as expected. Concerns over stubborn inflation and trade-related uncertainty are adding pressure on the currency. […]
The Federal Reserve is expected to maintain its current interest rate policy at this week’s July meeting. The market expectations for a September cut is standing at approximately 60%. According to Stephen Juno, Senior U.S. Economist at BFA Securities, Chair Jerome Powell will likely deliver a “wait-and-see” message that reflects the central bank’s cautious approach. […]
The Euro (EUR) is holding its ground around the 1.15 level after falling 1.3% against the US Dollar (USD) on Monday. According to Scotiabank strategists Shaun Osborne and Eric Theoret, the currency is trying to stabilize after the sharp decline. Interest Rate Differentials Support the Euro Despite recent volatility, underlying fundamentals remain positive for the […]
Market Analysis – July 28 The AUDJPY pair recently encountered significant resistance at the 95.750 level. However, buyers ultimately broke through this barrier with a strong bullish push, driving price action toward the next resistance zone at 98.350. Following the formation of a swing high near this level, a retracement ensued, pulling prices back down […]
