EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair rises to a high of 173.90 but tumbles below the 174.00 barrier. Buyers could not keep the price above 174.00, resulting in the fall. This is the second time the Yen will achieve […]
The EURAUD pair to grow more as bullish cycle emerges.Buyers may place their order at their desired position. EURAUD Weekly Price Analysis – September 7 The EURAUD pair is gaining traction as a bullish cycle emerges with an impressive move towards the upper range, suggesting a possible buy opportunity for long traders at the $1.79 […]
Market Analysis – September 4 Gold (XAUUSD) bullish structure prepares for another upward continuation. The gold market continues to maintain a strong upward bias, with price action holding well above the short-term moving average at $3,460. The Stochastic Oscillator, although slightly elevated, still indicates that underlying bullish momentum has not been fully exhausted. The market’s […]
FTSE 100 Analysis – September 3 FTSE 100 signals an extended bearish retracement within the corrective phase. The FTSE 100 Index is currently undergoing a notable pullback as momentum indicators point to weakening buying pressure. The price has slipped below the short-term moving average positioned near $9,240, with the RSI easing from its overbought region […]
Despite Australia’s Balance of Trade coming in stronger than expected, it has not generated sufficient headwinds to pull down the GBPAUD market. At the same time, the Pound is expected to post weaker Retail Sales (MoM) compared to the previous release. Nevertheless, the pair has staged a sharp rebound, defying these fundamental pressures. Key Levels […]
AUDJPY Analysis – September 4 The AUDJPY pair maintains a robust bullish outlook despite experiencing a modest pullback, holding firmly above critical support zones. Market sentiment remains tilted in favour of buyers, who continue to dominate following a sustained multi-month advance, thereby keeping the door open for further upside opportunities. AUDJPY Key Levels Support Levels: […]
The Pound Sterling (GBP) found relief on Wednesday, bouncing back from a four-week low near 1.3330 against the U.S. Dollar (USD) during the European session. The GBP/USD pair climbed back toward 1.3400, supported by a temporary pause in the global bond sell-off and softer U.S. Dollar momentum. Key Market Drivers Sterling rebounds as 30-year UK […]
US30 Analysis – September 2 US30 displays steady bullish resilience with upside potential ahead. The US30 has maintained a strong upward trajectory, consolidating above its short-term moving average near $45,450. Momentum remains favorable as the Relative Strength Index (RSI) hovers around 61, reflecting healthy buying pressure without moving into overbought conditions. The index continues to […]
EURCHF Analysis – September 2 The EURCHF pair is currently under sustained bearish pressure after facing a strong rejection at the 0.94450 resistance level. Since that rejection, sellers have firmly taken control, reversing the recent bullish attempt and steadily driving the price lower. EURCHF Key Levels Support Levels: 0.93420, 0.93070, 0.92590 Resistance Levels: 0.94450, 0.95070, […]
