Market Analysis – January 27 GBPUSD analysis suggests the possibility of further declines ahead. The indicators on the chart point to prevailing bearish momentum. The 9-day simple moving average (SMA) at $1.23190 is trending below the current price of $1.24480, signaling a potential pullback before resuming the downward trend. The Stochastic Oscillator shows overbought conditions, […]
Market Analysis – January 24 USOil overview signals potential downward continuation. The Relative Strength Index (RSI) on the chart currently hovers near 51, suggesting neutral momentum, with neither buyers nor sellers in control. The RSI’s failure to sustain above 63 indicates that bullish strength is waning. Furthermore, the market appears to have respected the Overbought […]
Market Analysis – January 23 Gold (XAUUSD) market analysis signals an impending bearish reversal trend. The Relative Strength Index (RSI) indicates an overbought condition at 70.33, which often precedes a potential price reversal. The 9-period Simple Moving Average (SMA) at $2725.0 currently serves as a dynamic support level. However, the divergence between price action and […]
FTSE 100 Analysis – January 22 FTSE 100 trend indicates a strong bullish momentum. The Relative Strength Index (RSI) is at 72.48, reflecting overbought conditions, which are common in strong bullish trends. The Fibonacci retracement levels show critical support, particularly at $8050 (61.8%) and $8130 (50%), while the price remains above these levels, indicating sustained […]
US30 Analysis – January 21 US30 bullish momentum is driving the current price movement. The US30 index demonstrates strong upward momentum, supported by key technical indicators. A crossover between the 9-day and 21-day moving averages emphasizes the bullish trend, with the shorter moving average positioned above the longer one at $43,200 and $42,940, respectively. The […]
US Dollar performance is capturing global attention as markets digest President Donald Trump’s recent tariff remarks. Following choppy trading on Monday, the US Dollar is gaining momentum early Tuesday, supported by speculation surrounding trade policy and key economic data releases later in the day. US Dollar Climbs on Trump’s Tariff Comments The US Dollar Index […]
NAS100 Analysis – January 26 NASDAQ100 targets bullish momentum amid key resistance levels. Indicators on the NAS100 daily chart highlight strong bullish momentum. The 9-day SMA at $21,490 serves as dynamic support, with prices consistently trading above it. The MACD histogram remains positive, and its signal line has crossed above the zero level, confirming upward […]
The forex market continues to present dynamic opportunities across various currency pairs. This week, attention is focused on AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD. These pairs exhibit diverse trends, encompassing consolidation, breakouts, and potential reversals. With global economic shifts influencing market movements, traders must remain vigilant and adaptable. Below is a detailed analysis of these […]
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 pair rallies above the moving average lines as it reaches its top at 164.00. The currency pair has earlier fallen as low as level 159.72 before rising again. The Yen was range-bound between levels […]
