Market Analysis – May 14 Gold has reached its all-time high again after the change in market direction in 1612.0. The months of October until the current time were used to produce a buy-side delivery of the bearish swing from 2068.0 to 1612.0. Gold Major Levels Resistance Levels: 2068.0, 2043.0 Support Levels: 1978.0 1612.0 Gold […]
Market Analysis – May 16 US 30 appears to be guided by a resistance trend line on the daily chart. The daily candles have fallen below the Moving Average in Period 9 to signify a price decline. A bearish breakoff structure has played out successfully on the daily chart. As the market keeps repelling from […]
XAUUSD Analysis – Traders Are Capitalizing on Bullish Strength Gold buyers eye more gains in the market. The gold market has seen an unprecedented surge in buying pressure as traders eye more gains. The XAUUSD price has been strongly influenced by buy traders, despite selling pressure as well. This bullish trend has been steadily progressing […]
Market Analysis – May 5 US Oil price has declined quickly after a false breakout above 81.130. This week, the market reached its lowest price so far at 66.000. US Oil Key Levels Resistance Levels: 81.130, 89.000, 92.800Support Levels: 73.200, 66.000, 62.000 Oil Long-Term Trend: Bearish Oil price fluctuations have been very erratic in recent […]
Market Analysis – May 2 The US 30 Bulls have attempted to rise beyond 34381.0 key level but have failed multiple times. The last attempt on the first of May has led to the formation of a double-top bearish reversal pattern below the stiff resistance zone. US 30 Key Levels Demand Levels: 32751.0, 31718.0, 30171.0Supply […]
Market Analysis – May 4 FTSE 100 is currently reversing in the premium region of the last bearish displacement on the 24 hour chart. The lower timeframe market structure has exposed the change in market direction, with the bearish reversal at 7887.0 FTSE 100 Key Levels Demand Level: 7622.0, 7311.0, 7079.0Supply Level: 7887.0, 8200.0, 9000.0 […]
Market Analysis – April 28 US Oil gapped above the previous high in anticipation of a retest to resume the bearish trend. The market has corrected to fill the gap. The price action is currently being observed to determine if Crude Oil will resume its bearish trend. US Oil Key Levels Demand Levels: 66.000, 62.000, […]
Market Analysis – April 25 FTSE 100 has soared to the bearish order-block resting at the 7887.0 supply zone. The price is at extreme premium levels. The market is well overbought on the daily timeframe, as seen on the Stochastic indicator. A shift in market structure is currently anticipated to foster a bearish reversal in […]
Market Analysis – April 19 FTSE 100 price is currently within the premium range. The retracement accent seems to trend steadily without the formation of a lower time frame shift in market structure, the pullback might like to turn into a total reversal. FTSE 100 Key Levels Demand Levels: 7712.0, 7576.0, 7288.0Supply Levels: 7848.0, 8015.0, […]
