Market Analysis – April 11 US 30 has witnessed a significant drop in the volume of its transactions since the 25th of October, 2022. US 30 has also witnessed long-term consolidation for a space of four months (November to February). The key level of 34381.0 remains unyielding giving way to a rise in the price. […]
Market Analysis – April 12 FTSE 100 Bulls are racing towards the resistance level of 8015.0. The market is approaching the 78.6% retracement level, where a bearish order block lies. FTSE Key Levels Resistance Levels: 7848.0, 7950.0, 8015.0Support Levels: 7288.0, 7120.0, 6782.0 FTSE 100 Long-Term Trend: Bearish FTSE 100 created a swing low on October […]
Market Analysis – April 6 Gold is currently delivering on the buy side of the market after a long-term decline in the price of Gold. The price is ascending to sweep the major high of 2069.0. Gold Key Levels Demand Levels:1959.0, 1805.0, 1613.0Supply Levels: 2069.0, 2160.0, 2200.0 Gold Long-Term trend: Bullish The nulls have drawn […]
Market Analysis – April 5 FTSE 100 bullish delivery lasted from October 2022 till February this year. Three black crows dived to change the direction of the market in February. The breakout of the rising wedge seemed lethargic initially, till the black crows appeared. FTSE 100 Significant Zones Supply Zones: 7712.0, 7848.0, 8015.0Demand Zones: 7288.0, […]
Market Analysis – April 4 US 30 has experienced difficulty breaking above the resistance level of 34209.0. After the price dropped below the 34209.0 resistance level in April, the market has not been able to recover. Multiple attempts to bridge the resistance level have failed. The Buyers are ascending once again to attack the same […]
Market Analysis – March 31st US Oil broke the supporting trendline on the 13th of March. The Bearish displacement delivered from 81.130 to 66.00. The market is currently experiencing a retracement after the impulsive move. US Oil Key Levels: Demand Levels: 73.20, 66.00, 62.00Supply Levels: 81.10, 89.00, 92.80 Oil Long-Term Trend: Bearish The tussle over […]
Market Analysis – March 30 Gold (XAUUSD) is currently experiencing buy-side delivery in the market. Gold experienced sell-side delivery from March to October of the previous year. Gold’s value fell from a 2051.0 supply level to a 1677.0 demand level. Gold Key Levels: Demand Levels: 1811.0, 1967.0, 1627.0Supply Levels: 2051.0, 2120.0, 2160.0 XAUUSD Long-Term Trend: […]
Market Analysis – March 26 Nasdaq 100 trend turned bullish at the beginning of this year. The resistance level of 12864.0 paused the ascent of the market. After a retracement to gain bullish momentum at the 11880.0 support level, the buyers have launched an attack on the 12864.0 resistance level. Nasdaq Key Levels Demand Levels: […]
Market Analysis – March 23 Gold experienced resistance from the bearish trendline from March to November of the previous year. The Buyers recovered just before the year ended. The rise in the value of Gold faced stiff resistance at the 1957.0 resistance level. The Bulls have broken the resistance and are set to soar. Gold […]
