US30 price action received a significant upside push last Friday. However, the market opened for the week attracting the attention of bears. Subsequently, this has caused prices to keep falling toward the support level of $33,411. In today’s session, prices may likely break this support level to reach lower. Major Price Levels: Top Levels: $33,441, […]
The US30 market continues to relinquish its gathered gains in the ongoing session. Nevertheless, looking at the market, price action is still retaining a significant part of the profit from three sessions ago, and technical indicators keep telling us that price action still has some upside propensity. Important Price Marks: Resistance: $33,252, $33,300, $33,350 Support: […]
Following the extended downward retracement that started from the 2nd until the 7th of December 2022, USOil has been able to recover a significant part of the losses incurred during those times. Furthermore, market signs are still positive about more upside price moves. Major Price Levels: Top Levels: $78.37, $80.00, $82.00 Floor Levels: $76.00, $74.00, […]
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Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) price is in a downtrend but unable to break level 7463. The index plunged to the low of level 7339 on April 25. UKX dropped sharply to the oversold region. Immediately buyers emerged in the oversold region to […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price has reached overbought region as it may risk a downward move. Since March 30, the bulls have been struggling to break the recent high. The index will rally above level 7700 if the bulls break the recent […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD is in a downward correction as it struggles below level 33440. The bears retested the current support twice before reversing. The index has reached bearish exhaustion. Meanwhile, on February 25 uptrend; a retraced candle body tested […]
The USD index undulates between 97.25 and 97.20 as traders expect US President (Joe Biden) first State of the Union during today’s Asian session. The dollar measure musters the past day as the desire for risk worsen due to Ukraine-Russia news. The Latest Developments and Key Points of Pay Attention Recently, IMF(International Monetary Fund) and […]
