NAS 100 Analysis – Price Could Hold Lower Amidst Bullish Strength Nasdaq faces market resistance at the 151910 key zone. The price has been on a strong bullish trajectory in the market, with buyers finding consistent buying opportunities. This has now led to the US100 facing market resistance at the 15191.0 key zone. This resistance […]
Market Analysis – June 16 US Oil market participants seem to be awaiting the price’s reaction at the bearish order block. The bearish order block happened to be created on May 2, 2023, at the 62.0% Fibonacci retracement level at the premium zone. US Oil Significant Levels Demand Levels: 63.60, 57.30, 48.50Support Levels: 83.50, 93.70, […]
Market Analysis – June 14 The FTSE 100 index is showing signs of an imminent breakout as it approaches a narrow range of swing highs and lows on the daily chart. Currently hovering around the 7612.0 range, the market is in an accumulation phase, setting the stage for a significant shift in price. FTSE 100 […]
Market Analysis – June 14 The US 30 index is poised to establish a new yearly high after a relatively weak start to the year. Initially marked by a lack of sufficient volatility, the market experienced a period of consolidation before a bearish trend emerged. US 30 Key Levels Demand Levels: 32722.0, 31718.0, 30248.0Supply Levels: […]
Market Analysis- June 11 The NAS 100 index is currently experiencing a bullish breakout, with the price continuing to rise unabated. The strong buying momentum has propelled it past the bullish wedge formation, indicating a quest for new highs. NAS 100 Key Levels Demand Levels: 14250.0, 13500.0, 12800.0Supply Levels: 15200.0, 15600.0, 16000.0 US 100 Long-Term […]
Market Analysis- June 9 The US Oil market has created a range between the resistance level of 75.00 and the support level of 67.50. In the long term, the market is still bearish. The short-term consolidation has been observed to be a result of the well defended bearish order block resting in the resistance zone. […]
Market Analysis-June 8 The Gold market turned bearish on the higher timeframe (daily) at the cross of the Simple Moving Average (SMA) of periods nine and twenty-one in May. The price declined under a resistance trendline. The resistance trendline has been defied with a retest at the supply level of 1978.0. Gold Key Levels Resistance […]
Market Analysis – June 7 FTSE 100 has experienced a price surge from the bullish order block on the 7450 support zone. The price is rapidly soaring to the next resistance level of 7219.0 FTSE 100 Key Levels Demand Zones: 7450.0, 7330.0, 7203.0Supply Zones: 7719.0, 7805.0, 7937.0 FTSE 100 Long-Term Trend: Bearish A bearish reversal […]
Market Analysis- June 6 US 30 has declined steadily in a falling wedge. The buyers utilized the demand level of 32751.0 to engineer a price surge, which halted the bearish correction phase. US 30 Significant Levels Demand Levels: 32751.0, 31718.0, 31250.0Supply Levels: 33438.0, 34228.0, 34628.0 US 30 Long-Term Trend: Bullish The US 30 market took […]
