The euro has gained some ground against the dollar and other major currencies after a Reuters report revealed that the European Central Bank (ECB) may soon start discussing how to reduce the huge amount of excess cash in the banking system. Citing insights from six reliable sources, the report forecasts that deliberations concerning the multi-trillion-euro […]
Market Analysis – September 19 Nasdaq 100 (NAS100) seeks clarity amidst stagnation. The Nasdaq 100 index finds itself in a state of stagnation, lacking vigor. The price action has remained indecisive for a considerable period. Nasdaq 100 (NAS100) Key Zones Resistance Levels: 15657.20, 14696.30 Support Levels: 14191.00, 12820.00 Nasdaq 100 (NAS100) Long-Term Trend: Bullish The […]
Market Analysis – September 19 GBPUSD bearish trend continues as the market has been under its influence persistently since July. The bearish momentum in the GBPUSD market became evident in early July. Buyers abandoned their positions, leading to a reversal at the crucial 1.31400 key level. Subsequently, the bears expanded their dominance by breaching the […]
Market Analysis – September 19 NZDUSD bearish sentiment has continued to persist recently. NZDUSD price has experienced a significant decline, breaking below the initial support level at 0.60300. It is crucial to monitor the Order Block zone next to see a continuation of the positive trend. NZDUSD Key Levels Demand Levels: 0.60000, 0.550000, 0.52000Supply Levels: […]
Arbitrum Price Forecast: September 18 The Arbitrum price forecast is for the buyers to keep applying pressure to recover the market to higher price levels. Arbitrum Long-Term Trend: Bullish (1Day Chart) Key Levels: Zones of supply: $0.9280, $1.1100 Zones of Demand: $0.8000, $0.7200 The potential conclusion of the bearish trend in the Arbitrum market raises […]
Market analysis – September 18 NZDUSD price retests the 0.6000 key level. NZDUSD has experienced a significant decline, with new lower lows being reached. This is while holding onto its highs of before. The dive in price began in March 2021. In late October 2022, around the 0.55000 mark, this substantial fall came to a […]
Market Analysis – September 18 EURCHF price movement potential impact might be a bullish trend. EURCHF price has experienced a significant decline after breaking its previous structure. This downward movement started in early June 2022 and continued until late September 2022. Following this final leg, the price began a notable pullback that persisted throughout April. […]
Market Analysis – September 18 US Oil (WTI) bulls edge close to the 91.009 price level. The oil price has displayed a bold bullish move. It is clear that the bulls relentlessly pushed the price beyond the 84.960 hurdle level. US Oil (WTI) Key Levels Resistance Levels: 91.000, 84.960 Support Levels: 76.600, 66.830 US Oil […]
Market Analysis: September 18 Gold (XAUUSD) is ready to level down to the 1884.260 market zone. Gold has been a battleground for buyers and sellers in recent times. Despite several attempts by sellers, they have not gained enough momentum to breach the crucial 1884.260 level. On the flip side, buyers have struggled to reach the […]
