Market Analysis – December 19 USOil remains under pressure as bearish conditions persist. The price of USOil continues to trade below short-term moving averages positioned between $57.00 and $58.10, confirming that the market remains within a bearish technical environment. Recovery attempts have lacked sufficient strength to alter the prevailing trend, while the downward slope of […]
Market Analysis – December 11 Gold (XAUUSD) indicates persistent downward bias within the prevailing configuration. The broader structural outlook for XAUUSD reflects a clear erosion of bullish momentum, as daily-chart moving averages flatten and begin to tilt lower. Price action continues to trade beneath the near-term average, signalling a shift from impulsive upside movement into […]
The currency pair anticipates the next big bounce.The bulls may become crucial in the market soon. EURAUD Weekly Price Analysis – December 21 The EURAUD pair is being pressured by bearish activity today. However, the price could experience a bullish reversal if the bulls change their buying forces. Thus, if the buying pressure ignites a […]
As the year draws to a close, Wall Street investors are hoping for a traditional year-end rally, but recent market turbulence has made that outcome less certain. While U.S. stock indexes remain positioned for solid gains in 2025, December has delivered a more uneven performance than seasonal trends would normally suggest. The S&P 500, which […]
While the Australian dollar remains quiet on the fundamentals front, the British pound is reacting to disappointing retail sales data. This has reinforced resistance above the GBPAUD market, causing price action to rebound downward. Key Levels Resistance: 2.0300, 2.0500, 2.0700 Support: 2.0000, 1.9800, 1.9500 GBPAUD Has Some Cushion Although the GBPAUD market has pulled back […]
The Australia 200 market closed in the green as lower-than-expected US inflation data was released. In addition, strong performance from tech stocks provided further support, giving the ASX 200 a lift for the second consecutive session. Key Price Levels Resistance: 8,700, 8,750, 9,000 Support: 8,600, 8,500, 8,400 Australia 200 Proceeds Toward the 8,800 Mark As […]
The market saw a dip toward the end of trading activities this week. However, tech stocks provided some support, aiding a recovery in the Japan 225 market. Currently, the market has formed a base that may support further price increases in the new week. Let’s take a closer look below. Key Levels Resistance: 51,000, 52,000, […]
The law of demand and supply is once again at play in the platinum market. CFTC Commitment of Traders (COT) data reveal that there are more traders willing to buy than those willing to sell. This imbalance has provided strong support for the market, causing price action to surge past the 1,800 and 1,900 resistance […]
$COIN (NASDAQ: COIN) Forecast: December 20 Today, the Coinbase Global (NASDAQ: COIN) market is bleeding and anticipates a bullish correction as the selling pressure is about to subside. The stock price could be ready for an upward movement soon. Therefore, should the bulls add more pressure to the buying momentum, the price may reverse from […]
