Analysis

Feb 9 2023

Euro is seen in a corrective mode from its bullish track. Therefore, you may look forward to opening short as the main trading scenario this time.

USD/CAD Neutral amidst Muted Sentiment

Feb 8 2023

As US Dollar is in corrective mode, USD/CAD is now trading in the neutral zone. Use trading opportunities after the price has successfully tested the nearest supply or demand zone.

EUR/AUD Rises ahead of ECB Rate Hike

Jan 31 2023

The rate hike from ECB was greeted with market optimism, as EUR/AUD is seen rising and testing the 1.5450 supply zone.

GBP/JPY to Bounce from Demand Zone on Neutral Mood

Jan 25 2023

GBP/JPY is being corrected and testing the demand zone even though the daily trading bias is still neutral. Opportunity to buy may appear in the demand zone.

EUR/USD on Bullish Track, Anticipate Bounce from 1.0795

Jan 20 2023

The Euro is seen on a promising path. Therefore, buying momentum when price tests the demand zone is a significant opportunity to watch out for.

SPX and DJIA Score Lower while NASDAQ Mixed

Jan 13 2023

US indices are showing different performances today. SPX and DJIA are falling while NASDAQ consolidates.

US Indices Dwindle ahead of CPI Reports

Jan 12 2023

After a good bullish session yesterday, all three US indices are heading down slowly. If the bear keeps pushing, prices will slump below Pivot.

SPX and NASDAQ Looking to Fall toward S1

Jan 11 2023

Right now, the bear is pushing SPX and NASDAQ to S1. On the other hand, Dow Jones Industrial Average is traded in a tight range.

GBP/JPY Moves Higher amid Bearish Pressure

Jan 10 2023

GBP/JPY has risen in the last few days to get out of the bearish zone. Therefore, the best thing to do is to wait for a long opportunity.

SPX and NASDAQ on Tight Range, DJIA Dips

Jan 10 2023

US indices are showing different performances today. Both SPX and NASDAQ are mixed with low volatility, while DJIA decline. What will happen next?