Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) price is in an upward correction as it struggles below level 7100. Since October 21, UKX has been trading between the moving average lines. On the plus side, if buyers keep the price above the 50-day line SMA, […]
Read moreAccording to the finance ministry, Japan spent a record $42.8 billion this month on currency intervention to support the yen. Investors were watching for signs of how much more the government might do to mitigate the JPY’s precipitous decline. The 6.3499 trillion yen ($42.8 billion) figure was about in line with Tokyo money market brokers’ […]
Read moreShiba Inu (SHIB) experienced its largest monthly gains in 2022 in February, rising 20.33% for the entire month. In July, Shiba Inu attempted to repeat the action and ended the month 13% higher. Given its recent price increase, Shiba Inu might be on track to repeat a similar action. The price of SHIB reached its […]
Read moreAUDJPY Analysis- October 31 AUDJPY is set to flip sides as the price continues to consolidate. There has been no recent development in the AUDJPY market at the moment. Instead, the buyers and the sellers have been flipping sides as prices continue to range between 95.8470 and 91.850 psychological levels. The buyers are being given […]
Read moreNZDUSD Analysis – October 30 NZDUSD flips bullish after hitting the 0.5510 demand zone. Until the old high at 0.5800 was broken, the market’s overview was typically bearish. The NZDUSD bears were predominantly in control, as indicated by the MA Cross. NZDUSD Significant Zones Demand Zones: 0.5600, 0.5510Supply Zones: 0.6060, 0.6230 NZDUSD Long-term Trend: Bullish […]
Read moreLucky Block Price Anticipation – October 31 The Lucky Block price anticipation is for the price to continue accumulating till buyers reach a peak level where they can strongly influence the market. LBLOCK/USD Long-Term Trend: Bullish (4-Hour) Key Levels: Zones of supply: $0.0002980, $0.0004200, $0.0005000 Zones of Demand: $0.0002100, $0.0001880, $0.0000880 The LBLOCK buyers intervened […]
Read moreRipple is being backed up as positive action is anticipated this week. The currency pair is full of optimism as a response to the support gained from a crypto lobbying group. Ripple has chosen to sue the Securities and Exchange Commission (SEC) in the United States after research revealed that Ripple has less than 50% […]
Read moreBuyers’ pressure may increase after pullback in EURUSD market EURUSD Price Analysis – October 31 The breaking up of the resistance level of $0.99 by the bulls may propel EURUSD above the resistance levels of $0.99, which may extend to$1.00 and $1.01. When the bears’ pressure push down price below the support level of $0.98, […]
Read morePolygon is struggling to penetrate $0.93 resistance level Polygon (MATICUSD) Price Analysis – October 31 An increase in the bulls’ pressure may push the coin to break up the resistance level of $0.93 and Polygon may increase further to $1.01 and $1.18 levels. In case the resistance level at $0.93 holds, Polygon may decline to […]
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