Bulls are dominating Cardano market ADA Price Analysis – 10 January In case the resistance level of $0.33 fails to hold, buyers may gain more impetus, and Cardano may increase to $0.34 and $0.37. The price may decrease to the $0.31, $0.29, and $0.26 resistance levels if sellers maintain their position at the $0.33 resistance […]
Tot i que l'índex del dòlar nord-americà (DXY) va arribar dilluns al mínim de set mesos, el ien japonès (JPY) no ha canviat gaire respecte al dòlar en el que va de setmana. El mercat de divises ha estat força tranquil a la sessió de negociació de dimarts. Després d'assolir un màxim dels 40 anys del 4.0% interanual a finals de desembre de l'any passat, el titular […]
Market Analysis – December 9 NZDUSD retests the bearish trendline following a bullish breakout. The market trend turned bearish after the appearance of a double top above 0.680. The retest of the double top’s neckline fostered a surge of sellers in the market. The retest fostered the price to decline rapidly. NZDUSD Key Levels: Supply […]
Market Analysis – January 7 GBPJPY experienced a bearish breakout from a descending triangle. The market made an impulsive move to the downside after a series of equal highs and higher lows. GBPJPY Significant Zones Demand Level: 156.00, 152.00, 148.50 Supply Level: 164.300, 168.00, 172.00 GBPJPY Long-term Trend: Bearish Since June, the GBPJPY market has […]
The average daily range of the Australian dollar during the first week of the year was over 2% on each day with significant trade. After all the commotion, it ended the week with a 1% gain. The main external factors that contributed to the volatility looked to be Chinese policy, minutes from Federal Reserve meetings, […]
The first trading week of the year 2023 ended with Nasdaq 100 claiming the $11,040 price level. Additionally, going by signs on technical indicators, it’s likely that the price may advance toward at least the $11,050 price level – if not surpassing it once the action begins. Major Price Levels: Top Levels: $11,040, $11,060, $11,090 […]
Després de la publicació de dades econòmiques crítiques als Estats Units, que, tot i ser encoratjades, no van donar suport al USD, el dòlar australià (AUD) va augmentar enfront del dòlar verd. A més, una enquesta PMI de serveis va caure en una zona de contracció, augmentant els temors d'una recessió als Estats Units. El parell AUD/USD cotitza actualment a 0.6863 en el moment de […]
USOil has been trading within a sideways price channel formed by the Fibonacci levels of 78.60 (resistance) and 100 (support) since mid-November 2022. And at this point, price action in the USOil market is now trying to retrace the resistance of this channel. Let’s zoom in to get a better view of things in this […]
Key Support Levels: 129.00, 128.00, 126.00Key Resistance Levels: 132.00, 133.00, 134.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is in a decline as it reaches the overbought region at level 140.83. The currency pair has reached a new low at a level 137.38 and is now undergoing an upward correction. The pair has been making […]
