Zksync Price Forecast – January 20 Zksync remains under strong bearish pressure, with sellers aiming to push prices below the critical $0.15450 support level. Following the buyers’ inability to sustain momentum above $0.22150 earlier this year, the market reversed sharply, leading to a significant decline. January has further reinforced bearish dominance as sellers continue to […]
Market Analysis – January 16 XAUUSD market potential shift to bearish momentum ahead. The XAUUSD chart incorporates the 9-day Simple Moving Average (SMA) and the Relative Strength Index (RSI). The SMA, currently at $2670.0, is positioned below the price level of $2720.0, signaling that the price is overextended and could be due for a reversal. […]
Market Analysis – January 17 USOil retains bullish momentum amid strong technical indicators. The RSI indicator hovers at 64.10, signaling bullish momentum while remaining below overbought conditions, suggesting potential for further upside. The 9-day SMA is positioned at $76.30, supporting the price’s upward movement as WTIUSD trades above it, indicating strong buying pressure. USOil Key […]
Market Analysis – January 17 The FTSE 100 has finally breached the critical supply zone at 8396.0. This level had previously resisted price advances on four separate occasions. The breakout, driven by the Three White Soldiers candlestick pattern, has established a new all-time high at 8491.0, highlighting the index’s bullish momentum. This development has significant […]
Arbitrum Price Forecast: January 20 The Arbitrum price forecast suggests that bearish pressure dominates the market, potentially driving the price toward the lower support level at $0.6023. Arbitrum Long-Term Trend: Bullish (1-Day Chart)Key Levels: Resistance Levels: $0.9220, $0.8500Support Levels: $0.6673, $0.6023The Arbitrum market is broadly consolidating between the $0.9220 resistance and the $0.6673 support levels. […]
Bitget Price Forecast: January 16 The Bitget price forecast predicts the market will maintain its upward momentum, supported by a rising trendline. The goal is for the coin to retest the $8.5015 resistance level. Bitget Long-Term Trend: Bullish (1-Day Chart)Key Levels: Resistance Levels: $8.5015, $7.4210Support Levels: $6.0720, $5.5020Bitget experienced a significant surge in December 2024, […]
The market landscape for AUDNZD, EURNZD, NZDCHF, EURGBP, and AUDCAD reflects dynamic movements amid fluctuating global economic conditions. These currency pairs are exhibiting varying trends, presenting potential opportunities for traders. While a few markets are making solid gains, buyers have largely been in control for some. Below is the market analysis for today. AUDNZDMajor Bias: […]
BTCUSD (Bitcoin) Pulls Back as Buyers Look to Regain Control BTCUSD buyers are determined to reclaim momentum at the $108,550 key level. Bitcoin recently experienced a slight pullback, dipping to $102,720 after buyers initially pushed the price up to $103,720. Despite this minor decline, buyers remain focused on overcoming the significant resistance at $108,550, a […]
Market Analysis – January 17 GBPUSD is currently undergoing a downward trend, continuing to display a series of impulsive and corrective phases. The latest impulsive movement has resulted in a significant 3.79 percent displacement, further aligning with the prevailing bearish trend. GBPUSD Key Levels Demand Zones: 1.20370, 1.18020, 1.11420Supply Zones: 1.25070, 1.28110, 1.34340 GBPUSD Long-Term […]
