Bears effort cause AUDUSD market to fall AUDUSD Price Analysis – 20 November If customers are driven enough to surpass the $0.64 barrier, they could be able to reduce the price to about $0.63 or even $0.62. If buyers are successful in pushing the price above the $0.65 resistance level, prices may rise to the […]
Market Analysis – November 20 AUDJPY appeared poised for a bearish reversal as it dipped below the recently surpassed supply level of **100.3870**. However, the bullish trendline emerged as a critical support level, rekindling buyers’ hopes for a continuation of the uptrend. AUDJPY Key Levels Demand Levels: 95.460, 93.740, 89.990 Supply Levels: 102.910, 104.640, 108.240 […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY currency pair declines below the moving average lines but remains above level 162.60. The slide was halted by the 50-day SMA. The 21-day SMA resistance has slowed the upward momentum. Currently, the Yen will […]
Market Analysis – November 18 GBPUSD has recently fallen below the 1.30410 demand level, descending to a new support zone at 1.26200. This support zone aligns with a bullish trendline, potentially acting as a buffer against further downside pressure in the ongoing bearish trend. GBPUSD Key Levels Demand Levels: 1.26200, 1.23330, 1.21000 Supply Levels: 1.30420, […]
Market Analysis – November 18 The Nasdaq 100 (NAS100) shows signs of buyer exhaustion after achieving a new all-time high of 21,232.0. The index is currently undergoing a healthy correction within its broader bullish trend. This pullback positions the market in a discount zone, making it an attractive price level for a potential trend continuation. […]
Bulls may find resistance at $0.000330 There might be more positive action in Sponge market as long as the bulls continue to push, $0.000081, and $0.000006. The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher. If the resistance level of $0.000196 holds, bears may find […]
Price may retest $0.824 level ADA Price Analysis – 19 November Buyers can attempt to test the resistance levels at $0.676 and $0.706 if they can keep the price above the $0.626 barrier. If the $0.577 barrier is overcome, the support levels of $0.511 and $0.488 will be taken into account. Key Levels: Resistance levels: […]
Market Analysis – November 19 The NZDUSD price has dropped significantly, reaching the demand level of 0.58700. Earlier, the market paused briefly at 0.59890 before continuing its decline. This move aligns with bearish sentiment, targeting the next support level at 0.58020, which holds potential liquidity. NZDUSD Key Levels Demand Levels: 0.59890, 0.58700, 0.58020 Supply Levels: […]
Market Analysis – November 16 USOil has been range-bound between two crucial price levels since September. The market has repeatedly failed to break through resistance at 72.430, while the 67.970 support has consistently held firm. Currently, the price is resting at this support zone, showing clear signs of a potential reversal. USOil Key Levels Demand […]
