Market Analysis – April 9 NZDUSD has experienced a bearish displacement after testing the supply level of 0.6350. A fair value gap above the key level of 0.6230 shows the sell side’s inefficiency, which can create more shorting opportunities for the Bears. NZDUSD Key Levels Demand Levels: 0.6350, 0.6500, 0.6600 Supply Levels: 0.6230, 0.6090, 0.5770 […]
USOil Analysis – April 9 USOil Flips Bullish As Price Invalidates $81.00 Previous High. Since the emergence of the downtrend in March 2022, the market has been typically bearish. However, the bulls seem to be in control of the market now as the previous high of $81.00 gets invalidated. USOil Significant Zones Demand Zones: $72.50, […]
The EUR/USD currency pair held steady at 1.0900 on Friday following the release of mixed US jobs data. The euro (EUR) has had a decent week, with gains of 0.61%, but it failed to reclaim the 1.1000 level. The US Department of Labor released March’s job report, which showed that payrolls rose by 236K, slightly […]
Bears’ momentum may increase in USDCHF market USDCHF Price Analysis – 07 April The $0.90 barrier level may be breached if buyers apply enough pressure, and the upward trend may continue to the $0.91 and $0.92 levels. If sellers maintain their pressure and hold the $0.90 resistance level, the price may breach the $0.89 support […]
Sellers may continue to dominate Binance Coin market BNBUSD Price Analysis – 07 April Should sellers gain further momentum, Binance Coin might surpass its most recent lows of $300 and $286 and eventually close on the psychological level of $276. If buyers hold off against the $300 support level, the $314 resistance level can be […]
Market Analysis – April 7 The USDJPY price failed to fly above the resistance level of 138.0. The market has retraced back to the bullish order block resting at the support level of 130.0. USDJPY Key Levels Demand Levels: 130.0, 127.0, 121.0 Supply Levels: 138.0, 142.0, 150.0 USDJPY Long-term trend: Ranging The USDJPY market direction […]
Market Analysis – April 5 FTSE 100 bullish delivery lasted from October 2022 till February this year. Three black crows dived to change the direction of the market in February. The breakout of the rising wedge seemed lethargic initially, till the black crows appeared. FTSE 100 Significant Zones Supply Zones: 7712.0, 7848.0, 8015.0Demand Zones: 7288.0, […]
Despite an amazing rate of price growth for Shiba Inus, market sentiment is turning unfavorable. The CEO of Flowdesk claims that during a bull run, a regular order is always noticed. The BTC surge usually comes first, then altcoins, and then the meme coins. Moreover, the head of strategy at Sent Labs said that meme […]
Market Analysis – April 4 GBPUSD turned bullish after invalidating the bearish trendline on the daily chart. The price rallied to the resistance level of 1.240 in December. Due to the challenge faced by the buyers to push above the resistance level, the market formed a range between 1.240 and 1.190. The Bulls have finally […]
