Market Analysis – August 29 AUDJPY is currently navigating a correction phase after an impulsive price crash earlier in August. The price has fluctuated within a narrow range for several days since the pullback began. Now, it stands on the brink of entering the supply zone on the daily chart, indicating potential resistance ahead. AUDJPY […]
Market Analysis – August 29 EURCHF continues to exhibit a classic downward trend, consistently forming lower highs and lows. The price decline has firmly taken hold, with multiple demand zones on the daily chart invalidated. Despite a recent pullback, strong rejection has swiftly resumed the downward momentum. EURCHF Key Levels Demand Levels: 0.93150, 0.92540, 0.90000 […]
Bulls’ pressure increase SILVER Price Analysis – 29 August If a lot of people are making purchases and Silver is more than $30, it will attempt to rise into the $31-$32 region. If sellers are able to maintain the $30 price level and the $29 support level is broken, silver’s price may fall and test […]
Market Analysis – August 26 GBPUSD price has surged past the swing high of 1.31420, fueled by seven consecutive days of bullish daily closes. This consistent upward momentum highlights the strong buying pressure in the market, with the price now setting its sights on the next key resistance at 1.32980. GBPUSD Key Levels: Demand Levels: […]
Buyers are holding onto S&P 500 market S&P 500 Price Analysis – 27 August If the $5580 level holds, the S&P 500 can rise and split into the resistance levels of $5667, $5765, and $6005. The $5500 and $5418 support levels may be tested by the price if the $5580 support level is shattered. Key […]
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Buyers’ momentum is weaken in Cardano market ADA Price Analysis – 27 August Cardano is currently trading slightly towards the Hull Suite forex signals indicator as bears try to seize the market. If buyers can hold the price above the $0.37 barrier, they can try to test the resistance levels at $0.37 and $0.40. The […]
Market Analysis – August 26 The Nasdaq 100 index tested its bullish trendline on the daily chart this August, leading to a significant bullish reversal. The recent price rally has successfully broken the key resistance level at 19,465.0. Nasdaq 100 Key Levels: Demand Levels: 18,434.0, 16,960.0, 16,420.0Supply Levels: 19,465.0, 20,129.0, 20,721.0 Nasdaq 100 Long-Term Trend: […]
Market Analysis – August 25 The FTSE 100 index has been on a consistent upward trend, gaining momentum after finding strong support at the 7917.0 demand level. This bullish push showcased the index’s strength as it climbed toward key resistance areas. However, the upward momentum was halted upon encountering a critical bearish order block at […]
Market Analysis – August 23 The USOil price has shown sensitivity to a downward parallel channel on the daily chart. After testing the channel’s lower boundary, the price has reversed direction, initiating an upward movement. USOil Key Levels Demand Levels: 72.40, 69.30, 67.70 Supply Levels: 80.20, 86.50, 89.80 USOil Long-term Trend: Bearish Before the recent […]
