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 pair has renewed selling pressure after breaking below the moving average lines as it aims for its previous low of 155.00. In the previous price action, the currency pair rose to 175.42. The Yen […]
Market Analysis – August 1 Gold (XAUUSD) has resumed its bullish ascent after a brief dip below a bullish order block on the daily chart. This move initially suggested a potential trend reversal; however, the price did not break the previous swing low of $2,352.0. Instead, a higher low was formed, followed by a rally […]
Market Analysis – August 1 USOil price surged by 4.53% on July 31. This significant single-day rise occurred within a broader bearish trend, driven by the price hitting a bullish supporting trend line as the Stochastic indicator signaled the market was oversold. USOil Key Levels Demand levels: 72.40, 69.10, 64.80Supply Levels: 80.30, 87.50, 94.50 USOil […]
Market Analysis – July 31 The FTSE 100 index has experienced a bullish breakout from a parallel channel on the daily chart. The price pulled back to retest the border of the parallel channel, which provided support to propel it beyond the swing high of 8371.0. FTSE 100 Key Levels Demand Levels: 8200.0, 8010.0, 7899.0Supply […]
Buyers are increasing in Sponge market SPONGEUSDT Price Analysis – 01 August With the price getting closer to $0.000404, the bulls have a great opportunity to make even more money. The price will increase as long as it breaches the $0.000502 and $0.000610 barrier levels. Taking advantage of the impending SPONGEUSDT market recovery can result […]
Buyers momentum increase SILVER Price Analysis –01 August When the price is above $29 and there is a lot of purchasing activity, it will attempt to move up into the $30–$31 zone. If sellers are able to maintain the $29 price level and the $28 support level is broken, silver’s price may fall and test […]
Market Analysis – August 1 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade market is currently experiencing its second major trend this year. The first half of the year was characterized by a strong bullish trend. However, this trend reversed with a breakout […]
Market Analysis – August 1 The EURCHF market encountered resistance at the 0.9770 supply zone, prompting a price decline for a retest on the supporting trendline visible on the daily chart. This recent movement has been closely monitored by traders, as it suggests potential further bearish activity. EURCHF Key Levels Demand Levels: 0.9530, 0.9380, 0.9320 […]
Market Analysis – August 1 The AUDJPY market maintained a bullish trend throughout the first half of the year, consistently forming new swing highs until reaching a peak of 109.0. Despite experiencing significant pullbacks, the upward momentum remained intact until recently. However, the tides have turned, and the market is now experiencing a notable downward […]
