Market Analysis – May 3 USDJPY witnessed a noteworthy development as it executed a bullish breakout from a rising wedge pattern in the twenty-four-hour timeframe, ultimately reaching the significant resistance level at 160.40 before undergoing a subsequent decline. Key Levels for USDJPY Demand Levels: 151.90, 146.50, 151.90 Supply Levels: 160.40, 165.00, 170.00 USDJPY Long-Term Trend: […]
EURCHF has resumed its upward momentum, striking at the resistance level of 0.9840 as bullish forces gather strength. April witnessed a setback for buyers as their attempts to breach the pivotal 0.9840 level were met with disappointment. The Awesome Oscillator underscored this downturn in bullish momentum, evident in the sudden price retreat below 0.9690. EURCHF […]
Battle Between Bears and Bulls in SPONGEUSDT market SPONGEUSDT Price Analysis – 01 May The price may rise as far as $0.000358 and $0.000400, respectively, if the bulls are successful in breaking above the $0.000311 resistance mark. The price of SPONGEUSDT may see a negative reversal and go below the support levels of $0.000249, $0.000190, […]
Buyers’ momentum increase in TRON market TRON Price Analysis – 01 May The $0.127 and $0.134 barriers may be overcome by the price of TRON if the purchasing trend persists above $0.129. Alternatively, if the downward trend persists below $0.117, the price can drop to the levels of $0.114 and $0.108. Key Levels: Resistance levels: […]
Market Analysis – May 1 The AUDJPY pair exhibits a strengthening bullish momentum, notably marked by the breakout from a parallel channel with the formation of three consecutive white soldiers. This surge in momentum propelled the price past the resistance level of 102.80, edging closer to the pivotal 105.50 threshold. Key Levels for AUDJPY Demand […]
Market Analysis – April 29th The GBPUSD price is currently demonstrating an upward trajectory towards a fair value gap situated below the 1.2700 mark. This movement occurs amidst a prevailing downward trend evident within the market structure, notably initiated by a dip below the April swing low of 1.250. Key Levels for GBPUSD: Demand Levels: […]
Market Analysis – April 29 Nasdaq has demonstrated substantial gains since the onset of the year, propelled by an upward trajectory within a bullish channel on the twenty-four-hour timeframe. However, April marked a pivotal shift in trend dynamics, resulting in the nullification of the previously established bullish channel. Key Levels for Nasdaq Demand Levels: 16995.0, […]
PEPE is poised for a bull run as analysts forecast a surge. Pepe (PEPE) continues to shine in the cryptocurrency market, with an impressive year-to-date surge of over 400%. Renowned crypto analyst Murad predicts a bullish trajectory for the coin, foreseeing its potential to outshine competitors and secure the top spot among meme coins. Why […]
Market Analysis – March 29 The NZDUSD pair has undergone a corrective phase within its overarching bearish trend, characterized by a persistent formation of lower lows since the market’s pivot at 0.6070. Throughout the year thus far, the William Alligator indicator has consistently acted as a barrier to price advancement, compelling downward pressure on demand […]
