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 […]
Market Analysis – July 30 The US 30 index has concluded its price correction phase, rebounding strongly after testing the demand level of 40,094.0. This surge has established a bullish shift in the market structure, setting the stage for a continued uptrend. US 30 Key Levels: Demand Levels: 40,094.0, 39,505.0Supply Levels: 40,629.0, 41,414.0 US 30 […]
Market Analysis – July 30 The NZDUSD market is currently on a downward spiral, breaking out from a bearish wedge and the demand zone of 0.5980 to the downside with the aid of three black crows. The price dip is targeting lower liquidity regions characterized by relatively equal lows. NZDUSD Key Levels: Demand Levels: 0.5860, […]
Sellers are taking over S&P 500 market S&P 500 Price Analysis –30 July If the $5499 level holds, the S&P 500 can rise and split into the resistance levels of $5580, $5667, and $5680. The price may test the $5413 and $5345 support levels if the $5499 support level is broken. Key Levels: Resistance levels: […]
Market Analysis – July 29 GBPUSD price has established a bullish break of structure above the swing high of 1.2860. The Relative Strength Index (RSI) signaled an overbought market, leading to a retracement to the bullish order block at 1.2830. GBPUSD Key Zones Demand Levels: 1.2830, 1.2690, 1.2540Supply Levels: 1.3000, 1.4000, 1.5000 GBPUSD Long-term Trend: […]
Market Analysis – July 24 The Nasdaq 100 has continued its decline following the failure of the demand zone at 19,449.0 to hold. A new lower high has been established, offsetting short orders and confirming a bearish trend. Nasdaq 100 Key Levels Demand Levels: 19,453.0, 18,618.0, 17,797.0Supply Levels: 20,176.0, 20,783.0, 21,000.0 Nasdaq Long-Term Trend: Bearish […]
Sellers’ momentum is increasing EURUSD Price Analysis –29 July If buyers are able to breach the resistance level at $1.08, they can advance to the $1.09 and $1.10 barrier levels. If sellers are successful in holding the price below the $1.07 barrier, prices may go below the $1.06 and $1.05 support levels. EUR/USD Market Key […]
An increase in Bulls’ pressure Polygon (POL) Price Analysis – 29 July Polygon Ecosystem Token may be able to advance to the $0.57 and $0.62 difficulty levels after surpassing the $0.52 barrier. The market might be able to breach the $0.47 support level and expose itself to the $0.43 and $0.35 levels if sellers are […]
