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The Eur/Jpy Falls but Remains Above Level 162.60

The EUR/JPY Falls but Remains Above Level 162.60

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 currency pair declines below the moving average lines but remains above level 162.60. The slide was halted by the 50-day SMA. The 21-day SMA resistance has slowed the upward momentum. Currently, the Yen will […]

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GBPUSD Dips into Bullish Confluence Zone

GBPUSD Dips into Bullish Confluence Zone

Market Analysis – November 18 GBPUSD has recently fallen below the 1.30410 demand level, descending to a new support zone at 1.26200. This support zone aligns with a bullish trendline, potentially acting as a buffer against further downside pressure in the ongoing bearish trend. GBPUSD Key Levels Demand Levels: 1.26200, 1.23330, 1.21000 Supply Levels: 1.30420, […]

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Nasdaq 100 (NAS100) Pulls Back into Discount Level

Nasdaq 100 (NAS100) Pulls Back into Discount Level

Market Analysis – November 18 The Nasdaq 100 (NAS100) shows signs of buyer exhaustion after achieving a new all-time high of 21,232.0. The index is currently undergoing a healthy correction within its broader bullish trend. This pullback positions the market in a discount zone, making it an attractive price level for a potential trend continuation. […]

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NZDUSD Slips Toward Key Support Zone

NZDUSD Slips Toward Key Support Zone

Market Analysis – November 19 The NZDUSD price has dropped significantly, reaching the demand level of 0.58700. Earlier, the market paused briefly at 0.59890 before continuing its decline. This move aligns with bearish sentiment, targeting the next support level at 0.58020, which holds potential liquidity. NZDUSD Key Levels Demand Levels: 0.59890, 0.58700, 0.58020 Supply Levels: […]

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USOil (WTI) Returns to Demand Levels

USOil (WTI) Returns to Demand Levels

Market Analysis – November 16 USOil has been range-bound between two crucial price levels since September. The market has repeatedly failed to break through resistance at 72.430, while the 67.970 support has consistently held firm. Currently, the price is resting at this support zone, showing clear signs of a potential reversal. USOil Key Levels Demand […]

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Tamadoge (TAMA) Price Outlook for November 17: TAMA/USDT Recovers from Downward Forces

Price action in the Tamadoge market shows signs of recovery from recent downward pressure. The latest price candle indicates that the market is poised to reclaim higher price levels. Additionally, other positive indicators suggest the potential for further gains in subsequent trading sessions. Key TAMA Statistics on November 17, 2024: TAMA Price: $0.000981 Tamadoge Market […]

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