Market Analysis – November 12 The GBPUSD market entered a consolidation phase from December to March, signaling potential accumulation. A subsequent manipulation phase saw prices dive to the 1.22610 support level. This was followed by a distribution phase, with a strong bullish rally pushing the pair up to 1.34140. However, recent price action shows early […]
Nvidia Boost Propels Render Token to New Bullish Levels Nvidia boost propels render token to new bullish levels. Render Token (RENDER) has seen bullish momentum amid growth in the AI and blockchain sectors, fuelled by Nvidia’s rise as the most valuable publicly traded company. Nvidia, known for its cutting-edge AI GPUs, recently overtook Apple in market […]
Price soars above $0.577 level ADA Price Analysis – 12 November Buyers can attempt to test the resistance levels at $0.676 and $0.706 if they can keep the price above the $0.626 barrier. If the $0.577 barrier is overcome, the support levels of $0.511 and $0.488 will be taken into account. Key Levels: Resistance levels: […]
Market Analysis – November 12 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade turned bullish in October after breaking above the 144.500 level and breaching a bearish trendline anchored by swing highs from August and September. Since this reversal, the market structure has maintained […]
Market Analysis – November 12 NZDUSD initiated the current downtrend at the 0.63770 swing high and has now paused at a crucial price level. Market participants are currently vying for control at this zone, causing a temporary stall in the descent. NZDUSD Key Levels Demand Levels: 0.59890, 0.58700, 0.58020 Supply Levels: 0.61310, 0.62160, 0.67330 NZDUSD […]
More retailers join EURUSD market EURUSD Price Analysis – 11 November If sellers can overcome the support level at $1.06, they might be able to push the price down to the $1.05 and $1.04 barrier levels. If buyers can hold the price over the $1.07 barrier, prices may surge beyond the resistance levels of $1.08 […]
Market Analysis – November 11 GBPJPY recent ascent has hit resistance at the 199.480 supply zone. Sellers have defended this level, forming a double-top pattern, signalling potential bearish reversal pressure. Currently, sellers are working to initiate a reversal from this key zone. GBPJPY Key Levels Demand Levels: 189.610, 184.160, 180.080 Supply Levels: 199.480, 202.100, 207.560 […]
Market Analysis – November 8 The USOil price has been trapped below the resistance level of 72.430 and the support level of 67.970. Currently, the market is showing bearish reversal signs as the price has reached the resistance zone of the market range. USOil Key Levels Demand Levels: 67.970, 62.540, 57.920Supply Levels: 72.430, 78.420, 83.290 […]
Market Analysis – November 8 The FTSE 100 index recently dropped below the significant demand level at 8145.0, following the formation of three distinct falling peaks on the 24-hour timeframe. This technical pattern has intensified bearish momentum, paving the way for potential further declines, with the next key demand level identified at 7918.0. The break […]
