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SPONGEUSDT Price: Buyers Are Making Effort to Break Up <img width=.000455 Level" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/05/4-hours-34-395x179.png"/>

SPONGEUSDT Price: Buyers Are Making Effort to Break Up $0.000455 Level

SPONGEUSDT in the hands of Bulls SPONGEUSDT Price Analysis – 09 May SPONGEUSDT may rise as high as $0.000501 and $0.000577, respectively, if the bulls are successful in breaking above the $0.000455 resistance mark. The price of the cryptocurrency may see a bearish reversal and fall below the support levels of $0.000404, $0.000359, and $0.000307 […]

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EURCHF Long-Term Bullish Trend Faces Resistance at 0.9840 Resistance

EURCHF Long-Term Bullish Trend Faces Resistance at 0.9840 Resistance

Market Analysis – May 9 EURCHF remains ensnared below the crucial resistance level of 0.9840, despite recent bullish endeavors. Following an aggressive price crash after an unsuccessful attempt to breach the aforementioned resistance level in April, EURCHF finds itself once more at this critical juncture. However, the price has retraced to a bullish order block […]

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AUDJPY Finds Support at 100.0 to Retain Bullish Stance

AUDJPY Finds Support at 100.0 to Retain Bullish Stance

Market Analysis – May 8 AUDJPY witnessed a sudden price decline subsequent to reaching the resistance level of 105.00. The presence of a wick on the candle’s body, extending into the supply zone, signified sensitivity and rejection. Subsequently, the market experienced a dip to 100.0, where the price found support, thereby reaffirming its bullish stance. […]

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The EUR/JPY Strengthens as It Recovers above Level 165.57

The EUR/JPY Strengthens as It Recovers above Level 165.57

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has risen above the moving average lines as it recovers above level 165.57. During the last price activity, the Yen was in an uptrend and soared to a level of 171.58. The currency pair fell […]

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NZDUSD Ascends into Overbought Region

NZDUSD Ascends into Overbought Region

Market Analysis – May 7 The NZDUSD market has undergone a notable shift, with an ascent into overbought region. This movement follows a bearish trajectory from the swing high of 0.6080 to the demand level of 0.5860. The recent price dynamics suggest a countertrend motion, indicating a potential resumption of the downward trend, especially as […]

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US Oil Market Witnesses Successful Bearish Breakout

US Oil Market Witnesses Successful Bearish Breakout

Market Analysis – May 3 USOil offered buy-side delivery of the price in the marketplace since the inception of the year. However, the month of May has changed the tide of the bullish institutional order flow. The parallel channel guiding the upward trend has been invalidated by a bearish breakout. US Oil Key Levels Demand […]

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Gold swoops below Moving Average Support

Gold Swoops Below Moving Average Support

Market Analysis – May 2nd The Gold market has taken a decisive turn, marking a significant departure from the protracted tug-of-war between bullish and bearish forces that characterized the trading landscape from November through February. This period was marked by a pattern of fleeting rallies promptly neutralized by retracements, leading to a protracted phase of […]

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