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 […]
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 to its previous high with a target of 170.71. The current rally has reached a high of level 169.30. The Yen is expected to rise above its current level, based on pricing indicators. Meanwhile, […]
Market Analysis – April 29 In the ongoing AUDJPY market dynamics, bullish sentiment remains resolute, with the Australian Dollar asserting its dominance over the Japanese Yen. Institutional order flow underscores a period characterized by notable volatility and a prevailing bullish trajectory. This trading week has witnessed a significant bullish breakout from a parallel channel, further […]
Market Analysis – April 29 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade currency pair has recently undergone a notable bullish breakout from a rising wedge pattern observed on the daily chart. Presently, it is displaying significant momentum as it advances towards challenging […]
Market Analysis – April 27 USOil bearish trend halted at the demand level of 72.10. The market experienced a shift in market structure after finding support on the lower Bollinger band. Before the bullish reversal, the Williams Percent Range signaled an ascent in the price in December when it swerved into the oversold region. USOil […]
Market Analysis – April 26th Gold (XAUUSD) market has recently emerged from a prolonged period of subdued activity, marking a notable shift in its dynamics. From November to February, the market experienced a decline in volatility, characterized by sideways movement and diminutive candle sizes on the daily chart. During this phase, volume bars exhibited consistent […]
Market Analysis – April 26 EURCHF exhibits a notable resurgence, marked by a significant hammer candle formation. Despite earlier indications from the William % Range Indicator of a potential downturn, the currency pair demonstrates remarkable resilience, defying crash expectations. Notably, despite entering oversold territory in early February, this had minimal impact on its upward trajectory. […]
