Market Analysis – August 7 The FTSE 100 index initially experienced an upside breakout, followed by a retest and the formation of a swing high. This price action suggested a potential continuation of the uptrend. However, contrary to expectations, the price then sharply declined, plunging to the demand zone at 8009.50. FTSE 100 Key Levels: […]
Market Analysis – August 8 US 30 index, in recent years, has demonstrated its highest volatility since the beginning of the year. The appearance of large-range candles has invalidated the previous bullish order block, signaling a reversal into a bearish market trend. US 30 Key Levels: Demand Levels: 38018.0, 37238.0, 36264.0Supply Levels: 39819.0, 40565.0, 41414.0US […]
Market Analysis – August 6 GBPUSD price has responded to the test of the resistance boundary of the parallel channel on the daily chart. This test has prompted a surge of selling activity, resulting in a decline in price. GBPUSD Key Levels: Demand Levels: 1.2690, 1.2540, 1.2390Supply Levels: 1.2940, 1.3030, 1.3200 GBPUSD Long-Term Trend: Bullish […]
Market Analysis – August 8 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade displayed a strong upward trend in the first half of the year, characterized by a bullish channel until the price reached a peak at 160.50. Recently, however, the market has shifted, […]
Market Analysis – August 8 EURCHF has undergone a substantial price decline, initiating a retracement from its previous bullish trend. The recent retest of the bullish trend line has led to a bearish breakout, establishing a clear downtrend. Since testing the demand zone at 0.9270, the price has begun to rise gradually. EURCHF Key Levels: […]
Sponge price bulls’ pressure SPONGEUSDT Price Analysis – 07 August The bulls are still in the lead, according to the Hull Suite crypto signals indicator. The price will increase as long as it crosses above the $0.000502 and $0.000610 barrier levels. SPONGEUSDT Market Key levels: Resistance levels: $0.000404, $0.000502, $0.000610 Support levels: $0.000262, $0.000196, $0.000136 […]
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Bearish movement could not continue AUDUSD Price Analysis – 07 August If buyers are determined enough to breach the $0.65 barrier, they might be able to bring the price up to about $0.66 or even $0.67. If sellers are successful in pushing the price below the $0.64 support level, prices can fall to the $0.63 […]
Bulls’ momentum may increase in TRON market TRON Price Analysis – 07 August The $0.118 and $0.109 barriers may be overcome by the price of TRON if the selling trend persists below $0.120. If the price stays above $0.124, it can touch $0.128 and $0.131. Key Levels: Resistance levels: $0.124, $0.128, $0.131 Support levels: $0.120, […]
Market Analysis – August 8 The AUDJPY market has experienced a sharp and pronounced decline, with the price plummeting from the 109.40 level. Over the past three weeks, this dramatic drop has amounted to a decrease of over 17.0%, reflecting significant bearish pressure and heightened market volatility. This sharp downturn marks a notable shift from […]
