Market Analysis- February 15th US30 sellers take the stage as bullish momentum fades. The US30 index market has experienced a slowdown in recent weeks as sellers gradually gain control. While the market has seen some bullish momentum in the past, the sellers are now ready to stage a potential U-turn. US30 Key Levels Resistance Levels: […]
The dollar continued its downward trend on Thursday, influenced by a flurry of economic reports presenting a mixed outlook for the U.S. economy, prompting speculation of potential interest rate cuts by the Federal Reserve. The U.S. dollar index, gauging the currency against a basket of six major counterparts, slid by 0.26% to 104.44. Concurrently, the […]
Uniswap price is increasing Uniswap Price Analysis – 15 February Should the purchasing pressure persist over $7.4, the resistance levels at $7.9 and $8.2 might potentially be destroyed. If sellers can drive the price below the $7.1 support level, the price levels of $6.4 and $5.6 will be tested UNI/USD Market Key Levels: Resistance levels: […]
Market Analysis – February 15th EURCHF bullish trend continues to gain momentum. In the world of forex trading, the EURCHF pair has been making waves with its relentless bullish trend. The pair has been steadily climbing, surpassing key resistance levels, and showing no signs of slowing down. Traders and investors have been closely monitoring this […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY is in an uptrend and trading above the moving average lines as it reaches level 162.00 resistance zone. Since January 19, the Yen has failed to break the resistance level at 162.00. On January 19, 2024, the currency […]
Market Analysis – February 15 NZDUSD reverses its bullish trend and resumes its initial bearish trend. Following a notable peak in mid-July 2023, there was a substantial downturn in price. Despite the shift to a bullish trend in early November, this momentum was ultimately broken, resulting in a continued decline. NZDUSD Key Levels Demand Zones: […]
In 2024, the crypto landscape will experience significant developments that investors should consider. The recent approval of 11 spot bitcoin exchange-traded funds (ETFs) has caused much excitement, but investors are also urged to pay attention to several lesser-discussed trends shaping the crypto market. One significant trend is the regulatory actions taken by the U.S. Securities […]
Japan’s top officials have raised alarms as the yen experienced a sharp decline against the dollar, hitting its lowest level in three months and falling below 150 on Tuesday. As of the time of writing, the USD/JPY forex pair traded at 150.59, recovering mildly from yesterday’s slump. This significant drop comes in the wake of […]
Market Analysis – February 13 AUDJPY consolidation phase lingers as sellers take control. The pair has been experiencing a consolidation phase, with sellers taking control of the market. Despite the start of the new year, the market has yet to gain serious momentum. The pair has been stuck in a ranging phase for several weeks, […]
