Market Analysis – June 17 GBPUSD currency pair is showing signs of a potential bearish reversal after encountering significant resistance on the daily timeframe. The formation of a double top pattern at this resistance level suggests a possible shift in market momentum. Key Technical Levels for GBP/USD:Demand Zones: 1.2890, 1.3140, 1.3200Supply Zones: 1.2680, 1.2450, 1.2300Long-Term […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishFollowing its recent fall, the EUR/JPY has recovered above the 21-day SMA as it approaches level 170.00. In the last fall, the pair fell below the moving average but remained above the 50-day SMA. On the downside, if the […]
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Buyers’ momentum increase SPONGEUSDT Price Analysis – 20 June The breakdown of the dynamic resistance levels will cause the coin to hit the $0.00061 resistance level; additional bull pressure build-up will push the SPONGEUSDT price to levels $0.00077 and $0.00087. Bearish momentum may spread to the $0.00050, $0.00033, and $0.00026 support levels if the price […]
Silver market is increasing towards $30 level SILVER Price Analysis – 20 June Should there be substantial purchasing activity and Silver surpass $30 level, it would attempt to enter the $31–$32 region. If sellers are able to maintain the $30 price level and the $29 support level is broken, silver’s price may fall and test […]
Sellers are dominating Uniswap market Uniswap Price Analysis – 20 June Should sell pressure build up below $9.7, the support levels at $9.0 and $7.9 might be completely demolished. A reexamination of the $13.8 and $15.9 levels may be necessary in response to buyers’ pressure above the resistance level of $12.0. UNI/USD Market Key Levels: […]
Market Analysis – June 14 The FTSE 100 appears poised for a bearish reversal as it struggles to maintain its upward trajectory. The index recently dipped into the demand zone at 8120.0 but failed to rise to the significant high of 8400.0. A second retest of this demand zone has weakened it, increasing the likelihood […]
Market Analysis – June 14 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade market has re-established its bullish trajectory following a recent downturn. The price has surged past the previous swing high of 157.70 on the daily chart, indicating renewed upward momentum. This […]
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Sponge is increasing in strength SPONGEUSDT Price Analysis – 14 June The resistance levels of $0.00077 and $0.00087 will be put to the test if bulls keep pushing the market higher; a moving market will surely see a retreat. The $0.00033 and $0.00026 support levels need to be examined if the $0.00050 barrier is crossed […]
Market Analysis – June 14 The bearish trend in USOil commenced after the bullish order block at 80.00 failed to hold. This led to a reaccumulation phase within the 80.00 to 75.00 range throughout May. The emergence of three black crows following a Judas swing pattern signaled the resumption of the downtrend, confirmed by a […]
