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 […]
Silver market is heading towards $28 level SILVER Price Analysis – 13 June If there were significant buying activity and the price broke $29, it would try to go into the $30–$31 zone. Silver’s price may drop and test the $27 and $26 support levels if sellers are able to hold the $29 price level […]
Bulls’ momentum is increasing Uniswap Price Analysis – 13 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 $12.4 in Uniswap market. UNI/USD Market […]
Market Analysis – June 13 The AUDJPY pair fluctuated within a parallel channel from December until May. In May, a breakout propelled the price beyond the upper boundary of this channel. Currently, the price has retraced to the resistance border of the channel to find support, suggesting a potential continuation of the uptrend. AUDJPY Key […]
Market Analysis – June 13 Gold (XAUUSD) appears to have lost its bullish momentum, transitioning from a strong uptrend to a consolidation phase. Since April, the price has been oscillating between the upper boundary of 2,430.0 and the lower boundary of 2,280.0. Gold Key Levels Demand Levels: 2,280.0, 2,195.0, 2,074.0 Supply Levels: 2,431.0, 2,500.0, 2,600.0 […]
Market Analysis – June 13 The Nasdaq Composite Index has recently surged past 19,000, signalling a strong bullish trend. Following a decisive breakout above 18,948.0, the upward momentum briefly paused, indicated by two small bearish candles. However, the index has since regained its strength, with larger daily bullish candles propelling it toward the 20,000.0 level. […]
Market Analysis – June 11 The EURCHF market direction has shifted as the price failed to sustain above the demand level of 0.9760. The early indication of a potential reversal was the failure of the bullish trendline to maintain its uptrend. Currently, the price is descending rapidly towards the swing low of 0.9570. EURCHF Key […]
Market Analysis – June 11 NZDUSD recently breached the resistance level at 0.6180, continuing its bullish trend. However, the Stochastic indicator indicated that the price had reached overbought conditions at this resistance zone. As a result, the price has since retraced to the bullish order block above 0.6080. NZDUSD Key Levels Demand Levels: 0.6080, 0.6000, […]
Market Analysis – June 11 US 30 exhibited a bearish trend, marking an impulsive correction within the broader bullish trend in April. However, at the start of May, a failed low on the daily chart signalled the resumption of the uptrend, culminating in a new high that reinforced the bullish outlook. Recently, the market has […]
