Market Analysis – May 21 The AUDJPY currency pair has recently exhibited significant bullish momentum. After a period of price correction, it found support at a discounted level, specifically retracing to the 61.8% Fibonacci level. This level is often considered optimal for identifying potential reversals and support zones. In this case, it has effectively propelled […]
The Livepeer market has been able to maintain an upward path since early May. Although the market has faced rejections along the way, upside forces have quickly overcome such obstacles. Today’s trading activity has recorded an additional price increase of roughly 5%. LPT Statistics: Current LPT Value: $21.91 Livepeer Market Cap: $710,261,473 Livepeer Circulating Supply: […]
Forex markets remained relatively subdued on Tuesday, as major currency pairs showed limited movement within tight ranges. The day saw the US Dollar experiencing a modest uptick, against a backdrop of cautious sentiment prevailing in both Asian and European markets. Despite this, Wall Street managed to eke out modest gains ahead of the anticipated release […]
Bulls’ pressure Breaks up $5265 level S&P 500 Price Analysis – 21 May The bulls have clung to the previously set level as S&P 500 has increased. Last week, a bullish engulfing candle occurred, which caused the price to increase towards $5265 level. The $4968 pricing target was reached. Bulls and bears are currently at […]
Market Analysis – May 21 The NZDUSD pair is displaying a clear bullish trend following the break of the resistance trendline on the daily chart. The market is now poised to target the rich liquidity regions on the sell-side, particularly around the relative equal highs. NZDUSD Key Levels Demand Levels: 0.6000, 0.5860, 0.5770 Supply Levels: […]
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 rebounds from its dip after slipping between the moving averages as it rises. In the preceding price movement, the Yen fell to 164.01 before rebounding. The bullish momentum broke past the 21-day SMA, reaching the previous […]
Bears’ pressure holds in Shiba Inu market Shiba Inu (SHIB) Price Analysis: 19 May SHIB may break below the $0.0000210 and $0.0000189 levels if sellers are successful in driving the price below the $0.0000227 support level. The price of the cryptocurrency may surge over the $0.0000256 level and attempt to test the resistance levels of […]
Market Analysis – May 16 US 30 marked experienced a short-lived downward trend in March. The market has resumed its ascent towards the previous high of 39986.0. The possibility of a pullback to 39017.0 is high as the Stochastic signals an overbought market. US 30 Key Levels Demand Levels: 39017.0, 38560.0, 37238.0 Supply Levels: 39986.0, […]
Market Analysis – May 16 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade capitalized on the confluence zone formed earlier this month to resume its upward trajectory. The region was formed by the intersection of the 151.90 demand level and the bullish trend line. […]
