Market Analysis – May 15 FTSE 100 bullish trend has remained very consistent since April. The Average Directional Index (ADX) has reached 40, revealing a strong trend. The coast appears clear to ride the bullish wave even as the Bull and Bear power indicator reveals the complete domination of the buyers at this season. FTSE […]
Market Analysis – May 15 In April, AUDJPY initiated a breakout from a bullish parallel channel. However, upon encountering resistance at the 105.00 level, a notable price rejection occurred, characterized by a prominent wick above a daily down close candle. Presently, the market has resumed its upward trajectory, surging once again towards the critical supply […]
Market Analysis – May 15 EURCHF has seen limited progress following its resurgence from 0.9560, with the market characterized by small candles above the 0.9700 demand level. Recent days, however, have witnessed heightened volatility as the currency pair approaches the 0.9840 Supply Zone. EURCHF Key Levels Demand Levels: 0.9700, 0.9560, 0.9500 Supply Levels: 0.9840, 1.0000, […]
SPONGEUSDT is increasing SPONGEUSDT Price Analysis – 10 May If the bulls can break above the $0.000455 resistance level, the price might soar as high as $0.000501 and $0.000577, respectively. If the bulls are unable to hold onto their gains and break above the $0.000455 mark, the price of the SPONGEUSDT may suffer a bearish […]
Comprehensive Market Analysis – May 10 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade currency pair is currently demonstrating favorable buying momentum within the market. Notably, there has been a recent breakout from a bullish wedge pattern, offering valuable insights into the price […]
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SPONGEUSDT in the hands of Bulls SPONGEUSDT Price Analysis – 09 May SPONGEUSDT may rise as high as $0.000501 and $0.000577, respectively, if the bulls are successful in breaking above the $0.000455 resistance mark. The price of the cryptocurrency may see a bearish reversal and fall below the support levels of $0.000404, $0.000359, and $0.000307 […]
Buyers’ pressure is increasing in Silver market SILVER Price Analysis – 09 May Should substantial buying activity be observed, a price breach of $28 would aim for the $29–30 region. If sellers can hold the $28 price level and the $27 support level is broken, silver’s price may fall and test the support levels of […]
Market Analysis – May 9 EURCHF remains ensnared below the crucial resistance level of 0.9840, despite recent bullish endeavors. Following an aggressive price crash after an unsuccessful attempt to breach the aforementioned resistance level in April, EURCHF finds itself once more at this critical juncture. However, the price has retraced to a bullish order block […]
Market Analysis – May 8 AUDJPY witnessed a sudden price decline subsequent to reaching the resistance level of 105.00. The presence of a wick on the candle’s body, extending into the supply zone, signified sensitivity and rejection. Subsequently, the market experienced a dip to 100.0, where the price found support, thereby reaffirming its bullish stance. […]
