Price may surpass $24 level SILVER Price Analysis – 28 December Silver’s price may rise and test the $25 and $26 resistance levels if buyers can hold the $23 price level and the $24 resistance level is breached. In the event of significant selling pressure, a lower price breach of the $23 barrier would aim […]
Uniswap market may increase further Uniswap Price Analysis – 28 December The purchasing pressure may completely destroy the resistance levels at $6.8 and $7.2 if it rises beyond the $6.5 level. If sellers are successful in bringing the price below the $5.8 support level, the price levels of $5.4 and $5.1 will be tested. The […]
In a day marked by relative stability, the British pound demonstrated resilience, maintaining its status as one of the strongest currencies of the year. Trading at $1.2732, the pound exhibited a modest 0.07% gain, following a recent peak at $1.2794. Against the euro, it remained steady at 86.79 pence. Over the past three months, the […]
The U.S. dollar grappled with uncertainties on Tuesday following the release of data revealing a more significant slowdown in November’s inflation than anticipated. This development has heightened expectations that the Federal Reserve may consider lowering interest rates in 2024, aligning with its recent dovish stance. The yen, in contrast, maintained its position near a five-month […]
Bulls’ momentum increases further S&P 500 Price Analysis – 26 December The buyers stayed onto the recently established support level, and when the price trend breaks over $4606 and $4723, the S&P 500 hits all-time highs. The S&P 500 can go quickly into the resistance levels of $4813, $4900, and $5000 if the $4723 level […]
NZDUSD Analysis – December 26 NZDUSD sets for a short-term retracement as the market becomes overbought. The general market trend maintains a bullish stance, even in light of the extended overbought signal suggested by the Stochastic Oscillator. Evidently, NZDUSD is approaching the prior peak of $0.64100. Nevertheless, a brief pullback is anticipated as the price […]
Market Analysis – December 26 The AUDJPY market turns bearish as the market ends its bullish trend at 98.600. The market was moving bullishly up until recently. After the price struck the 86.100 support level in March 2023, the bullish swings started from the discount zone. The current downturn started at the end of the […]
Market Analysis – December 25th Nasdaq (NAS100) buyers are eyeing bullish opportunities as the year ends. The buyers in the Nasdaq market may be setting in motion a longer course as we approach the end of the year. This presents a potential opportunity for bullish growth to solidify. Last week, the sellers gained some attention […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY currency pair has dropped considerably as it retests its prior low at 156.00. On December 19, the currency pair corrected higher but was rebuffed at the 21-day simple moving average. The pair is currently retracing to the downside. […]
