USDCAD Analysis – August 10 USDCAD market shows signs of the trend change after hitting the supply zone at 1.3230 on the 14th of July, 2022. The overall market order flow has been bullish since June 1, 2021. The bullish market trend was a result of the market rejection at the demand zone of 1.2000. […]
EURCHF Analysis – August 9 EURCHF sellers have regained mastery of the market. They do this by forcing the market into a downward motion from the significant resistance level of 1.04960. A double top reversal pattern was employed to spark a reversal at that resistance level. Hence, the buyers’ influence in the market has since […]
EUR/USD struggle s to sustain beyond the 1.0200 level. However, the bad mood in the market exerted downward pressure on the pair. Energy problems in Europe contribute to the dismal performance of the pair. Nevertheless, the USD lagged for almost 12 hours. Subsequently, this allowed the EUR/USD to record an in-day height of 1.0247. Both […]
DeFI Coin Market Prospect – August 9 The DeFI Coin market prospect is for the market to grow past the next major barriers. This is a result of the bullishness that is prevalent in the market. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels:Supply Zones: $0.147500, $0.164600Demand Zones: $.131700, $0.113300DeFI Coin remains upward abounding as […]
Lucky Block Price Forecast – August 9 The Lucky Block price forecast is for the market to shake off the bearish pressure that is weighing it down and spring upward beyond the $0.0007100 level. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.00071000, $0.00076050, $0.00078000Demand Zones: $0.00056000, $0.00060000, $0.00066610Lucky Block is set to rid […]
The British pound (GBP) is primed for a mild rally against a weaker US dollar (USD) on Tuesday as traders turn their focus to the UK’s interest rates after the Bank of England (BoE) confirmed an additional hike. Deputy Governor of the BoE Dave Ramsden told the press that the bank plans to raise its […]
AUDJPY Analysis – August 8 AUDJPY sellers are opposing the buying tendency across the market. The buying moment across the AUDJPY shows that there has been recent opposition by the sell traders. Traders across the AUDJPY market already expected buying orders to begin to overwhelm the price. However, there have been several pullbacks, holding the […]
DeFI Coin Market Prospect – August 8 The DeFI Coin market prospect is for the market buyers to keep dominating after a strong bullish reversal from the $0.087600 significant level. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.147500, $0.138900Demand Zones: $.131700, $0.113300DeFI Coin is predicted to keep weathering the strong with its strong […]
DeFI Coin Market Prospect – August 7 The DeFI Coin market prospect is for the coin to scale more heights after it successfully breaks out of its descending channel and bypasses the weekly barrier at $0.122000. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.147500, $0.138900Demand Zones: $.131700, $0.113300DEFCUSD bulls are finally finding […]
