EURCHF Market Analysis – July 20 EURCHF makes signs of trend change in the market. The daily timeframe on EURCHF has been extremely bearish ever since it broke the previous support level at 1.0520 on the 15th of November 2021. Ever since this breakout, the Moving Average (MA) Cross indicated that the market has been […]
AUDJPY Price Analysis: July 17 AUDJPY buyers have more prospects to swing price to 96.740 key level. However, this is due to buyers’ ability to currently influence the overall price tendency. After several bearish scenes, the buy traders have staged up the market action to project back to the 96.740 key zone. The daily chart […]
EUR/USD was sold and bought under the 1.0200 price level. This happened even though the request for USD declined. ECB (European Central Bank) increased the interest rate by 50 bps but emphasized the development and inflation worries. EUR/USD boosted towards its every week height, following the announcement of a rate increase by the ECB. Furthermore, […]
DeFI Coin Price Anticipation – July 21 The DeFI Coin price anticipation is for the market to rally upward after it pulls back to the $0.08760 support level. The coin is expected to gather momentum to launch an assault on $0.106200 and its descending trendline. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: […]
The Russian ruble slumped against the dollar in a volatile session on Thursday, with the USD/RUB tapping the 58.00 top. This comes ahead of the central bank of Russia’s interest rate decision on Friday. Forecasts expect the bank to bring its rates down by 50 basis points (bps) to 9%. As of the North American […]
DeFI Coin Price Anticipation – July 20 The DeFI Coin price anticipation is for the market to continue recovering from its bearish blow on the 17th of July. The price continues to rise after breaking through $0.087600. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.106200, $0.122000Demand Zones: $0.080590, $0.087600DEFCUSD is set about […]
EUR/USDis hovering around the 1.02220 price level, following its getting to 1.0268 in a day. Predictions that the ECB (European Central Bank) might become less traditionalist combined with other news to affect the Eurozone. This propelled EUR as the USD lags. Chatters proposed that the ECB members may price in a rate increase of 25 […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has continued its downward move as it may extend to the low of 1.1708. On July 11, the currency pair declined to the low of 1.17597 and pulled back. Meanwhile, on May 9 downtrend; a retraced candle body tested […]
SNXUSD Market Analysis – Market Experiences a Change of Direction on SNXUSD SNXUSD experiences a market direction change with the current structural shift in the market. A bullish reversal is currently playing out on the daily timeframe. SNXUSD Key Zones Supply Zones: $8.2100, $0.6010, $3.740.Demand Zones: $1.480, $2.310, $3.710. SNXUSD market experienced a market reversal […]
