Market Analysis – December 16 AUDJPY signals strong bearish momentum toward key support levels. The AUDJPY pair currently trades below the 9-day SMA at $97.030, indicating a bearish sentiment. The stochastic RSI shows a modest recovery but remains weak, with values at 63.77 and 46.56, suggesting the pair could face selling pressure soon. AUDJPY Key […]
Sellers are prevailing in Silver’s market SILVER Price Analysis – 19 December If the price is greater than $29 and a lot of people are purchasing it, it will attempt to move up into the $30–$31 zone. The price of silver may drop and test the $27 and $26 support levels if sellers are able […]
Double Top chart pattern at $17.9 Uniswap Price Analysis – 19 December In Uniswap market, if buying pressure returns around $16.3, it may break through resistance levels and hit the $17.9 to $19.7 levels. Sellers might attempt to reevaluate the $12.0 and $10.2 levels if they can break through the $13.8 support level UNI/USD Market […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair is correcting upward while remaining in a narrow range above 160.00. The bullish momentum broke above the moving average lines but was halted by the 50-day SMA. The currency price is caught […]
Sponge market in a positive sparking SPONGEUSDT Price Analysis – 18 December SPONGE might be able to breach the $0.000196 resistance level and begin an assault toward the $0.000330 and $0.000402 levels if the Bulls continue to be fervent. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, $0.000006 SPONGEUSDT Medium-term […]
Market Analysis – December 17 The US30 index since hitting a low in late September 2024, has sustained a strong bullish trend, supported by a well-defined ascending trendline. This upward momentum enabled the price to break through several supply zones, showcasing robust buying pressure. The rally peaked at the significant 44919.0 supply level, where a […]
Market Analysis – December 17 The GBPUSD pair has displayed mixed price behavior in recent months, with both bullish and bearish movements. While the short-term outlook is currently bullish due to a retracement, the long-term trend remains firmly bearish. GBPUSD Key Levels Demand Levels: 1.26860, 1.24470, 1.25530Supply Levels: 1.29960, 1.32460, 1.34470 GBPUSD Long-Term Trend: Bearish […]
Market Analysis – December 16 The AUDJPY pair currently trades below the 9-day SMA at $97.030, indicating a bearish sentiment. The stochastic RSI shows a modest recovery but remains weak, with values at 63.77 and 46.56, suggesting the pair could face selling pressure soon. AUDJPY Key Levels Demand Levels: 102.390, 109.370, 115.000Supply Levels: 93.590, 90.120, […]
Market Analysis – December 14 The NZDUSD pair has broken the 0.58840 support level, descending steadily to the next support at 0.57740. This decline featured a sequence of consecutive bearish candles, reflecting a strong downtrend. The market remains firmly bearish, with the potential for further price dips as sellers maintain control. NZDUSD Key Levels Demand […]
