Uniswap may continue a bearish trend to $5.3 level Uniswap Price Analysis – 17 August The $5.7 and $6.1 resistance levels could be broken if there is adequate buying pressure to move past the $5.4 resistance level. The price levels of $5.1 and $4.9 will be tested if sellers are able to push the price […]
Market Analysis – August 16 EURCHF has exhibited a bullish trajectory within the shorter 4-hour timeframe, albeit contrary to the prevailing higher daily timeframe trend. This upward movement is poised to encounter impediments due to encountering a resistance level. EURCHF Key Levels: Demand Levels: 0.9550, 0.9370, 0.9300 Supply Levels: 0.9650, 0.9730, 0.9840 Long-Term Trend for […]
The British pound has embarked on a positive trajectory and is poised to achieve its most substantial one-day gain in almost two weeks. This surge comes on the back of impressive core inflation data for July. Core inflation in the UK, excluding the volatile elements of energy and food prices, has remained impressively steady, maintaining […]
Market Analysis – August 15th US 30 sellers eye a price reversal as buyers are getting shut out. The buyers had been exerting bullish pressure earlier on. But they paused their momentum after reaching above the 35012.60 market level. Throughout this month, the money flow has been stuck in consolidation. The price has been consolidating […]
Market Analysis – August 14 Nasdaq 100 (NAS100) continues to drift lower as the bears keep getting stronger. The sellers are attempting to reverse the previous bullish trend that persisted for quite some time. This negative trend started at the beginning of this month. The bears are still causing an impact. They have managed to […]
Market Analysis – August 14th GBPUSD needs a solid push for a breakout. This currency pair requires a fresh surge of momentum to make a statement. This could be in favor of the bulls or the bears. Recently, the buyers have lost some of their drive, but they’re still eager to make their mark in […]
Market Analysis: August 15 The AUDJPY currency pair is presently undergoing a corrective phase as observed on the daily chart. The price trajectory was guided higher by Moving Averages until a bearish market shift became evident in July. These events underscore the rapid shift in market sentiment. Key Levels For AUDJPY Demand Levels: 94.10, 95.80, […]
The Russian ruble grappled with a seesaw of gains and losses on Tuesday as the nation’s central bank executed a surprise maneuver to counter the currency’s freefall. The central bank’s unexpected decision to hike interest rates by a substantial 350 basis points, pushing them to an eye-catching 12%, unfolded as a strategic move to rein […]
Market Analysis – August 15 The NZDUSD currency pair has been in a consistent phase of decline, with this downward movement persisting on the daily chart. Notably, a bearish breakout occurred in late July, indicating a significant shift in market sentiment. The decline gained further momentum as the previously supportive bullish order-block at 0.6200 was […]
