Market Analysis – August 25 The FTSE 100 index has been on a consistent upward trend, gaining momentum after finding strong support at the 7917.0 demand level. This bullish push showcased the index’s strength as it climbed toward key resistance areas. However, the upward momentum was halted upon encountering a critical bearish order block at […]
Market Analysis – August 23 The USOil price has shown sensitivity to a downward parallel channel on the daily chart. After testing the channel’s lower boundary, the price has reversed direction, initiating an upward movement. USOil Key Levels Demand Levels: 72.40, 69.30, 67.70 Supply Levels: 80.20, 86.50, 89.80 USOil Long-term Trend: Bearish Before the recent […]
Market Analysis – August 27 NZDUSD is steadily advancing towards the 0.63160 supply zone, driven by strong bullish momentum. This uptrend has emerged from the well-defended demand zone at 0.58980. Recently, the pair established a bullish break of structure, pushing past the previous swing high of 0.6200 and putting the resistance at 0.63160 within reach. […]
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More Individuals Are Buying It SPONGEUSDT Price Analysis –26 August The price is approaching $0.000404, thus there’s a significant probability the bulls will profit even more. As long as SPONGEUSDT stays above the $0.000404 and $0.000502 threshold limits, it will rise. SPONGEUSDT Market Key levels: Resistance levels: $0.000329, $0.000404, $0.000502 Support levels: $0.000262, $0.000196, $0.000136 […]
Bulls’ pressure is decreasing EURUSD Price Analysis –26 August If buyers can break through the resistance level at $1.12, they can push the price higher to the $1.13 and $1.14 barrier levels. If sellers are successful in holding the price below the $1.10 barrier, prices may go below the $1.09 and $1.08 support levels. EUR/USD […]
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Buyers may dominate USDCHF market soon USDCHF Price Analysis – 23 August If the buying momentum can sustain over the $0.85 resistance level, USDCHF can move above $0.86 and approach the $0.87 barrier levels. If sellers exert enough pressure, they can drive the price past $0.84 and into the $0.83 and $0.82 areas. Key Levels: […]
Market Analysis – August 21 The Gold market has reached a significant milestone this week by establishing a new all-time high (ATH), signaling continued strength in the precious metal. After several days of price retracement, the price finally broke through the previous ATH of 2483.80, which was achieved in July. This upward momentum propelled gold […]
Market Analysis – August 21 USDJPY currently finds itself in a correction phase, following a pause in the recent price descent upon reaching the demand level at 142.660. The retracement has displayed lethargic price movement, characteristic of a market correction. Currently, price action is inching towards the supply zone at 151.940. USDJPY Key Levels Demand […]
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Bulls continue to dominate AUDUSD market AUDUSD Price Analysis – 21 August It might be possible for buyers who are persistent enough to overcome the $0.67 barrier to raise the price to roughly $0.68 or even $0.69. AUSUSD may fall to the $0.65 and $0.64 support levels if sellers are successful in pushing the price […]
