Market Analysis -July 18 NZDUSD is currently undergoing a pullback from the resistance level of 0.6390, following a bullish trend that began after a bearish failure swing in early June. This shift in market structure established a favourable bullish trend, with the price surging out of the oversold region. NZDUSD Key Levels Demand Levels: 0.6180, […]
The US dollar took a nosedive over the week, reaching new multi-month lows against its global counterparts. This dramatic downward spiral, combined with a breach of crucial support levels, signals a prevailing bearish sentiment towards the once-mighty greenback. Investors have reacted strongly to the latest jobs report and Consumer Price Index (CPI) data, with an […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY price has retraced above the 153.32 support as it heads toward level 167.00. The currency pair dropped below the moving average lines. In other words, the Yen is higher than the 50-day SMA but lower than the […]
In a bid to regain some lost ground, the US dollar showed signs of recovery on Friday after taking a beating in the past few days. Investors took the opportunity to consolidate their losses before heading into the weekend. However, despite this modest rebound, the dollar’s overall trajectory remains tilted downward, mainly due to the […]
There are more buyers in the SPONGEUSDT market SPONGEUSDT Price Analysis –14 July After breaking above the $0.000224 resistance level, Sponge will rise to the $0.000322 and $0.00042 barrier levels as the upward trend continues. SPONGEUSDT Market Key levels: Resistance levels: $0.000224, $0.000322, $0.000402 Support levels: $0.000092, $0.00004, $0.00002 SPONGEUSDT Long-term Trend: Bullish On the […]
Bulls are dominating BNBUSD market BNBUSD Price Analysis 14 July The $276.5 resistance level can be broken higher, testing the $286.4 and $300.7 resistance levels, if buyers can withstand the $253.8 support level. Binance Coin may drop to its most recent lows of $240.2 and $219.5 if sellers gather further strength before closing below the […]
The Indian rupee is gearing up for a notable surge as market optimism grows with expectations of a potential pause in interest rate hikes by the US Federal Reserve. Traders and investors are closely monitoring the trajectory of inflation in the United States, as it could influence the Fed’s monetary policy decisions in the near […]
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Purchasers are increasing in the SPONGEUSDT market SPONGEUSDT Price Analysis –13 July The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. Sponge will increase to the $0.000322 and $0.00042 barrier levels as the rising trend accelerates after breaking through the $0.000224 resistance level. SPONGEUSDT Market Key levels: Resistance […]
Market Analysis – July 5 The UK 100 bulls have taken control of the market, displaying an expansive stance in recent times. Throughout this month, the bulls have been actively seeking opportunities to reverse the trend of the UK 100 index. UK 100 Key Zones Resistance Zones: 7,727.7, 7,648.80 Support Zones: 7,417.90, 7,252.60 UK 100 […]
