Market Analysis – August 13 The EURCHF currency pair began the year with a double-bottom reversal pattern, leading to a bullish trend. This trend was evident as daily candles consistently positioned above the 50-period and 80-period Moving Averages. Currently, the market is undergoing a retracement within the well-established downward trend. EURCHF Key Levels Demand Levels: […]
Market Analysis – August 13 The AUDJPY currency pair has experienced a steady upward trajectory with a gradual incline since April. Throughout this period, trading volume remained consistent with minimal daily fluctuations. However, the market downturn in July triggered a notable increase in trading volume, which has now begun to normalize as the current correction […]
Market Analysis – August 12 The NZDUSD price has surged from the demand level of 0.5860 to challenge the significant resistance zone at 0.6030. This ascent has been supported by a test of the bullish trendline at 0.5860. Key Levels for NZDUSD Demand Levels: 0.5860, 0.5770, 0.5520 Supply Levels: 0.6200, 0.6320, 0.6500 NZDUSD Long-Term Trend: […]
Bulls’ pressure is consistence SPONGEUSDT Price Analysis –12 August The price is getting close to $0.000404, thus there’s a good probability the bulls will make even more money. The price will climb as long as it remains above the $0.000502 and $0.000610 barrier levels SPONGEUSDT Market Key levels: Resistance levels: $0.000404, $0.000502, $0.000610 Support levels: […]
Bulls are exerting more pressure EURUSD Price Analysis –12 August If buyers are able to overcome the resistance level at $1.10, they can push the price higher to the $1.11 and $1.12 barrier levels. If sellers are successful in holding the price below the $1.09 barrier, prices may go below the $1.08 and $1.07 support […]
An increase in Bulls’ momentum envisaged Polygon (POL) Price Analysis – 05 August Polygon Ecosystem Token may be able to advance to the $0.30 and $0.25 difficulty levels after surpassing the $0.35 barrier. The market might be able to overcome the $0.43 resistance level and expose itself to the $0.47 and $0.52 levels if buyers […]
Market Analysis – August 8 USOil market has recently confirmed a significant bearish break of structure, signaling an advantage for sellers. The price dropped below the previous swing low of 72.40, reinforcing the ongoing downward trend. This move highlights the continued strength of bearish sentiment in the market. Key Levels for USOil Demand Levels: 72.40, […]
Market Analysis – August 8 The Gold market has transitioned from a consolidation phase marked by narrow daily candle ranges to a period of pronounced impulsive movement during March and April. However, the bullish momentum has since diminished, preventing prices from consistently achieving higher highs. Key Levels for Gold Demand Levels: 2356.0, 2296.0, 2223.0 Supply […]
.84 Support Level" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/08/4-hours-26-395x177.png"/>
Bulls are dominating USDCHF market USDCHF Price Analysis – 09 August If the buying momentum can sustain over the $0.87 resistance level, the price can move above $0.88 and approach the $0.89 barrier levels. If sellers exert enough pressure, they can drive the price past $0.86 and into the $0.85 and $0.84 zones. USDCHF Market […]
