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US 30 Breaks Out to a New All-Time High

US 30 Breaks Out to a New All-Time High

Market Analysis – November 12 The US 30 index has maintained a bullish trajectory within a parallel channel, displaying heightened sensitivity around the channel’s lower boundary. A recent test of this support level sparked a strong rally, propelling the index to a new all-time high. US 30 Key Levels Demand Levels: 42,357.00, 40,915.00, 39,525.00Supply Levels: […]

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SPONGE (SPONGEUSDT) Price: More Bullish Movement Envisaged

SPONGE (SPONGEUSDT) Price: More Bullish Movement Envisaged

Price levels of $0.000330 may be tested If the $0.000196 resistance level is broken upward, SPONGEUSDT levels of $0.000330 and $0.000402 may be tested. Bears may find support levels around $0.000136, $0.000081, and $0.000006 if the resistance level of $0.000196 persists. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, $0.000006 […]

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GBPUSD Dives Below Major Supporting Trendline

GBPUSD Dives Below Major Supporting Trendline

Market Analysis – November 12 The GBPUSD market entered a consolidation phase from December to March, signaling potential accumulation. A subsequent manipulation phase saw prices dive to the 1.22610 support level. This was followed by a distribution phase, with a strong bullish rally pushing the pair up to 1.34140. However, recent price action shows early […]

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Nasdaq 100 (NAS 100) Experiences Bullish Breakout

Nvidia Boost Propels Render Token to New Bullish Levels Nvidia boost propels render token to new bullish levels. Render Token (RENDER) has seen bullish momentum amid growth in the AI and blockchain sectors, fuelled by Nvidia’s rise as the most valuable publicly traded company. Nvidia, known for its cutting-edge AI GPUs, recently overtook Apple in market […]

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USDJPY Maintains Bullish Structure Amidst Bearish Resistance

USDJPY Maintains Bullish Structure Amidst Bearish Resistance

Market Analysis – November 12 USDJPY turned bullish in October after breaking above the 144.500 level and breaching a bearish trendline anchored by swing highs from August and September. Since this reversal, the market structure has maintained a pattern of higher highs and higher lows, reflecting sustained bullish momentum. USDJPY Key Levels Demand Levels: 149.410, […]

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NZDUSD Stalls at 0.59890 Key Level

NZDUSD Stalls at 0.59890 Key Level

Market Analysis – November 12 NZDUSD initiated the current downtrend at the 0.63770 swing high and has now paused at a crucial price level. Market participants are currently vying for control at this zone, causing a temporary stall in the descent. NZDUSD Key Levels Demand Levels: 0.59890, 0.58700, 0.58020 Supply Levels: 0.61310, 0.62160, 0.67330 NZDUSD […]

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