Market Analysis – Tuesday, April 23 Gold has exhibited remarkable performance throughout the year, with its price showing consistent upward movement. However, recent market dynamics have prompted a dip in its value, prompting a search for support to bolster buying sentiment. Key Levels for Gold: Demand Levels: 2074.30, 1975.80, 1813.50Supply Levels: 2431.30, 2400.00, 2500.00 Long-Term […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair continues its upward trend as it surpasses the obstacle at 165.00. During the previous price movement, purchasers attempted twice but failed to keep the price above the overhead barrier. Following the rejection, the Yen fell below […]
Lucky Block Price Forecast: April 23 The Lucky Block price forecast is for the market to sustain its upward trajectory, supported by ongoing bullish activities. LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart) Key Levels: Supply Zones: $0.0000470, $0.0000600 Demand Zones:$0.0000360, $0.0000260 Lucky Block has finally risen off the $0.0000260 support level and keeps gradually making headway. […]
Market Analysis – April 22 The AUDJPY pair has demonstrated a persistent bullish trajectory since December, characterized by successive swing lows yielding higher swing highs, thereby establishing a coherent bullish market structure. Notably, on Friday, a Pinocchio bar marked a retest of the demand level situated at 97.270. Towards the end of the trading session, […]
Market Analysis: April 22 The NZDUSD currency pair continues to maintain a distinctly bearish trajectory, a trend that has persisted since the outset of the year. The bears have firmly asserted dominance over the market, leveraging the formidable resistance barrier at 0.6390 to fortify their position. The definitive shift towards bearish sentiment was underscored by […]
Market Analysis – April 18th USOil sellers pull back as bulls remain shut out. The recent disintegration of the USOil price has sent shockwaves through the industry, as sellers pull back and the bulls find themselves shut out. This sudden shift in market dynamics has left investors and traders on edge, uncertain of what lies […]
USDJPY Analysis – April 19 The USDJPY pair has emerged as a notable contender, exhibiting a remarkable surge in price throughout the year. This unyielding bullish momentum has proven to be a defining characteristic, with each pullback met by resolute upward thrusts, underscoring the strength of buyer sentiment in the market. Notably, recent developments have […]
EURCHF Analysis – April 19 EURCHF encountered substantial selling pressure at the resistance zone of 0.98420, culminating in a pivotal moment for market dynamics. Despite a sustained rally since the year’s inception, buyers faltered in breaching the supply zone, marking a significant shift in sentiment. EURCHF Key Levels Demand Levels: 0.9680, 0.9479 Supply Levels: 0.9840, […]
Market Analysis – April 17th FTSE100 falls back to the 7787.00 price level. At the moment, the FTSE100 is experiencing a setback, with the price falling back to the 7787.00 level. The sellers are currently attempting to break through this market barrier and push the price even lower. Looking back at the past few days, […]
