The USD/CAD pair resumed a bearish momentum on Tuesday as the currency pair approached its monthly low of 1.2837. The Canadian dollar could come under additional pressure from the Consumer Price Index (CPI) data release tomorrow as economists expect an increase to 8.4% in June from the 7.7% annual rate recorded in May. Also, worsening […]
NZDUSD Analysis – July 17 NZDUSD bears are driving the market into a major demand zone. For several months, the market has been in a downtrend along the daily timeline. The current downtrend began a few weeks ago due to the breakout below the previous support level at 0.6570. NZDUSD Major Zones Resistance levels: 0.6400, […]
The EUR/USD is focusing on higher value levels while the United States Retail Sales become the result of rising inflation in the economy. Last week, the United States Retail Sales was published at 1%, which is more than the last -0.3%, and anticipated 0fuel The high cost of fuel and food caused a spike in […]
DeFI Coin Price Anticipation – July 17 The DeFI Coin price anticipation affords the market a bullish restart after the coin suddenly spikes downward to its all-time low level. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.13890, $0.12200Demand Zones: $0.10620, $0.08060DEFCUSD has been gradually progressing since it plunged to the $0.10620 significant […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Expectation – July 18 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market expectation is for the price to continue its upward liquidity flow. The coin is undulating upward along an uptrend line, and the market is predicted to […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Expectation – July 15 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market expectation is for the price to grow upward beyond the $0.00086860 major resistance level. The price level has been known to resist the market flow, either […]
GBPJPY Analysis – July 15 GBPJPY resumes the market trend upward from the 157.800 demand zone. The GBPJPY market was trending upward until February 24, 2021, when bulls drove the price past the previous resistance level. Following this breakout, the market’s prices began to struggle between two major levels. GBPJPY Major Levels Resistance Level: 168.430, […]
The Japanese yen (JPY)’s woes continued through the recently concluded week as it weakened further against its major counterparts. This weakness has been the yen’s theme for most of 2022 as the Bank of Japan (BoJ) remains unwilling to adopt a more hawkish stance in the wake of record inflation, like other central banks. Given […]
DeFI Coin Market Expectation – July 15 DeFI Coin market expectation is for the coin to snap out of a seeming sideways movement and gather momentum to violate the descending trend line line. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.12200, $0.13170, $0.13890Demand Zones: $0.10620, $0.11330, $0.11770 DEFCUSD is now on a […]
