DeFI Coin Market Expectation – July 12 The DeFI Coin market expectation is for more buyers to influence the market in an upward direction. This will be an alteration from the current sideways trend. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels:Supply Zones: $0.16460, $0.14750, $0.13170Demand Zones: $0.11770, $0.11330, $0.08760DeFI Coin is on the verge […]
XAU/USD stays pressured yesterday: Tuesday, as it dips to $1,723.2, which is a new depth this year. The money market stays in a risk-off mood during worries of a worldwide recession, while inflation keeps increasing. Consequently, this has caused the US dollar to keep trending upwards, as more investors seek refuge in it. However, a […]
Market Analysis- July 12 EURCHF bears are leading the market to a significant demand zone. The downtrend motive wave began its first impulse on April 25, 2018. Currently, the market appears to be following the Elliot Wave theory, with prices moving in fractals. EURCHF Significant Levels Resistance levels: 1.0520, 1.0220Support levels: 0.9780, 0.9650 EURCHF Long-Term […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD is in a downtrend as it may decline to level 1.1715. The bears have broken below the lower lows of 1.1934 signaling a further downward move. This was a result of rejection at level 1.2400 high. On the upside, […]
AUDJPY Price Analysis- July 11 AUDJPY price momentum ceases as consolidation plays out. The price momentum has been around the 0.00 signal level on the momentum indicator strength. This, however, shows that the market prospect has caused several setbacks. Both prospects have been unwilling to cause a change in the direction of the market’s tendency. […]
NZDUSD Market Analysis- July 9 NZDUSD bears are leading the market towards a major demand zone. The daily timeframe on NZDUSD has been extremely bearish since the beginning of March 2021. The market has been descending through a creek for a few months now. The market keeps maintaining a trendline across its highs. The current […]
GBPJPY Analysis- July 8 GBPJPY resumes the market trend in an upward direction from the 157.800 demand zone. GBPJPY market had been trending in an upward direction until February 24, 2021, when the bulls drove the price beyond the previous resistance level. After this breakout, prices began to struggle between two major levels in the […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis- July 7 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade makes signs of trend change from an upward direction in the market. On the […]
Sterling (GBP) slumped to its lowest point since March 2020 on Tuesday as the US dollar posted an aggressive rebound and as political uncertainty displaced GBP traders. Already under strain from worsening inflation, Brexit tensions, and the risk of a recession, the British economy came under fresh pressure following Boris Johnson’s resignation as prime minister […]
