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 […]
More retailers join EURUSD market EURUSD Price Analysis – 11 November If sellers can overcome the support level at $1.06, they might be able to push the price down to the $1.05 and $1.04 barrier levels. If buyers can hold the price over the $1.07 barrier, prices may surge beyond the resistance levels of $1.08 […]
Market Analysis – November 11 GBPJPY recent ascent has hit resistance at the 199.480 supply zone. Sellers have defended this level, forming a double-top pattern, signalling potential bearish reversal pressure. Currently, sellers are working to initiate a reversal from this key zone. GBPJPY Key Levels Demand Levels: 189.610, 184.160, 180.080 Supply Levels: 199.480, 202.100, 207.560 […]
Market Analysis – November 8 The USOil price has been trapped below the resistance level of 72.430 and the support level of 67.970. Currently, the market is showing bearish reversal signs as the price has reached the resistance zone of the market range. USOil Key Levels Demand Levels: 67.970, 62.540, 57.920Supply Levels: 72.430, 78.420, 83.290 […]
Market Analysis – November 8 The FTSE 100 index recently dropped below the significant demand level at 8145.0, following the formation of three distinct falling peaks on the 24-hour timeframe. This technical pattern has intensified bearish momentum, paving the way for potential further declines, with the next key demand level identified at 7918.0. The break […]
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Bulls’ momentum is increasing SPONGE (SPONGEUSDT) Price Analysis – 09 November The resistance levels of $0.000145, $0.000253, and $0.000330 could be the next objectives in Sponge market if the $0.000136 level holds. The $0.000081 and $0.000006 support levels can be examined if the $0.000136 support level is breached below SPONGEUSDT Market Key levels: Resistance levels: […]
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Bulls are gaining more momentum USDCHF Price Analysis – 09 November The price can rise above $0.88 and get closer to the $0.89 barrier levels if the purchasing momentum can hold above the $0.87 resistance level. Sellers have the power to push the price below $0.86 and into the $0.85 and $0.84 areas if they […]
Buyers are gradually taken over BNBUSD Price Analysis: 09 November If buyers can hold onto the $586.5 support level and break above the $606.1 resistance level, they might be able to drive the price to test the $642.3 and $688.3 resistance levels. If BNB can break through the crucial $586.5 barrier, it is anticipated to […]
Market Analysis – November 8 AUDJPY has shown a notable recovery, with buyers finally breaking free after a period of consolidation. The ascent faced resistance at the 100.0520 level, where a bearish order block had held prices back. However, on the 4-hour chart, a bullish breakout is now visible, signaling renewed buyer strength. AUDJPY Key […]
