Market Analysis – November 27 EURCHF broke below the key support level at 0.93390, confirming its bearish trajectory. After the breakout, the price briefly retraced upward, filling a volume imbalance at 0.93480. This retracement, positioned just above the previous support, was short-lived. The bearish momentum swiftly resumed, and the price began its downward slide once […]
Market Analysis – November 26 GBPUSD has broken below the 1.26110 support level and is now targeting the next demand zone. A retest of the breached level attracted more sellers, reinforcing the bearish momentum. GBPUSD Key Levels Demand: 1.28680, 1.26110, 1.23210Supply: 1.30450, 1.34080, 1.36000 GBPUSD Long-Term Trend: Bearish GBPUSD buyers initially defended the 1.28680 support […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY currency pair has fallen and may continue to tumble to level 156.00. The pair has been on an upward trend since September 17. The bullish momentum broke above the moving average lines, rallying to […]
Market Analysis – November 26 The Nasdaq 100 has reached the critical psychological level of 22,000.0. After hitting this milestone, the index formed a swing high, triggering a corrective pullback. This pullback tested a bullish order block, where the price has now found support and is gradually regaining upward momentum. Nasdaq 100 Key Levels Demand […]
Hong Kong is emerging as a hub for financial crime, according to US lawmakers, who are urging a reassessment of America’s economic ties with the Asian financial center. They warn that Beijing’s tightening control over the city has enabled money laundering, sanctions evasion, and other illicit activities, raising alarms over Hong Kong’s financial sector global […]
Market Analysis —November 26 The NZDUSD pair has decisively broken through the critical support level at 0.58840, a zone that historically held as a demand region for over a year. This level endured multiple tests in November, April, and August, but persistent bearish pressure has finally resulted in a breakdown. NZDUSD Key Levels Demand Levels: […]
Glassnode, a blockchain analytics firm, forecasts a bullish trend for Bitcoin. The cryptocurrency is likely to reach $100,000, though momentum might slow after this milestone. Long-term holders (LTH), a key investor group, are selling for profits. Glassnode’s Spending Binary Indicator tracks their sell-side activity. It shows increased distribution, with asset balances dropping in 11 of […]
SPONGE rises as more bullish candles appeared The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher in Sponge market. Support levels for bears can be found at $0.000136. If the bears push at $0.000081 and $0.000006, there can be more negative movement if the resistance […]
Further increase in S&P price envisaged S&P 500 Price Analysis – 26 November The S&P 500 may increase and divide into the resistance levels of $6014, $6054, and $6095 if the $5877 level holds. If the $5877 support level is breached, the price can test the $5758 and $5667 levels. Key Levels: Resistance levels: $6014, […]
