EURCHF Analysis – October 11 EURCHF enters into a ranging phase as the market’s buyers are trying to gather momentum to rise out of a depressed state. The buyers have been ineffective in stopping the currency pair from plunging to a record low. However, since the sellers are taking a breather, the buyers are utilizing […]
USDJPY Analysis – October 13 USDJPY buyers drives the market into an overbought region. As indicated by the Relative Strength Index (RSI), USDJPY is currently overbought and a retracement is probable. The ranging market was broken on the 11th of March, 2022. After that, the Japanese yen became weaker than the US dollar. Market Significant […]
The Boring Company, Elon Musk’s underground tunnelling company, has broadened its scope with the launch of its own perfume. The company has announced to their potential customers that they could make payments for their new product with Dogecoin. DOGEUSD rose by 3% after the announcement was made known via Twitter. Elon Musk’s recent involvement with […]
USDCAD Analysis – October 12 USDCAD buyers remain dominant as the market rallies upward. The overall trend became bullish after the two-year low was reached at 1.20129. Before that, the market had been gyrating within a descending channel. This descending channel began its course in December 2020. USDCAD Major Zones Demand Zones: 1.3500, 1.3220Supply Zones: […]
AUDJPY Analysis- October 10 AUDJPY driving force is trading lower in the market, and the sellers are the ones in charge of the wheel. The bears are subjecting the price at the moment to a downtrend after going awry upon the price’s arrival at the 96.100 significant zone. The sellers are therefore aiming to cause […]
DeFI Coin Price Forecast: October 10 The DeFi Coin price forecast the coin price is being set up to break out of the symmetrical triangle after retesting the bullish trendline on which it has been threading for a while now. DEFCUSD Long-Term Trend: Bullish (1-Hour Chart) Significant Levels: Supply zone: $0.07660, $0.07200Demand zone: $0.7570, $0.07060 […]
DeFI Coin Price Forecast: October 9 The DeFi Coin forecast price of the cryptocurrency is geared to break into the upper supply-demand zone at $0.07380. The price retest at $0.07200 has generated enough buying momentum for the price to make a re-entry into this zone. DEFCUSD Long-Term Trend: Bullish (1-Hour Chart) Significant Levels: Supply zone: […]
Solana has announced the launch of a new project, Mesh. It is a program especially made for decentralized autonomous organizations (DAOs). They aim to make it part of the Squads MultiSig Program Library. As a result of this development, SOL is likely to achieve a 12 per cent rise. The SOL price will only need […]
NZDUSD Analysis – October 9 NZDUSD sellers continue the market trend to the downside. On the 5th of April, 2022, the market began to sink downward at the daily bearish order block. This daily bearish order block was formed on November 18, 2022. Ever since the rejection at the daily bearish order block, the market […]
