Market Analysis: June 26 NZDUSD shows signs of resuming its bearish institutional order flow. After trading within a range since March, a bullish breakout in May pushed the price toward a resistance trendline. However, the test of the downward-sloping trendline has resulted in a resumption of the downtrend, as indicated by the Stochastic Oscillator signaling […]
GBPUSD Analysis – Sellers Approach 1.26300 Key Level GBPUSD gives in to bearish pressure. The pair has been feeling the pressure of the bearish market recently, as sellers are now pushing the price back to the key level of 1.26300. This level had been breached just last week, and buyers were optimistic that they could […]
LINK, the native token of Chainlink, has begun to show some signs of strength in the past few hours. These signs of strength can be attributed to the ongoing integration of real-world data into their smart contracts by Defi platforms. Owing to this development, Chainlink’s usage is Increasing vehemently. Consequently, as the ecosystem grows, there […]
US Oil Analysis – Market Consolidates as Sellers Eye Back at the 67.270 Market Level US Oil remains stable above the 68.270 key zone. The prices have been steady, hovering around an old low zone for a while. Since the start of May, the market has remained in a state of consolidation, with prices bouncing […]
There is currently an upswing in the global crypto market, and Chainlink appears to be performing best among other altcoins. This comes after a series of declines over the past few weeks. Fundamentally, there have been optimistic perspectives towards the future performance of LINK in the crypto community. Recently, Daan Crypto, a crypto analyst, suggested […]
Bulls may dominate BNBUSD Coin market soon BNBUSD Price Analysis 23 June Binance Coin may drop to its most recent lows of $219 and $200 if sellers get additional traction before closing below the $240 psychological level. The $276 resistance level can be broken on the upside, testing the $286 resistance level, if buyers can […]
Market Analysis – June 23 USDCAD witnesses a significant breakthrough as sellers successfully breach the crucial demand level of 1.3290. Previously holding firm from November to May, this support level has now been convincingly shattered. Presently, the market finds itself amidst a robust bearish trend, with the bears exerting pressure and posing a potential challenge […]
XAUUSD Analysis – Buyers Struggle to Keep Up With Demand The Gold price plummets as buyers struggle to keep up with selling momentum. After the buyers managed to push prices up to the 2051.810 key zones, it became apparent that the bulls were unable to sustain their strength and began to lose ground with the […]
FTSE Analysis – June 21 FTSE sellers are still set on a bearish course. The FTSE has been caught in the grip of a bearish market as sellers have been dominant in the market. After the start of the month, sellers were able to push the yield from the 7805.10 key level to the 7437.40 […]
