Market Analysis – June 6 EURCHF is experiencing a downward trend, characterized by a bearish parallel channel, which has influenced its price action. The upper boundary of the channel, serving as a resistance level, has been tested, leading to increased short positions during this trading week. EURCHF Key Levels Demand Levels: 0.9640, 0.9550 0.9480 Supply […]
Market Analysis – June 7 FTSE 100 has experienced a price surge from the bullish order block on the 7450 support zone. The price is rapidly soaring to the next resistance level of 7219.0 FTSE 100 Key Levels Demand Zones: 7450.0, 7330.0, 7203.0Supply Zones: 7719.0, 7805.0, 7937.0 FTSE 100 Long-Term Trend: Bearish A bearish reversal […]
The recent price action of TRX indicates that investors are becoming keenly interested in the native token. Recently, TRX experienced a sudden surge of about 10% in its price. This sudden surge can be attributed to the BitTorrent Bridge platform that was just launched. According to the founder of TRON, Justin Sun, the major reason […]
Market Analysis- June 6 US 30 has declined steadily in a falling wedge. The buyers utilized the demand level of 32751.0 to engineer a price surge, which halted the bearish correction phase. US 30 Significant Levels Demand Levels: 32751.0, 31718.0, 31250.0Supply Levels: 33438.0, 34228.0, 34628.0 US 30 Long-Term Trend: Bullish The US 30 market took […]
In working with some financial institutions, Chainlink and Swift have made a significant step. This collaboration’s goal was to investigate how to link to various blockchain networks. The ability of major financial institutions to use Swift’s infrastructure for transferring tokenized assets between blockchains is now being tested. Sergey Nazarov, the co-founder of Chainlink, believes that […]
Quant Price Forecast: June 6 The Quant price forecast is for the market to persist in its upward movement after a slight pullback. Quant Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $117.60, $149.60, $167.10 Zones of Demand: $107.40, $96.90, $87.60 Quant market bearishness ended abruptly after it hit the $96.90 demand zone. […]
Market Analysis – June 6 AUDJPY made a significant leap from the demand level at 94.40 to reach relatively equal highs at 92.400. The bullish order flow in AUDJPY is expected to persist as the price surpasses the resistance level at 92.400. AUDJPY Key levels Resistance Levels: 92.400, 93.000 Support Levels: 90.400, 89.800, 89.160 AUDJPY […]
Market Analysis – June 4 NZDUSD has recently broken free from a consolidation phase. During the months of March and April, the Moving Averages (periods nine and twenty-one) exhibited sideways movement on the body of the daily candles, indicating a lack of clear direction during that period. NZDUSD Key Levels Demand levels: 0.6150, 0.6080, 0.5970 […]
Quant Price Forecast: June 4 The Quant price forecast is for the market to resume its upward charge after the cure period of stalling. Quant Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $117.60, $149.60, $167.10 Zones of Demand: $107.40, $96.90, $87.60 Since November, last year, the Quant market is perambulating above the […]
