With stocks not performing well globally, it could be seen that the Japan 225 is shaping that way as well. This has brought the futures to retreat below some key technical levels at the close of the week’s trading. Key Levels Resistance: 51,000, 52,000, 53,000 Support: 49,000, 48,000, 46,000 Japan 225 Crosses Into Bearish Territory […]
The general sentiment in the global stock market hasn’t eluded the Australia 200 market. This caused a dip in the Australia 200 market at the close of the week’s trading. Despite this, this market remains above critical technical levels. Key Price Levels Resistance: 8,700, 8,750, 9,000 Support: 8,600, 8,500, 8,400 Australia 200 Market Sustains Above […]
The CFTC Disaggregated Commitment data has helped to reveal the reason behind the sudden price surge. It could be seen that Platinum has attracted some buying. Let’s try to find out more from its price action below. Key Price Levels Resistance: $1,800, $1,850, $1,900 Support: $1,750, $1,700, $1,650 Platinum Pumps at the Close of the […]
Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price continues to trade sideways as it resumes its fall below $2.00. The cryptocurrency asset has been compelled to trade above the $2.00 support level but below the 21-day SMA barrier. Buyers were unable to continue the bullish momentum above the 21-day SMA barrier, resulting in a […]
Chainlink (LINK) is drawing fresh bullish interest after the Depository Trust & Clearing Corporation confirmed it will base its next-generation settlement framework on Chainlink’s interoperability stack. The DTCC had already tried Chainlink’s cross-chain system in its Smart NAV initiative, where fund valuation data was distributed across several blockchains in a controlled industry setting. That pilot […]
Market Analysis – December 12 The GBP/JPY market has made notable progress between last week and this week, largely due to the continued weakness of the Japanese yen. However, toward the end of the week, the market began consolidating above 208. This may be linked to a potential intervention by the Bank of Japan (BoJ) […]
EUR/JPY Significant Levels Resistance Levels: 183.50, 186.00, and 188.50 Support Levels: 180.00, 177.50, and 175.00 EUR/JPY Price Long-term Trend: Bullish Price activity in the EURJPY market is keeping to its long-established upside trajectory. In fact, the market has even edged past the 182 threshold and still seems ready to keep going. Both the euro and […]
Market Analysis – December 12 USD/JPY appears to be caught in a horizontal trend around 155, following an impressive upward performance that began in October. Since then, the price has surged consistently, pushing into the 155–158 price channel. The pair is clearly encountering resistance within this zone. From a macroeconomic perspective, the movement may be […]
The XDC Network coin has been able to register some noticeable price moves as of the time of writing. The coin gained by 4.14%, and it seems it has brought the coin to some notable height. Let’s get into more details about the market below. XDC Statistics Current Price: $0.05037 Market Capitalization: $936.69M Circulating Supply: […]
