AUDJPY Analysis – November 28 AUDJPY slows down in its pace as the price is still ready for expansion. The current show on the AUDJPY gives us a clear appearance of price structure in the accumulation stage. The active traders are out of place, and this is a good time for prices to consolidate. The […]
NZDUSD Analysis – November 27 NZDUSD finally enters an oversold region according to the Relative Strength Index (RSI). However, before the time price entered the oversold region, the market was typically bullish in the current impulse leg. NZDUSD Significant Zones Demand Zones: 0.5870, 0.5510Supply Zones: 0.6470, 0.7030 NZDUSD Long-term Trend: Bearish The Moving Average indicator […]
GBPJPY Analysis – November 25 GBPJPY bulls have taken matters into their own hands by abruptly stopping the market’s downtrend at 164.120. The price is now rising aggressively with consecutive bullish candlesticks. The resistance at 168.720 is now under intense scrutiny as the market comes back to test it. The rallying force of the price […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot (DOT) price is falling but hovers above the $5.34 low. The current fall is a sign that a downtrend has resumed. It is expected that the range-bound levels between $5.34 and $6.17 will be broken. On November 22, sellers […]
Ethereum ETH) Current StatisticsThe current price: $1,196.02Market Capitalization: $146,356,948,737Trading Volume: $146,356,948,737Major supply zones: $2,500, $3,000, $3,500Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis November 25, 2022 Ethereum (ETH) price is in a decline but struggles below $1,200. Ether has been fluctuating within a small range between $1,071 and $1,350. The upward corrective was […]
USDJPY Analysis – November 24 USDJPY buyers prepare for entry around the diagonal support. Amidst the USDJPY buyers’ dominance in the market, the USDJPY sellers were successfully able to find a proper entry at a major level in the market. However, the bearish season seems to be coming to an end as the price approaches […]
USDCAD Analysis – November 23 USDCAD heads toward the diagonal support. The US dollar has been losing value against the Canadian dollar since the rejection at the resistance level of 1.3980. Following each break of structure in the downtrend, more bears storm the market with their sell orders. USDCAD Significant Zones Demand Zones: 1.3220, 1.2400Supply […]
Ethereum ETH) Current StatisticsThe current price: $1,201.16Market Capitalization: $147,028,924,260Trading Volume: $11,213,687,397Major supply zones: $2,500, $3,000, $3,500Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis November 22, 2022 Ethereum (ETH) price is making an upward correction but may face rejection at the $1,350 high. As of right now, Ether’s price has been ranging between $1,070 […]
EURCHF Analysis – November 22 EURCHF is contending with the 0.98360 supply level to make a further upward movement. Though the price has been bullish in recent times, however, the strength of the buyers has waned, and the currency has now hit a blocker at the 0.98360 supply zone. Currently, the price has fallen below […]
