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Sponge Price: Further Increase Anticipated

Sponge Price: Further Increase Anticipated

Bulls are reinforce their momentum SPONGEUSDT Price Analysis – 16 June If the resistance level of $0.000145, followed by the barrier levels of $0.000196 and $0.000330, is broken, the bullish momentum will be reinforced. It might rise above $0.000330 if bulls keep pushing SPONGE. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: […]

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GBPUSD Sustains Momentum While Setting Up for Bullish Continuation

GBPUSD Sustains Momentum While Setting Up for Bullish Continuation

Market Analysis – June 16 GBPUSD continues to sustain its upward momentum while setting the stage for a bullish continuation. The pair maintains a solid bullish structure, trading firmly above the 9-day Simple Moving Average at $1.3550. This consistent positioning highlights a stable uptrend, with momentum indicators like the Stochastic Oscillator displaying strength—currently around 66.71 […]

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NASDAQ100 (NAS100) Faces Strong Rejection From Supply Zone Indicating Imminent Reversal

NAS100 Faces Strong Rejection From Supply Zone Indicating Imminent Reversal

NAS100 Analysis – June 15 NAS100 has encountered strong rejection from the supply zone, signaling a potential reversal. After an extended bullish rally, the index is showing signs of deceleration, with momentum indicators pointing toward possible weakness.The MACD (Moving Average Convergence Divergence) histogram has formed consecutive lower highs, while the MACD line hovers close to […]

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USDCAD Offers Sell-Side Delivery

USDCAD Offers Sell-Side Delivery

Market Analysis – June 16 USDCAD continues to extend its bearish trajectory, maintaining a decisive downward market structure. The ongoing price descent is now approaching the lows established during the last bullish trend—areas typically known to hold significant resting orders and liquidity. USDCAD Key Levels Demand Levels: 1.3400, 1.3850, 1.4000 Supply Levels: 1.4000, 1.4300, 1.4600 […]

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GBPJPY is Yet to Establish a Breakout

GBPJPY is Yet to Establish a Breakout

Market Analysis – June 16 GBPJPY buyers encountered strong resistance around the 198.150 level in the last quarter of the previous year. Following a failed attempt to breach this key resistance, the market shifted direction. More recently, buyers have attempted to reclaim bullish momentum, but a lower resistance has now formed at 195.980. GBPJPY is […]

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