Bulls’ momentum is increasing SPONGEUSDT Price Analysis – 11 August The bullish momentum will be strengthened if the resistance level of $0.000145 is broken, followed by the barrier levels of $0.000196 and $0.000330. It might surpass $0.000330 if the bulls continue to push. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: $0.000081, […]
Market Analysis – August 11 GBPJPY has reached a critical juncture, reacting to a resistance level of 199.720, a price point first encountered at the inception of July. Despite several days of concerted effort to breach this level, the attempted breakout ultimately failed, causing the price to plummet below the last swing low. Nevertheless, buyers […]
Price may fall further EURUSD Price Analysis – 11 August If buyers can break through the resistance level at $1.17, they might be able to push the price up to the $1.18 and $1.19 barrier levels. Prices may go below the $1.15 and $1.14 support levels if sellers are able to keep the price below […]
Buyers are exerting more pressure POL (prev.MATIC) Price Analysis – 11 August POL (prev.MATIC) may be able to advance to the $0.26 and $0.34 difficulty levels after overcoming the $0.24 barrier. The market might be able to breach the $0.22 support level and expose itself to the $0.19 and $0.16 levels if sellers can create […]
Market Analysis – August 11 GBPUSD continues to face extended downside risk, with the daily chart showing the pair under persistent bearish pressure. Recent trading activity remains below the short-term 9-day Simple Moving Average (SMA) at $1.33320, reinforcing the prevailing negative bias. Although the RSI has rebounded to 53.86, signaling some short-term recovery momentum, the […]
NAS100 Analysis – August 10 NAS100 continues to maintain uptrend momentum, supported by strong technical confirmation. The index preserves its bullish structure as price action aligns with key technical indicators. The daily close above the 9-day SMA, currently around $23,280, reinforces prevailing market strength and consistent buyer interest. MACD readings remain positive, with the histogram […]
Market Analysis – August 7 Gold (XAUUSD) continues to signal sustained upward momentum, with price trading above the 9-day SMA, confirming short-term bullish strength. MACD readings remain positive, with the MACD line positioned above the signal line, indicating growing buying pressure. On the daily chart, price action maintains a bullish bias, forming a sequence of […]
Market Analysis – August 8 USOil is experiencing renewed buying pressure from the key demand zone at $65.30. The commodity has shifted toward a bullish bias after testing a significant order block near the $63.00 region. On the daily chart, price action signals a potential reversal as it attempts to stabilize above this demand area. […]
FTSE 100 Analysis – August 6 The FTSE 100 sustains its bullish momentum with upward structural integrity. The FTSE 100 Index continues to display a clear bullish bias, with price action holding above the 9-day SMA at approximately $9,120. The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, indicating sustained upward momentum despite […]
