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EUR/JPY Recovers Above the Level of 170.00

EUR/JPY Recovers Above the Level of 170.00

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY pair rises to a high of 173.90 but falls below the level of 170.00. Buyers were unable to sustain the trend above the 174.00 level, reversing the positive momentum. The bears pulled the pair […]

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NASDAQ100 (NAS100) Faces Rejection As Momentum Weakens Near Key Resistance

NAS100 Faces Rejection As Momentum Weakens Near Key Resistance

NAS100 Analysis – August 3 NAS100 faces rejection as momentum weakens near key resistance. The NAS100 index has entered a corrective phase following an extended bullish rally, with recent price action sharply deviating from its upward trend. The daily candle closed decisively below the 9-day Simple Moving Average (SMA) at $23,240, a crucial short-term support […]

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USOil (WTI) Strongly Rebounds From Bullish Order Block Support

USOil (WTI) Strongly Rebounds From Bullish Order Block Support

Market Analysis – August 1 USOil is strongly rebounding from bullish order block support, with the market showing signs of renewed bullish momentum after a corrective pullback. The 9-day Simple Moving Average (SMA), positioned at $67.20, serves as dynamic support and aligns closely with the current price action, suggesting a potential reversal from the ongoing […]

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Gold (XAUUSD) XAUUSD Is Set For A Positive Recovery

Gold (XAUUSD) XAUUSD Is Set For A Positive Recovery

Market Analysis – July 31 Gold (XAUUSD) is poised for a positive recovery from a key support level. After revisiting the $3,280 support, which has been reinforced by historical demand and an existing order block, gold has recently encountered resistance. The 9-day Simple Moving Average at $3,340 remains above the current price, indicating the potential […]

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Sponge (SPONGEUSDT) Price Is Climbing Higher

Sponge (SPONGEUSDT) Price Is Climbing Higher

Bullish pressure is picking up speed SPONGEUSDT Price Analysis – 04 August When SPONGE breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. If the bulls keep putting pressure on the price, it can rise beyond $0.000330. SPONGEUSDT Market Key levels: Resistance […]

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AUDJPY Uptrend Encounters Resistance

AUDJPY Uptrend Encounters Resistance

Market Analysis – August 1 The AUDJPY market, which had previously established a bullish reversal, faced significant resistance at the 95.4490 level. Buyers leveraged the key support zone near 92.1320 to fuel an upward push, eventually breaking above the initial resistance. Since then, the price has sustained a bullish trajectory but has now encountered a […]

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