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Sponge (SPONGEUSDT) Price: Bullish Momentum Will be Reinforced

Sponge (SPONGEUSDT) Price: Bullish Momentum Will be Reinforced

Sponge market is growing SPONGEUSDT Price Analysis – 07 June In SPONGE market, 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 may rise above $0.000330 if the bulls keep pushing. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 […]

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USOil (WTI) Faces Sustained Downside Pressure Amid Technical Weakness Signals

USOil (WTI) Faces Sustained Downside Pressure Amid Technical Weakness Signals

Market Analysis – June 6 USOil continues to face persistent downside pressure, with technical indicators pointing toward a bearish trajectory. The MACD (Moving Average Convergence Divergence) histogram remains subdued, and although the MACD line sits slightly above the signal line, the momentum lacks strong bullish conviction. The 9-period Simple Moving Average (SMA-9) is closely aligned […]

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USDCHF Price: Double Bottom Chart Pattern at $0.81 Zone

USDCHF Price: Double Bottom Chart Pattern at $0.81 Zone

Bulls may dominate USDCHF market USDCHF Price Analysis – 06 June If the purchasing impulse can sustain over the $0.82 resistance position, USDCHF may move above $0.83 and approach the $0.84 hedging scenario. Merchandisers can still cut the price below $0.79 if they work hard enough to take it from $0.81 to $0.80. Key Levels: […]

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USDCAD Breaks Below 1.38550 Support Level

USDCAD Breaks Below 1.38550 Support Level

Market Analysis – June 6 USDCAD recorded a failure swing in March after testing the resistance zone at 1.46670. A lower high formed relative to this swing high, signaling early weakness in bullish momentum. This development marked the beginning of a structural shift in market sentiment. The pair has since declined to the 1.38550 support […]

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FTSE 100 Struggles At Resistance Suggesting Looming Bearish Turnaround

FTSE 100 Struggles At Resistance Suggesting Looming Bearish Turnaround

FTSE 100 Analysis – June 4 The FTSE 100 is facing difficulty at resistance, indicating a potential bearish turnaround. Technical indicators suggest a possible shift in sentiment for the FTSE 100 Index. The Relative Strength Index (RSI) is hovering around 63, just below the overbought threshold, indicating a decline in upward momentum. The price is […]

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