Bulls may continue dominating S&P 500 market S&P 500 Price Analysis – 07 February The S&P 500 may breach the $4169 resistance level if buying pressure increases, and more buying pressure could push the price up to the $4276 and $4286 levels. If the $4169 resistance level is held, the price could reverse and fall […]
Market Analysis – February 5 GBPJPY is currently moving to and fro within the same key levels. The market is stuck between the 160.80 resistance level and the 156.50 support level. GBPJPY key levels Supply Levels: 160.80, 165.50, 168.00 Demand Level: 156.00, 150.00, 146.90 GBPJPY Long-term Trend: Ranging The GBPJPY market is showing a second […]
Sellers may take over Cardano market soon ADA Price Analysis – 07 February Cardano may drop to the $0.37, $0.34, and $0.33 support levels if the sellers defend the $0.40 resistance level. Buyers might grow more enthusiastic if the price moves up above $0.41, and $0.44 once the $0.40 resistance level is broken. ADA/USD Market […]
Market Analysis – February 2 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade descent has been well organized on the daily timeframe. Each lower high has prompted new bearish displacements from 150.00 to 127.50. USDJPY – Guide, Tips & Insights | Learn 2 […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is trading in a bullish trend as it faces rejection at level 142.84. The Yen has broken through the resistance at level 142.00, although the positive impetus was short-lived. Since December 28, the resistance at levels 142.00 […]
Ethereum ETH) Current StatisticsThe current price: $1,623.23Market Capitalization: $198,290,925,825Trading Volume: $6,929,756,247Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis February 6, 2023 Ethereum (ETH) is in a bullish trend as buyers recoup above $1,600. There is a propensity for additional higher movement of Ether as it retraces and finds […]
Bearish momentum increases in EURUSD market EURUSD Price Analysis – 06 February EURUSD may drop to the $1.06, and $1.05 support levels if the Bulls are unable to break past the $1.09 resistance level. Price can jump through the $1.09 resistance level and reach the $1.10 and $1.11 levels if buyers apply more pressure. EUR/USD […]
Bears may take over Polygon Market Polygon (MATICUSD) Price Analysis – 06 February Polygon can advance past the $1.31 resistance level and be exposed to the $1.40 and $1.49 levels when the bulls’ momentum takes up even more oomph. If sellers are successful in discouraging buyers at the $1.31 resistance level, Polygon may decline and […]
Market Analysis – February 1st USDCAD market structure remains bearish since the trend reversal at 1.390. The market is descending in a parallel channel on the daily chart. USDCAD Key Levels Resistance Level: 1.3200, 1.3900, 1.4200 Support Level: 1.2900, 1.2700, 1.2500 USDCAD Long-term Trend: Bearish The bullish trendline aided the bulls’ engagement to fill buy […]
