Market Analysis – August 29 USOil signals early upside momentum with technical confirmation. The commodity is showing signs of recovery as prices remain steady above the $63.60 moving average, reinforcing a short-term bullish outlook. The RSI, currently around 47.90, reflects improving demand conditions following the recent correction. This blend of momentum and moving average positioning […]
An increase in bulls’ pressure in Sponge market SPONGEUSDT Price Analysis – 01 September 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 could rise above $0.000330 if the bulls keep pushing. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, […]
Buyers are gaining momentum EURUSD Price Analysis – 01 September 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 […]
Bulls are waxing stronger POL (prev.MATIC) Price Analysis – 01 September POL (prev.MATIC) might be able to advance to the $0.31 and $0.34 difficulty levels after overcoming the $0.28 barrier. The market might be able to breach the $0.26 support level and expose itself to the $0.24 and $0.22 levels if sellers can create some […]
USDJPY Price Analysis – September 1 The USDJPY market is firmly locked in consolidation, reflecting deep market indecision. Price action remains confined within a tight, well-defined range, highlighting a stalemate between buyers and sellers. Neither side shows clear conviction, and the market waits for a fundamental catalyst to spark the next move. USDJPY Key Levels […]
Shiba Inu under bears’ pressure Shiba Inu (SHIB) Price Analysis: 31 August The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 mark. The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, […]
More buyers joining Sponge market SPONGEUSDT Price Analysis – 29 August 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 surpass $0.000330 if the bulls continue to push. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: […]
Sellers dominate USDCHF market USDCHF Price Analysis –29 August If the purchasing impulse can sustain over the $0.80 resistance position, the price may move above $0.81 and approach the $0.82 hedging scenario. Merchandisers can still cut the price to $0.76 if they work hard enough to drop it from $0.79 to $0.77. Key Levels: Resistance […]
Market Analysis – August 29 Gold (XAUUSD) consolidates higher with bullish bias across technical indicators. Gold has maintained its upward momentum, with price action trading above the short-term moving average. The MACD (Moving Average Convergence Divergence) reflects bullish convergence, signaling that buyers are gradually regaining control. Market structure continues to support the upside as price […]
