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Buyers are pushing higher AUDUSD Price Analysis – 07 May The price may be increased to roughly $0.66 or even $0.67 if buyers are willing to pay more than the $0.65 hedge. Prices may fall to the $0.63 and $0.62 support levels if sellers are able to drive the market below the $0.64 support position. […]
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Bulls’ momentum is increasing TRON Price Analysis – 07 May If the buying trend continues over $0.26, the price of TRON might be poised to break through the $0.27 and $0.30 barriers. If the price stays below $0.25, it can approach the $0.23 and $0.21 scripts. Key Levels: Resistance levels: $0.26, $0.27, $0.30 Support levels: […]
US30 Analysis – May 6 US30 faces strong resistance at a crucial price zone. Technical indicators for the Dow Jones Industrial Average suggest potential upcoming weakness. After attempting to break above the $41,750 level, the price has failed to maintain momentum above this barrier. The 9-day simple moving average, positioned near $40,500, continues to trend […]
Market Analysis – May 6 AUDJPY broke out of a descending triangle on the daily charts. Price now retraces toward the broken descending triangle. The pullback tests the former descending trendline of the triangle as a potential resistance. AUDJPY Key Levels Demand Levels: 90.00, 87.40, 83.90 Supply Levels: 95.30, 98.30, 101.40 AUDJPY Long-Term Trend: Bearish […]
More purchasers are joining market SPONGEUSDT Price Analysis – 06 May When the price 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. Should the bulls keep pushing, the price might rise above $0.000330. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, […]
Market Analysis – May 5 GBPUSD shows strength as buyers eye higher levels ahead. The 9-day Simple Moving Average (SMA) at $1.33200 is currently acting as dynamic resistance after previously serving as support, while the Relative Strength Index (RSI) at 57.79 remains above the neutral 50 line, signaling that bullish momentum persists. The RSI’s recent […]
Market Analysis – May 6 The NZDUSD pair is showing encouraging signs of a bullish continuation, following a decisive recovery from its recent decline. After plunging to the key demand level at 0.5550, the pair staged a sharp bullish reversal, signalling a renewed buying interest in the market. Although momentum briefly waned after the initial […]
S&P 500 under Bulls’ control S&P 500 Price Analysis – 06 May If the $5590 position holds, the S&P 500 can increase and reach the resistance levels of $5667, $5757, and $5879. If the price breaks through the $5590 support level, it might test the $5500 and $5414 possibilities. Key Levels: Resistance levels: $5667, $5757, […]
Bulls are increasing ADA Price Analysis – 06 May Cardano may attempt testing the resistance scenarios of $0.77 and $0.81 if they are able to keep the price above the $0.74 hedge. If the $0.69 hedge is translated, the $0.64 and $0.50 support options will be taken into account. Key Levels: Resistance levels: $0.74, $0.77. […]
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