Market Analysis – August 26 GBPUSD price has surged past the swing high of 1.31420, fueled by seven consecutive days of bullish daily closes. This consistent upward momentum highlights the strong buying pressure in the market, with the price now setting its sights on the next key resistance at 1.32980. GBPUSD Key Levels: Demand Levels: […]
Buyers are holding onto S&P 500 market S&P 500 Price Analysis – 27 August If the $5580 level holds, the S&P 500 can rise and split into the resistance levels of $5667, $5765, and $6005. The $5500 and $5418 support levels may be tested by the price if the $5580 support level is shattered. Key […]
.35 Level" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/08/cardano-ada-logo-2-395x395.png"/>
Buyers’ momentum is weaken in Cardano market ADA Price Analysis – 27 August Cardano is currently trading slightly towards the Hull Suite forex signals indicator as bears try to seize the market. If buyers can hold the price above the $0.37 barrier, they can try to test the resistance levels at $0.37 and $0.40. The […]
Market Analysis – August 26 The Nasdaq 100 index tested its bullish trendline on the daily chart this August, leading to a significant bullish reversal. The recent price rally has successfully broken the key resistance level at 19,465.0. Nasdaq 100 Key Levels: Demand Levels: 18,434.0, 16,960.0, 16,420.0Supply Levels: 19,465.0, 20,129.0, 20,721.0 Nasdaq 100 Long-Term Trend: […]
Market Analysis – August 25 The FTSE 100 index has been on a consistent upward trend, gaining momentum after finding strong support at the 7917.0 demand level. This bullish push showcased the index’s strength as it climbed toward key resistance areas. However, the upward momentum was halted upon encountering a critical bearish order block at […]
Market Analysis – August 23 The USOil price has shown sensitivity to a downward parallel channel on the daily chart. After testing the channel’s lower boundary, the price has reversed direction, initiating an upward movement. USOil Key Levels Demand Levels: 72.40, 69.30, 67.70 Supply Levels: 80.20, 86.50, 89.80 USOil Long-term Trend: Bearish Before the recent […]
Major Concerns Concerns regarding the legitimacy of transactions in the blockchain sector were raised by a recent Bloomberg story that stated that “more than 90% of stablecoin trades aren’t from real individuals.” However, it’s important to recognize the enormous opportunity these bot-initiated transactions represent rather than taking this as a warning sign. In the past, […]
Avalanche Price Forecast – August 21 The Avalanche price forecast indicates that buyers are struggling to breach the significant $23.80 level amid a pullback. AVAXUSD Long-Term Trend: Bullish (1-Day Chart) Key Levels Support Levels: $20.40, $17.20 Resistance Levels: $33.10, $37.10Avalanche buyers have encountered a setback in their efforts to surpass the crucial $23.80 level following […]
Market Analysis – August 27 NZDUSD is steadily advancing towards the 0.63160 supply zone, driven by strong bullish momentum. This uptrend has emerged from the well-defended demand zone at 0.58980. Recently, the pair established a bullish break of structure, pushing past the previous swing high of 0.6200 and putting the resistance at 0.63160 within reach. […]
